Report
Published October 14, 2024
Banks Economic & Market Insights
Dive into key trends important for the financial services industry including credit activity, lending standards, loan demand, originations, delinquency and consumer sentiment.
Key takeaways:
- Underlying economic activity remains solid and a soft-landing remains the base case, but weaker labor market conditions have heightened concern about the outlook.
- While there remains some stubbornness, inflation has generally continued to moderate towards the Fed's 2% target with improvement seen across both goods and services.
- Recent revisions to real income growth and consumer spending suggest that households are on better footing than previously thought.
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