Media – Blog

Inflation, it’s all the rage in financial market commentary of late. After being dormant for the better part of a decade, the CPI came roaring back to life in April, with the headline index posting a 4.2% year-over-year rise and the core index posting a 3% increase. This has resulted

The COVID-19 pandemic produced the first major test for the U.S. banking system since the 2008 global financial crisis. At the start of the pandemic, questions were posed about how bank balance sheets would hold up amidst a period of social isolation, lockdowns, elevated job losses and a severe contraction

While most major integrated oil and gas companies have expressed alignment with the Paris Agreement, efforts made by U.S. players have fallen short in comparison to their European counterparts. Despite some players still dragging their feet in their sustainability efforts, governments, world organizations and financial institutions continue to pressure companies

The Federal Reserve held its first meeting of the new year and affirmed their commitment to a near zero interest rate environment, saying “The pace of the recovery in economic activity and employment has moderated in recent months, with weakness concentrated in the sectors most adversely affected by the pandemic.”

The Federal Reserve held its last meeting of the year this week and to no one’s surprise, it left the overnight lending rate unchanged at the 0.00% to 0.25% range. As it wraps up a tumultuous 2020 and looks forward to the new year, the Fed is focused on supporting