Ambac Financial Group, Inc. is a holding company which provides financial guarantees and other financial services to clients in both the public and private sectors globally, through its subsidiaries. It provides financial guarantee insurance and other credit enhancement products, such as credit derivatives, financial and investment products, including investment agreements, derivative products and funding conduits. Ambac Financial Group, Inc. is headquartered in New York City, United States....
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Fed Chair Jerome Powell increases the neutral interest rate to a range of 1.5% to 1.75% in his debut post-FOMC press conference. The Federal Reserve raises