Podcast: Understanding how monetary policy shapes SOFR

Construction spending during December 2025 was estimated at a seasonally adjusted annual rate of $2.17 trillion, which was 0.3% above the previous month’s estimate of $2.16 trillion

The Producer Price Index for final demand increased 0.5% in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. On an unadjusted basis, the index for final demand rose 2.9% for the 12 months ending in January.

The Treasury yield curve has flattened modestly to begin 2026. Year-to-date, yields on 1-year Treasuries have risen 4 basis points (bps), while the 10-year yield has declined 16 bps.

Lawmakers in the Senate and House have introduced bipartisan legislation to eliminate a regulatory hurdle for Federal Home Loan Bank member institutions when seeking to fund community development projects.

Most small businesses are already using AI in some form and expect it to deliver meaningful productivity gains and lower labor costs, according to a new survey by Tri Counties Bank in Chico, California.

The FDIC also said that the banking industry reported full-year net income of $295.6 billion in 2025, up $27.5 billion, or 10.2%, from 2024.