Federal Reserve officials will release a rate decision at 2 p.m. The key question is what will come next.
Category: Federal Reserve System
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Job Openings Slipped in March as Labor Market Continued Easing
The ratio of open jobs to available unemployed workers fell to the lowest level since October 2021.
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Fed Will Decide Next Rate Move After Bank Jitters
The Federal Reserve will release a policy decision on Wednesday on the heels of another bank collapse.
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Late-Night Negotiating Frenzy Left First Republic in JPMorgan’s Control
The resolution of First Republic Bank came after a frantic night of deal making by government officials and executives at the country’s biggest bank.
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White House Considers Two Key Nominations at the Fed
Administration officials are considering Adriana Kugler, an official at the World Bank, for a Fed governor job, while elevating a sitting governor to the role of vice chair.
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In an Unsteady Banking Industry, First Republic’s Problems Stood Out
The bank’s rivals appear on firmer footing this time, in contrast with the widespread panic after the failures of Silicon Valley Bank and Signature Bank in March.
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Markets Shrug Off First Republic Failure
The bank’s collapse stopped short of derailing the broader market, with markets focusing instead on corporate profits and the Federal Reserve’s next decision on interest rates.
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JPMorgan Chase Emerges as Buyer for First Republic Bank
The lending giant’s shares jumped on the news that it is buying First Republic. But investors are watching to see if the deal ends the regional banking crisis.
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Key Takeaways From Regulatory Review of Bank Failures
The Federal Reserve and the Federal Deposit Insurance Corp. reviewed what went wrong with oversight of two regional banks. A watchdog agency released its own take.
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Wages and Prices Slow Unevenly, Reflecting ‘Rocky and Bumpy’ Economy
Key pay and inflation gauges have stayed stubbornly high as Federal Reserve officials consider when to stop raising interest rates.
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Wages Continue to Grow, Good for Workers but a Worry for the Fed
Wages and salaries for workers rose 5.1 percent from a year earlier, which helps employees keep up with the rising cost of living but complicates the Federal Reserve’s efforts to tamp down inflation.