Lending

Two credit union economists cite softer gains in core inflation in their belief the Fed will hold rates at the current level.

CUNA estimates show the 1% drop from June to July was the biggest in five years, further tightening liquidity.

But the NCUA chair is worried by worsening credit quality as liquidity tightens.

Implementing document processing automation is critical for credit unions.

But odds favor avoiding a recession at least through 2024, even as loan growth slows.

Economists see a softening of the jobs market in July supporting the Fed pausing interest rate hikes at its Sept. 20 meeting.