Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

The Federal Reserve Board has announced the termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

According to FXStreet, the Federal Reserve is expected to keep interest rates unchanged, but there is a significant risk of another 25 bps hike. The upcoming jobs report and Consumer Price Index (CPI) data could influence the decision.

The Federal Reserve Board's announcement regarding United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp. was reported by the Federal Reserve Board.

Brief written by urgent.news from Federal Reserve Board, FXStreet, Reserve Bank of India — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.