The University of Michigan Consumer Sentiment Index increased 3.3% in March compared to the month prior, landing at 79.4, according to final results for the month. The March figure was up 28.1% from a year ago. The current conditions component of the index increased 3.9% from the month prior, landing at 82.5, while the consumer expectations index rose 2.9% to 77.4.
Lawmakers seek study of bank-fintech partnerships
Lawmakers in the House and Senate have introduced legislation to require banking agencies to study partnerships between financial technology companies and small- to medium-sized banks and credit unions to see how such arrangements could improve communities.









