The University of Michigan Consumer Sentiment Index decreased 4.9% in November compared to the month prior, landing at 51, according to final results for the month. Sentiment was down 29% year over year. The current conditions index fell 12.8% from the month prior to 51.1. The index of consumer expectations rose 1.4% from the month prior to land at 51.
ABA, state bankers associations offer recommendations for CRA rules revisions
As banking agencies consider amending the regulations that implement the Community Reinvestment Act, they should preserve the broader framework while making changes to better tailor supervision, increase regulatory thresholds and focus on lending, ABA and 45 state bankers...









