Jay Powell just made 2024 more of a puzzle for regional banks

Federal Reserve Chair Jay Powell is making the rest of 2024 more complicated for regional banks. This past week 12 of the nation's best-known midsize lenders reported sizable drops in first quarter profits thanks largely to the effect elevated interest rates are having on their operations. Many of…#federalreservechair #jaypowell #takeusbancorp #minneapolis #usbancorp #andycecere #pittsburgh #pnc #billdemchak #firsthorizon
Source: Reuters: Health - Category: Consumer Health News Source Type: news