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Desire for Interest on Deposits Is Bad for Main Street Banks
Finances

Desire for Interest on Deposits Is Bad for Main Street Banks

Community banks expected the Fed’s interest-rate increases to help them, but instead they are hurting. Source link

Bank of America to redeploy wealth management, banking employees
Finances

As banking jitterbug dies down, Fed returns to its main dance partner By Reuters

2/2 © Reuters. FILE PHOTO: Boston Federal Reserve President Susan Collins pictured during an interview with Reuters in Washington, U.S, March 31, 2023. REUTERS/Michael S.

Dow futures rise 75 pts; Fed
Finances

Dow futures rise 75 pts; Fed’s main inflation gauge in focus By Investing.com

© Reuters By Peter Nurse Investing.com — U.S. stocks are seen opening largely higher Friday, with investors cautiously awaiting the release of a key inflation