The University of Michigan Consumer Sentiment Index increased 16.3% in June compared to the month prior, landing at 60.7, according to final results for the month. The June figure was down 11% from a year ago. The current conditions component of the index rose 10% from the month prior, landing at 64.8, while the consumer expectations index increased 21.3% to 58.1.
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.









