Job market, social fabric facing further stress from shuttered U.S. government
Foreign investment flows dropped in Q2 after rise in Q1
Borrowers took advantage of reduced volatility, lower rates to refinance debt
Recent data boosts 2025 outlooks, longer-term expectations unchanged
On a year-over-year basis, job vacancies were down 15.2% in the month
Certain delinquency rates rising, but credit losses look manageable
Inflation sat at 2.2% in September, just above the bank’s 2% target
Looming slowdown, trade uncertainty, hidden risks cloud credit picture
Lower-income households have greater inflation fears
High-income households' boost from stocks underpins U.S. resilience