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Here s Why A Record Number Of $50 Bills Were Printed In 2022 Despite An Overall Decline In Cash Transactions

In response to Americans' increasing preference for physical cash, the U.S. government printed a record number of $50 bills.

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Federal Reserve To Implement Six Rate Cuts In 2024 Amid Economic Slowdown, Says ING

In light of a decelerating economy, ING Economics is forecasting a series of interest-rate reductions by the Federal Reserve in 2024.

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US Banks Are Abruptly Freezing Accounts — Here s How You Can Save Yours

Customers are increasingly finding their accounts closed by banks eager to avoid regulatory scrutiny. 

New yorkUnited statesRon lieberAmerican bankers associationNew york timesWitness whoppingDeposit drop in just three weeksFed survey raises

US Banks Are Struggling With $650 Billion In Unrealized Losses On Bond Holdings — Here s How They Can Get Out - SPDR S&P Bank ETF (ARCA:KBE), SPDR S&P Regional Banking ETF (ARCA:KRE)

American banks are grappling with a staggering $650 billion in unrealized losses on their bond investments — but there could be a way out.

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Major Banks Hit By Clearinghouse Glitch, Direct Deposits Delayed - Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM)

A technical hiccup at a major clearinghouse has led to a cascade of direct deposit delays for customers at several leading banks, including JPMorgan Chase & Co (NYSE:

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