Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, the cheapest state rates range from 6.72% to 6.87%. https://t.co/fl2SirKci9 ...

Thanks so much, Morgan. Yes, we are pleased to bring in San Francisco Fair President Mary Daly. Uh, President Daly, thank you so much for joining us.My complete pleasure. Thank you. Well, great.Let's start off with um this issue of inflation versus employment and where you stand on the conflict or the contrast or the tension between both sides of the mandate given the tariffs that are coming and what you have seen in the employment data. So right now I see that things are in good pretty good balance. We hav ...

The President of the Swiss National Bank said the strong Swiss franc was one factor influencing the SNB's decision to cut its interest rate to zero. Martin Schlegel also said that Switzerland was ready to intervene in the FX market if necessary. Schlegel spoke with Bloomberg’s Bastian Benrath in Zurich. 00:00 - SNB interest rate decision 00:58 - Swiss franc, currency 01:52 - Oil prices, inflation, effect on economy, intervention in FX market, monetary policy 04:55 - Tariffs, trade, impact on Swiss economy 0 ...

机构：英国通胀数据不太可能影响英国央行利率决定 金十数据6月18日讯，Capital.com分析师Daniela Hathorn在一份报告中说，英国最新的通胀数据不太可能 影响英国央行恢复降息。英国5月CPI年率从4月的3.5%温和放缓至3.4%。虽然不是灾难性的，但对于那 些希望出现更强劲的通胀回落趋势的人来说，这些数据并没有给他们留下深刻印象。市场普遍预计英国 央行将在周四的利率决定中维持利率在4.25%不变。 ...

+1-212-816-0325 andrew.hollenhorst@citi.com V i e w p o i n t | 13 Jun 2025 16:28:31 ET │ 21 pages US Economics Weekly Dovish developments CITI'S TAKE Upside risks to inflation are reduced after May inflation data showed no impact from tariffs on goods prices (yet) and services prices that have slowed further. Meanwhile, the rise in continuing jobless claims suggests that the labor market is loosening despite last week's 139k new jobs and still-low 4.2% unemployment rate. These developments likely will cast ...

Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, the cheapest state rates range from 6.75% to 6.87%. https://t.co/ygJ8SS1PDe ...

The Fed's latest round of projections released Wednesday will include the muchstudied dot plot. It's a chart updated quarterly that shows each Fed officials prediction about the direction of the central bank's benchmark interest rate. Our next guest, however, is in the camp of no cuts from the Fed for the remainder of the year.We got Kenny Pulcari here, a Slatestone Wealth chief market strategist and host of the Yahoo Finance podcast, Trader Talk. So, each one of those little dots represents a member of the ...

Core Insights - Bank of America (BAC) is highly sensitive to interest rate changes, benefiting from a 100 basis point rate cut by the Federal Reserve last year, which positively impacted its net interest income (NII) [1] - The company anticipates a sequential rise in NII for all quarters in 2025, with expectations of reaching $15.5-$15.7 billion in Q4 2025, driven by strong loan demand and higher interest rates [3][8] - The bank's aggressive branch expansion strategy aims to enhance customer relationships and tap into new markets, with plans to open over 150 financial centers by 2027 [7][9] Net Interest Income (NII) Outlook - NII is expected to rise 6-7% in 2025, supported by solid loan demand, robust deposit balances, and a stable economic environment [2][3] - The company projects NII growth to accelerate in the second half of 2025, with a target of $15.7 billion in Q4 [3][8] Investment Banking (IB) Performance - The investment banking sector has faced challenges, with IB fees declining over 20% in Q2 2025 due to tariff-related uncertainties affecting deal-making [14][17] - Despite a significant drop in IB fees in previous years, there was a 31.4% year-over-year increase in 2024, indicating potential recovery [14][15] Asset Quality Concerns - Bank of America has experienced a deterioration in asset quality, with provisions increasing significantly over the past few years due to a challenging macroeconomic outlook [19][20] - The company remains cautious about the impact of high interest rates on borrowers' credit profiles, which may further affect asset quality [20] Shareholder Returns and Valuation - The company has increased its quarterly dividend by 8% to 26 cents per share and has a payout ratio of 31% of earnings, reflecting a commitment to returning value to shareholders [12] - Bank of America stock is currently trading at a price-to-tangible book (P/TB) ratio of 1.66X, which is below the industry average of 2.83X, indicating it may be undervalued [24][26] Analyst Sentiment - Analysts have a positive outlook for Bank of America, with earnings estimates for 2025 and 2026 indicating growth of 12.2% and 15.6%, respectively [21][22] - The stock has outperformed the S&P 500 Index over the past three months, gaining 6.4% [27][30]

One way or another, you have to bring debt the deficit not only in the United States but other places but I'm focusing on the United States down to from a supply demand point of view down to about 3%. So that's the 3% of GDP that that's an amount that the market I think can digest. Um it will um affect also the supply demand.There are when I say three parts I think when we think of budgets we think of taxes and spending um but also interest has a huge effect. um a 1% change in the interest rate, 100 basis p ...

All right, let's talk markets. Ahead of a big week, investors paying close attention to fighting between Israel and Iran as well as the Fed. The central bank's going to be issuing its latest interest rate decision on Wednesday.And right now, we want to bring in Lori Calvacina. She is head of US equity strategy at RBC Capital Markets. And Lori, we thought we had a little bit of idea of how the markets were headed.We've been looking at inflation coming down. We thought maybe that was going to help the Fed get ...