Chicago Fed research points to systemic risk from private credit
Life insurers that have tripled exposures could face a liquidity squeeze, say economists
Source: risk.net
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On Building A Resilient Regulatory Framework, Federal Reserve Vice Chair For Supervision Michael S. Barr, At Central Banking In The Post-Pandemic Financial System 28th Annual Financial Markets Conference, The Federal Reserve Bank Of Atlanta, Fernandina Beach, Florida
<p><span>Thank you for inviting me to speak today. As many of you know, I have two roles at the Federal Reserve—my role as a governor of the Board and member of the Federal Open Market Committee (FOMC), where I participate in developing and setting monetary policy, and my role as the Vice Chair for Supervision, where I oversee our supervision and regulation of the banking sector. In keeping with the interdisciplinary spirit of this conference, I'll touch upon these different roles, and how they both promote a healthy economy.</span></p>
Source: mondovisione.com
FTSE 100's early gains fade but stocks still nudge higher
The FTSE 100 finished 3.94 points, or 0.05%, higher to end the day at 8,424.2.
Source: lbc.co.uk
European Stocks Close Broadly Higher After Cautious Session
European stocks closed a bit higher on Monday as expectations that the stimulus measures announced by China last week will help revive the property sector in the world's second largest economy, and optimism about interest rate cuts in the coming months helped underpin sentiment in European markets.
Source: rttnews.com
Metallus to Purchase Group Annuity Contract for Pension Benefits
CANTON, Ohio, May 20, 2024 /PRNewswire/ -- Metallus Inc. , a leader in high-quality specialty metals, manufactured components and supply chain solutions, on May 15, 2024, entered into an agreement...
Source: marketscreener.com