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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July 14, 2023
June may become the month noted for when inflation turned the corner. Consumer prices rose 0.2% in June at both the headline and core levels, with the core rate the...
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July 07, 2023
The U.S. added 209,000 jobs in June, less than expected and much lower than the ADP Employment report of 497,000 jobs. This is the lightest monthly gain since...
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June 23, 2023
Aftershocks have the most impact. Powell and Co. filled the airways this week with post-FOMC meeting chatter. The take-away from Federal Reserve Chair Jerome Powell’s...
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June 16, 2023
This week’s FOMC decision to take a break from raising the benchmark lending rate was fully expected. What wasn’t expected was the very hawkish outlook...
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June 09, 2023
Much like the recent ISM manufacturing survey, its counterpart service sector index unexpectedly declined. The key measure for activity in the service industry fell...
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