Corporate Finance Brief

Powell sees longer inflation fight, ‘very small’ odds of Fed rate hike

CFO Dive

MAY 14, 2024

“We have the highest interest rates in some time,” Powell said Tuesday. “The question is, ‘is it sufficiently restrictive?’” ’”

Wage gains, inflation undercut Fed forecast for three rate cuts this year

CFO Dive

APRIL 30, 2024

A report of rising wages prompted traders in interest rate futures to dial down bets on reductions in the Federal Reserve’s main interest rate.

Forecasting

Fed likely to hold rates high before cutting twice in Q4: Conference Board

CFO Dive

MAY 8, 2024

Central bank officials this week have signaled that strength in hiring and economic growth may prompt the Fed to keep interest rates high longer than previously expected.

Economics

Economics Banking

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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Inflation outruns forecasts, prompting market bets on fewer Fed rate cuts

CFO Dive

APRIL 10, 2024

Futures traders cut from 56% to 17% the odds that the Fed will conclude 2024 having trimmed the main rate by more than a half percentage point.

Forecasting

Forecasting Marketing

ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk? When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units?

Banking

Inflation exceeds forecasts, affirming Fed’s caution on initial rate cut

CFO Dive

MARCH 12, 2024

Futures trading suggested that the odds that policymakers will cut the main interest rate by at least a quarter point on May 1 have plunged to 11% from 52% a month ago.

Forecasting

Stubborn inflation to keep rates ‘higher for longer’: Fannie Mae

CFO Dive

APRIL 23, 2024

Economists have marked down their estimates for the number of quarter-point cuts to the federal funds rate from as many as six to one or two.

Numbers

Fed holds main rate steady, wants ‘greater confidence’ inflation falling

CFO Dive

JANUARY 31, 2024

The central bank in a statement dropped a prior reference to “additional policy firming” but gave no support to market expectations that it will soon reduce interest rates.

Banking

Banking Marketing

Fed’s key inflation measure rose in January, validating high-rate hold

CFO Dive

FEBRUARY 29, 2024

Policymakers have refrained from declaring sufficient progress in their fight against inflation, pushing back by several months market expectations for a rate cut.

Marketing

Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

Many US banks are bracing for increased defaults and lower demand for mortgages and other loans as interest rates have increased. Global economic conditions are soft at best. From a budget standpoint, US banks are feeling the pinch. The largest banks have increased reserves to protect against deteriorating economic conditions.

Banking

FedEx CEO eyes Red Sea crisis, rising ocean rates

CFO Dive

JANUARY 17, 2024

With ocean shipping rates spiking amid attacks by Houthi rebels, FedEx says it’s closely watching the situation.

Rate hedging for non-bank CFOs

CFO Dive

APRIL 17, 2023

But there are other rate risks to guard against. Many firms don’t have exposure to the longer-duration government bonds that hammered Silicon Valley Bank.

Banking

Inflation edges up, pushing back forecast of first Fed rate cut

CFO Dive

FEBRUARY 13, 2024

Futures traders now see a 52% probability that policymakers in June will cut the federal funds rate from its current peak level between 5.25% and 5.5%.

Forecasting

Consumer confidence, job openings rise as Fed favors holding rates high

CFO Dive

JANUARY 30, 2024

The Federal Reserve on Wednesday will probably keep the main interest rate as the highest level since early 2001 as the economy shows signs of unexpected strength.

Aon pays $1.5M SEC penalty over key return rate discrepancies

CFO Dive

JANUARY 29, 2024

The Pennsylvania pension fund staff repeatedly raised questions about Aon’s return rate calculations, noting a 37 basis point discrepancy, the SEC found.

Fed holds main rate steady, citing cooling inflation

CFO Dive

NOVEMBER 1, 2023

The central bank kept the federal funds rate unchanged despite higher-than-forecast strength in hiring and economic growth.

Forecasting

Forecasting Economics Banking

Fed’s Powell signals slower rate increases

CFO Dive

NOVEMBER 30, 2022

The Fed will likely raise the federal funds rate in lower increments as it assesses the impact from the most aggressive withdrawal of monetary stimulus since the 1980s.

Fed forecasts three, quarter-point rate cuts in 2024, holds main rate steady

CFO Dive

MARCH 20, 2024

Central bank officials upgraded their projection for 2024 growth to 2.1% while predicting unemployment will end the year at 4%.

Forecasting

Forecasting Banking

Bank, finance leaders brace for rate volatility

CFO Dive

MARCH 7, 2023

The majority of leaders at financial institutions say interest rates will drive business model guidance this year but few are leveraging financial data to support these changes.

Finance

Finance Banking Leverage Financial Data

Slowing inflation unlikely to avert Fed rate hike

CFO Dive

JULY 12, 2023

Traders in interest rate futures see 95% odds that the central bank will increase the federal funds rate by a quarter percentage point on July 26.

Banking

Treasury holds I Bond fixed rate at 1.3%; composite rate falls to 4.28%

Tips Watch

APRIL 30, 2024

EE bond’s fixed rate stays at 2.7%; doubling period holds at 20 years By David Enna, Tipswatch.com After signaling for a few days that it would hold off to May 1 to announce new rates for U.S. Series I Savings … Continue reading →

Treasury

Fed holds main rate steady, signals deeper cuts to borrowing costs in 2024

CFO Dive

DECEMBER 13, 2023

Policymakers paused monetary tightening for the third consecutive meeting as traders in interest rate futures bet the Fed will begin easing in the spring.

Inflation cools, increasing odds of pause in Fed rate hikes

CFO Dive

JUNE 13, 2023

Traders in interest-rate futures predict the Fed on Wednesday will forgo a rate increase, postponing a further tightening until late July.

CFOs shouldn’t let high rates hold them back

CFO Dive

JULY 5, 2023

When rates do come down, CFOs can refinance the debt. A capital project that automates a business can yield a positive discounted investment return, Bill Fink asserts.

Investments

Falling job openings bolster case for pause to Fed rate hikes

CFO Dive

AUGUST 29, 2023

A decline in job vacancies prompted traders in interest rate futures to increase odds that the Federal Reserve will not alter monetary policy at its September meeting.

Companies cut costs as rates rose: S&P

CFO Dive

JULY 21, 2023

companies with comparatively weak balance sheets trimmed costs less during the first quarter than their counterparts with investment grade ratings, S&P said.

Investments

Fed raises interest rates following June pause

CFO Dive

JULY 26, 2023

The Federal Open Market Committee raised the main interest rate by a quarter percentage point after a two-day meeting. The move comes as the Fed faces increasing difficulties in their bid to fully quell inflation.

Marketing

Powell signals Fed likely to forgo rate hike on Nov. 1

CFO Dive

OCTOBER 19, 2023

After rapidly hiking rates to a 22-year high, policymakers aim to finely tune monetary policy and curb inflation to 2% without triggering a downturn.

Inflation cools, validating slowdown in Fed rate hikes

CFO Dive

AUGUST 10, 2023

Although gains in the prices of many goods and services slowed in July, shelter and fuel costs rose at rates that may limit disinflation in coming months.

Rising rates slow home price gains

CFO Dive

OCTOBER 25, 2022

Spiking mortgage rates are discouraging home buyers and slowing price gains in the housing market, a key economic indicator.

Economics

Economics Marketing

ESG score hurts credit rating for 20% of organizations: Moody’s

CFO Dive

NOVEMBER 28, 2022

More than half of organizations that issue speculative-grade debt faced a negative impact on their credit rating after a sustainability assessment.

Inflation, Interest Rates and Value

CFO News Room

JANUARY 14, 2023

In fact, the average inflation rate in the 2011-20 decade was the lowest of the seven decades that I cover in this chart. While the market-implied expected inflation rate has also climbed to a ten-year high of 2.85%, it is clearly lower than the consumer survey expectation.

Treasury

Treasury Economics Investments Marketing

ESG ratings firms show ‘significant shortcomings’: study

CFO Dive

SEPTEMBER 10, 2022

ESG ratings providers, while gaining from rising demand for their assessments, are unreliable in gauging risk and return, Stanford University researchers said.

Several states cut corporate tax rates for 2023

CFO Dive

JANUARY 25, 2023

Many states are competing for businesses by reducing corporate tax rates as of Jan. 1, the Tax Foundation said.

Fed Slows Pace of Rate Hikes

CFO News Room

DECEMBER 16, 2022

The Federal Open Market Committee (FOMC) increased its federal funds rate target by 50 basis points on Wednesday, a smaller increase than in recent meetings. The FOMC has increased its target rate by 425 basis points this year. . In September, the median FOMC member projected it would increase its federal funds rate target to 4.4

Economics

Economics Finance Currencies Banking

How CFOs and businesses can get (or stay) ahead of rising rates

CFO Dive

JULY 25, 2023

The Federal Reserve is widely expected to raise the benchmark rate again this week. Finance executives must adjust their strategies, PwC’s Wes Bricker asserts.

Benchmarking

Benchmarking Finance

Fed forgoes rate hike, signals another increase in 2023

CFO Dive

SEPTEMBER 20, 2023

Policymakers have kept the main rate unchanged during two of their six meetings this year as price pressures gradually ease.

March inflation sets I Bond’s new variable rate at 2.96%

Tips Watch

APRIL 10, 2024

Inflation again rose higher than expected in March, probably putting Fed rate cuts on hold. By David Enna, Tipswatch.com Non-seasonally adjusted inflation rose 0.65% in March, the Bureau of Labor Statistics reported this morning, which sets the inflation-adjusted variable rate … Continue reading →

Investments

PCAOB chief slams auditors for 40% error rate

CFO Dive

OCTOBER 5, 2023

The federal overseer of audit firms last year doubled the number of enforcement orders compared with 2021 and imposed record penalties.

Auditing

Auditing Numbers

Fed holds main rate steady, citing lack of progress against inflation

CFO Dive

MAY 1, 2024

Fed Chair Jerome Powell said that the central bank will likely need to sustain current borrowing costs longer than it had expected early this year.

Banking

Powell: Inflation data deny Fed ‘greater confidence’ needed to cut rates

CFO Dive

APRIL 16, 2024

The Fed chair is just one of many policymakers who, in the face of persistent price pressures, has voiced no urgency in reducing borrowing costs.

I Bond’s fixed rate: An updated projection

Tips Watch

OCTOBER 27, 2023

8 I posted an article, “The I Bond’s fixed rate will rise. ” attempting to forecast the potential new fixed rate for the U.S. By David Enna, Tipswatch.com Back on Oct. But by how much?” Series I Savings Bond, which will be … Continue reading →

Forecasting

Inflation is easing: Fed should slow rate hikes

CFO News Room

DECEMBER 16, 2022

Inflation numbers out Tuesday are encouraging, providing more evidence that any movement to continue raising interest rates at breakneck speed and potentially slow the economy needs to be squashed. Posted December 13, 2022 at 11:53 am by EPI Staff. The Consumer Price Index (CPI)— released by the U.S. Bureau of Labor Statistics —rose 0.1%

Securities

Securities Numbers Marketing Economics

Fed pivots to considering when to cut main interest rate: Powell

CFO Dive

FEBRUARY 5, 2024

Inflation will likely cool during the first six months of 2024, Federal Reserve Chair Jerome Powell said, adding that the central bank is unlikely to reduce borrowing costs in March.

Banking

Powell sees longer inflation fight, ‘very small’ odds of Fed rate hike

Wage gains, inflation undercut Fed forecast for three rate cuts this year

Webinars

Trending Sources

Fed likely to hold rates high before cutting twice in Q4: Conference Board

Webinars

Inflation outruns forecasts, prompting market bets on fewer Fed rate cuts

ERM Program Fundamentals for Success in the Banking Industry

Inflation exceeds forecasts, affirming Fed’s caution on initial rate cut

Stubborn inflation to keep rates ‘higher for longer’: Fannie Mae

Fed holds main rate steady, wants ‘greater confidence’ inflation falling

Fed’s key inflation measure rose in January, validating high-rate hold

Exploring the Overlap: Cost Optimization and Digital Transformation

FedEx CEO eyes Red Sea crisis, rising ocean rates

Rate hedging for non-bank CFOs

Inflation edges up, pushing back forecast of first Fed rate cut

Consumer confidence, job openings rise as Fed favors holding rates high

Aon pays $1.5M SEC penalty over key return rate discrepancies

Fed holds main rate steady, citing cooling inflation

Fed’s Powell signals slower rate increases

Fed forecasts three, quarter-point rate cuts in 2024, holds main rate steady

Bank, finance leaders brace for rate volatility

Slowing inflation unlikely to avert Fed rate hike

Treasury holds I Bond fixed rate at 1.3%; composite rate falls to 4.28%

Fed holds main rate steady, signals deeper cuts to borrowing costs in 2024

Inflation cools, increasing odds of pause in Fed rate hikes

CFOs shouldn’t let high rates hold them back

Falling job openings bolster case for pause to Fed rate hikes

Companies cut costs as rates rose: S&P

Fed raises interest rates following June pause

Powell signals Fed likely to forgo rate hike on Nov. 1

Inflation cools, validating slowdown in Fed rate hikes

Rising rates slow home price gains

ESG score hurts credit rating for 20% of organizations: Moody’s

Inflation, Interest Rates and Value

ESG ratings firms show ‘significant shortcomings’: study

Several states cut corporate tax rates for 2023

Fed Slows Pace of Rate Hikes

How CFOs and businesses can get (or stay) ahead of rising rates

Fed forgoes rate hike, signals another increase in 2023

March inflation sets I Bond’s new variable rate at 2.96%

PCAOB chief slams auditors for 40% error rate

Fed holds main rate steady, citing lack of progress against inflation

Powell: Inflation data deny Fed ‘greater confidence’ needed to cut rates

I Bond’s fixed rate: An updated projection

Inflation is easing: Fed should slow rate hikes

Fed pivots to considering when to cut main interest rate: Powell

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