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Executives from PNC, Regions and M&T are expressing confidence that their loan books can withstand a recession. "We don't see crisis-type things in front of us right now," said PNC Chief Financial Officer Robert Reilly.
November 3 -
The American Bankers Association’s credit conditions index fell sharply, as economists foresaw dampening loan demand. The weaker outlook lines up with major bank CEOs’ increased worries over a possible recession.
June 9 -
An American Bankers Association panel of experts predicted much slower economic growth, but agreed that the U.S. economy will avoid a recession over the next couple of years.
June 3 -
In a recent survey, just over half of community bankers expressed concern that the central bank will harm the U.S. economy by raising rates too fast in its quest to contain inflation.
April 28 -
Although small banks and credit unions are enjoying healthier loan portfolios, they are also bracing for potential setbacks due to higher interest rates and inflation.
April 26 -
Recent existing home sales have been stronger than expected, but next year could see a market held back by the inventory shortage and higher rates.
December 20 -
Similarities between the current rate of appreciation and what took place between 2004 and 2006 are mitigated by changes in the housing market.
December 3 -
Though unlikely to derail a hot housing market, another surge in COVID-19 cases could cloud the outlook for economic growth, analysts said.
November 29 -
Meanwhile, investors await word from the central bank regarding monetary policy, as limited housing supply continues to drive prices upward.
August 19 -
A new global quarterly survey from the IACPM shows dissipating worries over COVID-19, giving way to angst of how businesses will cope with inflation and an inevitable rising-rate environment in the long-term.
January 14