Business debt is historically high relative to U.S. gross domestic product, with debt increasing most rapidly among the riskiest firms amid weak credit standards, the Federal Reserve said today in its financial stability report.
Read more in the ABA/Farmer Mac Agricultural Lender Survey.
Producer prices rose 0.4 percent in October, seasonally adjusted, after falling 0.3 percent in September,…
Outstanding household debt increased by 0.7% in the third quarter of 2019, rising by $92 billion to land at $13.95 trillion, the Federal Reserve Bank of New York reported today.
The Federal Open Market Committee announced yesterday that it would cut interest rates for the third time this year.
The Conference Board Consumer Confidence Index declined 0.4 Points to 125.9 in September. The Present…
Consumer Sentiment increased 2.3 points in October to 95.5, according to the University of Michigan…
New single-family home sales fell to a seasonally adjusted annual rate of 701,000 in September,…
New orders for manufactured durable goods decreased 1.1% in September to $248.2 billion, following three…
A bipartisan group of 28 House members last week called on the Financial Stability Oversight Council to require that the Office of Financial Research study potential financial stability effects of the current expected credit loss model for loan loss accounting, which goes into effect for large reporting companies as soon as January.