Banking and Financial Institutions – Page 40

Under Fire for ‘Toxic’ Work Culture, Bank Regulator Apologizes Again

A scathing report revealed a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation. Martin Gruenberg will testify on Capitol Hill starting on Wednesday.

By Emily Flitter

Banking and Financial Institutions Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before

Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.

By Jeanna Smialek

Banking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Courts and the Judiciary Credit Cards Personal Finances Pittman, Mark T Suits and Litigation (Civil) Texas United States Chamber of Commerce

Judge Blocks New U.S. Rule Limiting Credit Card Late Fees

Set to take effect on Tuesday, the rule would save households $10 billion a year in “junk fees,” the Consumer Financial Protection Bureau said.

By Cade Metz

Banking and Financial Institutions Consumer Price Index Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

Why Higher Fed Rates Are Not Totally Off the Table

Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.

By Jeanna Smialek

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