Federal Reserve

Banks report tougher credit standards in wake of failures

Tighter credit standards are expected to be followed by a reduction in lending

By Christopher Rugaber, The Associated Press |May 8, 2023

2 min read

Fed raises key rate but hints it may pause amid bank turmoil

The Fed describes the banking system as `sound and resilient' but notes the impact of a pullback in bank lending remains uncertain

By Christopher Rugaber, The Associated Press |May 3, 2023

4 min read

Fed is set to raise rates yet again. Then what?

Officials want to see inflation decline consistently before considering major policy shifts

By Christopher Rugaber, The Associated Press |May 1, 2023

5 min read

Fed faults Silicon Valley Bank execs, itself in bank failure

SVB “remained well-rated, even as conditions deteriorated,” central bank report says

April 28, 2023

3 min read