The University of Michigan Consumer Sentiment Index increased 3.1% in September compared to the month prior, landing at 70.1, according to final results for the month. The September figure was up 3.4% from a year ago. The current conditions component of the index rose 3.3% from the month prior, landing at 63.3, while the consumer expectations index increased 3.2% to 74.4.
ABA, associations reaffirm support for federal preemption of Illinois interchange law
ABA joined other national associations and state bankers associations in submitting a trio of letters expressing their support for recent actions by the OCC to reaffirm federal preemption of state attempts to regulate interchange fees, as in Illinois.









