Oil prices have largely returned to early-2026 levels. In contrast, the implied yield on the Fed Funds Futures December 2026 contract is up 80 basis points from a year ago, suggesting a broader range of risks and uncertainty surrounding the rate path beyond the recent oil shock. One implication is that this heightened uncertainty makes it more difficult for banks to plan and execute merger-and-acquisition deals.
The FDIC entered into an agreement with Kentland Bank of Kentland, Indiana, to purchase substantially all assets and assume all deposits of Kentland Federal Savings and Loan Association, which was the smallest standalone bank in the U.S., with...
Roughly half of U.S. adults say money was rarely or never discussed at home while growing up, although younger parents report more willingness to teach their children +financial skills, according to a new survey by U.S. Bank.
Concerns about job security are growing among U.S. consumers who are already stressed about rising prices, which is affecting spending habits, according to a new survey by J.D. Power.
Supported by Fed staff, the task forces “will operate independently, with a mandate to follow the evidence, provide candid feedback, and produce rigorous findings for the Federal Open Market Committee."
Many small businesses are still expanding despite ongoing economic pressures and rising costs, according to a new survey by U.S. Bank.
Total existing home sales remained up 2.8% over the year. The ABA Office of the Chief Economist views continued sluggish home sales as a headwind for overall credit demand.
