Fresh Today

WASHINGTON—The Federal Open Market Committee's September meeting minutes offer new insights into the committee’s decision to cut rates by 25 basis points. In addition, the FOMC also addressed recent volatility in money markets, which led to the recent announcement of a planned expansion of the Federal Reserve’s balance sheet.

AUSTIN, Texas–A new study of consumers who would not consider opening a checking account with a community bank or credit union has found Gen Z (ages 18-23) and Millennials (ages 24-38) combined (31%) are twice as likely as their Gen X (ages 39-53) and Boomer (ages 54-74) (15%) counterparts to cite lagging technology as a barrier to banking locally.