Final: Consumer sentiment fell 4.8 points in April
Consumer sentiment fell 4.8 points in April to 52.2, down 25.0 points from one year ago, according to final results...
Economy
Mortgage rates slip
The rate for a 30-year fixed-rate mortgage was 6.81% this week. The rate for a 15-year fixed-rate mortgage was 5.94%.
Bank survey: Many Americans worry about covering unexpected bills
More than one in three Americans are not confident they have enough savings to cover unexpected bills, according to a...
Existing home sales fell 5.9% in March
Existing home sales declined 5.9% in March to a seasonally adjusted annual rate of 4.02 million, the National Association of...
New orders for durable goods rise in March
New orders for manufactured durable goods increased $26.6 billion or 9.2% in March to $315.7 billion, the U.S. Census Bureau...
New Home Sales Increase in March
New single-family homes sales rose to a seasonally adjusted annual rate of 724,000 according to the U.S. Census Bureau and...
Beige Book: Tariffs causing increase in economic uncertainty
Economic activity was little changed since March, but uncertainty around international trade policy was pervasive across the 12 Federal Reserve...
Survey: Community bankers remain optimistic but concerned about tariff effects
Community bankers maintain an overall positive outlook on the economy but worry that future business conditions are fading, according to...
ABA DataBank: Credit spreads remain relatively tight
Despite recent economic uncertainty, credit spreads remain relatively tight compared to levels seen during COVID. This indicates that investors are...
Podcast: Why the Fed paying interest on reserves matters
The payment by the Federal Reserve of interest on bank reserves may sound like an abstruse matter of economic theory,...
