Lending

New Fed numbers show a drop from the peak that was reached in December.

CUNA estimates loan balances grew 6.3% in June.

"We are partially at fault for that, we should have been ready to act sooner," the NCUA board member says, referring to the taxi crisis.

The new program follows the surprising findings from a new survey of people looking to buy a new home.

"Demand for consumer-related loans also picked up during the past quarter, although the latest readings don't look especially strong."

The inversion of the yield curve is at its most extreme since the financial crisis.