Stronger trading results would help offset declines in new issue, M&A activity
Mild U.S. recession forecast to follow pullback in consumer, business loans
Demand exceeds supply but inflation expected to drop to 2% by 2024
Economists expect the central bank to sound hawkish on Wednesday while holding rates steady
Discretionary spending expected to drop as impact of higher interest rates is felt, RBC says
Latest Federal Reserve data show small banks' deposits stabilizing
Deputy governor Toni Gravelle said global banks are more resilient today than they were 15 years ago
Inflation remains elevated, bank failures likely to “weigh on economic activity”
The 5.2% reading in February marked the largest deceleration since April 2020
Most economists think the Fed will raise rates by a quarter-point on Wednesday