Interest rate

Decorative pattern

Economic Indicators

Fed saw evidence of a slowing economy at its last meeting

Concerns about a recession have been eased, for now, by the ongoing strength of the job market

By Paul Wiseman, The Associated Press |August 17, 2022

2 min read

U.S. inflation slows from a 40-year peak but remains high

Economic Indicators

U.S. inflation slows from a 40-year peak but remains high

Wednesday's report increased hope that the modest slowdown might enable the Fed to slow the pace of its rate increases

By Christopher Rugaber, The Associated Press |August 10, 2022

3 min read

Decorative pattern

Industry

Industry preps for the end of CDOR

Legal, operational issues may arise with loans as key benchmark is eliminated

By James Langton |August 3, 2022

2 min read

Credit unions benefit from higher rates, but risks loom: report

Market Insights

Credit unions benefit from higher rates, but risks loom: report

Loan books dominated by residential mortgages are vulnerable to a market downturn, DBRS says

By Rudy Mezzetta |August 3, 2022

2 min read