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US Bancorp USB

Alternate Symbol(s):  USB.PR.A | USB.PR.H | USB.PR.R | USB.PR.S

Financial Services
U.S. Bancorp is a financial service holding company. The Company’s major lines of business are Wealth, Corporate, Commercial and Institutional Banking, Consumer and Business Banking, Payment Services, and Treasury and Corporate Support. The Company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and ATM processing, and others. Its banking subsidiary, U.S. Bank National Association (USBNA), is engaged in the banking business, principally in domestic markets. USBNA provides a range of products and services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions. Its non-banking subsidiaries offer investment and insurance products to the Company’s customers principally within its domestic markets, and fund administration services to a range of mutual and other funds.


NYSE:USB - Post by User

US Bancorp
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Post by Betteryear2on Sep 18, 2024 8:48pm
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Post# 36230190

Fed Rate Cut Is Here: Why the Next Few Months Are So Crucial

Fed Rate Cut Is Here: Why the Next Few Months Are So Crucial
Sep 18, 2024

The Federal Reserve reduced its benchmark interest rate for the first time since 2020, a key shift in its fight against inflation as concerns center around the labor market. While prices have cooled, an uptick in unemployment has reignited warnings of a recession. Regardless of the Fed’s decision about rate cuts, a lot remains at stake for the economy and Fed Chair Jerome Powell in the months ahead.

The Fed Rate Cut Is Here: Why the Next Few Months Are So Crucial | WSJ - YouTube
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