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an hour agoEconomists warn of threats to US Fed independence amid ongoing regulatory discussions, with no anticipated July rate cuts despite economic uncertainties.
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Financial Markets
At the Fed’s banking conference, Sam Altman, capital rules and avoiding the Powell drama
NeutralFinancial Markets
The Federal Reserve is hosting a fresh banking conference aimed at moving past recent turbulence in the sector. Key figures like OpenAI’s Sam Altman are in the mix, alongside debates over capital requirements—but don’t expect fireworks from Chair Jerome Powell, who’s likely keeping things low-key.
Editor’s Note: After a rocky year for banks (think Silicon Valley Bank’s collapse), the Fed’s trying to reset the conversation. This isn’t just about rules—it’s about rebuilding trust. Altman’s presence hints at how tech and finance are colliding, while Powell’s muted role suggests the Fed’s playing it safe. For anyone with a bank account or investments, these quiet discussions could shape how secure your money is down the line.
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Why World Pulse Now?
Global Coverage
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Get summaries. Save time
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Learn moreLive Stats
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191
Last Updated
an hour ago
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Stay sharp in 60 seconds. Get concise summaries of today’s biggest stories — markets, tech, sports, and more