Back to balance sheet basics
Balance sheet management concerns—net interest margin, cost of funds, core deposit growth—dominate banker concerns in the newest CSBS survey.
Balance sheet management concerns—net interest margin, cost of funds, core deposit growth—dominate banker concerns in the newest CSBS survey.
New orders for manufactured goods increased 1.2% to $586.1 billion in August, the U.S. Census…
The ISM Services Index decreased 0.9 percentage points (pp) to 53.6% in September—the ninth consecutive…
The U.S. manufacturing sector contracted in September, Manufacturing PMI® registered 49%, 1.4 percentage points (pp)…
The Federal Reserve must “proceed carefully” as it considers making monetary policy more restrictive to rein in inflation, with the question not being whether further rate hikes are needed this year, but how long it will need to hold rates at a sufficiently restrictive level to achieve its goals, Fed Vice Chairman of Supervision Michael Barr said.
Construction spending during August 2023 was estimated at a seasonally adjusted annual rate of $1,983.5…
Real GDP grew at an annual rate of 2.1% in the second quarter of 2023,…
New single-family home sales decreased to a seasonally adjusted annual rate of 675,000 in August,…
Credit quality and availability will weaken over the next six months for both consumers and businesses, according to the latest Credit Conditions Index from ABA’s Economic Advisory Committee.
The Federal Open Market Committee will likely need to continue raising the federal funds rate to meet its goal of returning inflation to its 2% target, Federal Reserve Governor Michelle Bowman said.