The University of Michigan Consumer Sentiment Index decreased 5.8% in March compared to the month prior, landing at 53.3, according to final results for the month. Sentiment was down 6.5% year over year. The current conditions index fell 1.4% from the month prior to 55.8. The index of consumer expectations fell 8.7% from the month prior to land at 51.7.
Banking agencies pledge more scrutiny of core provider business practices
The federal banking agencies pledged to step up oversight of third-party core providers whose business practices “unreasonably limit” community banks from conducting due diligence or from negotiating contract terms that address the banks’ business needs.









