ABA Data Bank: OECD 2022 Inflation Forecast Rises for Advanced Economies
With the Omicron variant adding to the already high levels of uncertainty, the OECD in December raised its 2022 inflation...
Newsbytes
New Orders for Manufactured Goods Increase in October
New orders for manufactured goods in October, up seventeen of the last eighteen months, increased $5.1 billion or 1.0% to...
ISM: Service Sector Grows in November
The ISM Services Index registered 69.1% in November; 2.4 percentage points higher than the October reading of 66.7%. This reading...
210,000 Jobs Added in November, Unemployment Rate at 4.2%
Total nonfarm payroll employment rose by 210,000 in November, according to the Bureau of Labor Statistics. Total unemployed persons fell...
Quarles Calls for ‘Further Calibration’ of Leverage Capital Standards
In a lengthy farewell speech today as his tenure on the Federal Reserve Board of Governors comes to a close,...
Sen. Boozman Criticizes ‘Misguided’ Postal Banking Pilot
Attempts by the U.S. Postal Service to expand its offerings to include financial services at a time when improvements to...
ABA, State Associations Call for Inclusion of Cannabis Banking Bill in NDAA
The American Bankers Association and 51 state bankers associations today urged Senate leadership to include the SAFE Banking Act in...
ABA Recognizes Next Generation of Advisors with ‘Under 40’ Award
The American Bankers Association has announced the recipients of its Under 40 in Wealth Management Awards.
CFPB Publishes Research on Overdraft, Fee Revenues
Three types of aggregate fee revenues—maintenance fees, ATM fees and overdraft fees—all declined in 2020, with overdraft fees seeing the...
Beige Book: Economic Activity Grows Moderately, Held Back by Supply Chain Issues
Economic activity grew at a moderate pace from early October to mid-November, but some parts of the country reported constrained...
