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US Federal Reserve reviews flagged bank oversight issues under new standards
The US Federal Reserve is reviewing previously flagged bank shortcomings to align with new supervision standards focused on material financial risks under Vice Chair Michelle Bowman.
Powell signals Federal Reserve to move slowly on interest rate cuts
Fed Chair Jerome Powell signaled caution on more rate cuts, diverging from Trump-appointed officials pushing for faster, deeper reductions.
Federal Reserve’s Bowman says rate cut should be on table in July
WASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House. Bowman said that President Donald Trump’s tariffs have so far not caused the jump in inflation that […]
