Interest Rates, Economic Slowdown On Bankers’ Minds In 2019

A steady uptick in interest rates to keep the economy on a normalized pace has bankers closely watching moves by the Federal Reserve Bank.

With four fed fund rate hikes in 2018, banking regulators have hinted that more may be on the way in the second half of 2019, according to many observers. Federal officials are doing their part to balance better-than-expected GDP growth, low unemployment, and inflationary pressures against a slowing national housing market and concerns of a worldwide economic downturn. Financial institutions have had consistently strong earnings growth, especially in the last two years, thanks to regulatory relief and a stimulus from corporate tax cuts that have helped bottom line growth.    MORE

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