Citibank surprised markets by lowering its base lending rate from 7.25% to 7.00% on Wednesday. This isn’t just a technical adjustment; it’s a move with real consequences for consumers, businesses, and ...
People on social media were quick to notice an unusually high amount of repo transactions from the Federal Reserve on Oct. 31 ...
The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Here’s ...
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Citi’s Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boot
Citigroup’s board of directors has voted to make CEO Jane Fraser its chair of the board, giving the CEO of a major Wall Street bank a $26 million restricted stock bonus.
US regulators are rolling back enforcement of the country’s global systemically important banks, a Trump-era shift critics ...
JPMorgan Chase & Co. bought Argentine pesos last month on behalf of the US Treasury as Secretary Scott Bessent tried to shore ...
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth ...
The Federal Reserve cut interest rates for the second consecutive month Wednesday as questions swirl about the true strength of the U.S. economy. The Federal Open Market Committee (FOMC), the ...
Al Jazeera on MSN
US Federal Reserve cuts interest rates as labour market weakens
The United States Federal reserve has cut its benchmark interest rate by 25 basis points to 3.75 – 4.00 percent, amid signs ...
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