THE news

WASHINGTON – State and federal regulators, government agencies and various credit union trade groups continue to roll out resources in response to the outbreak of coronavirus (COVID-19). The resources include tips for members to guard against scam. CUToday.info is centralizing many of the resources available. Readers can find links and more information, below. This list will be regularly updated.

WASHINGTON–Citing the threat from the coronavirus, the Federal Reserve has cut the target range for the federal funds rate by .5% to a target range of 1% to 1.25%.

WASHINGTON—CUToday.info is providing extensive reporting out of this week's CUNA Governmental Affairs Conference and is compiling all of it here.

ARLINGTON, Va.—On a seasonally adjusted basis, overall consumer prices rose 0.1% in January following a 0.2% rise in December. One result of that, according to NAFCU Vice President of Research and Chief Economist Curt Long, is he expects no rate hikes by the Fed in 2020.