FOMC once again holds rates steady
The Federal Open Market Committee announced that it will hold the target range for the federal funds rate at 4.25%-4.5%.
Economy
Housing starts dip in May
Privately-owned housing units authorized by building permits in May increased to a seasonally adjusted annual rate of 1.393 million, according...
Business inventories flat in April
Business inventories in April came in at $2.66 trillion, virtually unchanged from the month prior and up 2.2% from a...
Industrial production fell in May
Industrial production decreased 0.2% in May from the previous month, the Federal Reserve reported.
Home builder confidence declines in June
Builder confidence in the market for single-family homes in June was 32, down from 34 the previous month, according to...
Retail sales fall in May
Retail and food service sales for May were $715.4 billion, down 0.9% from the previous month, the Commerce Department said...
ABA DataBank: May inflation cooler than expected, but still above Fed’s 2% target
With many economists expecting inflation to spike following the implementation of reciprocal tariffs, the headline Consumer Price Index rose 2.4%...
Preliminary: Consumer sentiment rose 8.3 points in June
The University of Michigan Consumer Sentiment Index increased 15.9% in June compared to the month prior, landing at 60.5, according...
Producer Price Index increased in May
The Producer Price Index for final demand edged up 0.1% in May, seasonally adjusted, the U.S. Bureau of Labor Statistics...
ABA experts see reasons for optimism amid economic, regulatory uncertainty
The Trump administration has rolled back a broad range of banking guidance and regulatory proposals made in the last few...
