Ahead of Chinese data and signals from the Federal Reserve, Asian stocks decline
On Monday (15th May), the majority of Asian stock markets experienced a decline as investors adopted a cautious approach in ...
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Tag: Federal Reserve
Wells Fargo Resolves Shareholder Disputes with $1 Billion Settlement Regarding Scandal Recovery
Wells Fargo & Co has reached a settlement of $1 billion in a lawsuit that accused the company of deceiving ...
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Brain Moynihan, Bank of America CEO says the US economy is headed towards a mild recession despite the inflation signs ‘tipping down’
The CEO of Bank of America stated that everything in the economy points to a mild recession. The Federal Reserve ...
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Investors stay away from Crypto Markets as they speculate another Federal interest rate hike
BTC drops to $27.3K and Ether $1.8K
The impact of federal interest rates remaining high was felt by the Crypto markets after Bitcoin consolidated its position at ...
Read moreDetailsUS dollar strengthened by demand amidst reports of looming recession
Reports of low corporate earnings and a looming recession in the US economy fueled the demand for US dollars in ...
Read moreDetailsBanking Crisis: FDIC Approves JPMorgan & Chase’s Bid For First Republic
The FDIC successfully intervened in the second-largest bank failure in US history. The First Republic Bank was taken over by ...
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Stock futures marginally decline as investors anticipate the Federal Reserve’s rate decision.
On Tuesday night 2nd May, there was a small decline in U.S. stock futures as investors anticipated the upcoming policy ...
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Direction of US Dollar Depends on Federal Reserve’s Policy Outlook and US Labor Market Data
During the previous week, the US dollar, as indicated by the DXY index, experienced a slight decline, falling by approximately ...
Read moreDetailsA report from the Federal Reserve indicates that banks are concerned about future conditions, particularly with regards to a sluggish economy and the possibility of deposit outflows
According to a report by the Federal Reserve on Monday (8th May), turbulence in mid-sized institutions led to banks tightening ...
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Federal Reserve President, John Williams, Warns About Further Increase In Interest Rates To Control Inflation
The President of Federal Reserve John Williams expresses his opinion on benchmark interest rate hikes and inflation.
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