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MICHAEL BARR
Mortgage rates today September 25: 30-year rises above 7.4%, 15-year climbs to 6.647% - here’s what borrowers need to know and why mortgage rates are going higherMortgage rates today September 25: Mortgage rates have risen significantly, with the average 30-year purchase mortgage now standing at 7.47...
‘Ignoramus and a bigot’: Roseanne Barr blasts former ‘Roseanne’ co-star Michael Fishman; revisits 8-year-old tweet comparing Obama’s advisor to apes that led to show's cancellationIn a fiery podcast segment, comedian Roseanne Barr took aim at her ex-colleague Michael Fishman, expressing her discontent over his remarks...
Dollar perched at two-month high as hot PMI fuels inflation fears, rate hike betsThe dollar continues to hold its ground due to robust manufacturing data, which has ignited concerns about inflation and possible rate incr...
Global Market Today: Asian stocks waver on inflation, rate concernsGovernment bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand a...
US stocks: US market ends down as oil prices, Treasury yields riseIn a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, com...
Fed Governor Michael Barr signals more rate hikes needed to tame inflationFederal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while ec...
Gold hits over two-week low, US jobs data in focusOn Wednesday, gold prices hit their lowest point in two weeks, driven down by rising Treasury yields and a stronger dollar that made the me...
Dollar holds firm as Middle East hostilities lift oilThe dollar rose significantly on Wednesday due to climbing oil prices prompted by renewed conflicts in the Middle East, which rattled globa...
US Fed's Michael Barr warns central bank may need to raise rates if inflation stays highFederal Reserve Governor Michael Barr indicated potential interest rate increases if inflation remains elevated. He stated that the central...
US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concernsU.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, whi...
US Stock Market: Fed’s Barr warns against easing bank liquidity rules to shrink balance sheetFederal Reserve Governor Michael Barr cautioned against shrinking the US central bank’s balance sheet by easing bank liquidity requirements...
US Fed official says high interest rates likely for 'some time'A senior official from the US Federal Reserve has stated that interest rates may need to remain higher for a longer period in order to effe...
US House oversight panel asks Fed's Powell for SVB documentsCommittee chair James Comer, in a letter to Powell published on the panel's website, also asked for documents related to Fed Vice Chair Mic...
US Fed official calls for increase to bank capital requirementsMichael Barr, the Federal Reserve's vice-chair for supervision, has proposed a series of measures to reinforce banking oversight. These inc...
Fed official: Bank rules under review in wake of SVB failureSilicon Valley Bank's management was informed by the Federal Reserve's bank supervisors of the risks of the bank's unusual business model i...
Fed's Barr says regulators committing to ensuring 'all deposits' are safeIn prepared testimony, Fed Vice Chair for Supervision Michael Barr added that the banking system is "strong and resilient," but that the Fe...
Senate panel backs Michael Barr, Biden pick as Fed regulatorBiden has also reappointed Jerome Powell to a second four-year term as Fed chair and elevated Lael Brainard to the position of vice chair.