Podcast: From Financial Crisis to Digital Transformation

Consumer inflation expectations in February declined at the short-term horizon and remained unchanged at the medium- and longer-term horizons, the Federal Reserve Bank of New York reported in its most recent Survey of Consumer Expectations.

The Treasury Department recently announced the publication of three reports on efforts to combat financial crimes. It also released a report to Congress on technologies that financial institutions use to counter illicit finance involving digital assets.

The White House released its strategy for securing the nation’s infrastructure and private sector against cyber threats.

Consumer credit increased at a seasonally adjusted annual rate of 1.9% in January, with revolving and nonrevolving credit increasing 4.3% and 1.1%, respectively, according to the Federal Reserve.

While credit conditions are expected to continue softening over the next six months as the labor market faces challenges, they will hold relatively steady, according to ABA’s latest Credit Conditions Index.

Following the outbreak of conflict with Iran, crude oil prices, driven by global supply and demand, have risen 30% over the past week.