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.
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.
March 25, 2024
New Phone System & Unintended Interruptions
Please rest assured that these phone issues have no impact on the ongoing strength and stability of Commercial Bank of California.
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.
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.
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.
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
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!
February 12, 2024
Equity Market and Interest Yields Rising, as Rate Cut Expectations Fade Away
The resilient economic growth and cooling inflation are expected to continue, subject to potential downside risks such as supply chain disruption and inflation resurgence due to geopolitical issues.
February 7, 2024
Tax Season Tips: Be Aware of These Common Tax Scams
With tax season upon us, here are several tips from our Information Security team to protect your business and your family.
