Five Questions With John Kirkwood
Five Questions With John Kirkwood John Kirkwood recently joined Brookline Bank as Director of the Commercial Markets Payments Group. With more than 25 years of foreign exchange experience, he brings a specialized focus in corporate FX trading and payment processing. Prior to joining the Bank, John was co-founder and owner of Commonwealth Foreign Exchange, Inc. […]
Economic News – September 2024
(Printable PDF) Rate Cuts Are On The Way For the first week of the month, it looked like we were entering the time-honored “dog days of August”, that foreboding mindset people get when they feel stuck in the mud and sense that things just aren’t going right. The first inkling of the blahs was delivered […]
Five Questions With Tom Smith
Five Questions With Tom Smith Tom Smith joined Brookline Bank in December of 2015 and has over 25 years of Business Banking experience. He is a Senior Vice President and serves as the bank’s Business Banking Team Leader. His career has focused on building strong relationships with business clients while helping them grow and ranges […]
Economic News – August 2024
(Printable PDF) Mission Accomplished? In the spring of 2022, the Federal Reserve embarked on a mission to wrestle inflation under control without cratering the economy. At the time, the Fed’s preferred inflation measure, the core Personal Consumption Deflator, was increasing at a 5.5 percent rate and the unemployment rate stood at 3.6 percent. Over the […]
Mentoring Women: A Follow-Up
Mentoring Women: A Follow-Up Recently, three senior leaders from Brookline Bank participated in a networking event to help mentor other women in the financial services industry: SVP & CRA Officer Jane Adler, VP & Senior Credit Officer Monica Paez, and SVP & Director of Corporate Credit Policy Maureen McCarthy. Mentoring is a passion for these […]
Economic News – July 2024
(Printable PDF) The Wait Time for Rate Cuts is Getting Shorter It’s a long way to Christmas, but with a nod to that beloved holiday ballad, it’s beginning to look a lot like a soft landing. Federal Reserve Chair, Jerome Powell, may soon be singing the praises for the way the economy is performing. True, […]
Economic News – June 2024
(Printable PDF) Perception Versus Reality For economists and policy makers, waiting for inflation to subside is like waiting for Godot. But that time may finally have arrived, as the consumer price index rose less than expected in April. It was the first time this year that inflation did not surprise on the upside, giving hope […]
Economic News – May 2024
(Printable PDF) Sticky Inflation Keeps Rates Higher for Longer Has the Fed thrown in the towel? That’s the question investors are grappling with; and those who think they know the answer are being deceived. At the start of the year, the odds-on bet was that the central bank was poised to cut interest rates, a […]
Economic News – April 2024
(Printable PDF) Noisy Data Complicates Fed Policy With a presidential election looming, geopolitical tensions escalating, and a central bank considering a major shift in its policy stance, 2024 looks to be an eventful year with a wide range of possible outcomes. So far, the financial markets are taking a “what, me worry?” attitude, as stock […]
Economic News – March 2024
(Printable PDF) No Rush to Cut Rates January tends to be an ornery month for economists, and the calendar did not disappoint this year. In the closing months of 2023, it appeared that a Goldilocks economy was unfolding, one that featured a cooling, but still solid, pace of economic activity amid a steady decline in […]
Economic News – February 2024
(Printable PDF) No Quit in This Economy 2023 ended on a high note, punctuated by sharp rallies in both the stock and bond markets, tangible evidence that the economy is on a steady disinflationary growth path, and strong indications that the Fed is poised to cut rates in 2024. The soft-landing scenario that most economists […]
Five Questions With Sean McGrath
Five Questions With Sean McGrath Sean McGrath serves Brookline Bank as a Vice President in the Commercial Banking Group. He joined Brookline in April 2018. Sean has a background in designing and implementing financing and deposit strategies for insurance carriers and agencies. He is a licensed Massachusetts Property & Casualty Insurance Advisor and Commercial Lines […]