Articles by Hailey Phelps
By Surekha Carpenter, Nick Haltom, Sierra Latham, Stephanie Norris, Hailey Phelps, Kai Amado
From April 24 through June 2, 2023, the Federal Reserve fielded the 2023 CDFI Survey. Respondents touched on demand for products and services, innovation, and impacts of rising interest rates, a tight labor market, and rising wages. Here's what 453 CDFIs said about their financial well-being and the road ahead.