Podcast: Can the Fed land a ‘Goldilocks’ monetary policy landing?

The FDIC released the results of its annual survey of branch office deposits for all FDIC-insured institutions as of June 30, 2024. The Summary of Deposits provides deposit totals for each of the more than 76,000 domestic offices...

Three out of four major U.S. regions posted sales declines while the Midwest registered no change, according to the National Association of Realtors. Sales also fell 4.2% from the previous year, down from 4.03 million in August 2023.

While mortgage rates do not directly follow the Fed's moves, the first cut in over four years will have an effect on the housing market, Freddie Mac economists said.

As chief corporate responsibility officer for Webster Bank, Marissa Weidner works across the bank's footprints and business lines to help advance the bank's goals of financial empowerment.

The Federal Open Market Committee announced that it would lower the target range for the federal funds rate by 50 basis points to 4.75-5%.

The OCC released the second quarter 2024 mortgage metrics report, which showed that 97.3% of first-lien mortgages in the federal banking system were current and performing at the end of the quarter.