Silicon Valley Bank itself was main cause of bank’s failure, Fed official says
Chicago Tribune· 50 minutes agoThe nation’s top financial regulator is asserting that Silicon Valley Bank’s own management was...
Federal Reserve raises interest rates 0.25% to highest since 2007 amid bank crisis
AOL· 6 days agoThe Federal Reserve will announce its latest monetary policy decision at 2:00 p.m. ET on Wednesday,...
Home prices drop for seventh-straight month to start 2023
Yahoo Finance· 19 minutes agoHome prices continue to moderate in the U.S. with prices falling month-over-month nationwide to...
US goods trade deficit widens as exports decline
Reuters via Yahoo Finance· 1 minute agoThe U.S. trade deficit in goods widened modestly in February as exports declined, potentially setting up trade to be a small drag on economic growth in...
Federal Reserve raises interest rates 0.25%, intensifying inflation fight despite banking fears
ABC7 New York· 6 days agoThe Federal Reserve on Wednesday raised its short-term borrowing rate another 0.25%, intensifying...
Why Can’t Banks Raise Their Rates on Deposits?
GoldSeek.com· 6 hours agoAs the Federal Reserve has hiked rates from 0% to over 4.75%, the average interest rate on bank deposits has remained low, around the FDIC's national average for savings accounts of 0.37%. In ...
Analysis | History Says to Buy the Fed Pause. Should You?
Washington Post· 3 hours agoA year into its fight against inflation, the Federal Reserve could — just maybe — be done raising...
Federal Reserve 'dot plot' shows interest rates peaking at 5.1% in 2023
Yahoo Finance· 6 days agoThe Federal Reserve released updated economic forecasts in its Summary of Economic Projections...
Full impact of Federal Reserve's tightening still being learned, Fed's Jefferson says
Seeking Alpha· 16 hours agoThe Federal Reserve has lifted its benchmark lending rate at an aggressive pace to bring inflation...
US Housing Cools Further, With Prices Down 3% From the Peak
Bloomberg via Yahoo Finance· 20 minutes ago(Bloomberg) -- The US housing slump stretched into a seventh month in January.Most Read from...