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Federal Reserve Raises Interest Rates to 22-Year High
Business

Federal Reserve Raises Interest Rates to 22-Year High

Officials have slowed the pace of increases this year but aren’t sure they have fully tackled inflation. Source link

Deutsche Bank seeks dismissal of complaint brought by former trader
Finances

Federal Reserve Board announces two enforcement actions against Deutsche Bank

The Federal Reserve Board on Wednesday announced two enforcement actions against Deutsche Bank AG, its New York branch, and other U.S. affiliates. First, the Board

Australian govt opens consultation on competition in provision of clearing and settlement services
Finances

Michele Bullock appointed as Governor of the Reserve Bank of Australia

Australia’s Treasurer, the Hon Dr Jim Chalmers MP, has appointed Michele Bullock as Governor of the Reserve Bank of Australia for a seven-year term commencing

No let up for world stocks as banking worries persist By Reuters
Finances

Bullock takes the reins at Reserve Bank of Australia By Reuters

© Reuters. FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

UAE gives $1 billion in reserve support to Pakistan By Reuters

© Reuters. FILE PHOTO-Pakistan’s Finance Minister Ishaq Dar speaks during a news conference to announce the economic survey of fiscal year 2016-2017, in Islamabad, Pakistan,

Collapse of SVB, Signature Bank Tests the FDIC’s Executive Reserve Corps
Finances

Collapse of SVB, Signature Bank Tests the FDIC’s Executive Reserve Corps

Tim Mayopoulos was squashed into a middle seat in coach on his flight to San Francisco, the only one available when he booked that afternoon.

Latest Federal Reserve Decision to Raise Rates Came Down to the Wire; ‘That Was a Rough Weekend’
Business

Latest Federal Reserve Decision to Raise Rates Came Down to the Wire; ‘That Was a Rough Weekend’

Jerome Powell and other officials waited and watched the fallout from SVB, Swiss bank crisis, finally deciding the financial system was stable enough for a

US Federal Reserve watchdog launches probe of SVB supervision By Reuters
Stock Market

US Federal Reserve watchdog launches probe of SVB supervision By Reuters

© Reuters. FILE PHOTO: A customer is escorted into the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023. REUTERS/Brittany Hosea-Small/File Photo