Fed Lifts Capital Requirements for Banks
The Federal Reserve sent a message to the largest U.S. financial firms: Staying big is going to cost you, the Wall Street Journal reported.
Fed holds off on interest rate hike, downgrades economic forecast
Federal Reserve policymakers on Wednesday kept the central bank’s benchmark short-term interest rate near zero, opting against the first increase since 2006 after determining the economy still isn’t strong enough to handle it.
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