The Federal Reserve, as expected, held its benchmark policy rate unchanged in a range of 4.25% to 4.5% on Wednesday. The policy rate has been at that level since December. In a statement ...

The decision leaves the Fed’s benchmark short-term rate at a range of 4.25% to 4.5% for a third straight meeting. The central bank lowered the rate by a percentage point late last year as a ...

Kelly is an editor for CNET Money covering banking. She has over 10 years ... where she also worked as a graduate writing instructor. The Federal Reserve paused rates at its May meeting.

Michelle Bowman, President Donald Trump’s nominee to be the top bank regulator at the Federal Reserve, has been advanced out of committee and will now head to full Senate vote. The Senate ...

THOMASVILLE – TC Federal Bank is proud to announce the promotion of Kevin Vick to Senior Vice President, Thomasville Market President. Vick has been serving the Thomasville community as a ...

The U.S. Treasury and the Federal Reserve are separate entities. The Treasury manages the money that the government brings in and pays out. The Federal Reserve's primary responsibility is to ...

WSJ’s Nick Timiraos and former Fed Vice Chairman Richard Clarida explain how much influence the White House has over the central bank. Photo Illustration: Rio Roye and Annie Zhao The Federal ...

Provision coverage ratio stood strong at 75.37 per cent. Federal Bank remains a fundamentally sound mid-tier bank with consistent improvement in asset quality and deposit growth. However, near-term ...

Federal Bank is aiming for high-teen loan growth in FY26, emphasising mid-yield segments such as gold loans, credit cards, and personal loans. The rate cut by Federal Bank follows a 25 bps repo ...

The reports fueled expectations of rate cuts by the Fed amid recession fears, Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort added in a Viber message. Tuesday’s data highlighted a ...

Federal Bank is avoiding aggressive pursuit of high-yield, high-risk assets to counter declining yields, which have dropped from 9.5 percent to 9.1 percent, according to KVS Manian, MD and CEO of ...

Two women were sentenced to years in federal prison after admitting to being involved in a mail-theft scheme that included more than $100,000 in bank fraud. According to a press release from U.S ...