S&P: U.S. Banks Will Still ‘Perform Well’ Amid Slow Economy
S&P Global Ratings is expecting that American banks will still perform well this year and build capital as they face a slowed economy and tighter regulatory landscape in 2024.
Credit Rating Agency Sounds Warning On Mass. Coastal Exposure
The threat coastal flooding poses to property values and property taxes could ding the state’s credit rating in future years, a ratings agency warned this week.
Rosengren Sketches Dire Picture of Economy
The unemployment rate will likely rise at least as high as it did in the wake of the 2008 financial crisis and the country’s GDP appears on track for two quarters of negative growth as the coronavirus pandemic continues to take its toll, the head of the Federal Reserve Bank of Boston said Wednesday.
