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A journalist for decades.
Two credit union economists cite softer gains in core inflation in their belief the Fed will hold rates at the current level.
NCUA chair says lack of authority to monitor CUSOs and other key vendors is a "growing regulatory blind spot."
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.
Langley FCU plans to open new branches in Richmond, Va., and Raleigh, N.C.
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.
Credit unions hit their peak in the third quarter, but their share of the number of loans and leases has been falling since.
Reports from Cox Automotive and Edmunds show resilience for one of credit unions' biggest businesses.
NCUA chair says the expected economic downturn has raised risks, especially for commercial real estate loans.