Big Banks Have Mixed Results After Sweeping Tax Reform
Ken Leon, Global Director of Research and Industry Analyst at CFRA, explains how the new tax reform is impacting big banks. In 2018, the tax rate will decrease to about 19 percent.
For full interview [click here](https://cheddar.com/videos/big-banks-could-be-headed-for-big-gains).
The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. But Fed officials also signaled that they expect to raise rates once more this year.
