Government regulators on Wednesday hit Citigroup Inc. with $135.6 million in fines, saying the bank had run afoul of a 2020 order telling the company to tighten up its standards for managing risk and data quality.
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The Fed's worst nightmare is officially here:
Today's data confirms ALL 3 inflation metrics are back on the rise.
For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.
Did the Fed spark a new wave of inflation?
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