Fed Hikes 25 Basis Points, Projects Another Hike in 2026: Do Prediction Markets Agree?
The Fed raised rates 25 basis points as 16 of 18 policymakers projected at least one more increase before year-end.
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https://www.bloomberg.com/news/articles/2026-08-24/jpmorgan-santander-lead-financing-of-up-to-15-billion-for-argentina-lng-deal
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The Fed raised rates 25 basis points as 16 of 18 policymakers projected at least one more increase before year-end.
PNC Financial Services Group is experiencing strong momentum in its fee businesses, particularly capital markets, which saw revenues jump 65.9% year-over-year in H1 2026. Driven by robust M&A activity and advisory demand, PNC raised its 2026 non-interest income growth outlook to approximately 9% from 6%. The company's Harris Williams investment-banking unit is on track for a record year, supported by strategic acquisitions that expanded its capabilities.
Bitcoin could rally above $82,000 if the Fed surprises markets with a rate hold, as traders expect a 25-basis-point hike.
JPMorgan CIB head Doug Petno projects strong Q3 IB fee growth and sees few systemic red flags in the U.S. economy.
Santander's executive chair Ana Botín highlighted the bank's commitment to Chile at ChileDay Madrid 2026, announcing an $800 million three-year investment plan focused on technology transformation, branch network evolution, and Campus Santander development. The plan includes the acquisition of a life annuity business and aims to leverage AI and digital innovation to enhance customer experience while maintaining physical presence through WorkCafé locations.
Grupo Aeroportuario del Pacífico (GAP) has secured Ps. 8,000 million in credit facilities from major banks including Santander, BBVA, HSBC, J.P. Morgan, and Scotiabank. The funds will be used to refinance maturing debt certificates (Ps. 4,258 million) and finance capital expenditures (Ps. 3,742 million) for its 12 Mexican airports and Jamaican operations. The facilities carry floating interest rates based on TIIE plus 45 basis points with terms of 6-12 months.