Tag: #US Federal Reserve
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Cyber-attacks are capable of triggering a financial crisis: Jerome Powell
Fed chair says cyber attacks main risk to US economy
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Biden says he intends to restore the Fed’s independence in policy making
Biden says has not yet spoken to Fed chair
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Markets struggle as inflation worries offset recovery hopes
Markets mostly fell Monday as falling infection rates and more good news on the vaccine front were overshadowed by growing worries about high valuations and inflation
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Asian markets push higher as traders focus on recovery outlook
Asian markets advanced again Wednesday as investors ignored a stall in Wall Street’s rally
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JPMorgan Chase profits up on solid consumer lending
New York, Oct 15 (AFP/APP):JPMorgan Chase reported higher third-quarter profits Tuesday behind strength in key consumer banking businesses as Chief Executive Jamie Dimon offered a mixed economic outlook. The biggest US bank by assets, JPMorgan reported profits of $9.1 billion, up 8.4 percent from the year-ago period. Revenues were $29.3 billion, up 7.3 percent. The…