By Andrew Moran Half of loan or financial products applicants have been denied since the Federal Reserve first started raising interest rates in March 2022, according to a new study by Bankrate. Seven percent of applicants have been rejected for more than one financial product, the survey found. Younger generations and parents of minors were […]
Tag: Federal Reserve Bank
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.