FI LoyaltyBy Pierry Delcy
Updated Oct 2, 2026Become a member

Overview · United States

Growth is holding. Pressure is shifting to the consumer.

See the market signals that matter most. Get a clearer view of the financial system and loyalty landscape, understand what’s changing, and spot your next growth opportunity.

Automated data trackingVALIDATED · 16 METRICS

The overview tracks U.S. interest rates, inflation, employment, consumer credit, delinquency, bank performance, and credit union health.

Key metrics · United States

Market conditions that shape the landscape and financial-services growth.

Federal Reserve RateJul 29, 2026
3.50%→ Unchanged
Headline InflationJun 2026
3.7%↘ -0.5 pp
UnemploymentJun 2026
4.2%↘ -0.1 pp
Credit union Median DelinquencyQ1 2026
0.63%→ No prior observation

Movement

3 forces shaping the landscape.

Latest validated observations
Policy rate3.5%
Sep 18, 2025Oct 30, 2025Dec 11, 2025Jan 29, 2026Mar 19, 2026Apr 30, 2026Jun 18, 2026Jul 29, 2026
Inflation3.7%
Nov 2025Dec 2025Jan 2026Feb 2026Mar 2026Apr 2026May 2026Jun 2026
Revolving credit6.0%
Nov 2025Dec 2025Jan 2026Feb 2026Mar 2026Apr 2026May 2026Jun 2026

Executive watchlist

What matters now.

High
Consumer retrenchment

Revolving credit is 6.0%, based on the latest validated release.

Opportunity
Credit union momentum

Assets are $2.48T and membership is 145.8M.

Medium
Margin normalization

Bank net interest margin is 3.31%.

Loyalty & Rewards lens

Turn rate pressure into relationship depth

As borrowing slows, credit unions can protect growth by rewarding direct deposit, everyday spend, savings milestones, and multi-product behaviour.

01 Acquire Payroll and funded accounts02 Activate Card spend and bill pay03 Deepen Savings and product holding

Metric registry

All tracked indicators.

16 metrics
IndicatorLatestMovementPeriodSource
Fed funds targetLate3.50–3.75%UnchangedJul 29, 2026Federal Reserve Board ↗
Headline inflationLate3.7%-0.5 ppJun 2026U.S. Bureau of Labor Statistics ↗
Core inflationLate2.8%-0.2 ppJun 2026U.S. Bureau of Labor Statistics ↗
UnemploymentLate4.2%-0.1 ppJun 2026U.S. Bureau of Labor Statistics ↗
Consumer credit growthLate3.3%+3.5 ppJun 2026Federal Reserve Board G.19 ↗
Revolving credit growthLate6.0%+10.7 ppJun 2026Federal Reserve Board G.19 ↗
Bank loan growthLate7.1%No prior observationQ1 2026FDIC Quarterly Banking Profile ↗
Bank net interest marginLate3.31%No prior observationQ1 2026FDIC Quarterly Banking Profile ↗
Bank return on assetsLate1.26%No prior observationQ1 2026FDIC Quarterly Banking Profile ↗
Bank net charge-offsLate0.59%No prior observationQ1 2026FDIC Quarterly Banking Profile ↗
Credit union assetsLate$2.48TNo prior observationQ1 2026National Credit Union Administration ↗
Credit union loansLate$1.73TNo prior observationQ1 2026National Credit Union Administration ↗
Credit union membershipLate145.8MNo prior observationQ1 2026National Credit Union Administration ↗
Credit union loan-to-shareLate81.5%No prior observationQ1 2026National Credit Union Administration ↗
Credit union median delinquencyLate0.63%No prior observationQ1 2026National Credit Union Administration ↗
10-year TreasuryLate4.95%+0.12 ppSep 10, 2026U.S. Department of the Treasury ↗

Analysis

Release cadence

DailyMarkets + Policy

Rates, yields, FX and central bank series are checked daily.

WeeklyTrend + History

Validated snapshots accumulate into a comparable local dataset.

MonthlyConsumer Health

Inflation, labour, credit, arrears and insolvencies update on release.

QuarterlyInstitution Health

FDIC, NCUA and Canadian credit union results update on release.

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