CoBank Quarterly: Sticky Inflation Puts Federal Reserve on the Horns of a Dilemma Lower interest rates are coming, but the Fed will err on the side of caution DENVER (April 11, 2024)—Strong labor and consumer spending metrics have led most market participants to dismiss earlier recession concerns, but there are still some worrying…
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CoBank Quarterly: Resilient Labor Market Delays Inevitable U.S. Economic Slowdown Persistent inflation suggests an additional rate hike in May is likely before the Federal Reserve pauses DENVER (April 6, 2023)—Turmoil in the commercial banking sector over the past month has created a new and unpredictable variable in the U.S. economic outlook. For now, the…
Pidgin Partners with Community Bankers’ Bank to Facilitate Faster Payments Across Network of Independent Community Banks Community Bankers’ Bank is the latest institution to join Pidgin’s growing roster of correspondent bank clients ATLANTA, Feb. 21, 2023 – Pidgin, a secure real-time payments platform built for the future of payments, announced that Community Bankers’ Bank (CBB) is extending the…