Interest Rates

Fed’s John Williams: Bank Shouldn’t Cut Off Economic Support Yet

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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