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The housing market is still thriving but the refinance market is slowing
The measures were introduced last year to relieve the pandemic-induced balance sheet pressure on banks
COVID-19 has impacted every industry
The national body’s chief executive has expressed pride with how the sector has responded to Covid-19
Most Americans will use digital banking after the Covid-19 pandemic, but younger generations still want face-to-face advice on their finances
The Fed will provide the liquidity facility through to the end of June
The past year has felt similar to the 2008 economic crisis in many ways.
In speech, Quarles said US bank capital levels increased last year
Share of funding for businesses with fewer than 10 employees up 60% under Biden administration, SBA reports
Research from the Federal Reserve noted profitability and capital positions improved in H2 2020
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