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AG UPDATE
OCTOBER 29, 2024 | AG BANKING
The next Fed meeting is November 7. As of October 24th, the CME Fed Watch tool predicts a 95% chance of a 25 bps reduction in the fed funds rate and a 71% chance of another 25 bps decrease in December...
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OCTOBER 15, 2024 | AG BANKING
It appears the the Fed may well achieve the “soft landing” that everyone has hoped for. In late July, Fed focus shifted to a worsening jobs market as inflation was steadily declining. This resulted in...
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SEPTEMBER 26, 2024 | FRAUD PREVENTION
Recently, we have seen an uptick in customers thinking they are working with Amazon, but unfortunately, they are not. Scammers are becoming increasingly sophisticated, and it's essential to be vigilan...
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SEPTEMBER 16, 2024 | AG BANKING
Odds favor the Fed reducing their discount rate by 25 bps September 18th. While some economists believe a 50 bps drop is the right tweak to feather into a soft landing, most think the Fed fears such a...
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AUGUST 29, 2024 | AG BANKING
The July CPI and PPI figures were in line to slightly below market expectations. This did not have a major impact on the interest rate market. Markets have shifted their focus from inflation to the jo...
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