Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
Tag: Banking and Financial Institutions
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Bank of England to Weigh a Rate Increase After a Jump in Inflation
As policymakers assess an inflation rate that persists in double digits, as well as risks in the banking sector, analysts predict a quarter-point increase.
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Powell and Yellen Suggest Need to Review Regulations After Bank Failures
Proposals for more scrutiny of the financial sector are meeting resistance from industry and Congress.
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Stocks Drop After Fed Raises Rates
There had been widespread uncertainty about whether the Federal Reserve would continue raising rates after turmoil in the banking industry.
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How the Banking Crisis Has Had the Same Effect as a Fed Rate Increase
Some analysts say that the banking industry tumult has slowed the economy as banks pull back on lending.