Behind the Numbers
The weekly Behind The Numbers report provides an easy to understand analysis of the most up-to-date economic data, including Federal Reserve activity. This timely report allows credit union management to focus on the changing dynamics that could impact members’ financial conditions, as well as the fluctuating interest rate environment. Included in the report is a summary of current and historical key interest rates, financial market indicators, investment yields and credit union loan rates.
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April 16, 2021
It has been over 50 years since this advertising slogan was introduced, but it was never more appropriate than this week. I took a glance at Behind the Numbers from a year ago...
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April 09, 2021
The Federal Open Market Committee released the minutes from its March meeting this week. If there was any doubt about the Fed’s intentions for monetary policy, it was...
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April 02, 2021
The U.S. added 916,000 jobs in March, much more than the estimated gain of 660,000. Even better, the two-month revision added another 156,000 jobs, bringing the total...
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March 26, 2021
Supply, or rather the lack of, is taking a toll on the housing market. Sales of existing homes fell 6.6 percent in February, the biggest pre-pandemic monthly decline since 2015....
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March 19, 2021
The message from the Federal Open Market Committee this week was clear: The Fed-controlled interest rate will remain low for several years, even as economic conditions...
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