Jonnelle Marte

(Bloomberg) -- The Federal Reserve said that banks reported tighter standards and weaker demand for loans in the first quarter, extending a trend that began before recent stresses in the banking sector emerged.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansBiden Trail

Affordable and comprehensive financial products and services are the fundamentals of financial inclusion.

El presidente del Banco de la Reserva Federal de Nueva York, John Williams, señaló que tiene amplitud de miras en torno a la próxima decisión de política monetaria que el banco central anunciará en junio, y dijo que monitoreará atentamente las condiciones crediticias.

The consumer price index rose by 4.9% from a year earlier, the first reading below 5% in two years, a Bureau of Labor Statistics report showed Wednesday.

Recent turmoil centers on institutions—a notch or two down from the Wall Street giants—that are crucial funding sources for local businesses.

“Credit card balances were flat in the first quarter, at $986 billion, bucking the typical trend of balance declines in first quarters,” researchers wrote in the report.

Two senior US lawmakers are proposing a bipartisan bill to restrict big banks’ presence on the boards of regional Federal Reserve banks, part of a broader measure aimed at strengthening transparency and ethics rules at the central bank.

Two senior US lawmakers are proposing a bipartisan bill to restrict big banks’ presence on the boards of regional Federal Reserve banks, part of a broader measure aimed at strengthening transparency and ethics rules at the central bank.

Three years ago, a global pandemic triggered a so-called “she-cession,” as millions of women lost their jobs or left the workforce to care for loved ones. Now, they’re leading the recovery.

Lack of overtime pay, transparency and courtesy are adding to the frustration and burnout within the tech industry.