Blerina Uruçi of T. Rowe Price says investors would do well to continue to position portfolios with inflation hedges in mind
Easing financial pressures are expected to slow decline in credit quality, boost loan demand
High rates, cautious consumers driving insolvency trends
Most banks lowered their prime rates to 6.95% following the announcement
Governor says if inflation continues to ease, it is reasonable to expect further cuts
The decline is the first drop in a year, S&P says
Rate cuts on tap this year, although size and timing remain data driven
Strong revenue growth helps overcome rising credit provisions
Forthcoming mortgage resets will continue driving debt service costs higher in certain markets
Meeting minutes show that officials debated whether their benchmark rate was exerting enough of a drag on the economy