The Fed Has Stopped Predicting a Recession. Bankers Aren’t So Sure

Two economic surveys showed that the U.S. economy is continuing to suffer from high interest environment and is likely headed for a recession after the announcement of another Federal Reserve rate hike Wednesday, even as Federal Reserve economists have stopped forecasting that recession is on the horizon.

Business people under umbrella in rural field

Banks Without DIF Protection Turn to IntraFi

While the banking crisis has raised questions about whether the FDIC should guarantee higher deposit balances, some banks have already found ways to insure their customers’ deposits: the IntraFi Network and similar fintech solutions.