ABA DataBank: PCE inflation surprises to the upside in December
By ABA Banking Journal Staff
AI Summary
Inflation may be more persistent than previously thought; higher prices pressure margins and affect credit performance and consumer sentiment.
Texas Relevance
The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. It discusses general inflationary pressures affecting the banking industry.
Original Content
Inflation may be more persistent than previously thought, posing several challenges for the banking industry as higher prices pressure margins and inflation-driven headwinds affect credit performance and consumer sentiment. The post ABA DataBank: PCE inflation surprises to the upside in December appeared first on ABA Banking Journal .