Fed officials float even higher rates after brisk inflation data
Two officials said Tuesday that interest rates may need to move to a higher level than anticipated to ensure inflation continues to ease.
Source: bondbuyer.com
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Minimum Wage & the Fed's Biggest Fear
Commentary How does the minimum wage affect the Fed's biggest fear? I touched on this subject previously as ...
Source: theepochtimes.com
US Banks Race to Attract Consumer Deposits After Record-High Exodus
American banks are chasing consumers to open new accounts, after a massive exodus of deposits over the past ...
Source: theepochtimes.com
Kansas City Fed rejects Custodia's master account application
The Federal Reserve Bank of Kansas City's decision comes just hours after the Federal Reserve Board of Governors blocked the digital asset bank's bid to become a member bank.
Source: americanbanker.com
Some Inflation Harder to Contain, Says Economist El-Erian
Mohamed El-Erian, an eminent economist and the chief economic advisor at Allianz, does not find the "inflation dynamics" to be "encouraging."
Source: theepochtimes.com