FOMC minutes: Persistent inflation clouds path forward
The persistence of high inflation and recent economic data have not increased the confidence of Federal Open Market Committee participants...
Economy
ABA: Bank economists grow more optimistic about credit conditions
Bank economists are growing more optimistic about the outlook for credit conditions over the next six months compared to the...
CPI rose 0.4% in March
The Consumer Price Index rose 0.4% in March, the same as the month before, and increased 3.5% over the past...
Rethinking operational risk in the Basel III endgame
Proposed changes in operational risk capital requirements account for the vast majority of expected capital increases, with a predictable result...
Survey: Community bankers remain concerned about economy, regulation
Community bankers are showing slightly more confidence in the future economic conditions but still have concerns, particularly about regulatory burden,...
The NFIB Small Business Optimism Index decreased 0.9 points in March to 88.5.
A seasonally adjusted net 11% of business owners planned to create new jobs in the next three months, down 1...
New York Fed: Consumer inflation expectations mixed in March
Consumer inflation expectations in March remained unchanged at the short-term horizon, grew at the medium-term horizon and decreased at the...
ABA Data Bank: Farm banks exhibit solid farm loan growth in 2023
Total agricultural lending by farm banks increased 6.7% in 2023 to $110 billion, up from $103 billion the prior year.
Consumer credit increased 3.4% in February
Consumer credit increased at a seasonally adjusted annual rate of 3.4% in February, the Federal Reserve reported.
303,000 jobs added in March, unemployment rate edged down to 3.8%
The U.S. economy added 303,000 nonfarm jobs in March, the Labor Department said. Job gains occurred in health care, government...
