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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June 24, 2022
Last week’s FOMC meeting should have provided the financial markets enough information to stabilize and coast, at least until the July meeting. However...
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June 17, 2022
As expected, the FOMC raised the short-term lending rate this week for the second time in two months. For a bit of excitement, however, the FOMC increased the key rate by 75...
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June 10, 2022
It doesn’t appear that inflation has peaked, nor is it anywhere near the ceiling. In fact, year-over-year CPI rose 8.6% in May, a new record high. All components of the CPI report...
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June 03, 2022
By most economists’ analysis, the May job report classifies as a Goldilocks report, not too bad and not too good. The U.S. added 390,000 jobs in May, 70,000 more than expected....
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May 20, 2022
Retail sales increased in April for the fourth month in a row, as inflation remained at the highest level in decades. Sales rose 0.9% in April and were revised substantially...
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