No Result
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\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The mix-up, fueled by fears of a systemic meltdown, sent shockwaves through Wall Street and prompted Republic First's CEO and President Thomas Geisel to issue a public plea clarifying the differences between the two institutions.<\/p>\n\n\n\n

The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

In March, investors were entangled in a case of mistaken identity<\/a>, resulting in a significant blow to Republic First. The lender's shares declined by over 30%, triggered by confusion with the troubled lender First Republic, the New York <\/em>Post reported.<\/p>\n\n\n\n

The mix-up, fueled by fears of a systemic meltdown, sent shockwaves through Wall Street and prompted Republic First's CEO and President Thomas Geisel to issue a public plea clarifying the differences between the two institutions.<\/p>\n\n\n\n

The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The fallout from Republic First's collapse reverberates through its 32 branches in New Jersey, Pennsylvania, and New York, set to reopen under the Fulton Bank banner. The bank's stock, once trading above $2, is at a fraction of a cent. Delisted from the Nasdaq and trading over the counter, Republic First's market capitalization has dropped below $2 million.<\/p>\n\n\n\n

In March, investors were entangled in a case of mistaken identity<\/a>, resulting in a significant blow to Republic First. The lender's shares declined by over 30%, triggered by confusion with the troubled lender First Republic, the New York <\/em>Post reported.<\/p>\n\n\n\n

The mix-up, fueled by fears of a systemic meltdown, sent shockwaves through Wall Street and prompted Republic First's CEO and President Thomas Geisel to issue a public plea clarifying the differences between the two institutions.<\/p>\n\n\n\n

The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Fallout From Republic First's Collapse<\/h2>\n\n\n\n

The fallout from Republic First's collapse reverberates through its 32 branches in New Jersey, Pennsylvania, and New York, set to reopen under the Fulton Bank banner. The bank's stock, once trading above $2, is at a fraction of a cent. Delisted from the Nasdaq and trading over the counter, Republic First's market capitalization has dropped below $2 million.<\/p>\n\n\n\n

In March, investors were entangled in a case of mistaken identity<\/a>, resulting in a significant blow to Republic First. The lender's shares declined by over 30%, triggered by confusion with the troubled lender First Republic, the New York <\/em>Post reported.<\/p>\n\n\n\n

The mix-up, fueled by fears of a systemic meltdown, sent shockwaves through Wall Street and prompted Republic First's CEO and President Thomas Geisel to issue a public plea clarifying the differences between the two institutions.<\/p>\n\n\n\n

The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>JP Morgan, PNC Race To Acquire Troubled First Republic Bank<\/a><\/p>\n\n\n\n

The Fallout From Republic First's Collapse<\/h2>\n\n\n\n

The fallout from Republic First's collapse reverberates through its 32 branches in New Jersey, Pennsylvania, and New York, set to reopen under the Fulton Bank banner. The bank's stock, once trading above $2, is at a fraction of a cent. Delisted from the Nasdaq and trading over the counter, Republic First's market capitalization has dropped below $2 million.<\/p>\n\n\n\n

In March, investors were entangled in a case of mistaken identity<\/a>, resulting in a significant blow to Republic First. The lender's shares declined by over 30%, triggered by confusion with the troubled lender First Republic, the New York <\/em>Post reported.<\/p>\n\n\n\n

The mix-up, fueled by fears of a systemic meltdown, sent shockwaves through Wall Street and prompted Republic First's CEO and President Thomas Geisel to issue a public plea clarifying the differences between the two institutions.<\/p>\n\n\n\n

The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Republic First, with $6 billion in assets and $4 billion in deposits, faced mounting pressure amid rising costs and stagnant profitability. Despite efforts to strike a deal with investors, including prominent figures like George Norcross and Philip Norcross, the bank's fortunes continued to decline. The collapse<\/a> of a proposed deal in February prompted the FDIC to resume seizure and sale efforts.<\/p>\n\n\n\n

See Related: <\/em><\/strong>JP Morgan, PNC Race To Acquire Troubled First Republic Bank<\/a><\/p>\n\n\n\n

The Fallout From Republic First's Collapse<\/h2>\n\n\n\n

The fallout from Republic First's collapse reverberates through its 32 branches in New Jersey, Pennsylvania, and New York, set to reopen under the Fulton Bank banner. The bank's stock, once trading above $2, is at a fraction of a cent. Delisted from the Nasdaq and trading over the counter, Republic First's market capitalization has dropped below $2 million.<\/p>\n\n\n\n

In March, investors were entangled in a case of mistaken identity<\/a>, resulting in a significant blow to Republic First. The lender's shares declined by over 30%, triggered by confusion with the troubled lender First Republic, the New York <\/em>Post reported.<\/p>\n\n\n\n

The mix-up, fueled by fears of a systemic meltdown, sent shockwaves through Wall Street and prompted Republic First's CEO and President Thomas Geisel to issue a public plea clarifying the differences between the two institutions.<\/p>\n\n\n\n

The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Federal Deposit Insurance Corp (FDIC) has facilitated the sale of Republic First Bank to Fulton Bank, according to a report by Reuters<\/em>. Despite abandoning funding talks, the Philadelphia-based bank was seized by the Pennsylvania Department of Banking and Securities.<\/p>\n\n\n\n

Republic First, with $6 billion in assets and $4 billion in deposits, faced mounting pressure amid rising costs and stagnant profitability. Despite efforts to strike a deal with investors, including prominent figures like George Norcross and Philip Norcross, the bank's fortunes continued to decline. The collapse<\/a> of a proposed deal in February prompted the FDIC to resume seizure and sale efforts.<\/p>\n\n\n\n

See Related: <\/em><\/strong>JP Morgan, PNC Race To Acquire Troubled First Republic Bank<\/a><\/p>\n\n\n\n

The Fallout From Republic First's Collapse<\/h2>\n\n\n\n

The fallout from Republic First's collapse reverberates through its 32 branches in New Jersey, Pennsylvania, and New York, set to reopen under the Fulton Bank banner. The bank's stock, once trading above $2, is at a fraction of a cent. Delisted from the Nasdaq and trading over the counter, Republic First's market capitalization has dropped below $2 million.<\/p>\n\n\n\n

In March, investors were entangled in a case of mistaken identity<\/a>, resulting in a significant blow to Republic First. The lender's shares declined by over 30%, triggered by confusion with the troubled lender First Republic, the New York <\/em>Post reported.<\/p>\n\n\n\n

The mix-up, fueled by fears of a systemic meltdown, sent shockwaves through Wall Street and prompted Republic First's CEO and President Thomas Geisel to issue a public plea clarifying the differences between the two institutions.<\/p>\n\n\n\n

The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Federal Reserve Interest Rates<\/h2>\n\n\n\n

Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 6 7 8 9 10 … 27

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • Republic First's 32 branches in New Jersey, Pennsylvania, and New York will reopen under the Fulton Bank brand.<\/li>\n<\/ul>\n\n\n\n

    The Federal Deposit Insurance Corp (FDIC) has facilitated the sale of Republic First Bank to Fulton Bank, according to a report by Reuters<\/em>. Despite abandoning funding talks, the Philadelphia-based bank was seized by the Pennsylvania Department of Banking and Securities.<\/p>\n\n\n\n

    Republic First, with $6 billion in assets and $4 billion in deposits, faced mounting pressure amid rising costs and stagnant profitability. Despite efforts to strike a deal with investors, including prominent figures like George Norcross and Philip Norcross, the bank's fortunes continued to decline. The collapse<\/a> of a proposed deal in February prompted the FDIC to resume seizure and sale efforts.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>JP Morgan, PNC Race To Acquire Troubled First Republic Bank<\/a><\/p>\n\n\n\n

    The Fallout From Republic First's Collapse<\/h2>\n\n\n\n

    The fallout from Republic First's collapse reverberates through its 32 branches in New Jersey, Pennsylvania, and New York, set to reopen under the Fulton Bank banner. The bank's stock, once trading above $2, is at a fraction of a cent. Delisted from the Nasdaq and trading over the counter, Republic First's market capitalization has dropped below $2 million.<\/p>\n\n\n\n

    In March, investors were entangled in a case of mistaken identity<\/a>, resulting in a significant blow to Republic First. The lender's shares declined by over 30%, triggered by confusion with the troubled lender First Republic, the New York <\/em>Post reported.<\/p>\n\n\n\n

    The mix-up, fueled by fears of a systemic meltdown, sent shockwaves through Wall Street and prompted Republic First's CEO and President Thomas Geisel to issue a public plea clarifying the differences between the two institutions.<\/p>\n\n\n\n

    The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

    Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n

    One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

    Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

    Federal Reserve Interest Rates<\/h2>\n\n\n\n

    Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

    However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

    This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 … 6 7 8 9 10 … 27

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • The Federal Deposit Insurance Corporation facilitated Republic First's sale to safeguard depositors.<\/li>\n\n\n\n
  • Republic First's 32 branches in New Jersey, Pennsylvania, and New York will reopen under the Fulton Bank brand.<\/li>\n<\/ul>\n\n\n\n

    The Federal Deposit Insurance Corp (FDIC) has facilitated the sale of Republic First Bank to Fulton Bank, according to a report by Reuters<\/em>. Despite abandoning funding talks, the Philadelphia-based bank was seized by the Pennsylvania Department of Banking and Securities.<\/p>\n\n\n\n

    Republic First, with $6 billion in assets and $4 billion in deposits, faced mounting pressure amid rising costs and stagnant profitability. Despite efforts to strike a deal with investors, including prominent figures like George Norcross and Philip Norcross, the bank's fortunes continued to decline. The collapse<\/a> of a proposed deal in February prompted the FDIC to resume seizure and sale efforts.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>JP Morgan, PNC Race To Acquire Troubled First Republic Bank<\/a><\/p>\n\n\n\n

    The Fallout From Republic First's Collapse<\/h2>\n\n\n\n

    The fallout from Republic First's collapse reverberates through its 32 branches in New Jersey, Pennsylvania, and New York, set to reopen under the Fulton Bank banner. The bank's stock, once trading above $2, is at a fraction of a cent. Delisted from the Nasdaq and trading over the counter, Republic First's market capitalization has dropped below $2 million.<\/p>\n\n\n\n

    In March, investors were entangled in a case of mistaken identity<\/a>, resulting in a significant blow to Republic First. The lender's shares declined by over 30%, triggered by confusion with the troubled lender First Republic, the New York <\/em>Post reported.<\/p>\n\n\n\n

    The mix-up, fueled by fears of a systemic meltdown, sent shockwaves through Wall Street and prompted Republic First's CEO and President Thomas Geisel to issue a public plea clarifying the differences between the two institutions.<\/p>\n\n\n\n

    The confusion happened due to the similarities in names between Republic First Bancorp and First Republic. While Republic First operates from Pennsylvania, First Republic is headquartered in San Francisco.<\/p>\n","post_title":"Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"troubled-lender-republic-first-sold-by-authorities-to-fulton-bank-report","to_ping":"","pinged":"","post_modified":"2024-05-24 19:24:36","post_modified_gmt":"2024-05-24 09:24:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16620","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16908,"post_author":"14","post_date":"2024-05-19 23:56:24","post_date_gmt":"2024-05-19 13:56:24","post_content":"\n

    Federal Reserve Chair Jerome Powell said this Tuesday that the US Central Bank is expected to maintain its benchmark lending rate at an elevated level for an extended duration. From March 2022 to July 2023, the Federal Reserve raised interest rates by 525 basis points to curb inflation and since then, it has held rates steady, with its most recent decision to pause occurring earlier this month.<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n

    One of the reasons behind Federal Reserve Chair Jerome Powell's statement is the fact that the latest data that was published this week showed that the US producer price index rose 0.5% in April following a downwardly revised 0.1% decline in March, beating the 0.3% gain expected in a survey compiled by Bloomberg. PPI was up 2.2% year-over-year in April, while core PPI rose by 2.4% year-over-year, both surpassing their March rates of 1.8% and 2.1%<\/p>\n\n\n\n

    Federal Reserve Chair Jerome Powell also added that policymakers aren't anticipating further interest rate hikes beyond current levels, yet he cautioned that achieving the 2% target will be a challenging journey with bumps along the way. Tom Porcelli, chief economist at PGIM Fixed Income, suggests that if the Federal Reserve refrains from reducing interest rates this year, it is probable that they will implement five to six rate cuts in 2025.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further Improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

    Federal Reserve Interest Rates<\/h2>\n\n\n\n

    Even amidst reports of persistent inflation and fears of prolonged higher interest rates by the Federal Reserve, stocks have remained relatively stable in recent weeks. Wall Street strategists credit this resilience to an unexpectedly robust set of first-quarter earnings. Robust earnings growth has fueled the US stocks and positive Q1 earnings results provide further support to the ongoing bullish view, even as we navigate the Fed and underlying economic conditions.<\/p>\n\n\n\n

    However, some analysts believe the U.S. economy is starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n\n\n\n

    This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices. Investors are currently trying to balance this two-sided narrative: the U.S. economic situation, which still remains resilient, and at the same time the inflation picture, and interest rates, which will eventually be problematic for the stock market.<\/p>\n","post_title":"The Federal Reserve Is Expected To Maintain Its Benchmark Lending Rate At An Elevated Level For An Extended Duration","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-federal-reserve-is-expected-to-maintain-its-benchmark-lending-rate-at-an-elevated-level-for-an-extended-duration","to_ping":"","pinged":"","post_modified":"2024-05-19 23:56:29","post_modified_gmt":"2024-05-19 13:56:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 … 6 7 8 9 10 … 27

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n