The FDIC released guidance today with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of New Mexico affected by the South Fork and Salt fires, and areas of Iowa affected by severe storms and tornadoes. The agency encouraged banks in affected areas to work constructively with borrowers experiencing difficulties due to the wildfires and severe weather, including extending repayment terms, restructuring existing loans or easing terms for new loans. The agency also said it would consider relief from certain filing and publishing requirements.
ABA DataBank: Rates and oil diverge
Oil prices have largely returned to early-2026 levels. In contrast, the implied yield on the Fed Funds Futures December 2026 contract is up 80 basis points from a year ago, suggesting a broader range of risks and uncertainty...









