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The Latest Breaking News from The Federal Reserve Board

Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: 'Well, it's pretty clearly not allowed under the law'

Lawmakers of both parties grilled Powell over the Fed’s recent decisions.

Fed officials may drop a bombshell on interest rates this week

Fed officials may drop a bombshell on interest rates this week

Ahead of this week's Federal Reserve meeting, President Trump says rates are too high.

Here's how inflation escalates your household spending

Here's how inflation escalates your household spending

These necessities are eating up the majority of household budgets.

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The Fed hits Evolve bank with order over fintech troubles

The U.S. central bank has issued an enforcement action against Evolve Bank & Trust for failing to comply with anti-money-laundering, risk management, and consumer compliance programs.

Is it Time to Switch Banks?

It's a good time to take stock of what you need in a bank, and consider if your bank is still working for you.

The Chicago school economist who warned years ago of America's ‘business dynamism’ fading still sees 'something broken in the background'

Ufuk Akcigit and Sina Ates wrote a paper in 2019 that tracked four decades of economic decline in the U.S. The problems haven't gone away.

Sudan’s war is wrecking a lot, including its central bank – a legacy of trailblazing African American economist and banker Andrew Brimmer

The war in Sudan between two rival generals for control of the country is devastating in so many ways. Hundreds of civilians have been killed, thousands injured and more than 1 million people are now homeless. The fighting is even wreaking havoc on the country’s central bank.

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JP Morgan's Jamie Dimon Says Bank Troubles Reveal Important Fact About Risk

JP Morgan's Jamie Dimon Says Bank Troubles Reveal Important Fact About Risk

'Vigilant scrutiny' is needed, Dimon writes.

Michael Hiltzik: The Fed's anti-inflation work is almost done, with an assist from the banking crisis

The Federal Reserve Board may owe the banking crisis a thank-you note.

Los Angeles Times

Federal Regulators Launch $25 Billion Program to Protect Deposits

Federal Regulators Launch $25 Billion Program to Protect Deposits

Federal regulators will protect deposits at banks through a new program and said all depositors at Silicon Valley Bank would receive their money.

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