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Federal Reserve Bank of New York

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Last Updated: Just Now
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Global Markets & Equities 08 Oct 2026, 12:54 AM IST

Americans Grow More Pessimistic About Their Finances as Affordability Pressures Bite, New York Fed Finds

Americans are becoming increasingly wary about their financial outlook as higher living costs continue to strain household budgets, according to the Federal Reserve Bank of New York. The latest data points to a more fragile consumer mood, with an expert warning that families may soon face tougher choices over spending, saving and debt management.

By RDU Global Wire5 min read
Global Markets & EquitiesJust now (10:46 PM IST)

Williams Signals No Rush on Rates as Goolsbee Warns Against Fed Overreach

Federal Reserve Bank of New York President John Williams said the central bank could still raise interest rates once more before year-end, but stressed that policymakers are not in a hurry and want more data before deciding. He projected inflation may finish the year around 3.5% before gradually returning to the Fed’s 2% target by 2028, underscoring a slower disinflation path than markets would prefer. Chicago Fed President Austan Goolsbee separately cautioned against over-tightening, warning that policymakers should avoid “playing with fire” as the economy remains sensitive to higher borrowing costs.

5 min readRead →
Frontier AI & Machine Learning11h ago

AI Is Reshaping the First Job Search, Leaving New Graduates Fighting to Be Seen

Artificial intelligence is changing how employers screen candidates and how students present themselves, intensifying pressure on recent graduates already facing a softer labor market. New data from the Federal Reserve Bank of New York show elevated unemployment and underemployment among young degree holders, while recruiters and job seekers alike are increasingly relying on AI tools in the hiring process.

6 min readRead →
Global Economy & Central Banks21 Oct 2026, 08:00 PM IST

Bloomberg Spent $80 Million to Help Democrats, NYT Reports

Michael Bloomberg spent roughly $80 million to support Democratic candidates and causes in the midterm cycle, according to The New York Times, underscoring the scale of his political spending as control of Congress hangs in the balance. The outlay adds another high-profile financial force to a contest in which Democrats are seeking to regain the House and Senate in November.

5 min readRead →
Global Markets & Equities15 Oct 2026, 10:33 AM IST

Lisa Cook’s Lawyer Questions Fairness of Trump-Backed Hearing as President Calls Her an ‘Automatic No Vote’

A lawyer for Federal Reserve Governor Lisa Cook has accused the White House of setting up a biased process to justify President Donald Trump’s latest push to remove her, escalating a fight that has already raised alarms about political interference at the central bank. Trump, meanwhile, has publicly dismissed Cook as an “automatic no vote,” sharpening concerns that the dispute is as much about control of monetary policy as it is about the underlying allegations.

5 min readRead →
Global Markets & Equities09 Oct 2026, 03:29 PM IST

New York Fed Says Tariffs Drove Inflation in Many Everyday Goods

A New York Federal Reserve analysis has found that tariffs were responsible for a substantial share of recent price increases in many consumer goods, underscoring how trade policy has fed directly into household inflation. The findings add fresh evidence that import duties can pass through to shoppers quickly and persistently, complicating the inflation outlook for markets and policymakers.

5 min readRead →
Global Markets & Equities09 Oct 2026, 11:36 AM IST

New York Fed Finds Tariffs Drove Inflation Across Everyday Goods

Tariffs were responsible for a substantial share of price increases in a broad set of consumer goods, according to researchers at the New York Federal Reserve. The study found that by February 2026, tariffs had added 2.9 percentage points to inflation across 67 categories of goods, underscoring how trade policy can quickly filter into household costs.

5 min readRead →
Global Markets & EquitiesJust now (06:32 PM IST)

Fed October Rate-Hike Bets Fade as Traders Reassess the Path Ahead

Traders who had been positioning for a back-to-back Federal Reserve rate increase in October may have moved too quickly, as softer inflation data and dovish commentary from policymakers prompted a sharp reassessment of the policy outlook. The shift helped steady markets late in the session, even as major U.S. equity indexes finished lower on renewed uncertainty over how aggressively the Fed will move next.

5 min readRead →

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