WASHINGTON—Federal Reserve Chairman Jerome Powell said that while it will challenging, the Fed will be able to fight inflation over the next few years without causing a recession.
THE news
WASHINGTON – Consumer groups are hailing an announcement by the big three credit bureaus-- Equifax, Experian, and TransUnion—that they will change how they report medical debt, which will result in the removal of nearly 70% of medical bills from credit reports.
WASHINGTON–It’s increasingly likely anything credit unions want to see passed in the current Congress will need to be included in larger omnibus packages, according to one person.
MADISON, Wis.–On a blog it is hosting as the crisis in Ukraine continues, the World Council of Credit Unions has shared a post from the National Bank of Ukraine (NBU), which serves as the country's central bank.
AUBURN HILLS, Mich. – Genisys Credit Union has renewed its partnership with Co-op Solutions and also added access to Zelle and Co-op Insights Center.
ARLINGTON, Va.—Total vehicle sales fell from 15.0 million to 14.1 million annualized units in February, with monthly sales levels down 11.5% year over year.
WASHINGTON—The Worldwide Foundation for Credit Unions (WFCU) has launched a fundraising effort in support of Ukrainian credit unions being affected by the Russian military invasion of that country.
IRVINE, Calif.–New data show most home loan delinquencies dropped 2.3% year-over-year through November of 2021, the most recent data for which figures are available.
CINCINNATI—Auto lease payments punched the gas noticeably in the fourth quarter of 2021, according to a new report.
WASHINGTON–For the first time since 2019, rates on the most popular type of home loan in the U.S. have topped 4%.