N.Y. Fed: Consumers Anticipate Higher Spending Growth, Lower Income

Financial institutions should treat an eligible tokenized security in the same manner as the non-tokenized form of the security under the capital rule, the Federal Reserve, FDIC and OCC said in a new FAQ.

The rate for a 30-year fixed-rate mortgage was 6% this week. The rate for a 15-year fixed-rate mortgage was 5.43%.

Overall economic activity increased at a slight to moderate pace in seven of the 12 Federal Reserve districts in the opening months of 2026, while the number of districts reporting flat or declining activity increased from four to...

The ABA Foundation joined with multiple federal agencies to release a new infographic designed to help consumers identify and avoid increasingly sophisticated imposter scams.

The ABA Foundation launched the Rebuild Right: Safe Credit Recovery and Responsible Debt Solutions campaign, a new national initiative designed to empower consumers to rebuild credit responsibly and avoid harmful financial pitfalls.

Warning that banks cannot fight scams alone, bankers told House lawmakers that federal agencies need to better coordinate their efforts to mitigate the problem and that social media providers and other technology providers also need to do their...