US Bancorp raises its dividend by 56%

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For the Fed it’s business as usual with interest rates on Tuesday, but big news on bank dividend increases on Thursday

The U.S. Federal Reserve will make big headlines this week—just not at tomorrow’s (March 13) meeting of its Open Market Committee. The Fed body that sets short-term interest rates is expected to leave rates just where they are at its meeting. Thursday, however, is the day the Fed is scheduled to announce which of the country’s big banks will be cleared to raise their dividend