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Russia’s Wartime Spending Raises Fears of an Economic Bubble

The New York Times: Banking

The economic strength has helped to maintain popular support for Vladimir Putin’s war, but some have warned the state-led spending is threatening the country’s financial stability.

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China’s GDP Grew in 2023, but Economic Strains Lurk

The New York Times: Banking

Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home.

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Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole

The New York Times: Banking

Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt the soft landing.

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Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.

The New York Times: Banking

Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim to the economy.

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Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates

The New York Times: Banking

The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a speech.

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Banks Could Weather Even Extreme Economic Tumult, Fed Finds

The New York Times: Banking

The Federal Reserve for the first time tested major banks’ ability to withstand crisis scenarios — and the largest U.S. lenders stood tall.

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How does fractional reserve banking grow the economy?

Global Banking & Finance

Fractional Reserve Banking (FRB) is a cornerstone of modern economies, playing a pivotal role in facilitating economic growth and development. This banking system empowers financial institutions to leverage their assets, create credit, and stimulate economic activity.

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