WASHINGTON–A credit union economist has joined with other economists and analysts in forecasting a delay in any rate cuts by the Fed in 2024 following today’s inflation report.
Fresh Today
WASHINGTON—Resolutions to nullify the CFPB’s credit card late fees rule via the Congressional Review Act (CRA) have been introduced in the Senate by Sen. Tim Scott (R-SC) and Rep. Andy Barr (R-KY).
MADISON, Wis.–While some on Wall Street are backing off forecasts that the Fed will cut rates three times this year—with some even predicting it may not cut rates at all—TruStage Chief Economist Steve Rick said he still expects the Federal Reserve will lower the Fed Funds rate this summer as inflation approaches its 2% inflation target.
WASHINGTON—When it comes to prospects for buying or selling a home, the latest national survey from Fannie Mae finds Americans in something of duplex state of mind.
ST. LOUIS–At the same time credit unions nationally remain active in attempting to boost home ownership, especially among first-time homebuyers, a new survey has found nearly 70% of homeowners have regrets about their home purchase.
IRVINE, Calif.—Origence said Chris Gerdes will be a keynote speaker for its Lending Tech Live ’24 conference, scheduled June 25-27 at the Marriot Marquis in San Diego.
MADISON, Wis.–TruStage will host a free webinar today titled “Emotional Intelligence vs. Artificial Intelligence.”
ELLSWORTH AFB, S.D.–Sentinel FCU has named an interim CEO.
OKLAHOMA CITY, Okla.––The man known as “Chiefsaholic” for dressing like a wolf at Kansas City Chiefs games and who earlier pleaded guilty to a series of robberies has been ordered to pay $10.8 million to a teller at a credit union.
FRESNO, Calif.–Police here have arrested a man who allegedly recruited more than 100 credit union members to participate in a check fraud scheme.