Federal reserve bank of philadelphia articles
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Federal Reserve Bank of Richmond inviting Virginians to public forum
At the forum, speakers from the Richmond Fed will discuss why the sentiments of consumers and business owners do not always align with economic data, which may paint a positive picture while average people are feeling financially strained.
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US Federal Reserve, UAE Central Bank keep interest rates unchanged
The UAE Central Bank (CBUAE) kept interest rates unchanged on Wednesday after the US Federal Reserve held interest rates steady citing “lack of further progress” on inflation. The CBUAE has decided to maintain the base rate applicable to the overnight deposit facility (ODF) at 5.40 percent. “The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the base rate for all standing credit facilities,” the central bank said. ...
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Regulators Close Philadelphia-Based Republic First Bank, First Us Bank Failure This Year
WASHINGTON (AP) — Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. Join our WhatsApp group Subscribe to our Daily Roundup Email The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in