Category: Federal Reserve System

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US-Eastern Caribbean Interbank Market News Scan: American central bankers see drop off from Trump effect.

What we’re reading. Federal Reserve Bank of St. Louis. Alberto Musalem. Monetary policy. “St. Louis Fed President Alberto Musalem discussed the importance of the Fed’s regional structure and shared his views on the U.S. economic outlook and monetary policy at an event in Paducah, Ky. He gave a speech, “Remarks on the U.S. Economic Outlook … Continue reading US-Eastern Caribbean Interbank Market News Scan: American central bankers see drop off from Trump effect.

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U.S.-Eastern Caribbean Interbank Market News Scan as of 12:17 pm AST: US Supreme Court listens to arguments about non-delegation doctrine.

What I am reading today. U.S. Supreme Court. Federal Communications Commission. Universal Service. Today, the United States Supreme Court entertains three questions regarding the non-delegation doctrine and universal service for telecommunications companies. 1. Whether Congress violated the nondelegation doctrine by authorizing the Commission to determine, within the limits set forth in Section 254, the amount … Continue reading U.S.-Eastern Caribbean Interbank Market News Scan as of 12:17 pm AST: US Supreme Court listens to arguments about non-delegation doctrine.

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U.S.-Eastern Caribbean interbank news scan as of 11:08 pm AST: USVI concerned about Trump impact on economy.

What we’re reading: U.S. Virgin Islands. VIPSC. Utilities. “The Virgin Islands Public Services Commission is preparing to launch a series of high-stakes investigations into the territory’s public utilities — while warning lawmakers Monday that chronic mismanagement, outdated infrastructure and nonpayment of regulatory assessments are threatening the commission’s ability to carry out its duties.” — St. … Continue reading U.S.-Eastern Caribbean interbank news scan as of 11:08 pm AST: USVI concerned about Trump impact on economy.

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U.S.-Eastern Caribbean Interbank and Money Markets as of 9:30 am AST

What we’re reading. Caribbean. Diaspora. Resilience. “As millions continue to migrate in search of better opportunities or refuge from conflict and persecution, the narratives that emerge from these journeys illustrate not only the challenges faced but also the remarkable strength found in adversity.” — Caribbean Focus. Guyana. Venezuela. Essequibo. Oil. “On March 6, 2025, a … Continue reading U.S.-Eastern Caribbean Interbank and Money Markets as of 9:30 am AST

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U.S.-Eastern Caribbean FX, Interbank, and Money Markets as of 8:34 PM AST

Foreign exchange per the Board of Governors of the Federal Reserve System. EUR/USD=1.0872 GBP/USD=1.2917 USD/JPY=148.5100 Administered rates per the Board of Governors of the Federal Reserve System. Discount Window: 4.50% Effective Federal Funds Rate: 4.33% Interest on Reserve Balances: 4.40% Overnight Reverse Repurchase Facility Rate: 4.25% Reference Rates per the Federal Reserve Bank of New … Continue reading U.S.-Eastern Caribbean FX, Interbank, and Money Markets as of 8:34 PM AST

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U.S.-Eastern Caribbean, Interbank and Money Markets: FX, Bonds, Reference Rates as of 9:30 am AST

Rates as of 9:30 am AST Foreign exchange per the Board of Governors of the Federal Reserve System. EUR/USD=1.0872 GBP/USD=1.2917 USD/JPY=148.5100 Administered rates per the Board of Governors of the Federal Reserve System. Discount Window: 4.50% Effective Federal Funds Rate: 4.33% Interest on Reserve Balances: 4.40% Overnight Reverse Repurchase Facility Rate:4.25% Reference Rates per the … Continue reading U.S.-Eastern Caribbean, Interbank and Money Markets: FX, Bonds, Reference Rates as of 9:30 am AST

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Law, Interbank, and Money Markets: Has LIBOR price manipulation risk been replaced by SOFR volatility risk?

Law Review: Has LIBOR price manipulation risk been replaced by SOFR volatility risk? Investopedia, a finance news website, defines a reference rate as an interest rate benchmark designed to set other interest rates. Reference rates may be found in mortgage agreements and sophisticated mortgage rate swaps. They act as benchmarks for the performance of a … Continue reading Law, Interbank, and Money Markets: Has LIBOR price manipulation risk been replaced by SOFR volatility risk?

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Currency, Interbank, and Money Market News Scan: Trump’s conservative approach to constitutional power makes him look expansive.

The takeaway The markets and the general public are sliding down the rabbit hole of bewilderment as President Trump’s “will I tariff or will I not” approach to America’s trading partners have introduced more uncertainty to US investors. In some ways, this is the fault of investors themselves. I shed no tears for investors who … Continue reading Currency, Interbank, and Money Market News Scan: Trump’s conservative approach to constitutional power makes him look expansive.

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Currency and money markets news scan: Will banks leave more money in their Federal Reserve bank vaults?

The takeaway: Will banks leave more money in their Federal Reserve bank vaults? Alejandro Riviera is upset today. He needs $200,000 per year in income in order to enjoy retirement with his wife, Anita, and the dog, Puff. Last week, with the two-year rate at 3.99%, Alejandro needed a portfolio of $5,012,531 to generate his … Continue reading Currency and money markets news scan: Will banks leave more money in their Federal Reserve bank vaults?