The Fed should raise its inflation target: Mark Zandi [Yahoo! Finance Canada]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: Yahoo! Finance Canada
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino Video Transcript We want to bring in Mark Zandi, he's moody's analytics, chief economist joining us now, Mark, it's great to see you here.So you've been talking about the fact that the Fed should be really thinking about cutting soon.We are clearly starting to see weakness within the economy.I'm curious.So, from your perspective, if the Fed does not cut this summer, what does that then do for the odds of a recession?Uh Well, it'll, it'll increase them.Uh, you know, I think the economy is fine, it's resilient, it's doing well, but the interest rates are high and it's, uh, you know, those rates are like a corrosive on the economy.They wear the economy down and at some point, something could break.So the, the risks that they're taking here is that, uh, you know, uh they undermine the economy and recession occurs.But, you know, a l
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FCNCA
Earnings
- 4/25/24 - Beat
FCNCA
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 10-Q
- 5/7/24 - Form 4
- FCNCA's page on the SEC website