By Michael Gerbick; President, Young & Associates On Wednesday, January 29, 2025, Jerome Powell and the Federal Open Market Committee (FOMC) decided to maintain the target range for the federal...
By Michael Gerbick, President, Young & Associates On Thursday, November 7, 2024, Jerome Powell and the FOMC (Federal Open Market Committee) announced a 25 basis point (bp) interest rate reduction...
By Jerry Sutherin, CEO at Young & Associates Despite having limited requirements as defined by interagency guidance, the case can be made for requiring community financial institutions to have regular...
By: Michael Gerbick, President at Young & Associates Interest rate risk (IRR) is the exposure of a bank or credit union’s current or future earnings and capital to adverse changes...
