Bank survey: Family-owned businesses more optimistic in 2024
Family-owned businesses have grown increasingly optimistic regarding their strength and are focused on recruiting and retaining employees, according to a...
Economy
Existing home sales increased 9.5% in February
Existing-home sales surged 9.5% in February to a seasonally adjusted annual rate of 4.38 million, according to the National Association...
ABA: Farm bank lending increased to $110 billion in 2023
Agricultural loan demand increased in 2023 and agricultural lending by U.S. farm banks grew 6.7% to $110.0 billion, according to...
FOMC once again leaves rates unchanged
The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25% to 5.5%.
OCC releases mortgage performance report for fourth quarter 2023
The OCC released the fourth quarter 2023 mortgage metrics report, which showed that 97.2% of first-lien mortgages in the federal...
Housing starts rise in February
Housing starts increased by 10.7% in February from the month prior to a seasonally adjusted annual rate of 1.52 million,...
ABA survey: Consumers satisfied with banks, concerned about new regulation
Nearly nine in 10 Americans with a bank account (89%) say they are “very satisfied” or “satisfied” with their primary...
Home builder confidence rises
Builder confidence in the market for single-family homes rose three points in March to 51, according to the National Association...
Fix the frame, wipe the glass
Recent experience, particularly with the Bank Term Funding Program, shows how to improve the functioning of the Fed’s discount window...
ABA Data Bank: Treasury yields rise following recent inflation reports
Treasury yields climbed higher this week after higher-than-expected inflation data raised uncertainty over the timeline for Fed rate cuts.
