Most Clicked CFA Institute Financial NewsBrief Stories


1. Fed mistakenly publishes interest-rate forecast

CFA Institute Financial NewsBrief | Jul 27, 2015

The Federal Reserve inadvertently published a forecast by staff economists showing they expect a quarter-point increase in interest rates this year. The mistake prompted criticism about the central bank's ability to prevent information leaks. The Wall Street Journal (tiered subscription model) (24 Jul.) Reuters (24 Jul.)


2. What changes are most necessary for the private-wealth industry?

CFA Institute Financial NewsBrief | Jul 28, 2015


3. Senate votes to reopen Ex-Im Bank

CFA Institute Financial NewsBrief | Jul 27, 2015

The Senate voted 67-26 to end a filibuster on legislation to renew the Export-Import Bank's charter, which would open up loan guarantees for offshore buyers of U.S. goods. The Senate is expected to adopt the measure by a wide margin this week. It requires approval by the House. The New York Times (free-article access for SmartBrief readers) (26 Jul.) The Washington Post (tiered subscription model) (26 Jul.)


4. China to keep buying stocks to prop up market

CFA Institute Financial NewsBrief | Jul 28, 2015

Government purchasing of shares will continue to stabilize the stock market, according to the China Securities Regulatory Commission. China Securities Finance will make the investment. Rumors had circulated that the margin-financing provider had withdrawn stabilization efforts after stocks plunged Monday. China Daily (Beijing) (28 Jul.) Bloomberg (27 Jul.) The Wall Street Journal (tiered subscription model) (27 Jul.) USA Today (27 Jul.)


5. IMF: ECB might need to extend QE to boost eurozone

CFA Institute Financial NewsBrief | Jul 28, 2015

The International Monetary Fund has warned of modest medium-term growth for the eurozone and that the European Central Bank might need to print money beyond September 2016. "Directors urged policymakers to use all the available instruments, if needed, to manage contagion risks that might originate from Greece," according to the IMF. "They also highlighted the need to continue enhancing the architecture of the monetary union and European firewalls." Financial Times (tiered subscription model) (27 Jul.) Bloomberg (27 Jul.) Reuters (27 Jul.) BBC (27 Jul.)


6. Creditors head to Greece as rescue hurdles remain

CFA Institute Financial NewsBrief | Jul 24, 2015

Negotiators from the International Monetary Fund, the European Commission, the European Central Bank and the European Financial Stability Facility plan to meet with Greek officials during the next few days to work toward a rescue for the nation. Prime Minister Alexis Tsipras remains popular among voters, but some Syriza party members have criticized him for not rejecting more austerity measures. Bloomberg (24 Jul.) The Wall Street Journal (tiered subscription model) (23 Jul.) Reuters (24 Jul.)


7. House committee tells Labor to drop fiduciary proposal

CFA Institute Financial NewsBrief | Jul 24, 2015

Republicans on the House Education and the Workforce Committee said in a letter to U.S. Labor Secretary Thomas Perez that his agency should withdraw its proposed fiduciary standard. Lawmakers said they are concerned that the proposal would cut off financial advice needed by small-business owners and families with modest resources. The Labor Department has limited time to complete the rule. Pensions & Investments (free access for SmartBrief readers) (23 Jul.)


8. Athens Stock Exchange to remain closed Wednesday

CFA Institute Financial NewsBrief | Jul 29, 2015

Officials are waiting for a ministerial decree before trading can resume on Greece's stock market. Greece received approval Tuesday from the European Central Bank to reopen the market, which has been closed since June 29. Reuters (29 Jul.)


9. Greece's creditors want upfront belt tightening

CFA Institute Financial NewsBrief | Jul 29, 2015

Greek negotiations with creditors started with upfront commitments that the government must agree upon, including legislating belt tightening. "More reforms are expected as part of the statement from the Greek authorities, to allow for a swift disbursement," European Commission spokeswoman Mina Andreeva said. Bloomberg (28 Jul.)


10. Bitcoin technology to launch at Nasdaq in Q4

CFA Institute Financial NewsBrief | Jul 24, 2015

Block chain, the ledger that underpins bitcoin technology, is expected to be launched in the fourth quarter at Nasdaq OMX Group, a first at a major exchange. Chain, an infrastructure provider, is working with the stock market operator to use block chain to issue privately held company shares. Bloomberg (23 Jul.)