Final: Consumer sentiment rose in July
The University of Michigan Consumer Sentiment Index increased 11.5% in July compared to the month prior, landing at 55.2, according...
Economy
ABA DataBank: Hedge funds becoming more influential in Treasury market
The rapid growth in hedge fund Treasury holdings reflects a structural shift in the U.S. Treasury market, with leveraged investors...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.66% this week. The rate for a 15-year fixed-rate mortgage was 6.04%.
ABA DataBank: Real GDP growth slowed in 2026 Q2
ABA's economic team believes there are risks to growth including elevated interest rates and oil prices. However, strong investment in...
ABA DataBank: PCE inflation comes in lower in June
ABA economists believe that the lower-than-expected inflation reading is a potential tailwind for the broader economy. Lower inflation supports household...
Divided FOMC holds rates steady
The Federal Open Market Committee once again voted to maintain the target range of the federal funds rate at 3.5%-3.75%,...
Growth in home prices ticked up in May
Home prices increased 1.1% in May compared to the same month a year ago, up from a 0.9% rise the...
ABA DataBank: Consumer confidence slips in July
For banks, according to ABA's team of economists, deteriorating confidence could mean weaker demand for consumer credit in the second...
Durable goods orders increased in June
New orders for manufactured durable goods increased $1.1 billion, or 0.3%, from the previous month to $334.8 billion in June,...
ABA DataBank: Credit unions drifting from their core mission
In the first quarter of 2026, tax-exempt credit unions spent a combined $155.2 million on advertising and promotions and account...
