federal reserve

Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

Source: federalreserve.gov

Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars
Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars
September 25, 2020  |  Cryptocurrency

Digital dollars could make the leap from concept to reality, but there might be a few ways to get there. Get the Full Story Complete...

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Boston Fed Chief Warns Of US Credit Tightening; Calls For More Aid
Boston Fed Chief Warns Of US Credit Tightening; Calls For More Aid
September 23, 2020  |  Economy

The U.S. economy could face a credit crunch as the weather gets colder if the coronavirus worsens, experts warn, Reuters reported. Get the Full Story...

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Bitcoin Daily: MicroStrategy CEO Says Bitcoin Is ‘Less Risky’ Than Cash; Police Probe Indian Crypto Exchange In $272K Theft
Bitcoin Daily: MicroStrategy CEO Says Bitcoin Is ‘Less Risky’ Than Cash; Police Probe Indian Crypto...
September 22, 2020  |  Bitcoin

The CEO of a Virginia-based software firm claimed that the Federal Reserve’s easing of its inflation approach was a factor in his decision to convert...

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Powell: US SMBs Need ‘Direct Fiscal Support’ Not Loans
Powell: US SMBs Need ‘Direct Fiscal Support’ Not Loans
September 21, 2020  |  SMBs

Federal Reserve chairman Jerome Powell is set to tell lawmakers that U.S. small businesses may need “direct fiscal support,” rather than more loans, the Financial...

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Experts See Financial Pain As COVID Aid Wanes
Experts See Financial Pain As COVID Aid Wanes
September 21, 2020  |  Economy

The failure of lawmakers to agree on additional COVID-19 relief has left some policy experts including Federal Reserve Chairman Jerome H. Powell worried that the...

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Fed Moves To Revamp Community Reinvestment Act
Fed Moves To Revamp Community Reinvestment Act
September 21, 2020  |  Legal & Regulation

The Federal Reserve Board on Monday (Sept. 21) took the first step toward overhauling the regulations that affect banks’ lending in economically challenged areas. Get...

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Fed Chair: Labor Market Recovery Has Long Way To Go
Fed Chair: Labor Market Recovery Has Long Way To Go
September 17, 2020  |  Economy

Federal Reserve Board Chairman Jerome Powell said the U.S. labor market has a long way to go to meet the central bank’s maximum employment goal....

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An Instant Disbursement Fix For Microbusinesses’ Cash Flow Pains
An Instant Disbursement Fix For Microbusinesses’ Cash Flow Pains
September 17, 2020  |  Disbursements

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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