Category: Banking

In the world of economics, few events capture attention like the Fed's biggest interest rate call in years happens Wednesday. This pivotal meeting has the power to influence borrowing costs, the stock market, and everyday life for millions of Americans. All …Read more  »

Imagine walking down the aisles of your local grocery store and noticing that your favorite items are no longer as expensive as they were a year ago. This scenario seems closer to reality as inflation trends in 2024 suggest a positive turn …Read more  »

As we stand on the cusp of a significant change in the economic landscape, the question reverberating across financial newsrooms, households, and boardrooms is, What to Expect from the Fed's First Rate Cut in Four Years? With the Federal Reserve expected …Read more  »

The financial world is abuzz with anticipation as two of the leading financial institutions, Citigroup Inc. and JPMorgan Chase & Co., have revised their forecasts for the Federal Reserve's interest-rate cuts. The revisions come in the wake of robust employment …Read more  »

Inflation in the United States has reached a 3-year low, marking a significant milestone in the post-pandemic recovery. As the Federal Reserve approaches a pivotal decision to cut interest rates, many are left wondering what this means for the economy and …Read more  »

Remember the Great Recession? Yeah, not the best of times. The stock market crashed, people lost jobs and homes, and everyone was worried about the future. It felt like the world was ending, right? But just how long did it take …Read more  »

The onset of a recession in the United States is officially determined by the National Bureau of Economic Research (NBER), which defines a recession as "a significant decline in economic activity spread across the economy, lasting more than two quarters …Read more  »

When we talk about the US in economic crisis, it conjures images of high unemployment rates, shrinking GDP, and families struggling to make ends meet. It's a daunting term that holds a lot of weight. Yet, while everything may seem dire, …Read more  »

The U.S. economy continues to demonstrate its resilience, as evidenced by the robust GDP growth in Q2 2024. However, a closer look reveals emerging signs of cooling within the labor market, a trend that will likely shape the economic outlook …Read more  »