Podcast: Why corporate clients are pushing for more instant payment capabilities

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.

ABA’s Economic Advisory Committee expects the U.S. economy to continue expanding through the remainder of 2026 and into 2027. The committee's latest forecast also expects inflation to remain above the Federal Reserve’s 2% target due in part to...

This month’s job loss is evidence that the labor market is continuing to cool. The broad slowdown in hiring and the uptick in unemployment point to easing labor demand.

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%.