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Federal Reserve

National

WASHINGTON — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first steps toward dialing back its ultra-low interest rate policies.

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What would you do with $6 trillion? President Joe Biden would give a lot more money to working-class parents and spend billions on roads and bridges, among other priorities. The question is whether he can get a closely divided—yet Democratic majority—Congress to go along. The president’s proposed budget outlines his ambitious plans for the country […]

National

The Federal Reserve warned that credit scores — the all-powerful number that can determine if a consumer is able to qualify for a loan, rent a home or even buy car insurance — might have gotten less reliable during the coronavirus pandemic.

National

WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.

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SCOTT, in prepared remarks: "Just before COVID, we had the most inclusive economy in my lifetime. The lowest unemployment ever recorded for Af…

Banking
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As Americans receive stimulus checks and tax refund checks, they may be wondering how to spend that money. In some cases, it may be wise to save it, rather than spend it. But other than stashing the cash in a highly recommended emergency fund, what should you do with it? Whether it’s a stimulus check, […]

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