Tag: Fed

Millennials Will Never Recover From 2008 Financial Crisis, Student Loans Worsen the Issue

According to a study released by the Federal Reserve Bank of St. Louis entitled “A Lost Generation”, millennials will never be able to recover from the Great Recession and the 2008 financial crisis. The Fed stated that families headed by someone born in the 1980s have net worths that are 34 percent lower than expected. The report read: We found that typical families headed by someone born in the 1960s, 1970s and 1980s were significantly …
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Federal Reserve Interest Hike Seems Improbable After GDP Expectation Adjustment

In the financial sector a lot of experts are focusing their attention on what the Federal Reserve plans to do. Although quite a few people expect another interest rate hike, that seems less and less likely every week. Earlier today the Fed lowered their quarterly GDP outlook for the US for the remainder of the year. An increase in interest rates will probably have to wait until 2017, at the …
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China’s Fourth Largest Bank Scrutinized By Fed Over AML Compliance

There is something brewing in the traditional financial world that may shake up the balance of things in the coming months. Agricultural Bank of China is one of the four biggest banks in the region, yet they were issued a warning by the Fed. Apparently the bank has some compliance discrepancies in the anti-money laundering sector, an interesting turn of events, to say the least. What Is Going On With …
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Federal Reserve Is Powerless Against A New Recession

There are a lot of eyes on the Federal Reserve right now. Many financial experts assume the interest rates will increase again later this year. But at the same time, there are those who feel the opposite will be true. The future of the US economy may very well hang in the balance, and things are not looking overly positive right now. What Will Happen To Federal Reserve Interest Rates? …
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