Podcast: Understanding how monetary policy shapes SOFR

Most members of the Federal Open Market Committee believe they may need to raise the target range for the federal funds rate a second time before the end of the year, although that decision will depend on further...

Consumer inflation expectations in September increased at the short- and medium-term horizons and remained unchanged at the longer-term horizon, the Federal Reserve Bank of New York said in its most recent Survey of Consumer Expectations.

Double-digit shares of community bankers intend to offer tokenized deposits and stablecoin solutions within the next 12 months, according to the Conference of State Bank Supervisors' 2026 community bank survey released today. 

For banks, although price pressures remain, a strong services sector and a stable labor market should continue to support credit performance and consumer spending. 

As mortgage rates rise, the “lock-in effect” is likely to intensify as more homeowners are discouraged from moving or buying another home, contributing to weaker existing home sales

While the unemployment rate remains relatively low, a continued deterioration in labor market conditions could lead to some weakening in overall credit performance in the months ahead.