Douglas McIntyre, Editor-in-Chief at Climate Crisis, reports that the Federal Reserve has exited a climate alliance following similar moves by major U.S. banks, including Goldman Sachs, Morgan Stanley,

The number of huge banks and financial firms that are members of The Net-Zero Banking Alliance (NZBA), created

Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing.

However, they flagged that US President-elect Donald Trump's proposed sweeping import tariffs on friends and foes alike could take a March cut "off the table", especially if the levies come sooner than anticipated or are higher than projected.

Bank of America (NYSE: BAC) Chairman and CEO Brian Moynihan is confident that Q4 net interest income will reach $14.3B, compared with $14.1B in Q3, as the bank's loan growth outpaces the industry, deposits increase, and high-cost deposits run off.

The latest Consumer Price Index showed that housing inflation pressures continued to moderate in December in an encouraging sign for the Federal Reserve.

Emerging market countries and companies have issued a flood of bonds topping $55 billion, the most in years, as borrowers rush to lock in cash before the potential tumult of the second Donald Trump administration in the United States.

A resilient US economy has also fueled wagers that the Federal Reserve could keep interest rates higher for longer, further boosting the currency. The team at Morgan Stanley, led by Michael Wilson ...

In this podcast, Motley Fool contributor Matt Frankel and host Mary Long break down big bank earnings. They also discuss: Why comparisons to 2023 give banks more credit than they may deserve. The split between JPMorgan 's investment banking and consumer businesses. Growing interest in private credit markets.

On the supply side, Trump's national energy emergency declaration and his push for energy independence are significant drivers of bearish momentum, as the policies could likely turn the U.S. into a net energy exporter, which might have lasting implications for global oil prices.

This article was originally published on WealthyVC.com. Core inflation in the US cooled more than expected in December, sparking optimism about the Federal Reserve’s path for interest rates in 2025. The Consumer Price Index (CPI),