The University of Michigan Consumer Sentiment Index increased 1.6% in September compared to the month prior, landing at 69, according to preliminary results for the month. The September figure was up 1.8% from a year ago. The current conditions component of the index rose 2.6% from the month prior, landing at 62.9, while the consumer expectations index rose 1.2% to 73.
ABA, BPI seek suspension of FDIC signage rule compliance deadline
ABA and the Bank Policy Institute are urging the FDIC to stay the pending compliance date for its revised signage rules after the agency announced plans to make further changes to the requirements.