In its statement Wednesday, the Fed removed a reference to being "patient" about adjusting rates. That suggested that the Fed is now inclined to begin cutting rates for the first time in more than a decade. It remains unclear when that might happen.
The bank will use the three-story building that fronts Monument Circle for lending offices and a branch location. The magazine's staff plans to move into the adjacent headquarters for Emmis Communications.
A year after the release of the fifth and final phase of its financial-software platform, Carmel-based Baker Hill is experiencing significant growth, which CEO John M. Deignan says should continue for several years.