💥REMINDER:ECB INTEREST RATE DECISION TODAY 🇺🇸 08:15 AM.MARKET EXPECTATION: NO CHANGE! https://t.co/CyaUjngkvK ...

Turkey’s central bank is expected to make its first interest-rate cut since a political crisis in March, which caused policymakers to reverse an easing cycle https://t.co/JAJuMiRKAy ...

European Central Bank President Christine Lagarde will hold a press conference following the ECB's latest interest-rate decision on June 5. 0845 EST / 1345 BST / 1445 CEST #politics #europe #business #ecb ...

Three Things To Watch For At The Fed’s July Interest Rate Decision https://t.co/vme7LwCfAp https://t.co/vme7LwCfAp ...

Key Events This WeekTuesday:• Fed Chair Jerome Powell delivers his first public remarks since intensified speculation about his potential resignation.Thursday:• Weekly Initial Jobless Claims indicator.• ECB Interest Rate Decision.Buckle up for another big week ahead. ...

Markets still expect the Bank of England to cut the UK's key interest rate twice more by year-end. However, given that inflation is already very close to - and by some measures, already higher than - Bank rate, are they being overly dovish? https://t.co/yhYP0vFfWV ...

🚨 JUST IN: Fed rate cut odds surge to 63% for September amid rumors of Jerome Powell’s potential dismissal. https://t.co/T1UEnlHUxU ...

Core Viewpoint - Comerica Incorporated (CMA) is expected to report second-quarter 2025 results on July 18, with anticipated revenue growth but a decline in earnings compared to the previous year [1][2]. Financial Performance Expectations - The Zacks Consensus Estimate for second-quarter 2025 earnings is $1.23 per share, reflecting a 19.6% decline from the year-ago quarter [2][9]. - Revenue estimates for the same quarter are projected at $844.7 million, indicating a 2.5% increase year-over-year [2][9]. Loan and Net Interest Income (NII) Insights - The lending environment has been stable, with modest loan demand reported by the Federal Reserve [3]. - Average loans are expected to be higher than the first quarter of 2025, with average earning assets estimated at $70.4 billion, showing a marginal increase [4]. - The consensus estimate for NII is $576.5 million, reflecting a slight rise from the previous quarter's figure of $575 million [5]. Non-Interest Income and Market Activity - Global mergers and acquisitions activity improved in the second quarter, contributing positively to capital market fees, which are estimated at $32.8 million, a 5.9% sequential rise [6][8]. - The IPO market saw a resurgence, leading to increased capital raised and improved market sentiment [7]. Fee Income and Deposit Trends - Overall fee income is expected to grow by 3.7% to $263.5 million, driven by stronger capital markets and card-related revenues [11]. - Average deposits declined by 1% to $61.3 billion, with expectations of further declines impacting service charges on deposits, estimated at $47 million, a 2.1% increase from the prior quarter [10]. Expense and Asset Quality Considerations - Higher expenses are anticipated due to increased compensation costs and lower gains on real estate sales, with non-interest expenses projected to rise slightly from $584 million in the first quarter [12][13]. - The Zacks Consensus Estimate for non-performing loans is $308.5 million, indicating a 2.5% rise from the previous quarter [14]. Earnings Prediction Model - The likelihood of Comerica beating earnings estimates is low, with an Earnings ESP of -0.46% and a Zacks Rank of 3 [15].

So Bill, it was a race between the Kevins and it seems like one Kevin might reign supreme. Yeah, that's right. Treasury Secretary Scott Bessent saying that basically the formal process for picking the next Fed chair is underway.And it looks like from our reporting that Kevin Hassett, the head of the National Economic Council, is in that Paul position right now. He has been a long time trump economic aid, basically going back the better part of a decade. And his main competition looks to be Kevin Warsh, the ...

Inflation and Tariffs Impact - US inflation accelerated in June, with the consumer price index rising 27% year-over-year [1] - Bank of America warns that tariffs are being passed on to consumers [3] - Wells Fargo notes that the impact of tariffs on consumer spending is now visible [3] - Yale Budget Lab estimates Americans will face an average tariff rate of over 18%, potentially rising above 20% if August 1 tariffs take effect [9] - Consumer electronics and household furnishings prices are already rising substantially [11] - The Treasury collected $27 billion in customs revenue in June, up $20 billion from a year earlier [12] Federal Reserve and Interest Rates - The President suggests the Fed should lower interest rates immediately [4] - Treasury Secretary is reportedly seeking a replacement for Powell when his term ends in May 2026 [5] - The independence of the Fed is critical for financial stability [16] - Concerns exist that meddling with interest rates for short-term gains could destabilize the economy [25]