Central bankers are expected to leave interest rates unchanged on Wednesday, but the decision is an unusual nail-biter. Also: Keep an eye on the economic forecasts.
Tag: Banking and Financial Institutions
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U.S. Inflation Cools as Fed Plots Next Interest Rate Move
Consumer prices rose at the slowest pace in more than two years, an encouraging sign for policymakers as they plot their next interest rate move.
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JPMorgan Reaches Settlement With Epstein’s Victims
The proposed deal would settle a suit on behalf of victims who were sexually abused by Jeffrey Epstein, over claims the bank ignored warnings about him.
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Founders of Three Arrows, Failed Crypto Fund, Are Living Large
The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.
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Binance Halts Trading in Dollars on Binance.US
Banks have signaled that they will stop working with the company’s American branch, it said, after the Securities and Exchange Commission sued it this week.