Interest Rates

Fed Chair Powell Says Cryptos ‘Risky’ but Not Cause for Concern

Fed Chair Powell Says Cryptos ‘Risky’ but Not Cause for Concern
Fed Chair Powell Says Cryptos ‘Risky’ but Not Cause for Concern
December 15, 2021  |  Cryptocurrency

Federal Reserve Chairman Jerome Powell said in a press conference on Wednesday (Dec. 15) that he doesn’t think cryptocurrencies are a concern for financial stability,...

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Fed’s John Williams: Bank Shouldn’t Cut Off Economic Support Yet
Fed’s John Williams: Bank Shouldn’t Cut Off Economic Support Yet
June 21, 2021  |  Economy

According to New York Fed leader John Williams, the U.S. Federal Reserve shouldn’t be so quick to cut off support to the still-recovering economy, the...

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People Keep Saving Despite Low Interest Rates
People Keep Saving Despite Low Interest Rates
November 13, 2020  |  Banking

Interest rates on deposit accounts are hovering at near zero percent due to the COVID-19 pandemic, but that hasn’t stopped people from socking money away....

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Pfizer, BioNTech Vaccine News Boosts Interest Rates And Bank Share Prices
Pfizer, BioNTech Vaccine News Boosts Interest Rates And Bank Share Prices
November 10, 2020  |  Banking

It is not just Big Pharma that is reaping a windfall from the positive news on the COVID-19 vaccine front, but big banks as well....

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Fed Signals Readiness To Act As Coronavirus Escalates
Fed Signals Readiness To Act As Coronavirus Escalates
November 05, 2020  |  Economy

The Federal Reserve’s Thursday (Nov. 5) statement from the Federal Open Market Committee (FOMC) affirms its position to use the “full range” of tools at...

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Community FIs Battle Against Low Interest Rates To Help SMBs Thrive
Community FIs Battle Against Low Interest Rates To Help SMBs Thrive
September 24, 2020  |  B2B Payments

When the Paycheck Protection Program (PPP) rolled out in the U.S., smaller community banks and credit unions (CUs) stepped up to the plate and, according...

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Fed Chair Powell: Economic Recovery Depends On Success In Controlling Pandemic
Fed Chair Powell: Economic Recovery Depends On Success In Controlling Pandemic
July 29, 2020  |  Economy

Federal Reserve Chair Jerome Powell said Wednesday (July 29) that the road to economic recovery is “extraordinarily uncertain” and will be heavily influenced by how...

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Mortgage Applications Drop Again, But Refis Remain Strong
Mortgage Applications Drop Again, But Refis Remain Strong
July 29, 2020  |  Real Estate

Home loan applications overall fell 0.8 percent last week as rates on FHA loans rose, according to the Mortgage Bankers Association (MBA). Get the Full...

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Fed’s Brainard: Economic Recovery So Far Could Be Temporary
Fed’s Brainard: Economic Recovery So Far Could Be Temporary
July 14, 2020  |  Economy

Federal Reserve Governor Lael Brainard said the road to recovery for the U.S. economy won’t be an easy one, according to The Wall Street Journal...

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