Community bank income fell in Q3

Net income at FDIC-insured community banks fell nearly 5 percent to $6.7 billion during the third quarter, according to the agency’s Quarterly Banking Profile.  [Continue]

Waller sees progress in inflation fight

Federal Reserve Gov. Christopher Waller said significant progress has been made to bring inflation down to its 2 percent long-term target but isn’t committing to a firm date to begin reducing interest rates.  [Continue]