The Federal Reserve kept its benchmark interest rate unchanged at 4.25% to 4.50%, signaling a wait-and-see approach amid strong economic growth and moderating inflation. Fed Chair Jerome Powell emphasized that policymakers are "not on any preset course," reinforcing the central bank's cautious stance on future rate cuts. read more

JAN 30, 2025 - 5:55 am

The Wall Street Journal reported that Federal Reserve officials are signaling a pause in interest rate cuts, citing uncertainties surrounding inflation and potential tariff increases under President-elect Trump, according to minutes from the central bank’s December policy meeting. read more

JAN 9, 2025 - 6:18 am

The Federal Reserve announced a modest rate cut but signaled a more cautious approach to future reductions, projecting only two cuts in 2025 instead of the four previously anticipated. Chair Jerome Powell emphasized the need to balance inflationary pressures with economic stability. read more

DEC 20, 2024 - 5:45 am

Persistent inflation continues to influence the Fed’s decision making in 2024, amidst ongoing moderation in overall economic and labor conditions. These factors create a complex and mixed outlook for commercial real estate assets, according to Cushman & Wakefield. read more

JUN 21, 2024 - 6:22 am

Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. read more

JUN 13, 2024 - 6:15 am

Stearns Financial Services (SFSI) has received approval from the Federal Reserve for the acquisition of one of its affiliate locations, Stearns Bank Holdingford, by Canada-based VersaBank. read more

JUN 11, 2024 - 6:33 am

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, received regulatory approval from the Federal Reserve to complete their previously announced merger. read more

APR 12, 2024 - 6:20 am

According to the Federal Reserve’s November Beige Book report, there has been a slowdown in overall economic activity over the last month, with expectations “diminished” for the next six to 12 months. read more

DEC 1, 2023 - 7:00 am

The Federal Reserve announced on Thursday stated that it will maintain the target range for the federal funds rate between 5.25% and 5.5%. The Fed made a similar decision in September, pausing its run of hikes aimed at curbing rising inflation that began in March 2022. read more

NOV 3, 2023 - 7:06 am

The Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of Banc of California and PacWest and their respective bank subsidiaries. read more

OCT 20, 2023 - 6:30 am

The Federal Reserve released its October Beige Book, while little to no change in overall economic activity was reported month over month, banks reported weaker loan demand as prices continued to increase. read more

OCT 20, 2023 - 6:10 am

On Wednesday, the Federal Reserve announced that it will raise the target range for the federal funds rate to between 5.25% and 5.5%, marking a quarter point increase and its fourth such move of 2023 following a pause in June.  read more

JUL 27, 2023 - 6:59 am

According to Capstone Partners’ recently released Q1/23 Capital Market Update, total middle-market merger and acquisition volume declined 14.3% year over year in Q1/23. However, middle-market deal volume continued to outperform the broader M&A market. read more

JUN 22, 2023 - 6:52 am

The Federal Reserve announced on Wednesday that it will maintain the target range for the federal funds rate at 5% to 5.25%, noting that economic activity and job gains have expanded since it last raised rates in early May. read more

JUN 15, 2023 - 6:04 am

The Federal Reserve announced that it will raise the target range for the federal funds rate to between 5% and 5.25% on Wednesday, marking a quarter point increase and its third such move of 2023 and 10th since it began its efforts to curb rising inflation last March. read more

MAY 4, 2023 - 7:14 am