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Moody’s Downgrades 11 Regional Banks

Moody’s Downgrades 11 Regional Banks

by | Apr 22, 2023 | Banks, News

In a news report released on April 21, Moody’s Investors Service downgraded the ratings of 11 regional banks. The company noted in its most recent assessment of the banking industry that the sector is continuing to experience instability due to high inflation and bank...
IMF Economist Urges Continued Focus on Inflation

IMF Economist Urges Continued Focus on Inflation

by | Apr 13, 2023 | Banks, News

International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas recently told CNBC that the global economy continues to face severe challenges to growth. Despite an array of downside risks, however, he urged policy makers to continue to use the tools they...