![computer chip](https://cbcal.com/wp-content/uploads/2024/07/mathew-schwartz-iGheu30xAi8-unsplash-1170x500.jpg)
July 19, 2024
We’re Minimally Impacted By Microsoft Global Outage
All bank funds and functions are safe and working as usual. However we are not able to log into out Microsoft PC computers.
![community bank of the bay's headquarters in oakland CA](https://cbcal.com/wp-content/uploads/2024/05/CBBOakland-1.jpeg)
May 20, 2024
CBC Bancorp Announces the Acquisition of Bay Community Bancorp
CBC Bancorp, the holding company for Commercial Bank of California (CBC), announces it has entered into a definitive acquisition agreement with Bay Community Bancorp (OTC Pink: CBOBA), the holding company for Community Bank of the Bay (CBB).
![a bunch of men sit around a desk collaborating, casually dressed](https://cbcal.com/wp-content/uploads/2024/04/austin-distel-mpN7xjKQ_Ns-unsplash-1170x500.jpg)
April 16, 2024
The Pace of Disinflation is Stalled, Pushing Back the First Rate Cut Expectation Beyond June
The two weeks since our last Economic Review have been busy ones for economic news, and that news has not been good for those hoping for Federal Reserve action to reduce interest rates in the near term.
![ash patel leans on the vault door looking to the future](https://cbcal.com/wp-content/uploads/2024/03/Ash-Headshot_vault-cropped-1170x500.jpg)
March 26, 2024
Ash Patel Named Visionary in 2024 L.A. Times Publishing’s Banking & Finance Magazine
Ash Patel, chairman of the board, CEO & president of Commercial Bank of California was recognized by L.A. Times B2B Publishing’s Banking & Finance Magazine as a Visionary.
![looking up at the outside of a financial institution](https://cbcal.com/wp-content/uploads/2024/01/etienne-martin-2_K82gx9Uk8-unsplash-1170x500.jpg)
March 26, 2024
FOMC meeting: Reiterating Data Dependency & Reinforcing a Higher-For-Longer Rate Reality
Read our insight on the data from last week’s FOMC meeting where the Fed opted to keep interest rates unchanged, but confirmed cuts this year.
![airline workers unload luggage](https://cbcal.com/wp-content/uploads/2024/03/calle-macarone-D7rdbx8w6Og-unsplash-e1710890037300-800x500.jpg)
March 18, 2024
Core Inflation Exceeded Expectations for The Last Two Months – Stickier Than Expected
For now, the inflation news appears to be outweighing softening employment in terms of market impact. Let’s review some of the more significant economic data released last week.
![looking up at the outside of a financial institution](https://cbcal.com/wp-content/uploads/2024/01/etienne-martin-2_K82gx9Uk8-unsplash-1170x500.jpg)
March 15, 2024
Consejos Para la Temporada de Impuestos: Ten Cuidado Con Estos Fraudes Fiscales Comunes
Con la temporada de impuestos sobre nosotros, aquí tienes varios consejos de nuestro equipo de Seguridad de la Información para proteger tu negocio y tu familia.
![tech company employees sit around a table working on their laptops](https://cbcal.com/wp-content/uploads/2024/03/annie-spratt-QckxruozjRg-unsplash-1000x500.jpg)
March 11, 2024
What a Difference a Week Makes: Soft February Employment Data Reignites Rate Cut Hopes
Our insight on the economic data from the week of March 4 shows adjusted employment data, changes in inflation and consumer spending.
![bull sculpture](https://cbcal.com/wp-content/uploads/2024/03/hans-eiskonen-wn57cSQ7VzI-unsplash-1170x500.jpg)
March 4, 2024
Both Fed Chair Powell and Berkshire Hathaway Chair Buffett Agree – Patience Pays
Last week, all eyes were on the Personal Consumption Expenditures (PCE) inflation index for Jan-uary. Besides the inflation report, other meaningful economic data was released, and we saw the S&P 500 and NASDAQ hit all-time highs last Friday. Many of us also read Warren Buffett’s annual letter to Berkshire Hathaway shareholders, with its timeless investment wisdom. Let’s review some of the important economic data released last week
![a row of hanger at a retail store](https://cbcal.com/wp-content/uploads/2024/02/artificial-photography-vB5qtt8X4NA-unsplash-1170x500.jpg)
February 27, 2024
Strong Retail & Wholesale Inflation Data: Don’t Hold Your Breath on Rate Cuts Any Time Soon!
Once again, we had conflicting economic data during the week of February 12th – consumer and wholesale prices jumped in January, while in the same month retail sales dropped more than expected. What does all this mean? Read more!