Fed decision day and Congress looks at banking

This week the Federal Reserve’s Federal Open Markets Committee (FOMC) meets in one of the most challenging environments in many years; the Fed faces the dual, and perhaps conflicting issues of inflation and bank safety in the wake of the failures of SVB and Signature Bank.

For the past year the Fed has changed policy course and increased interest rates in a battle to fight inflation.  Prior to each meeting Fed watchers have speculated on the size of each increase. Chair Powell two wee...

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