outputs/task_1738581375_Whats the latest happening news in US economy and related to Banking sector.json

{
  "timestamp": "2025-02-03T16:46:15.019625",
  "events": [
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      "type": "event",
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        "content": "starting_research",
        "output": "\ud83d\udd0d Starting the research task for 'Whats the latest happening news in US economy and related to Banking sector '...",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:17.585853",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "agent_generated",
        "output": "\ud83d\udcf0 News Analyst Agent",
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    {
      "timestamp": "2025-02-03T16:46:17.595551",
      "type": "event",
      "data": {
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        "content": "planning_research",
        "output": "\ud83c\udf10 Browsing the web to learn more about the task: Whats the latest happening news in US economy and related to Banking sector ...",
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    {
      "timestamp": "2025-02-03T16:46:21.801050",
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        "content": "planning_research",
        "output": "\ud83e\udd14 Planning the research strategy and subtasks...",
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      "timestamp": "2025-02-03T16:46:25.047794",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "subqueries",
        "output": "\ud83d\uddc2\ufe0f I will conduct my research based on the following queries: ['US economy news banking sector February 2025', 'Latest developments US banking sector interest rates February 2025', 'Impact of 2024 banking crisis on current US economy', 'Current state of major US banks financial performance', 'Whats the latest happening news in US economy and related to Banking sector ']...",
        "metadata": [
          "US economy news banking sector February 2025",
          "Latest developments US banking sector interest rates February 2025",
          "Impact of 2024 banking crisis on current US economy",
          "Current state of major US banks financial performance",
          "Whats the latest happening news in US economy and related to Banking sector "
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    {
      "timestamp": "2025-02-03T16:46:25.067248",
      "type": "event",
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        "content": "running_subquery_research",
        "output": "\n\ud83d\udd0d Running research for 'US economy news banking sector February 2025'...",
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    {
      "timestamp": "2025-02-03T16:46:25.087881",
      "type": "event",
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        "output": "\n\ud83d\udd0d Running research for 'Latest developments US banking sector interest rates February 2025'...",
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    {
      "timestamp": "2025-02-03T16:46:25.097897",
      "type": "event",
      "data": {
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        "content": "running_subquery_research",
        "output": "\n\ud83d\udd0d Running research for 'Impact of 2024 banking crisis on current US economy'...",
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      "timestamp": "2025-02-03T16:46:25.106697",
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        "output": "\n\ud83d\udd0d Running research for 'Current state of major US banks financial performance'...",
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    {
      "timestamp": "2025-02-03T16:46:25.115705",
      "type": "event",
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        "type": "logs",
        "content": "running_subquery_research",
        "output": "\n\ud83d\udd0d Running research for 'Whats the latest happening news in US economy and related to Banking sector '...",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:27.540130",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.brooklinebank.com/2025/02/01/economic-news-february-2025/\n",
        "metadata": "https://www.brooklinebank.com/2025/02/01/economic-news-february-2025/"
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    {
      "timestamp": "2025-02-03T16:46:27.554855",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.atlantafed.org/news/conferences-and-events/conferences/2025/02/27/banking-outlook-conference\n",
        "metadata": "https://www.atlantafed.org/news/conferences-and-events/conferences/2025/02/27/banking-outlook-conference"
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    {
      "timestamp": "2025-02-03T16:46:27.563414",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.fitchratings.com/research/banks/us-banks-outlook-2025-03-12-2024\n",
        "metadata": "https://www.fitchratings.com/research/banks/us-banks-outlook-2025-03-12-2024"
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      "timestamp": "2025-02-03T16:46:27.572293",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\n",
        "metadata": "https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html"
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      "timestamp": "2025-02-03T16:46:27.581103",
      "type": "event",
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        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.spglobal.com/ratings/en/research/articles/250115-u-s-bank-outlook-2025-published-entering-a-new-phase-under-a-new-administration-13385413\n",
        "metadata": "https://www.spglobal.com/ratings/en/research/articles/250115-u-s-bank-outlook-2025-published-entering-a-new-phase-under-a-new-administration-13385413"
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        "type": "logs",
        "content": "researching",
        "output": "\ud83e\udd14 Researching for relevant information across multiple sources...\n",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:27.600209",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_urls",
        "output": "\ud83c\udf10 Scraping content from 5 URLs...",
        "metadata": null
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      "timestamp": "2025-02-03T16:46:28.697392",
      "type": "event",
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        "content": "scraping_content",
        "output": "\ud83d\udcc4 Scraped 4 pages of content",
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    {
      "timestamp": "2025-02-03T16:46:28.706773",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_images",
        "output": "\ud83d\uddbc\ufe0f Selected 1 new images from 1 total images",
        "metadata": [
          "https://www.atlantafed.org/-/media/Images/news/conferences-and-events/conferences/2025/02/banking-outlook-conference/banner.png"
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      "timestamp": "2025-02-03T16:46:28.716293",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_complete",
        "output": "\ud83c\udf10 Scraping complete",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:28.725978",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "fetching_query_content",
        "output": "\ud83d\udcda Getting relevant content based on query: US economy news banking sector February 2025...",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:29.070512",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.usbank.com/dam/en/documents/pdfs/wealth-management/situation-analysis-01-29-2025.pdf\n",
        "metadata": "https://www.usbank.com/dam/en/documents/pdfs/wealth-management/situation-analysis-01-29-2025.pdf"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:29.170893",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.investopedia.com/interest-rates-outlook-2025-federal-reserve-mortgages-car-loans-credit-cards-8764416\n",
        "metadata": "https://www.investopedia.com/interest-rates-outlook-2025-federal-reserve-mortgages-car-loans-credit-cards-8764416"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:29.181539",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.businessinsider.com/interest-rates-federal-reserve-holds-steady-powell-trump-inflation-tariffs-2025-1?op=1\n",
        "metadata": "https://www.businessinsider.com/interest-rates-federal-reserve-holds-steady-powell-trump-inflation-tariffs-2025-1?op=1"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:29.191051",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html\n",
        "metadata": "https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html"
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      "timestamp": "2025-02-03T16:46:29.201211",
      "type": "event",
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        "type": "logs",
        "content": "researching",
        "output": "\ud83e\udd14 Researching for relevant information across multiple sources...\n",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:29.210271",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_urls",
        "output": "\ud83c\udf10 Scraping content from 4 URLs...",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.216019",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_content",
        "output": "\ud83d\udcc4 Scraped 3 pages of content",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.226956",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_images",
        "output": "\ud83d\uddbc\ufe0f Selected 1 new images from 2 total images",
        "metadata": [
          "https://www.investopedia.com/thmb/ZJ6oPtO2c4wyQBCT403FEfqXY50=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/FedMeeting-0d70f08c723e4f84a28dc3acc86009d0.jpg"
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    {
      "timestamp": "2025-02-03T16:46:31.238107",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_complete",
        "output": "\ud83c\udf10 Scraping complete",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.247687",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "fetching_query_content",
        "output": "\ud83d\udcda Getting relevant content based on query: Latest developments US banking sector interest rates February 2025...",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.297896",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\n",
        "metadata": "https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.307812",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.spglobal.com/_assets/documents/ratings/research/101591972.pdf\n",
        "metadata": "https://www.spglobal.com/_assets/documents/ratings/research/101591972.pdf"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.318795",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.reuters.com/business/finance/us-federal-reserve-releases-scenarios-2024-bank-stress-tests-2024-02-15/\n",
        "metadata": "https://www.reuters.com/business/finance/us-federal-reserve-releases-scenarios-2024-bank-stress-tests-2024-02-15/"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.329556",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://crsreports.congress.gov/product/pdf/IF/IF12649\n",
        "metadata": "https://crsreports.congress.gov/product/pdf/IF/IF12649"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.339261",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://libertystreeteconomics.newyorkfed.org/2024/11/banking-system-vulnerability-2024-update/\n",
        "metadata": "https://libertystreeteconomics.newyorkfed.org/2024/11/banking-system-vulnerability-2024-update/"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.349403",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "researching",
        "output": "\ud83e\udd14 Researching for relevant information across multiple sources...\n",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:31.359185",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_urls",
        "output": "\ud83c\udf10 Scraping content from 5 URLs...",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:32.459678",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_content",
        "output": "\ud83d\udcc4 Scraped 3 pages of content",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:32.470672",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_images",
        "output": "\ud83d\uddbc\ufe0f Selected 4 new images from 5 total images",
        "metadata": [
          "https://libertystreeteconomics.newyorkfed.org/wp-content/uploads/sites/2/2024/11/LSE_2024_fiva_crosignani_ch1.png",
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          "https://libertystreeteconomics.newyorkfed.org/wp-content/uploads/sites/2/2024/11/LSE_2024_fiva_crosignani_ch4.png"
        ]
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    },
    {
      "timestamp": "2025-02-03T16:46:32.480187",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_complete",
        "output": "\ud83c\udf10 Scraping complete",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:32.491176",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "fetching_query_content",
        "output": "\ud83d\udcda Getting relevant content based on query: Impact of 2024 banking crisis on current US economy...",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:32.579227",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.fitchratings.com/research/banks/us-banks-4q24-results-reflect-positive-trends-24-01-2025\n",
        "metadata": "https://www.fitchratings.com/research/banks/us-banks-4q24-results-reflect-positive-trends-24-01-2025"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:32.588920",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\n",
        "metadata": "https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:32.599117",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.newyorkfed.org/medialibrary/media/research/banking_research/quarterlytrends2022q1.pdf?la=en\n",
        "metadata": "https://www.newyorkfed.org/medialibrary/media/research/banking_research/quarterlytrends2022q1.pdf?la=en"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:32.608812",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.stlouisfed.org/on-the-economy/2024/dec/strong-earnings-asset-quality-put-us-banks-solid-ground\n",
        "metadata": "https://www.stlouisfed.org/on-the-economy/2024/dec/strong-earnings-asset-quality-put-us-banks-solid-ground"
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    },
    {
      "timestamp": "2025-02-03T16:46:32.620232",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "researching",
        "output": "\ud83e\udd14 Researching for relevant information across multiple sources...\n",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:32.630664",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_urls",
        "output": "\ud83c\udf10 Scraping content from 4 URLs...",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.140444",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_content",
        "output": "\ud83d\udcc4 Scraped 1 pages of content",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.150712",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_images",
        "output": "\ud83d\uddbc\ufe0f Selected 0 new images from 0 total images",
        "metadata": []
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.165285",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "scraping_complete",
        "output": "\ud83c\udf10 Scraping complete",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.178612",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "fetching_query_content",
        "output": "\ud83d\udcda Getting relevant content based on query: Current state of major US banks financial performance...",
        "metadata": null
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.256912",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.wsj.com/finance/banking\n",
        "metadata": "https://www.wsj.com/finance/banking"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.267449",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.cnn.com/business/live-news/stock-market-bank-crisis-fed-rate-news-03-24-23/index.html\n",
        "metadata": "https://www.cnn.com/business/live-news/stock-market-bank-crisis-fed-rate-news-03-24-23/index.html"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.277873",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.ft.com/us-banks\n",
        "metadata": "https://www.ft.com/us-banks"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.287340",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.cnn.com/2024/02/02/economy/whats-going-on-with-bank-stocks/index.html\n",
        "metadata": "https://www.cnn.com/2024/02/02/economy/whats-going-on-with-bank-stocks/index.html"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.298882",
      "type": "event",
      "data": {
        "type": "logs",
        "content": "added_source_url",
        "output": "\u2705 Added source url to research: https://www.business-standard.com/topic/us-banks\n",
        "metadata": "https://www.business-standard.com/topic/us-banks"
      }
    },
    {
      "timestamp": "2025-02-03T16:46:38.309387",
      "type": "event",
      "data": {
        "type": "logs",
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        "output": "\ud83d\udcc3 Source: https://www.businessinsider.com/interest-rates-federal-reserve-holds-steady-powell-trump-inflation-tariffs-2025-1?op=1\nTitle: Fed Holds Interest Rates Steady in First Decision of 2025 - Business Insider\nContent: The Fed holds interest rates steady in its first decision of the year\nAyelet Sheffey 2025-01-29T19:00:29Z\nAyelet Sheffey 2025-01-29T19:00:29Z\nAyelet Sheffey 2025-01-29T19:00:29Z\nAyelet Sheffey 2025-01-29T19:00:29Z\nShare icon An curved arrow pointing right. Share Facebook Email X LinkedIn Copy Link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link\nFacebook Email X LinkedIn Copy Link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link\nlighning bolt icon An icon in the shape of a lightning bolt. Impact Link\nlighning bolt icon An icon in the shape of a lightning bolt. Impact Link\nlighning bolt icon An icon in the shape of a lightning bolt. Impact Link\nlighning bolt icon An icon in the shape of a lightning bolt.\nRead in app\nThe Federal Reserve held interest rates steady in its first decision of 2025. Alex Wong/Getty Images\nThe Federal Reserve held interest rates steady in its first decision of 2025.\nAlex Wong/Getty Images\nAlex Wong/Getty Images\n\nSource: https://www.businessinsider.com/interest-rates-federal-reserve-holds-steady-powell-trump-inflation-tariffs-2025-1?op=1\nTitle: Fed Holds Interest Rates Steady in First Decision of 2025 - Business Insider\nContent: Economy The Fed holds interest rates steady in its first decision of the year Ayelet Sheffey 2025-01-29T19:00:29Z Share icon An curved arrow pointing right. Share Facebook Email X LinkedIn Copy Link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Article Icon A bookmark Save Read in app The Federal Reserve held interest rates steady in its first decision of 2025. Alex Wong/Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. The Federal Reserve held interest rates steady on Wednesday.President Donald Trump has pressured the Fed to continue cutting rates.The Fed has two rate cuts penciled in for 2025, but Trump's trade policies could change its plans.The nation's central bank held interest rates steady in its first decision of the year. On Wednesday, the Federal Open Market Committee announced that it would maintain the Federal Reserve's target rate following a\n\nSource: https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html\nTitle: Fed holds on interest rates\u2014when borrowing costs could drop in 2025\nContent: The Federal Reserve left interest rates unchanged Wednesday amid uncertainty over when borrowing costs for loans, credit cards and auto financing might ease in 2025.The Fed's benchmark rate will stay in a range of 4.25% to 4.5%, keeping borrowing costs elevated in an effort to curb spending and bring down inflation.The central bank previously penciled in two 25-basis-point rate cuts as part of its projections for 2025, which would bring the benchmark rate to a range of 3.75% to 4% by year-end. However, the timing of these cuts has become less certain with year-over-year inflation ticking up from 2.5% to 2.9% since September, along with uncertainty about the inflationary effects of President Trump's proposed tariffs on foreign goods.A CNBC survey of economists published Tuesday shows that 65% think two rate cuts are expected, down from 78% in a previous survey conducted in December.Fed chair Jerome Powell said the central bank was entering a \"new phase\" where it would be \"cautious\n\nSource: https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html\nTitle: Fed holds on interest rates\u2014when borrowing costs could drop in 2025\nContent: The Federal Reserve left interest rates unchanged Wednesday amid uncertainty over when borrowing costs for loans, credit cards and auto financing might ease in 2025.The Fed's benchmark rate will stay in a range of 4.25% to 4.5%, keeping borrowing costs elevated in an effort to curb spending and bring down inflation.The central bank previously penciled in two 25-basis-point rate cuts as part of its projections for 2025, which would bring the benchmark rate to a range of 3.75% to 4% by year-end. However, the timing of these cuts has become less certain with year-over-year inflation ticking up from 2.5% to 2.9% since September, along with uncertainty about the inflationary effects of President Trump's proposed tariffs on foreign goods.A CNBC survey of economists published Tuesday shows that 65% think two rate cuts are expected, down from 78% in a previous survey conducted in December.Fed chair Jerome Powell said the central bank was entering a \"new phase\" where it would be \"cautious\n\nSource: https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html\nTitle: Fed holds on interest rates\u2014when borrowing costs could drop in 2025\nContent: The Federal Reserve left interest rates unchanged Wednesday amid uncertainty over when borrowing costs for loans, credit cards and auto financing might ease in 2025.\nThe Fed's benchmark rate will stay in a range of 4.25% to 4.5%, keeping borrowing costs elevated in an effort to curb spending and bring down inflation.\nThe central bank previously penciled in two 25-basis-point rate cuts as part of its projections for 2025, which would bring the benchmark rate to a range of 3.75% to 4% by year-end.\nHowever, the timing of these cuts has become less certain with year-over-year inflation ticking up from 2.5% to 2.9% since September, along with uncertainty about the inflationary effects of President Trump's proposed tariffs on foreign goods.\nA CNBC survey of economists published Tuesday shows that 65% think two rate cuts are expected, down from 78% in a previous survey conducted in December.\n\nSource: https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html\nTitle: Fed holds on interest rates\u2014when borrowing costs could drop in 2025\nContent: Related StoriesSave and InvestThe Fed cuts rates by another 25 basis points\u2014here\u2019s what just got cheaperSave and InvestThe Fed cut interest rates by another 25 basis points\u2014what will get cheaperSpendWhy mortgage rates keep climbing despite Fed interest rate cutsSpendWhy mortgage rates remain so high\u2014and what to expect in 2025SpendWhat's a 'tariff' again? And how they might end up raising prices for consumersSpendFed pauses interest rate cuts\u2014here\u2019s when borrowing costs might drop in 2025Published Wed, Jan 29 20252:05 PM ESTMike Winters@mike_wintrsShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailUS Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024.Andrew Caballero-Reynolds | Getty ImagesThe Federal Reserve left interest rates unchanged Wednesday amid uncertainty over when borrowing costs for loans, credit cards and auto financing\n\nSource: https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html\nTitle: Fed holds on interest rates\u2014when borrowing costs could drop in 2025\nContent: Related StoriesSave and InvestThe Fed cuts rates by another 25 basis points\u2014here\u2019s what just got cheaperSave and InvestThe Fed cut interest rates by another 25 basis points\u2014what will get cheaperSpendWhy mortgage rates keep climbing despite Fed interest rate cutsSpendWhy mortgage rates remain so high\u2014and what to expect in 2025SpendWhat's a 'tariff' again? And how they might end up raising prices for consumersSpendFed pauses interest rate cuts\u2014here\u2019s when borrowing costs might drop in 2025Published Wed, Jan 29 20252:05 PM ESTMike Winters@mike_wintrsShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailUS Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024.Andrew Caballero-Reynolds | Getty ImagesThe Federal Reserve left interest rates unchanged Wednesday amid uncertainty over when borrowing costs for loans, credit cards and auto financing\n\nSource: https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html\nTitle: Fed holds on interest rates\u2014when borrowing costs could drop in 2025\nContent: Related StoriesSave and InvestThe Fed cuts rates by another 25 basis points\u2014here\u2019s what just got cheaperSave and InvestThe Fed cut interest rates by another 25 basis points\u2014what will get cheaperSpendWhy mortgage rates keep climbing despite Fed interest rate cutsSpendWhy mortgage rates remain so high\u2014and what to expect in 2025SpendWhat's a 'tariff' again? And how they might end up raising prices for consumersSpendFed pauses interest rate cuts\u2014here\u2019s when borrowing costs might drop in 2025Published Wed, Jan 29 20252:05 PM ESTMike Winters@mike_wintrsShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailUS Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024.Andrew Caballero-Reynolds | Getty ImagesThe Federal Reserve left interest rates unchanged Wednesday amid uncertainty over when borrowing costs for loans, credit cards and auto financing\n\nSource: https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html\nTitle: Fed holds on interest rates\u2014when borrowing costs could drop in 2025\nContent: Related StoriesSave and InvestThe Fed cuts rates by another 25 basis points\u2014here\u2019s what just got cheaperSave and InvestThe Fed cut interest rates by another 25 basis points\u2014what will get cheaperSpendWhy mortgage rates keep climbing despite Fed interest rate cutsSpendWhy mortgage rates remain so high\u2014and what to expect in 2025SpendWhat's a 'tariff' again? And how they might end up raising prices for consumersSpendFed pauses interest rate cuts\u2014here\u2019s when borrowing costs might drop in 2025Published Wed, Jan 29 20252:05 PM ESTMike Winters@mike_wintrsShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailUS Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024.Andrew Caballero-Reynolds | Getty ImagesThe Federal Reserve left interest rates unchanged Wednesday amid uncertainty over when borrowing costs for loans, credit cards and auto financing\n\nSource: https://www.cnbc.com/2025/01/29/fed-holds-on-interest-rates-when-borrowing-costs-could-drop.html\nTitle: Fed holds on interest rates\u2014when borrowing costs could drop in 2025\nContent: Article via LinkedInShare Article via EmailUS Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024.Andrew Caballero-Reynolds | Getty ImagesThe Federal Reserve left interest rates unchanged Wednesday amid uncertainty over when borrowing costs for loans, credit cards and auto financing might ease in 2025.The Fed's benchmark rate will stay in a range of 4.25% to 4.5%, keeping borrowing costs elevated in an effort to curb spending and bring down inflation.The central bank previously penciled in two 25-basis-point rate cuts as part of its projections for 2025, which would bring the benchmark rate to a range of 3.75% to 4% by year-end. However, the timing of these cuts has become less certain with year-over-year inflation ticking up from 2.5% to 2.9% since September, along with uncertainty about the inflationary effects of President Trump's proposed tariffs on foreign goods.A CNBC survey of\n",
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        "output": "\ud83d\udcc3 Source: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: Why economists are warning of another US banking crisis Published: February 26, 2024 5.19pm GMT\nWhy economists are warning of another US banking crisis Published: February 26, 2024 5.19pm GMT\nWhy economists are warning of another US banking crisis\nWhy economists are warning of another US banking crisis\nWhy economists are warning of another US banking crisis\nPublished: February 26, 2024 5.19pm GMT\n\nSource: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: Why economists are warning of another US banking crisis Published: February 26, 2024 5.19pm GMT Ru Xie, University of Bath Author Ru Xie Associate Professor in Finance, University of Bath Disclosure statement Ru Xie does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Partners University of Bath provides funding as a member of The Conversation UK. View all partners Fed Chair Jay Powell is betting that banks can withstand the end of his rescue programme in March. EPA Copy link Email X (Twitter) Bluesky Facebook LinkedIn WhatsApp Messenger https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092 Link copied Share article March 2024 is making investors nervous. A major scheme to prop up the US banking system is ending, while a second may be winding down. Some economic commentators fear another\n\nSource: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: Edition: Available editions Global Africa Australia Brasil Canada Canada (fran\u00e7ais) Espa\u00f1a Europe France Indonesia New Zealand United Kingdom United States Get newsletter Become an author Sign up as a reader Sign in Search Academic rigour, journalistic flair Why economists are warning of another US banking crisis Published: February 26, 2024 5.19pm GMT Ru Xie, University of Bath Author Ru Xie Associate Professor in Finance, University of Bath Disclosure statement Ru Xie does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Partners University of Bath provides funding as a member of The Conversation UK. View all partners Fed Chair Jay Powell is betting that banks can withstand the end of his rescue programme in March. EPA Copy link Email X (Twitter) Bluesky Facebook LinkedIn WhatsApp Messenger\n\nSource: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: Ru Xie, University of Bath Author Ru Xie Associate Professor in Finance, University of Bath Disclosure statement Ru Xie does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Partners University of Bath provides funding as a member of The Conversation UK. View all partners Fed Chair Jay Powell is betting that banks can withstand the end of his rescue programme in March. EPA Copy link Email X (Twitter) Bluesky Facebook LinkedIn WhatsApp Messenger https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092 Link copied Share article March 2024 is making investors nervous. A major scheme to prop up the US banking system is ending, while a second may be winding down. Some economic commentators fear another banking crisis. So how worried should we be? The red letter day is March 11, when US central bank the\n\nSource: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: Copy link Email X (Twitter) Bluesky Facebook LinkedIn WhatsApp Messenger https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092 Link copied Share article\nhttps://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092 Link copied Share article\nhttps://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092 Link copied\n\nSource: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: Fed Chair Jay Powell is betting that banks can withstand the end of his rescue programme in March. EPA Copy link Email X (Twitter) Bluesky Facebook LinkedIn WhatsApp Messenger https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092 Link copied Share article March 2024 is making investors nervous. A major scheme to prop up the US banking system is ending, while a second may be winding down. Some economic commentators fear another banking crisis. So how worried should we be? The red letter day is March 11, when US central bank the Federal Reserve will end the bank term funding program (BTFP), a year after it began in response to the failures of regional banks Signature, Silvergate and Silicon Valley. These banks were brought down by customers withdrawing deposits en masse, both because many were tech or crypto businesses that needed money to cover losses, and because there were better savings rates available elsewhere. This damaged the banks\u2019\n\nSource: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: programme in March. EPA Copy link Email X (Twitter) Bluesky Facebook LinkedIn WhatsApp Messenger https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092 Link copied Share article March 2024 is making investors nervous. A major scheme to prop up the US banking system is ending, while a second may be winding down. Some economic commentators fear another banking crisis. So how worried should we be? The red letter day is March 11, when US central bank the Federal Reserve will end the bank term funding program (BTFP), a year after it began in response to the failures of regional banks Signature, Silvergate and Silicon Valley. These banks were brought down by customers withdrawing deposits en masse, both because many were tech or crypto businesses that needed money to cover losses, and because there were better savings rates available elsewhere. This damaged the banks\u2019 profitability at a time when raised interest rates had already weakened their balance\n\nSource: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: March 2024 is making investors nervous. A major scheme to prop up the US banking system is ending, while a second may be winding down. Some economic commentators fear another banking crisis. So how worried should we be?\nThe red letter day is March 11, when US central bank the Federal Reserve will end the bank term funding program (BTFP), a year after it began in response to the failures of regional banks Signature, Silvergate and Silicon Valley. These banks were brought down by customers withdrawing deposits en masse, both because many were tech or crypto businesses that needed money to cover losses, and because there were better savings rates available elsewhere.\n\nSource: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: that programme. Nonetheless, the transition could be bumpy, with banks potentially raising lending rates and becoming less willing to lend. Many analysts expect the buffer to disappear in 2024, with a range of predictions from late in the year to as soon as March. Risky times Heightened interest rates have already led to the most stringent credit standards and weakest loan demand from consumers and businesses in a long time in the US. Meanwhile, banks are dealing with other major challenges such as the plunge in demand for office space as a result of home working. This has brought the medium-sized New York Community Bank to the brink in recent weeks, for instance. The closure of the BTFP and the end of the reverse repo buffer, particularly if they coincide, could clearly make banks even more risk averse and profit-hungry. The danger is that this all damages the economy to the point that bad debts pile up and we hit another 2008-style liquidity crisis where banks become wary of lending\n\nSource: https://theconversation.com/why-economists-are-warning-of-another-us-banking-crisis-224092\nTitle: Why economists are warning of another US banking crisis\nContent: will the system feel the full effect of QT. At this stage, the Fed has indicated it will slow and then end that programme. Nonetheless, the transition could be bumpy, with banks potentially raising lending rates and becoming less willing to lend. Many analysts expect the buffer to disappear in 2024, with a range of predictions from late in the year to as soon as March. Risky times Heightened interest rates have already led to the most stringent credit standards and weakest loan demand from consumers and businesses in a long time in the US. Meanwhile, banks are dealing with other major challenges such as the plunge in demand for office space as a result of home working. This has brought the medium-sized New York Community Bank to the brink in recent weeks, for instance. The closure of the BTFP and the end of the reverse repo buffer, particularly if they coincide, could clearly make banks even more risk averse and profit-hungry. The danger is that this all damages the economy to the\n",
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        "output": "\ud83d\udcc3 Source: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: banks, Goldman Sachs shares finished 2024 48% higher, while JPMorgan enjoyed a 41% gain and Wells Fargo shares climbed 43%.JPMorgan reported Wednesday that its interest income fell 3% to $23.5 billion, thanks to a downtick in interest rates.CEO Jamie Dimon said the bank got a boost from investment banking business, where fees rose 49% and markets revenue jumped 21%. The bank\u2019s consumer banking business also thrived, with clients opening nearly 2 million checking accounts.The New York bank set aside $2.6 billion to cover bad loans, down slightly from the same period a year ago.Dimon said the U.S. economy remains strong, noting the nation\u2019s low unemployment and strong consumer spending.\u201cBusinesses are more optimistic about the economy, and they are encouraged by expectations for a more pro-growth agenda and improved collaboration between government and business,\u201d said, alluding to the incoming Trump administration which has promised to cut regulations across industries. Dimon said that\n\nSource: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: Business JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024\nBusiness JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024\nJPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024\n\nSource: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: Citigroup, Wells Fargo and Goldman Sachs also issued strong results on Wednesday.\nThe country\u2019s biggest banks have benefitted from higher interest rates for the last two years, when the Federal Reserve jacked up rates to combat the inflation that took root in the wake of the COVID-19 pandemic.\nThe government\u2019s latest consumer prices report, also issued Wednesday, showed that prices for many essentials rose, pushing the consumer price index to 2.9% in December, the highest it has been since July. But underlying inflation trends \u2014 watched closely by the Fed \u2014 slowed to 3.2% in December, better than analysts expected and a good sign for consumers and the broader economy.\nprices for many essentials rose\n\nSource: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: Business JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 Pedestrians approach JP Morgan Chase headquarters, Wednesday, Dec. 29, 2023, in New York. (AP Photo/Peter Morgan, File) By MATT OTT Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print WASHINGTON (AP) \u2014 JPMorgan\u2019s net income soared 50% to more than $14 billion in the fourth quarter as the bank\u2019s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year as businesses and consumers continued to spend despite elevated interest rates. JPMorgan\u2019s earnings per share rose to $4.81 from $3.04 a year ago. The result beat Wall Street profit projections of $4.09 a share, according to the data firm FactSet. Total managed revenue hit $43.7 billion, up 10%, from $39.9 billion a year ago. Wall Street was expecting revenue of $41.9 billion.JPMorgan posted a record $54 billion profit for the year, or $18.22 per\n\nSource: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: By MATT OTT Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print WASHINGTON (AP) \u2014 JPMorgan\u2019s net income soared 50% to more than $14 billion in the fourth quarter as the bank\u2019s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year as businesses and consumers continued to spend despite elevated interest rates. JPMorgan\u2019s earnings per share rose to $4.81 from $3.04 a year ago. The result beat Wall Street profit projections of $4.09 a share, according to the data firm FactSet. Total managed revenue hit $43.7 billion, up 10%, from $39.9 billion a year ago. Wall Street was expecting revenue of $41.9 billion.JPMorgan posted a record $54 billion profit for the year, or $18.22 per share, adjusted for one-time expenses. JPMorgan shares rose just less than 1% in morning trading.Citigroup, Wells Fargo and Goldman Sachs also issued strong results on Wednesday. The country\u2019s biggest banks have benefitted\n\nSource: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: last year, the Nasdaq climbed more than 28% and the Dow finished up nearly 13%. As for the banks, Goldman Sachs shares finished 2024 48% higher, while JPMorgan enjoyed a 41% gain and Wells Fargo shares climbed 43%.JPMorgan reported Wednesday that its interest income fell 3% to $23.5 billion, thanks to a downtick in interest rates.CEO Jamie Dimon said the bank got a boost from investment banking business, where fees rose 49% and markets revenue jumped 21%. The bank\u2019s consumer banking business also thrived, with clients opening nearly 2 million checking accounts.The New York bank set aside $2.6 billion to cover bad loans, down slightly from the same period a year ago.Dimon said the U.S. economy remains strong, noting the nation\u2019s low unemployment and strong consumer spending.\u201cBusinesses are more optimistic about the economy, and they are encouraged by expectations for a more pro-growth agenda and improved collaboration between government and business,\u201d said, alluding to the incoming\n\nSource: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: WASHINGTON (AP) \u2014 JPMorgan\u2019s net income soared 50% to more than $14 billion in the fourth quarter as the bank\u2019s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year as businesses and consumers continued to spend despite elevated interest rates. JPMorgan\u2019s earnings per share rose to $4.81 from $3.04 a year ago. The result beat Wall Street profit projections of $4.09 a share, according to the data firm FactSet. Total managed revenue hit $43.7 billion, up 10%, from $39.9 billion a year ago. Wall Street was expecting revenue of $41.9 billion.JPMorgan posted a record $54 billion profit for the year, or $18.22 per share, adjusted for one-time expenses. JPMorgan shares rose just less than 1% in morning trading.Citigroup, Wells Fargo and Goldman Sachs also issued strong results on Wednesday. The country\u2019s biggest banks have benefitted from higher interest rates for the last two years, when the Federal Reserve jacked up rates to\n\nSource: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: rates.CEO Jamie Dimon said the bank got a boost from investment banking business, where fees rose 49% and markets revenue jumped 21%. The bank\u2019s consumer banking business also thrived, with clients opening nearly 2 million checking accounts.The New York bank set aside $2.6 billion to cover bad loans, down slightly from the same period a year ago.Dimon said the U.S. economy remains strong, noting the nation\u2019s low unemployment and strong consumer spending.\u201cBusinesses are more optimistic about the economy, and they are encouraged by expectations for a more pro-growth agenda and improved collaboration between government and business,\u201d said, alluding to the incoming Trump administration which has promised to cut regulations across industries. Dimon said that any regulation should balance promoting growth and keeping the banking system safe. \u201cThis is not about weakening regulation ... but rather about setting rules that are transparent, fair and holistic in their approach and based on\n\nSource: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: Wednesday that its interest income fell 3% to $23.5 billion, thanks to a downtick in interest rates.CEO Jamie Dimon said the bank got a boost from investment banking business, where fees rose 49% and markets revenue jumped 21%. The bank\u2019s consumer banking business also thrived, with clients opening nearly 2 million checking accounts.The New York bank set aside $2.6 billion to cover bad loans, down slightly from the same period a year ago.Dimon said the U.S. economy remains strong, noting the nation\u2019s low unemployment and strong consumer spending.\u201cBusinesses are more optimistic about the economy, and they are encouraged by expectations for a more pro-growth agenda and improved collaboration between government and business,\u201d said, alluding to the incoming Trump administration which has promised to cut regulations across industries. Dimon said that any regulation should balance promoting growth and keeping the banking system safe. \u201cThis is not about weakening regulation ... but rather\n\nSource: https://apnews.com/article/jpmorgan-chase-bank-earnings-profit-38c5a832fdb4503d8483d6115b4a8ee1\nTitle: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024 | AP News\nContent: as other US companies scale theirs back That, combined with the strong bank earnings, boosted markets, with the S&P 500 and Dow Jones Industrials each climbing 1.7% and the technology-heavy Nasdaq gaining 2.2%. As great as 2024 was for markets, bank stocks did even better, despite the Federal Reserve trimming its benchmark interest rate three times between September and December.When it issued its last cut in December, the Fed also trimmed its forecast for 2025 rate cuts to two from four as inflation remained stubbornly above the Fed\u2019s 2% target. That sent markets into a mini-slump, but not enough to dampen what was a spectacular 2024 run. The S&P gained 23% last year, the Nasdaq climbed more than 28% and the Dow finished up nearly 13%. As for the banks, Goldman Sachs shares finished 2024 48% higher, while JPMorgan enjoyed a 41% gain and Wells Fargo shares climbed 43%.JPMorgan reported Wednesday that its interest income fell 3% to $23.5 billion, thanks to a downtick in interest\n",
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        "output": "\ud83d\udcc3 Source: https://www.cnn.com/2024/02/02/economy/whats-going-on-with-bank-stocks/index.html\nTitle: What\u2019s really going on with bank stocks | CNN Business\nContent: Markets DOW S&P 500 NASDAQ Hot Stocks Fear & Greed Index ----- is driving the US market Latest Market News Trump\u2019s under-the-radar Alaska order has environmentalists on edge Stock markets slide around the world as Trump\u2019s new trade war rattles investor confidence Target was one of the most outspoken supporters of DEI. It\u2019s changed its tune Hot Stocks ----- is driving the US market Something isn't loading properly. Please check back later. Ad Feedback Ad Feedback Business / Economy What\u2019s really going on with bank stocks By Elisabeth Buchwald, CNN 3 minute read Updated 8:15 AM EST, Fri February 2, 2024 Link Copied! The New York Community Bancorp shares plunged by nearly 50% over two days after reporting a surprise loss tied to deteriorating credit quality and a cut to its dividend. Bing Guan/Bloomberg/Getty Images New York CNN \u2014 On Wednesday, the Federal Reserve ditched a line it used in every meeting statement since three banks failed last spring, which said that the \u201cUS banking\n\nSource: https://www.cnn.com/business/live-news/stock-market-bank-crisis-fed-rate-news-03-24-23/index.html\nTitle: Live updates: Latest on global markets and banking crisis | CNN Business\nContent: discussed current conditions in the banking sector and noted that while some institutions have come under stress, the US banking system remains sound and resilient,\u201d the readout said. It\u2019s not clear which banks in particular were discussed but the meeting comes after days of turbulence in the share price of regional banks and a plunge for Germany\u2019s biggest bank, Deutsche Bank. Treasury said regulators discussed ongoing efforts at agencies to monitor financial developments and also heard a presentation from staff at the New York Federal Reserve Bank on \u201cmarket developments.\u201d Link Copied! Stocks end Friday and the week higher despite lingering banking fears From CNN's Krystal Hur People pass the front of the New York Stock Exchange on March 21. (Peter Morgan/AP) Stocks closed higher Friday, recovering from earlier losses brought about by a plunge in Deutsche Bank stock. Shares of the German bank fell 8.5% after a surge in its bond insurances prices spiked investors\u2019 fears about the\n\nSource: https://www.cnn.com/business/live-news/stock-market-bank-crisis-fed-rate-news-03-24-23/index.html\nTitle: Live updates: Latest on global markets and banking crisis | CNN Business\nContent: discussed current conditions in the banking sector and noted that while some institutions have come under stress, the US banking system remains sound and resilient,\u201d the readout said. It\u2019s not clear which banks in particular were discussed but the meeting comes after days of turbulence in the share price of regional banks and a plunge for Germany\u2019s biggest bank, Deutsche Bank. Treasury said regulators discussed ongoing efforts at agencies to monitor financial developments and also heard a presentation from staff at the New York Federal Reserve Bank on \u201cmarket developments.\u201d Link Copied! Stocks end Friday and the week higher despite lingering banking fears From CNN's Krystal Hur People pass the front of the New York Stock Exchange on March 21. (Peter Morgan/AP) Stocks closed higher Friday, recovering from earlier losses brought about by a plunge in Deutsche Bank stock. Shares of the German bank fell 8.5% after a surge in its bond insurances prices spiked investors\u2019 fears about the\n\nSource: https://www.ft.com/us-banks\nTitle: US banks\nContent: to the troubled $6tn commercial real estate market weighs heavily on regional and community banks Save Tuesday, 21 January, 2025 LexGoldman SachsBanks find new weapon in private markets fight: the org chart Premium contentGoldman Sachs is perhaps best placed to think more creatively about collaboration Save Tuesday, 21 January, 2025 JPMorgan Chase & CoUS banks in \u2018go-mode\u2019 under Trump, says JPMorgan executiveWall Street bets that new administration\u2019s lighter-touch regulatory regime will spur dealmaking Save Friday, 17 January, 2025 US equitiesUS stocks post best week since Donald Trump\u2019s election winEasing underlying US inflation pressures and strong bank earnings \u2018emboldened the bulls\u2019 on Wall Street Save Friday, 17 January, 2025 On Wall StreetCraig CobenHow the bonus season unfoldsThe past dramas of \u2018comp days\u2019 have given way to more sanitised procedures Save Friday, 17 January, 2025 Biggest US banks notch up $142bn in profits in blockbuster 2024Robust performance in trading and\n\nSource: https://www.cnn.com/business/live-news/stock-market-bank-crisis-fed-rate-news-03-24-23/index.html\nTitle: Live updates: Latest on global markets and banking crisis | CNN Business\nContent: Latest on global markets and banking crisis By Krystal Hur and Nicole Goodkind, CNN Business Updated 5:59 PM EDT, Fri March 24, 2023 Link Copied!\nLatest on global markets and banking crisis\nLatest on global markets and banking crisis\nBy Krystal Hur and Nicole Goodkind, CNN Business Updated 5:59 PM EDT, Fri March 24, 2023 Link Copied!\nBy Krystal Hur and Nicole Goodkind, CNN Business Updated 5:59 PM EDT, Fri March 24, 2023\nBy Krystal Hur and Nicole Goodkind, CNN Business Updated 5:59 PM EDT, Fri March 24, 2023\nBy Krystal Hur and Nicole Goodkind, CNN Business\nBy Krystal Hur and Nicole Goodkind, CNN Business\nUpdated 5:59 PM EDT, Fri March 24, 2023\nUpdated 5:59 PM EDT, Fri March 24, 2023\nVideo Ad Feedback Richard Quest explains what the Federal Reserve's latest rate hike decision means for consumers 01:21 - Source: CNN\nVideo Ad Feedback Richard Quest explains what the Federal Reserve's latest rate hike decision means for consumers 01:21 - Source: CNN\nVideo Ad Feedback\nVideo Ad Feedback\n\nSource: https://www.ft.com/us-banks\nTitle: US banks\nContent: US banks Add to myFT Friday, 31 January, 2025 Goldman SachsPutin allows Goldman Sachs to quit RussiaSale to Armenian investment fund comes almost three years after US investment bank pledged to leave Save Monday, 27 January, 2025 Citigroup IncCiti loses head of private banking unitIda Liu was one of few senior female executives below chief executive Jane Fraser Save Thursday, 23 January, 2025 JPMorgan Chase & CoJPMorgan lifts chief executive Dimon\u2019s pay by 8% to $39mnWall Street bank says increase reflects his \u2018stewardship of the firm\u2019 Save Thursday, 23 January, 2025 LexRegional US bank stocks are still in the doghouse Premium contentExposure to the troubled $6tn commercial real estate market weighs heavily on regional and community banks Save Tuesday, 21 January, 2025 LexGoldman SachsBanks find new weapon in private markets fight: the org chart Premium contentGoldman Sachs is perhaps best placed to think more creatively about collaboration Save Tuesday, 21 January, 2025 JPMorgan\n\nSource: https://www.ft.com/us-banks\nTitle: US banks\nContent: US banks Add to myFT Friday, 31 January, 2025 Goldman SachsPutin allows Goldman Sachs to quit RussiaSale to Armenian investment fund comes almost three years after US investment bank pledged to leave Save Monday, 27 January, 2025 Citigroup IncCiti loses head of private banking unitIda Liu was one of few senior female executives below chief executive Jane Fraser Save Thursday, 23 January, 2025 JPMorgan Chase & CoJPMorgan lifts chief executive Dimon\u2019s pay by 8% to $39mnWall Street bank says increase reflects his \u2018stewardship of the firm\u2019 Save Thursday, 23 January, 2025 LexRegional US bank stocks are still in the doghouse Premium contentExposure to the troubled $6tn commercial real estate market weighs heavily on regional and community banks Save Tuesday, 21 January, 2025 LexGoldman SachsBanks find new weapon in private markets fight: the org chart Premium contentGoldman Sachs is perhaps best placed to think more creatively about collaboration Save Tuesday, 21 January, 2025 JPMorgan\n\nSource: https://www.cnn.com/business/live-news/stock-market-bank-crisis-fed-rate-news-03-24-23/index.html\nTitle: Live updates: Latest on global markets and banking crisis | CNN Business\nContent: come under stress, the US banking system remains sound and resilient,\u201d the readout said. It\u2019s not clear which banks in particular were discussed but the meeting comes after days of turbulence in the share price of regional banks and a plunge for Germany\u2019s biggest bank, Deutsche Bank. Treasury said regulators discussed ongoing efforts at agencies to monitor financial developments and also heard a presentation from staff at the New York Federal Reserve Bank on \u201cmarket developments.\u201d Link Copied! Stocks end Friday and the week higher despite lingering banking fears From CNN's Krystal Hur People pass the front of the New York Stock Exchange on March 21. (Peter Morgan/AP) Stocks closed higher Friday, recovering from earlier losses brought about by a plunge in Deutsche Bank stock. Shares of the German bank fell 8.5% after a surge in its bond insurances prices spiked investors\u2019 fears about the state of the financial sector. All three major indexes rose to end the week. The Dow Jones\n\nSource: https://www.cnn.com/2024/02/02/economy/whats-going-on-with-bank-stocks/index.html\nTitle: What\u2019s really going on with bank stocks | CNN Business\nContent: Hot Stocks ----- is driving the US market\n----- is driving the US market\nSomething isn't loading properly. Please check back later.\nSomething isn't loading properly. Please check back later.\nBusiness / Economy\nWhat\u2019s really going on with bank stocks By Elisabeth Buchwald, CNN 3 minute read Updated 8:15 AM EST, Fri February 2, 2024 Link Copied!\nWhat\u2019s really going on with bank stocks\nWhat\u2019s really going on with bank stocks\nBy Elisabeth Buchwald, CNN 3 minute read Updated 8:15 AM EST, Fri February 2, 2024 Link Copied!\nBy Elisabeth Buchwald, CNN 3 minute read Updated 8:15 AM EST, Fri February 2, 2024\nBy Elisabeth Buchwald, CNN 3 minute read Updated 8:15 AM EST, Fri February 2, 2024\nBy Elisabeth Buchwald, CNN\nBy Elisabeth Buchwald, CNN\n3 minute read Updated 8:15 AM EST, Fri February 2, 2024\n3 minute read\nUpdated 8:15 AM EST, Fri February 2, 2024\n\nSource: https://www.cnn.com/business/live-news/stock-market-bank-crisis-fed-rate-news-03-24-23/index.html\nTitle: Live updates: Latest on global markets and banking crisis | CNN Business\nContent: banks and a plunge for Germany\u2019s biggest bank, Deutsche Bank. Treasury said regulators discussed ongoing efforts at agencies to monitor financial developments and also heard a presentation from staff at the New York Federal Reserve Bank on \u201cmarket developments.\u201d Link Copied!\n",
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        "output": "\ud83d\udcc3 Source: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: Services' 2025 industry outlooks collection Bank executives will be welcoming 2025 with mixed emotions, unsure how the year will unfold and reshape banks\u2019 fortunes. While inflationary pressures have subsided and interest rates are dropping, subpar economic growth, continuing geopolitical shocks, and regulatory uncertainty will likely give bank CEOs anxiety. Adapting to a low-growth, low-rate environment will be a challenge. But many will be happy to close the chapter on 2024, a year that was remarkable in many respects. The US economy will likely have performed better than expected in 2024, with annual GDP growth estimated to end at 2.7%,1 higher than forecast at the beginning of the year.2 However, in 2025, economic growth is expected to decelerate and interest rates to drop meaningfully. Deloitte\u2019s latest United States economic forecast anticipates a soft landing, with US GDP likely to grow at 1.5% in its baseline scenario.3 Moderating consumer spending, a rising unemployment rate,\n\nSource: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: Services' 2025 industry outlooks collection Bank executives will be welcoming 2025 with mixed emotions, unsure how the year will unfold and reshape banks\u2019 fortunes. While inflationary pressures have subsided and interest rates are dropping, subpar economic growth, continuing geopolitical shocks, and regulatory uncertainty will likely give bank CEOs anxiety. Adapting to a low-growth, low-rate environment will be a challenge. But many will be happy to close the chapter on 2024, a year that was remarkable in many respects. The US economy will likely have performed better than expected in 2024, with annual GDP growth estimated to end at 2.7%,1 higher than forecast at the beginning of the year.2 However, in 2025, economic growth is expected to decelerate and interest rates to drop meaningfully. Deloitte\u2019s latest United States economic forecast anticipates a soft landing, with US GDP likely to grow at 1.5% in its baseline scenario.3 Moderating consumer spending, a rising unemployment rate,\n\nSource: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: industry outlooks Read more from the Deloitte Center for Financial Services' 2025 industry outlooks collection Bank executives will be welcoming 2025 with mixed emotions, unsure how the year will unfold and reshape banks\u2019 fortunes. While inflationary pressures have subsided and interest rates are dropping, subpar economic growth, continuing geopolitical shocks, and regulatory uncertainty will likely give bank CEOs anxiety. Adapting to a low-growth, low-rate environment will be a challenge. But many will be happy to close the chapter on 2024, a year that was remarkable in many respects. The US economy will likely have performed better than expected in 2024, with annual GDP growth estimated to end at 2.7%,1 higher than forecast at the beginning of the year.2 However, in 2025, economic growth is expected to decelerate and interest rates to drop meaningfully. Deloitte\u2019s latest United States economic forecast anticipates a soft landing, with US GDP likely to grow at 1.5% in its baseline\n\nSource: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: investments should keep expenses elevated.Credit quality is expected to normalize but could edge higher in 2025. Financial services industry outlooks Read more from the Deloitte Center for Financial Services' 2025 industry outlooks collection Bank executives will be welcoming 2025 with mixed emotions, unsure how the year will unfold and reshape banks\u2019 fortunes. While inflationary pressures have subsided and interest rates are dropping, subpar economic growth, continuing geopolitical shocks, and regulatory uncertainty will likely give bank CEOs anxiety. Adapting to a low-growth, low-rate environment will be a challenge. But many will be happy to close the chapter on 2024, a year that was remarkable in many respects. The US economy will likely have performed better than expected in 2024, with annual GDP growth estimated to end at 2.7%,1 higher than forecast at the beginning of the year.2 However, in 2025, economic growth is expected to decelerate and interest rates to drop meaningfully.\n\nSource: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: investments should keep expenses elevated.Credit quality is expected to normalize but could edge higher in 2025. Financial services industry outlooks Read more from the Deloitte Center for Financial Services' 2025 industry outlooks collection Bank executives will be welcoming 2025 with mixed emotions, unsure how the year will unfold and reshape banks\u2019 fortunes. While inflationary pressures have subsided and interest rates are dropping, subpar economic growth, continuing geopolitical shocks, and regulatory uncertainty will likely give bank CEOs anxiety. Adapting to a low-growth, low-rate environment will be a challenge. But many will be happy to close the chapter on 2024, a year that was remarkable in many respects. The US economy will likely have performed better than expected in 2024, with annual GDP growth estimated to end at 2.7%,1 higher than forecast at the beginning of the year.2 However, in 2025, economic growth is expected to decelerate and interest rates to drop meaningfully.\n\nSource: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: Bank executives will be welcoming 2025 with mixed emotions, unsure how the year will unfold and reshape banks\u2019 fortunes. While inflationary pressures have subsided and interest rates are dropping, subpar economic growth, continuing geopolitical shocks, and regulatory uncertainty will likely give bank CEOs anxiety. Adapting to a low-growth, low-rate environment will be a challenge. But many will be happy to close the chapter on 2024, a year that was remarkable in many respects. The US economy will likely have performed better than expected in 2024, with annual GDP growth estimated to end at 2.7%,1 higher than forecast at the beginning of the year.2 However, in 2025, economic growth is expected to decelerate and interest rates to drop meaningfully. Deloitte\u2019s latest United States economic forecast anticipates a soft landing, with US GDP likely to grow at 1.5% in its baseline scenario.3 Moderating consumer spending, a rising unemployment rate, and weak business investment could dampen\n\nSource: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: Bank executives will be welcoming 2025 with mixed emotions, unsure how the year will unfold and reshape banks\u2019 fortunes. While inflationary pressures have subsided and interest rates are dropping, subpar economic growth, continuing geopolitical shocks, and regulatory uncertainty will likely give bank CEOs anxiety. Adapting to a low-growth, low-rate environment will be a challenge. But many will be happy to close the chapter on 2024, a year that was remarkable in many respects. The US economy will likely have performed better than expected in 2024, with annual GDP growth estimated to end at 2.7%,1 higher than forecast at the beginning of the year.2 However, in 2025, economic growth is expected to decelerate and interest rates to drop meaningfully. Deloitte\u2019s latest United States economic forecast anticipates a soft landing, with US GDP likely to grow at 1.5% in its baseline scenario.3 Moderating consumer spending, a rising unemployment rate, and weak business investment could dampen\n\nSource: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: Bank executives will be welcoming 2025 with mixed emotions, unsure how the year will unfold and reshape banks\u2019 fortunes. While inflationary pressures have subsided and interest rates are dropping, subpar economic growth, continuing geopolitical shocks, and regulatory uncertainty will likely give bank CEOs anxiety. Adapting to a low-growth, low-rate environment will be a challenge. But many will be happy to close the chapter on 2024, a year that was remarkable in many respects. The US economy will likely have performed better than expected in 2024, with annual GDP growth estimated to end at 2.7%,1 higher than forecast at the beginning of the year.2 However, in 2025, economic growth is expected to decelerate and interest rates to drop meaningfully. Deloitte\u2019s latest United States economic forecast anticipates a soft landing, with US GDP likely to grow at 1.5% in its baseline scenario.3 Moderating consumer spending, a rising unemployment rate, and weak business investment could dampen\n\nSource: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: Bank executives will be welcoming 2025 with mixed emotions, unsure how the year will unfold and reshape banks\u2019 fortunes. While inflationary pressures have subsided and interest rates are dropping, subpar economic growth, continuing geopolitical shocks, and regulatory uncertainty will likely give bank CEOs anxiety. Adapting to a low-growth, low-rate environment will be a challenge. But many will be happy to close the chapter on 2024, a year that was remarkable in many respects.\nThe US economy will likely have performed better than expected in 2024, with annual GDP growth estimated to end at 2.7%,1 higher than forecast at the beginning of the year.2\n\nSource: https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html\nTitle: 2025 banking industry outlook | Deloitte Insights\nContent: How\u2014and to what extent\u2014will macroeconomic shifts impact US banks in 2025? Key messages: Macroeconomic and geopolitical uncertainties should keep bank executives on their toes.Higher deposit costs will keep net interest income in check.Noninterest income could offer a bright spot for topline growth.Higher compensation expenses and technology investments should keep expenses elevated.Credit quality is expected to normalize but could edge higher in 2025.\nHow\u2014and to what extent\u2014will macroeconomic shifts impact US banks in 2025? Key messages: Macroeconomic and geopolitical uncertainties should keep bank executives on their toes.Higher deposit costs will keep net interest income in check.Noninterest income could offer a bright spot for topline growth.Higher compensation expenses and technology investments should keep expenses elevated.Credit quality is expected to normalize but could edge higher in 2025.\n",
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