Bank of America Corp. Chief Executive Officer Brian Moynihan said his firm’s strategists are still expecting a soft landing for the US economy rather than a recession, a prediction spurred by continued strength in consumer spending.
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Fed’s Kashkari Says One More Hike Needed Even With Soft LandingFederal Reserve Bank of Minneapolis President Neel Kashkari said he sees a 60% chance the US central bank can bring inflation down to its 2% target without causing severe damage to the economy.
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Bank of England delays final Basel bank capital rules to July 2025Market News
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Bank of England delays final Basel bank capital rules to July 2025By Huw Jones LONDON (Reuters) -The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg of ...
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Opinion: A soft landing may still be within reach for the Canadian economyStable supply chains and robust employment will help create the much-desired soft landing, but how the central bank reacts to commodity prices may determine how soft - or hard - it will be
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Bank Deposits Drop Year-Over-Year for First Time Ever, S&P SaysThe US banking industry’s total deposits declined year-over-year for the first time in data going back to 1994 following a tumultuous period for the banking sector.
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