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Michelle Bowman, the US Federal Reserve’s top bank cop, encouraged the financial industry to consider more innovation as one ...
Michelle Bowman of the Fed emphasized financial inclusion and the need for innovation to serve unbanked populations at a ...
The Senate banking committee’s top Democrat is calling on the Federal Reserve to throw out a proposed rule for the amount of money that big banks are allowed to borrow relative to their capital.
WASHINGTON] US Federal Reserve governor Michael Barr said on Tuesday (Jul 15) that banks and advocates have worked together ...
Boston Federal Reserve President Susan Collins said on Tuesday she's in no rush to change the U.S. central bank's benchmark ...
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Wall Street trades mixed on Tuesday, with the S&P 500 briefly surpassing the 6,300 mark as investors weighed fresh inflation ...
A subdued June inflation print means a September Fed rate cut remains possible; we see higher inflation numbers ahead ...
Headline and core data in line with expectations but will not be enough to ease Fed’s fears of tariff-driven price rises ...
The Bureau of Economic Analysis said the consumer price index rose to 0.3% in June to an annualized rate of 2.7%, making the ...
"As a result, the adverse impact of tariffs on labor market conditions and economic growth may be more limited," Collins explained. The Fed’s benchmark interest rate currently stands in the 4.25%-4.50 ...
As always, economists had disparate interpretations of the consumer price index, with none expecting a July rate cut. And ...