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.

  • Slow as She Goes

    September 15, 2023

    The truth is, inflation is slowly, and I stress slowly, moving lower and is still far away from the Federal Reserve’s 2% target. The best news from the latest Consumer Price Index (CPI)...
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  • Data Mismatch

    September 08, 2023

    The Federal Reserve’s data-dependent philosophy is being tested in terms of what data to trust. The most recent Beige Book report presented a very different picture from what...
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  • The Poetry of Powell

    August 25, 2023

    Federal Reserve Chair Jerome Powell concluded his long-awaited speech on a poetic note, summing up the position the Fed finds itself in: the committee is “navigating under the...
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  • Consumers Come Through Once Again

    August 18, 2023

    Consumers jumpstarted economic growth in the third quarter with strong spending. Retail sales rose 0.7% in July, almost doubling expectations. Nine of the 13 categories...
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  • Not Time to Call it Quite, Yet

    August 11, 2023

    July’s inflation data presented a picture of continued inflation slowing but stopped short from suggesting the Federal Reserve is ready to call it quits. Both the consumer headline...
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