Fed’s Miran: Stablecoins pose little risk to bank deposits
Passage of a new regulatory framework for stablecoins likely won’t lead to a flood of bank customers pulling their money...
Economy
Fed: Policy uncertainty, AI sentiment pose financial stability risks
Policy uncertainty remains a top risk to U.S. financial stability, with public sentiment about artificial intelligence emerging as another risk,...
Consumer credit increased in September
Consumer credit increased at a seasonally adjusted annual rate of 2.7% in September. Total outstanding credit increased to $5.0766 trillion...
ABA DataBank: Mortgage rate discounts not helping new home sales
Homebuilders continue to face weak demand despite offering attractive mortgage rates, indicating that lower interest rates alone won’t revive the...
Preliminary: Consumer sentiment decreased 3.3 points in November
The University of Michigan Consumer Sentiment Index decreased 6.2% in November compared to the month prior, landing at 50.3, according...
New York Fed: Inflation expectations slightly mixed
Consumer inflation expectations in October decreased at the short-term horizon and remained unchanged at the medium- and longer-term horizons, the...
New York Fed: Total household debt hit $18.59T in Q3
Total household debt increased by $197 billion to $18.59 trillion in the third quarter of 2025, according to the latest...
ISM: Service sector expanded in October
Economic activity in the services sector returned to expiation territory in October. The ISM Services Index indicated expansion at 52.4%,...
ADP: 42,000 jobs added in October
The nonfarm private sector added 42,000 jobs in October, and annual pay was up 4.5% year-over-year, according to the ADP...
BIS urges central banks to reconsider approach to AI
Central banks and other supervisory and regulatory authorities need to “raise their game” both as observers of the effects of...
