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Economy
The Rise of Tech-First Neobanks and Why Investors Are Betting Big
Revolut recently launched a secondary share sale, leading to a staggering new valuation of US$75 billion. This milestone strengthens its…
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Are Central Bank Rate Cuts Pointless?
You may be familiar with the hit teatime game show Pointless. And it’s got me thinking. After a surprise rate cut from Sweden’s Riksbank…
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Markets Help Companies Finance in More Ways than One
You might think stock markets’ biggest role in financing companies happens on the day of their initial public offering (IPO).…
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Speech by Vice Chair for Supervision Bowman on the approach to monetary policy decision-making
Good afternoon. Thank you for the invitation to speak to you. I am…
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US Housing Market Stays Frozen Despite Rate Relief
America’s housing market remains stuck at historically low levels, defying expectations that falling would revive demand. With home…
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Federal Reserve Board – Federal Reserve Board issues enforcement action with former employee…
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Sagging Tech Drags Market as Strong Data Lifts Yields
As goes tech, so goes the market. The tech sector has gone red for the week, but remains up 6.1% for the trailing month (+19.8% YTD).…
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Speech by Governor Barr on bank stress testing
Thank you for the opportunity to speak to you.1
Today, I would like to…
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Fed’s Rate Cut History Points Bullish — Unless Recession Follows
The Federal Reserve (Fed) delivered a highly anticipated 0.25% cut during its September 16-17 Federal Open Market Committee () meeting.…
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Accommodative or Restrictive? Decoding the Fed’s Latest Move
Some Wall Street pundits believe that the recent makes its policy too accommodative, and they also argue that the Fed is creating a…
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