We Were Economic First Responders: The Podcast

The current expected credit loss framework should be simplified. There are other ways to improve it, too.

Consumer sentiment decreased 3.9 points month-over-month in September to 47.8, and is down 7.3 points from one year ago, according to preliminary results of the University of Michigan Surveys of Consumers.

Recent hiring gains have been overwhelmingly concentrated among women, who accounted for roughly 98% of jobs added in August and 93% of jobs added since the beginning of 2025.

Continuing inflationary pressure could weigh on consumer and business sentiment, erode purchasing power and dampen real economic growth. This could be a headwind for loan demand, particularly for interest rate-sensitive products such as mortgages and auto loans.

The federal banking agencies announced they are raising the asset threshold that certain banks must fall under to qualify for an extended 18-month examination schedule rather than a 12-month schedule.

The Producer Price Index for final demand increased 0.4% in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.