Bank economists: Credit conditions face continued challenges over next six months
Credit conditions are expected to soften over the next six months as the labor market weakens and inflation persists, according...
Economy
ABA Economic Advisory Committee: Continued slow economic growth this year, modest 2026 gains
“With the labor market weakening and persistent inflation headwinds, the U.S. economy continues to grow at a slow pace,” ABA's...
ABA DataBank: Strong demand for air travel in 2025
The total number of travelers passing through TSA checkpoints in 2025 has not only returned to, but surpassed, pre-COVID levels.
Report: GSE foreclosure prevention actions decrease in Q2 2025
According to the report, Fannie Mae and Freddie Mac completed 54,750 foreclosure prevention actions during the quarter.
Mortgage rates fall
The rate for a 30-year fixed-rate mortgage was 6.26% this week. The rate for a 15-year fixed-rate mortgage was 5.41%.
Trump seeks Supreme Court decision to remove Cook from Fed board
The Trump administration asked the U.S. Supreme Court to uphold the president’s decision to remove Governor Lisa Cook from the...
House lawmakers introduce bill to end Fed’s dual mandate
House Financial Services Committee Chairman French Hill (R-Ark.) announced the introduction of legislation to end the Federal Reserve’s dual mandate...
FOMC lowers rates by 25 basis points
The Federal Open Market Committee announced that it will lower the target range for the federal funds rate by 25...
Housing starts fall in August
Housing starts decreased by 8.5% in August from the month prior and 6% from last year, the Commerce Department reported.
Industrial production edged up in August
Industrial production increased 0.1% in August from the previous month, the Federal Reserve reported. The August figure was up 0.9%...
