Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
Category: Federal Reserve System
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How the Banking Crisis Has Had the Same Effect as a Fed Rate Increase
Some analysts say that the banking industry tumult has slowed the economy as banks pull back on lending.
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What to Watch for in the Fed’s Decision on Rates
The Federal Reserve is expected to raise interest rates slightly, but its path is uncertain as worries plague the banking system.
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Bank Crisis Could Cast Pall Over Commercial Real Estate Market
The market hadn’t fully rebounded from the pandemic. Some worry that another slowdown could add to fears of a recession.
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Fed Meeting Holds High Stakes for Biden
The president is counting on the central bank to strike the right balance on jobs and inflation — and to prevent a spiraling financial crisis.
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Investors Trade Cautiously Ahead of Pivotal Fed Decision
There is widespread uncertainty about whether the Federal Reserve will continue raising rates as the banking industry teeters. “It’s a coin toss now,” one strategist said.
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U.K. Inflation Swings Upward, in a U-Turn
Prices in Britain reversed a recent downward trend, rising by 10.4 percent in the year through February.
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Push to Insure Big Deposits Percolates on Capitol Hill
The government only insures deposits of less than $250,000, but there is precedent for lifting that cap amid turmoil. It could happen again.
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Will the Fed Raise Interest Rates During a Banking Crisis?
The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
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Markets Extend Gains as Focus Turns to Fed Meeting
Relief over recent financial rescue measures pushed stocks up for a second day, as investors prepared for a pivotal decision on interest rates.
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UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
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Fed Meets as Bank Chaos Collides With Inflation
The Federal Reserve will decide whether and by how much to raise interest rates this week at a moment when its path ahead is newly fraught.