Home Tags New York Fed

Tag: New York Fed

A critical recession indicator used by the Fed just hit its highest level since the financial crisis

The New York Federal Reserve's US recession probability model hit its highest reading since the Great Recession in July.
President Donald Trump

A new study shows Trump’s trade war probably won’t achieve one of its biggest goals

President Donald Trump's tariffs won't help him bring down the US trade deficit according to the New York Federal Reserve. The decline in imports will be made up by a roughly equal decline in exports according to a new study.

There’s a suspicious burst of taxi rides to and from Wall Street banks and the New York Fed around the time of key Fed meetings

New York City taxi data shows increased activity around the Federal Reserve Bank of New York around the Fed's eight yearly policy meetings.
Revolving doors in downtown Manhattan

A top regulator’s close ties to Wall Street damage one of its most crucial functions 10 years after the crisis

Every president in the history of the Federal Reserve Bank of New York has been a white male banker.
William C. Dudley, President of the Federal Reserve Bank of New York

The Fed has a rare chance to prove it’s not Wall Street’s bank

OPINION: The New York Fed's board of directors should avoid picking another banker as president.

This dramatic chart shows how the retail apocalypse is affecting jobs across the country

Jobs are shifting from the sales floor to the warehouse, but that doesn't necessarily mean laid off workers can seamlessly transition.

Americans have more debt than ever before — here’s what it looks like

Banks are becoming more cautious about the quality of borrowers they lend to.

Americans have $12.58 trillion of debt — here’s what it looks like

Higher-quality borrowers received a greater share of mortgages and auto loans.

Wall Street is no longer New York City’s biggest job engine

Wall Street is no longer New York City's biggest job creator, New York Fed President William Dudley said.

There’s finally a tiny bit of good news for the 40 million Americans with student debt

Student loan debt declined for the first time in over a decade, according to the Federal Reserve Bank of New York.