Economy
N.Y. Fed: Consumers Anticipate Higher Spending Growth
Americans’ expectations for how much they will spend next year increased in June, rising from 4 percent to 4.3 percent,...
Keating Talks Rate Hikes, Global Economy on CNBC
ABA President and CEO Frank Keating appeared on CNBC’s “Squawk on the Street” program on Friday to discuss the Fed's...
Yellen Expects First Rate Hike by Year’s End
Citing improved labor market conditions, growing consumer spending and reduced “drag” from government fiscal policies, Federal Reserve Chairman Janet Yellen...
Consumer Delinquencies Dip in First Quarter
Delinquencies in closed-end loans and bank cards edged down in the first quarter, driven by large declines in home loan-related...
Consumer Credit Grows 5.7 Percent in May
Consumer credit increased at a seasonally adjusted annual rate (SAAR) of 5.7 percent in May to $3.40 trillion.
FOMC Minutes: Fed Cautiously Optimistic about Economy
Though several members agreed that the U.S. economy is moving towards their objectives, the Federal Open Market Committee (FOMC) in...
