federal reserve bank
Fed to unveil another big rate hike as signs of economic slowdown grow
With the Federal Reserve expected to hike its key interest rate by three-quarters of a percentage point on Wednesday to battle high inflation, focus will shift to how deeply signs of an economic slowdown have registered with its policymakers.
Fed rolls out biggest rate hike since 1994, flags slowing economy
The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that U.S. central bank officials acknowledged may be eroding public trust in their power, and being driven by events seen increasingly out of their hands.
BB heist: Slim chance to get back more money, says Muhith
Finance Minister AMA Muhith says there is hardly any chance to get back more money from the US$100 million hacked from the Bangladesh Bank's account with the Federal Reserve Bank of New York.
BB heist probe report will be made public: Muhith
The government will make public the probe report on the cyber heist of US$101 million from Bangladesh Bank’s account with New York’s Federal Reserve Bank.
CID finds 20 foreigners’ link in BB cyber heist
Bangladesh's Criminal Investigation Department (CID) claims they found 20 foreigners involved in cyber heist of US$ 101 million from Bangladesh Bank's Federal Reserve Bank account, says they have found proof of negligence by central bank staff.
Responses from NY banks were sluggish
The Bangladesh Bank was denied prompt responses from the intermediary banks and due diligence from the Federal Reserve Bank of New York, which would have raised the stakes of recovering a major chunk of the $81 million stolen by hackers.
Hackers steal $100m from BB account
Bangladesh Bank has identified the people involved in the hacking of around $100 million (Tk 780 crore) from its foreign currency account with the Federal Reserve Bank of New York, claim BB officials. Almost the entire amount was transferred online to the Philippines banking system and a small portion of it to Sri Lanka by suspected Chinese hackers on February 5, they said.
Fed to unveil another big rate hike as signs of economic slowdown grow
With the Federal Reserve expected to hike its key interest rate by three-quarters of a percentage point on Wednesday to battle high inflation, focus will shift to how deeply signs of an economic slowdown have registered with its policymakers.
Fed rolls out biggest rate hike since 1994, flags slowing economy
The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that U.S. central bank officials acknowledged may be eroding public trust in their power, and being driven by events seen increasingly out of their hands.
BB heist: Slim chance to get back more money, says Muhith
Finance Minister AMA Muhith says there is hardly any chance to get back more money from the US$100 million hacked from the Bangladesh Bank's account with the Federal Reserve Bank of New York.
BB heist probe report will be made public: Muhith
The government will make public the probe report on the cyber heist of US$101 million from Bangladesh Bank’s account with New York’s Federal Reserve Bank.
CID finds 20 foreigners’ link in BB cyber heist
Bangladesh's Criminal Investigation Department (CID) claims they found 20 foreigners involved in cyber heist of US$ 101 million from Bangladesh Bank's Federal Reserve Bank account, says they have found proof of negligence by central bank staff.
Responses from NY banks were sluggish
The Bangladesh Bank was denied prompt responses from the intermediary banks and due diligence from the Federal Reserve Bank of New York, which would have raised the stakes of recovering a major chunk of the $81 million stolen by hackers.
Hackers steal $100m from BB account
Bangladesh Bank has identified the people involved in the hacking of around $100 million (Tk 780 crore) from its foreign currency account with the Federal Reserve Bank of New York, claim BB officials. Almost the entire amount was transferred online to the Philippines banking system and a small portion of it to Sri Lanka by suspected Chinese hackers on February 5, they said.