Category: Federal Reserve System

Investors Worry What Strong Jobs Data Means for the Economy

Inflation, recession and labor market concerns loom large over the stock market ahead of Friday’s jobs report.
Job Openings Fell in February, JOLTS Report Shows

The data shows the job market continues to ease off its red-hot pace, but there are still more openings than unemployed workers in the country.
How a Trump-Era Rollback Mattered for Silicon Valley Bank’s Demise

The New York Times – Business:
An under-the-radar change to the way regional banks are supervised may have helped the bank’s rapidly growing risks to go unresolved.
The Fed’s Preferred Inflation Gauge Cooled Notably in February

The New York Times – Business:
A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
The Fed Is Doing Too Much, All at Once

The New York Times – Business:
In its fight against inflation, the Federal Reserve has contributed to the bank failures and economic instability that it is now trying to fix, our columnist says.
How the S&P 500 is Dominated By Apple and Microsoft

The New York Times – Business:
Investors in the S&P 500 are highly dependent on the fate of Microsoft, Apple and other big technology stocks. A rally in March showed how this can mask turmoil in the rest of the market.
Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank

The New York Times – Business:
The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions

The New York Times – Business:
Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks’ management.
Banking Regulators Prepare for Tough Questions from Lawmakers

The New York Times – Business:
Three top officials will testify in Congress about the turmoil caused by the collapse of Silicon Valley Bank, and their role in it.
Silicon Valley Bank’s Risks Went Deep. Congress Wants to Know Why.

The New York Times – Business:
Lapses at the bank will be a focus as a top Federal Reserve official testifies to House and Senate committees this week.
Fed Vice Chair Calls Silicon Valley Bank a ‘Textbook Case of Mismanagement’

The New York Times – Business:
The Federal Reserve’s top bank cop blamed Silicon Valley Bank’s leaders, while previewing the cental bank’s review of its faulty oversight.
Bond Trading May Be Sending a Recession Warning

The New York Times – Business:
Wild swings in the Treasury market are unlike anything many investors today had seen. They’re also potentially warning of a recession.