Hong Kong

2024-12-25 11:39

IndustryDecember 25 Financial picks
Major banks are planning to Sue over the Federal Reserve's annual bank stress tests, according to people familiar with the matter. A lawsuit is expected to be filed this week, possibly as soon as Tuesday morning, the person said. The Atlanta Fed's GDPNow model expects fourth-quarter GDP growth to come in at 3.1%, compared with a previous estimate of 3.1%. Mexico's central bank deputy governor Heath said the benchmark rate could be between 8% and 8.5% by the end of 2025.
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December 25 Financial picks
Hong Kong | 2024-12-25 11:39
Major banks are planning to Sue over the Federal Reserve's annual bank stress tests, according to people familiar with the matter. A lawsuit is expected to be filed this week, possibly as soon as Tuesday morning, the person said. The Atlanta Fed's GDPNow model expects fourth-quarter GDP growth to come in at 3.1%, compared with a previous estimate of 3.1%. Mexico's central bank deputy governor Heath said the benchmark rate could be between 8% and 8.5% by the end of 2025.
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