The requirements were relaxed as part of the Fed's efforts to shore up the financial system
The U.S. central bank also upgraded its growth and inflation forecasts
Credit and debit card spending fell sharply after the storm in Texas
Firm manages US$4.7 billion for HNW clients
Requirements for fair trading between funds were first set in 1966
A sharp jump in gas prices led the increase
The treasury secretary pointed to low unemployment before the pandemic, which didn't lead to inflation
The U.S. job market saw its highest gains in February since October 2020
The wait-and-see message caused bond yields to jump
SEC launches task force to tackle misconduct involving ESG