Browsing: Economy

Economy Fed’s Bowman says further rate hikes likely

The Federal Open Market Committee will likely need to continue raising the federal funds rate to meet its goal of returning inflation to its 2% target, Federal Reserve Governor Michelle Bowman said.

Economy Researchers find regulator communication may ease bank runs

Information provided by Federal Reserve and FDIC regulators can reduce the likelihood of depositors pulling their money following a bank run, but that same information coming from politicians is likely only to affect their electoral base, according to a new analysis.

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