With a resilient job market and consumer spending raising hopes the U.S. economy will achieve a “soft landing,” a top Cambridge Trust banker sees that there remains a risk the Federal Reserve will take its interest rate hikes too far, leading to recession.
About half of small and mid-size business owners and executives recently surveyed by PNC remain optimistic about the near-term future of their businesses despite inflation, supply chain disruptions and political and geopolitical uncertainties.
The Federal Reserve’s interest rate decisions and concerns about future business conditions have made community bankers more pessimistic.
Despite concerns about the economy, more than half of Central Massachusetts small businesses planned to increase hiring in 2022, according to a recent survey by Leominster-based Fidelity Bank.
Concerns about future business conditions have led community bankers to hold a less optimistic outlook for the economy, according to the Conference of State Bank Supervisors latest survey.
While community bankers in December had a slightly more optimistic outlook about future business conditions and the economic outlook compared to the end of 2020, bankers are expressing more concerns about future profitability, according to the Conference of State Bank Supervisors latest survey.
While community bankers’ overall outlook on the economy has improved since the start of the pandemic, profitability and regulatory burden remain concerns for more than half of bankers, according to a quarterly survey by the Conference of State Bank Supervisors.
Community bankers’ overall outlook on the economy remained negative in the second quarter, with bankers holding a range of opinions on business conditions, according to a quarterly survey by the Conference of State Bank Supervisors.
Environmental, social and corporate governance topics have become key concerns for investors and donors, said John Traynor, the executive vice president and chief investment officer at People’s United Bank, a concern that he has recently seen gaining momentum.
Stimulative fiscal policy is expected to provide a small boost to an already strong 2018 economic growth forecast, despite a projected first quarter slowdown, according to the Fannie Mae Economic and Strategic Research Group’s March 2018 Economic and Housing Outlook.
The 2017 economic growth forecast increased one-tenth from the prior forecast to 2.5 percent due to the government’s upgraded third quarter GDP growth estimate and an expected solid fourth quarter finish, according to the Fannie Mae Economic & Strategic Research Group’s December 2017 Economic and Housing Outlook.
With above-trend employment and wage growth, Boston’s economy should be the envy of the country, but federal immigration policy and cuts to scientific and medical research, among other things, could threaten the Bay State’s economy.
