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Breakingviews - Breakingviews: Government’s NatWest meddling crosses risky lineSuccessive UK governments have generally tried to refrain from publicly interfering in NatWest’s business – aside from a few bonus rows here and there. Now that the 39% state shareholder has effectively forced Chief Executive Alison Rose out against the board’s wishes, the pretence of an arm’s-length relationship is gone. Meddling ministers crossed a line, and may struggle to retreat back onto the right side of it.
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Federal Reserve raises key interest rate for 11th time in its drive to slow inflationComing on top of its previous rate hikes, the Fed’s latest move could lead to further increases in the costs of mortgages, auto loans, credit cards and business borrowing.
Source: ladailynews - 🏆 332. / 59 Read more »
Federal Reserve hikes interest rates to keep fighting inflationInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
3 ways the Federal Reserve messed up inflation, interest rates, economyInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
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Hunter Biden to appear in federal court, enter guilty plea out of years-long federal probeHunter Biden is set to make his first court appearance in Delaware where he is expected to plead guilty to misdemeanor tax charges Wednesday morning stemming from the years-long federal investigation into his tax affairs.
Source: FoxNews - 🏆 9. / 87 Read more »
Federal Reserve Raises Federal Funds Rate by 25bps Amidst Moderate Economic Growth – Economics Bitcoin NewsThe FOMC expressed concern that tighter credit conditions for households and businesses might have a negative impact on economic activity. Economics
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