Banks’ earning boost fade awayJustin Jungwoo LeeJan 13, 20191 min readwww.wsj.com/articles/tax-cut-helped-banks-earnings-growthbut-not-for-much-longer-11547388001Thanks to Trump administration’s tax cut, US banks record higher earnings in the first 3 quarters in 2018. However, such one-time tailwind would wane away.#Banking #TaxCut #USEconomy
The Fed at a Crossroads: Inside the Powell vs. Waller Divide over a September Rate CutA debate unfolding in the 12th-floor boardroom of the Federal Reserve building in Washington is shaping the fate of global financial...
Comments