The University of Michigan Consumer Sentiment Index increased 6.6% in January compared to the month prior, landing at 56.4, according to final results for the month. Sentiment was down 21.3% year over year. The current conditions index rose 9.9% from the month prior to 55.4. The index of consumer expectations rose 4.4% from the month prior to land at 57.
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.









