News

Fed could be forced into steep rate cuts if U.S. economy is a casualty of trade wars, Citi says
Wonder why President Donald Trump is attacking the Federal Reserve chairman and demanding lower interest rates now? Well, ...
Citi expects higher effect of tariffs on growth in second half, puts recession odds close to 45%
Citigroup's Chief Economist Nathan Sheets said on Tuesday the U.S. has a 40% to 45% chance of recession as the economy ...
JD Supra11h
CFPB Reverses Course, Withdrawing “Unprecedented” EFTA Interpretation
Following a brief pause under new leadership, the Consumer Financial Protection Bureau (CFPB) has resumed activities, albeit significantly in ...
Federal Reserve, FDIC Pull Statements on Crypto
The regulators have withdrawn several statements regarding banks’ crypto-related activities in an effort to support ...
MarketWatch3d
Fed could be forced into steep rate cuts if U.S. economy is a casualty of trade wars, Citi says
Wonder why President Donald Trump is attacking Federal Reserve Chairman Jerome Powell ... Among the most pessimistic is Citi, which, on Monday, predicted the economy would show clear signs of ...