Comerica Bank Chief Economist Robert Dye joins the ABA Banking Journal Podcast for a brief conversation on the economic outlook for the remainder of 2019 and beyond.
The Federal Reserve today did not object to the capital plans of 18 large banks participating in the Comprehensive Capital Analysis and Review.
ABA’s Economic Advisory Committee—which is made up of 16 chief economists from some of the nation’s largest banks—today forecast that economic growth will continue through 2020 at an estimated rate of 2 percent.
New orders for manufactured durable goods decreased 1.3% in May to $243.4 billion, following a…
The Basel Committee today announced that it will revise the leverage ratio treatment of client cleared derivatives to align it with the standardized approach to measuring counterparty credit risk exposures, or SA-CCR.
The Conference Board Consumer Confidence Index decreased 9.8 points to 121.5 in June. The Present…
With economic uncertainties mounting—including concerns over trade policy and slowing global growth—Federal Reserve Chairman Jerome Powell today cautioned that “monetary policy should not overreact to any individual data point or short-term swing in sentiment.”
The largest U.S. banks collectively showed that they can withstand a severe economic downturn and continued to improve their capital positions, according to the results of Dodd-Frank Act-mandated stress tests the Federal Reserve released today.