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outage

Brexit a knockout punch to Fed’s interest rate divergence mantra

June 25, 2016 by · Leave a Comment 

By Howard Schneider WASHINGTON (Reuters) – Britain's shock vote to leave the European Union may tie the U.S. Federal Reserve to near zero interest rates for far longer than expected, according to new research indicating the U.S. central bank is now tightly bound to international economic conditions. Over the past 18 months the Fed has blinked more than once, and refrained from…

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Brexit a knockout punch to Fed’s interest rate divergence mantra

outage

Citigroup resolves ‘technical issue’ that left accounts frozen

June 25, 2016 by · Leave a Comment 

(Reuters) – Citigroup Inc said on Friday it resolved a technical issue that had left customers unable to access their accounts remotely. Customers had taken to social media to complain about the outage, which affected several U.S. states, including New York, Pennsylvania and California, according to Bloomberg. “We experienced a brief technical issue that

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Citigroup resolves ‘technical issue’ that left accounts frozen