UMB Bank’s Post

𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗥𝗮𝘁𝗲 𝗖𝘂𝘁𝘀 𝗜𝗻𝗰𝗼𝗺𝗶𝗻𝗴 𝗯𝘂𝘁 𝗡𝗼𝘁 𝗝𝘂𝘀𝘁 𝗬𝗲𝘁, 𝗦𝗮𝘆𝘀 𝗙𝗲𝗱 𝗖𝗵𝗮𝗶𝗿 According to Federal Reserve Chair Jerome Powell, the time is nearing when interest rates will decrease. However, Americans need to wait just a little bit longer as the central bank wrestles with inflation. While the U.S. economy is robust and interest rate reductions are seemingly on the horizon, such a move is not expected this March, contrary to previous Wall Street predictions. Read the full story > https://lnkd.in/gbFNsCYC #FederalReserve #interestrates #economy #RetailWire

Fed reports a record loss for 2023 amid surge in interest expenses. Rising income expenses pushed the Federal Reserve system deep into a record loss last year, the central bank said in preliminary figures released on Friday. Fed income after expenses came in at a negative $114.3 billion last year, versus $58.8 billion in positive income the year before. The loss was tied to a jump in interest expenses faced by the central bank amid a rate hike campaign aimed at cooling inflation... Learn more here 👇 https://ow.ly/rXiR50QqUIz #InterestExpense #Pennsylvania #FED #Incomeafterexpense

On Wall Street, interest rate cuts have recently become less a question of if, but rather, when. Join Tejas Gosai's 2024 RE Forecast on 01/05/24 here: https://lnkd.in/efMwcc28 The shift came last week after all but two of 19 Federal Reserve officials predicted the central bank would cut interest rates at least once in the coming year, Read more 👇 https://lnkd.in/dNmZ5_DS #InterestRate #Inflation #Investors #Economy

On Wall Street, interest rate cuts have recently become less a question of if, but rather, when. Join Tejas Gosai's 2024 RE Forecast on 01/05/24 here: https://lnkd.in/dG7ec9dm The shift came last week after all but two of 19 Federal Reserve officials predicted the central bank would cut interest rates at least once in the coming year, Read more 👇 https://lnkd.in/d5c3gsT5 #InterestRate #Inflation #Investors #Economy

On Wall Street, interest rate cuts have recently become less a question of if, but rather, when. Join Tejas Gosai's 2024 RE Forecast on 01/05/24 here: https://lnkd.in/dG7ec9dm The shift came last week after all but two of 19 Federal Reserve officials predicted the central bank would cut interest rates at least once in the coming year, Read more 👇 https://lnkd.in/d5c3gsT5 #InterestRate #Inflation #Investors #Economy

From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers. The Fed is widely expected to do so this year—probably several times. Inflation, as measured by its preferred gauge, rose in the second half of 2023 at an annual rate of about 2%—the Fed’s target level. Yet this week, several central bank officials underscored that they weren’t ready to pull the trigger just yet. Read more here 👇 https://lnkd.in/eZDf9HiB Join Tejas' 2024 Real Estate Forecast webinar today. Click the link to save a spot: https://shorturl.at/cgoO2 #MultiFamilyRealEstate #InvestmentStrategy #FederalReserve #RealEstateMasterclass

The Federal Reserve signaled Wednesday it would lower interest rates three times this year, consistent with its previous December projection. Fed officials see the fed funds rate peaking at 4.6% in 2024. That suggests the Fed will cut rates by 0.75%. The Fed has moved in 25-basis-point increments over the last year or so, indicating the central bank expects to cut interest rates three times in 2024. Here's what the Fed's critical 'dot plot' told us... Yahoo Finance #federalreserve #fed #powell #interestrates #inflation #business #finance

From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers. The Fed is widely expected to do so this year—probably several times. Inflation, as measured by its preferred gauge, rose in the second half of 2023 at an annual rate of about 2%—the Fed’s target level. Yet this week, several central bank officials underscored that they weren’t ready to pull the trigger just yet. Read more here 👇 https://lnkd.in/dUfCSHzG Join Tejas' 2024 Real Estate Forecast webinar today. Click the link to save a spot: https://shorturl.at/cgoO2 #MultiFamilyRealEstate #InvestmentStrategy #FederalReserve #RealEstateMasterclass

From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers. The Fed is widely expected to do so this year—probably several times. Inflation, as measured by its preferred gauge, rose in the second half of 2023 at an annual rate of about 2%—the Fed’s target level. Yet this week, several central bank officials underscored that they weren’t ready to pull the trigger just yet. Read more here 👇 https://lnkd.in/e8r4NXhA Join Tejas' 2024 Real Estate Forecast webinar today. Click the link to save a spot: https://shorturl.at/cgoO2 #MultiFamilyRealEstate #InvestmentStrategy #FederalReserve #RealEstateMasterclass

"The Federal Reserve kept interest rates unchanged in a range of 5.25%-5.5% at its final meeting of the year on Wednesday. Central bank officials also predicted rate cuts to come, with interest rates expected to tick down to 4.6% next year. Along with its policy announcement, the Fed released updated economic forecasts in its Summary of Economic Projections (SEP), including its 'dot plot,' which maps out policymakers' expectations for where interest rates could be headed in the future. Fed officials see the fed funds rate peaking at 4.6% in 2024, down from the Fed's previous September projection of 5.1%. That suggests the Fed will cut rates by 0.75% next year." #federalreserve #finance #equipmentfinance #equipmentleasing #corporatefinance #financialservices #interestrates https://lnkd.in/gut-wkds