Inflation surprises and labor market tightening necessitate an appropriate response from the Federal Reserve, says Ellen Zentner on the latest episode of the ABA Banking Journal Podcast.
With the Consumer Price Index rising 5.4% year-on-year in September, questions continue to simmer about how persistent and long-lasting inflation will be.
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the…
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the…
The American Bankers Association, along with other members of the Engage China Coalition, wrote to Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer today thanking them for their work to include the financial services industry in the recent Phase One trade agreement signed between the U.S. and China.
ABA and BAFT—the association’s global transaction banking subsidiary—today joined several other trade groups in a letter to members of Congress urging them to support bipartisan legislation granting a 10-year reauthorization to the U.S. Export-Import Bank.
BAFT—ABA’s global transaction banking subsidiary—and the Wolfsberg Group and the International Chamber of Commerce today released appendices to their 2017 set of trade finance principles, which address the due diligence required by global and regional financial institutions of all sizes in the financing of international trade.
The U.S. international trade deficit widened in October, rising 1.7 percent to $55.5 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Imports rose by 0.2 percent, while exports declined by 0.1 percent. September’s trade deficit was revised from $54.0 billion to $54.6 billion. The goods deficit increased 1.0 percent
The U.S. international trade deficit widened in September, rising 1.3 percent to $54.0 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Both imports and exports rose by 1.5 percent. August’s trade deficit was downwardly revised from $53.2 billion to $53.3 billion. The goods deficit increased 0.8 percent to $77.2
In an uncertain trade policy environment, agricultural lenders and producers prepare for difficult times on the farm.