Fed signals end of rate hikes and projects cuts in 2024
The Federal Reserve signaled at its meeting on Wednesday that it is done raising its policy rate and is poised to reduce it by 75 basis points next year to support the expanding economy.
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Major regulatory change on the horizon for financial institutions
Major regulatory change is on the horizon for financial institutions, including new liquidity and capital requirement rules.
Resilient U.S. economy grows 4.9% in third quarter
A resilient American economy continued to defy expectations by growing at a 4.9% pace in the third quarter because of one-time factors inside the consumption channel and because of sustained gains in U.S. labor dynamics and modest real income gains.
Falling jobless claims, existing home sales offer mixed economic picture
The mixed signals from Thursday's data on initial jobless claims and existing home sales added to an economic picture that resembles a soft landing.