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Aug 21 2023

Farmington Bank Faces Fed Wrath: Alameda-Backed Financial Institution Ordered to Shutdown

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In a statement released August 17, 2023, Farmington State Bank, with… More…

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Aug 20 2023

Consensus Pause: Majority of Economists Predict No Rate Hikes for 2023, With Cuts Delayed Until March 2024

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A newly published Reuters poll reveals that most economists concur:… More…

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Jun 25 2023

San Francisco Fed President Deems 2 Rate Hikes in 2023 ‘Reasonable,’ Urges Caution in Monetary Policy

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Mary Daly, the president of the San Francisco Federal Reserve Bank,… More…

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Jun 09 2023

IMF Urges Fed to Maintain Tightening Policy Amid Inflation Concerns, Citing ‘Challenges’ Ahead

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On Thursday, International Monetary Fund (IMF) spokesperson Julie… More… The post IMF Urges Fed to Maintain Tightening Policy ...

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May 14 2023

Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting

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Investors believe it is highly likely that the target rate will remain… More… The post Biden Appoints New ...

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Feb 21 2023

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

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On Tuesday, all four major U.S. benchmark stock indexes fell as real… More…

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Dec 25 2022

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

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109 years ago, the U.S. Federal Reserve was created and ever since … More…

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Dec 14 2022

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year

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The U.S. central bank’s Federal Open Market Committee (FOMC)… More…

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