Economists Have Predictions for 2025, But How Accurate Are They?
Key Takeaways A St. Louis Federal Reserve report released this week shows that the economy often veers from the path laid out by forecasters at the beginning of the year. In the past, forecasts for gross domestic product can be…
The Fed Should Stop Paying Interest on Reserves
Elon Musk and Vivek Ramaswamy are right to spotlight excessive spending at the Federal Reserve, but their focus on the $5 billion annual cost of the system’s 24,500 employees misses the principal opportunity for savings. The approximately $180 billion in interest on reserves…
What does 2025 hold for interest rates, inflation and the American consumer? • Utah News Dispatch
Brian Blank is a finance scholar and Fed watcher who researches how companies navigate downturns and make financial decisions, as well as how markets process information. Brandy Hadley is a finance professor who leads a student-managed investment fund and studies…
Dime Receives “Outstanding” Rating on Community
HAUPPAUGE, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company”), the parent company of Dime Community Bank (the “Bank” or “Dime”) announced today that Dime recently received an overall “Outstanding” Community Reinvestment Act (“CRA”)…
Dime Community Bancshares Earns Elite ‘Outstanding’ Federal Reserve CRA Rating for Community Impact
Dime Community Bancshares (NASDAQ: DCOM) has received an ‘Outstanding’ Community Reinvestment Act (CRA) rating from the Federal Reserve Bank of New York, achieving the highest possible score across all three evaluation components: Lending Test, Investment…
Dime Receives “Outstanding” Rating on Community Reinvestment Act Exam from Federal Reserve Bank of New York
HAUPPAUGE, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company”), the parent company of Dime Community Bank (the “Bank” or “Dime”) announced today that Dime recently received an overall “Outstanding” Community Reinvestment Act (“CRA”)…
Oil and gas activity edges higher as outlooks brighten
Fourth Quarter | January 2, 2025 Oil and gas activity edges higher as outlooks brighten What’s New This Quarter Special questions this quarter focus on capital spending in 2025, the oil price firms use for budgeting, changes to 2025 investment…
Federal Reserve confirms problems that could complicate payments to millions of retirees
Social Security recipients, particularly retirees, might feel like they’re not getting a “raise to the occasion” after the latest cost-of-living adjustment (COLA) announcement. Looking ahead, the Federal Reserve has hinted at slimmer payouts, leaving pensioners to “tighten their belts” with…
Inflation stress and concern remain elevated despite stabilizing prices
Anthony Murphy and Isha Parmar Despite consumer price inflation falling considerably since peaking in 2022, household inflation-related stress and concern remain elevated, having dropped only slightly. Although most economists and policymakers tend to focus on the decline in inflation (the…
Is the Federal Reserve Flip-Flopping Or Not?
This article was written by Follow John M. Mason writes on current monetary and financial events. He is the founder and CEO of New Finance, LLC. Dr. Mason has been President and CEO of two publicly traded financial institutions and…