Podcast: Understanding how monetary policy shapes SOFR

The rate for a 30-year fixed-rate mortgage was 7.4% this week. The rate for a 15-year fixed-rate mortgage was 6.71%.

Two Federal Reserve districts reported moderate growth in economic activity, three districts reported modest growth, four reported slight growth and three reported no significant change.

The Producer Price Index for final demand increased 1.3% in September, seasonally adjusted, according to the U.S. Bureau of Labor Statistics report

This month's retail sales report highlights the continued resilience of consumers despite inflationary pressures weighing on purchasing power.

Agriculture has never been for the faint of heart — but in an environment where global trade policy is changing rapidly, how can ag bankers help position their producers to weather the changes?

The ABA Office of the Chief Economist believes that the hot CPI reading in September shows no alleviation of the affordability pressures households face. This could be a headwind for loan demand, particularly for interest rate sensitive products such as...