Industrial production increased 0.3% in September
Industrial production increased 0.3% in September, according to the Federal Reserve. August’s reading was revised downward to remain unchanged and...
Newsbytes
Retail sales increased 0.7% in September
There were $704.9 billion in retail and food service sales in September, up 0.7% from the previous month and 3.8%...
Fed’s Bowman seeks ‘sensible’ regulatory framework for digital assets
Stablecoins and other digital assets pose risks to consumers and the U.S. banking system, so the providers of those services...
ABA survey: Public believes credit unions should be treated like banks
U.S. consumers are generally unaware of the differences between banks and credit unions, and they believe credit unions should be...
FHFA to allow COVID forbearance for ‘rep and warrant’ relief
Fannie Mae and Freddie Mac will extend their representation and warrant policies for loans affected by natural disasters to also...
Philadelphia Fed’s Harker suggests holding interest rates at current level
The Federal Reserve should leave the federal funds rate at its current level as the full effects of higher rates...
ABA Data Bank: CPI inflation remained unchanged
The headline Consumer Price Index rose 0.4% in September, following a 0.6% rise in August.
ABA, associations seek study of proposed capital requirements
The Federal Reserve, FDIC and OCC should conduct a full, public study into the costs of their proposed capital requirements...
Consumer sentiment fell in October
Consumer sentiment fell 5.1 points in October to 63.0 following two consecutive months of very little change but is still...
CFPB, DOJ warn against using immigration status to determine creditworthiness
Financial institutions risk violating federal protections against discrimination if they rely on immigration status to determine a consumer’s credit worthiness,...
