The data showed households have fully recouped the wealth losses generated by a crushing bear market for stocks and weaker real estate values through much of last year as the Fed kicked off an aggressive campaign to rein in inflation through large, rapid-fire interest rate increases.
Stock market drives U S households to record wealth reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Americans confidence in Powell hits a low mark for a Fed chief, poll shows kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Japan, France and India will announce a new platform for creditors to coordinate restructuring of Sri Lanka's debt, Japanese Finance Minister Shunichi Suzuki said on Wednesday, adding it would be "very nice" if China were to join the effort.
March 31 (Reuters) - Deposits at small U.S. banks
stabilized in the week ended March 22, ending the sharp outflow
in the week immediately following the collapse of Silicon Valley
Bank, data released on Friday by the Federal Reserve showed.
. | Mar. 31