ABA Data Bank: Core and “supercore” PCE edge down in August
PCE inflation increased for the second consecutive month on a year-over-year basis, rising to 3.5%.
Browsing: ABA Data Bank
ABA Data Bank: Housing starts hit three-year low
Total housing starts in August fell 11.3% over the month to its lowest level since the summer of 2020.
ABA Data Bank: Inflation ticked back up in August
Prices for both consumers and producers increased again in August, according to the latest CPI and PPI readings from the Bureau of Labor Statistics.
ABA Data Bank: Crude oil rises to 10-month high
Strong global demand and extended production cuts from major exporting countries such as Russia and Saudi Arabia have pushed WTI crude oil prices to a 10-month high.
ABA Data Bank: US real 10-year yields hit highest level since 2009
Real yields on US 10-year treasury notes have reached the key reading of 2% for the first time in 16 years.
Understanding the Fed’s weekly H.8 report
What the Federal Reserve’s commercial bank balance sheet data can and can’t tell us.
How the rating agencies missed the mark: Reassessing recent analyses of the banking sector
In light of the August 2023 downgrade by Moody’s of several US banks, as well as commentary by Fitch Ratings on the banking sector, ABA’s Office of the Chief Economist is providing a brief assessment of the rating agency comments and highlighting critical flaws in some of the assumptions impacting their analyses.
ABA Data Bank: Consumers believe Fed policies are driving disinflation
Consumers believe supply-side issues were the most important factors driving the pandemic-era surge in inflation, according to a recent Liberty Street Economics blog post.
ABA Data Bank: CPI inflation rose 3.2% year-over-year in July
Annual inflation ticked up slightly to 3.2% in July, up from 3.0% in June. This was largely due, however, to comparisons against more volatile year-ago inflation levels.
More than meets the eye: Continued opportunities in commercial real estate
Given the diversity of the CRE sector, banks should not be painted with the broad brush of urban office space exposures.