The decision is part of a new approach to monetary policy similar to that of the Federal Reserve
Higher inflation could prove more persistent than the U.S. central bank previously indicated
The charges included hurting clients by giving misleading information and allowing risky trades
The banks can resume paying out dividends to investors and buying back stock
The coming year could prove to be the strongest for the U.S. economy in decades, say economists
Several banks will require documented proof or declaration of vaccination
The Federal Reserve may act sooner than planned to start dialing back low-interest rate policies
The U.S. saw inflation rise by 5% over the last 12 months, the biggest jump since 2008
Investors continue to pile in to meme stocks, including AMC and Clover Health
The central bank can help assess risks, but Fed chair Jerome Powell said the private sector, elected officials must take the lead
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