Wednesday, March 22, 2023

The Fed lifts rates by a quarter point as banking turmoil complicates inflation fight

The Federal Reserve raised interest rates by a quarter point on Wednesday as it attempts to fight stubbornly high inflation while addressing risks to financial stability.
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The Fed lifts rates by a quarter point as banking turmoil complicates inflation fight
The Federal Reserve raised interest rates by a quarter point on Wednesday as it attempts to fight stubbornly high inflation while addressing risks to financial stability. Read more »
 
Judge may force Rupert Murdoch to testify in Dominion defamation case
The judge in the Dominion Voting Systems' defamation case against Fox News signaled his interest Wednesday in the duty that executives like Rupert Murdoch might have to stop known liars from going on-air, and suggested he might force Murdoch to testify. Read more »
 
The banking meltdown may have done the Fed's work for it
Federal Reserve officials have a difficult path ahead of them. They still have work to do to bring inflation down, but their efforts have been complicated by the events of the past few weeks. Read more »
 
Could raising FDIC insurance limits restore confidence in banks? Lawmakers are looking for answers
Right now, $250,000 seems to be the number on everyone's minds. Read more »
 
Fed makes a crucial rate decision
Read more »
 
After bank failures, Elizabeth Warren demands Fed crackdown on large regional banks
Senator Elizabeth Warren is cranking up the pressure on the Federal Reserve following the collapse of Silicon Valley Bank. Read more »
 
 
 
 
Dow Nasdaq S&P
-530.49   -190.15   -65.90
32,030.11   11,669.96   3,936.97
-1.63%   -1.60%   -1.65%
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