The Latest Breaking News from New York Fed

This year's banking collapses have some striking parallels with the thousands of small bank failures that dotted the 1930s.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.46%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.68%. Stock indexes Tuesday closed moderately lower ahead of U.S....

The dollar index (DXY00 ) on Tuesday rose by +0.22%. The dollar on Tuesday posted moderate gains as concern about the ongoing U.S. debt ceiling turmoil boosted safe-haven demand for the dollar. Also, hawkish comments from New York Fed President Williams and Fed Governor Jefferson lifted bond yields and were...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.67%. Stock indexes Tuesday settled mixed, with the Dow Jones Industrials...

The dollar index (DXY00 ) on Tuesday fell by -0.37%. Dovish Fed comments Tuesday from Chicago Fed President Goolsbee and New York Fed President Williams weighed on the dollar. Also, strength in the euro weighed on the dollar Tuesday after a gauge of Eurozone investor confidence rose more than expected....

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. U.S. stock indexes this morning are mixed, with the...

So says the New York Federal Reserve.

The decline in the value of Iraq’s national currency and the rise in the prices of foodstuffs and imported goods can be traced back to remarkable change in the policy adopted by the US Treasury and the Federal Reserve Bank of New York. Both bodies have had a policy shift…

Persistent inflation has hit the middle class, minorities, and rural communities the hardest, according to new data from the NY Fed. But things are easing.

Spending by U.S. consumers is growing at a slower pace and the share of households making major purchases in recent months declined, according to a report from the Federal Reserve Bank of New York.

The Federal Reserve’s busiest year for rate hikes since Jimmy Carter was president may be coming to an end — but U.S. central bankers’ rate increases are far from over.