Fed raises interest rates a quarter point
The Federal Reserve’s decision on Wednesday to raise interest rates for the ninth time since last March comes amid turmoil in the banking sector. Fed Chairman […]
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Yellen says bank system sound, stabilizing
Several major banks recently prop up First Republic Bank to prevent collapse.
Treasury secretary says U.S. economy is sound
Janet Yellin addresses Thursday's Senate Finance Committee hearing.
Biden says banking system strong after 2 collapse
Banks in California, New York recently fail.