Consumer sentiment rose 3.7% from the previous month in December to land at 52.9, but was down 28.5% from a year ago, according to final results from the University of Michigan Consumer Sentiment Index. The current conditions index fell 1.4% from the prior month to 50.4. The consumer expectations index rose 7.1 to 54.6.
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.









