Fed to Meet, Congress to Investigate

The Federal Reserve’s Federal Open Markets Committee (FOMC) meets next Tuesday and Wednesday and, in the wake of the failures of SVB and Signature Bank, all eyes will be on the central bank. 

It was less than two weeks ago that Chair Powell testified before the House Financial Services Committee and the Senate Banking Committee, giving hawkish comments that clearly put a 50 bps increase on the table.  Then last weekend the financial world watched as the Fed, FDIC, and U.S. Treasu...

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