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

Trending: Data Aggregation Makes Home Mortgages Cheaper

Trending: Data Aggregation Makes Home Mortgages Cheaper
Trending: Data Aggregation Makes Home Mortgages Cheaper
October 18, 2019  |  Real-Time Payments

Many major companies rely on international trade and global supply chains. Keeping these trade flows operating smoothly requires quick, reliable delivery of payments. Consumers similarly...

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Fed Governor: Libra Has Big Regulatory Mountain To Climb
Fed Governor: Libra Has Big Regulatory Mountain To Climb
October 16, 2019  |  Facebook / Meta

U.S. Federal Reserve Governor Lael Brainard has warned that a stablecoin like Facebook‘s planned Libra could make central banks’ efforts to conduct monetary policy “complicated.”...

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Retail Sales Slump Raises Questions About Consumer Spending
Retail Sales Slump Raises Questions About Consumer Spending
October 16, 2019  |  Economy

One of the laws of physics, loosely phrased, is that an object in motion stays in motion, on its path, until outside forces act to...

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What’s Behind The Drop In US Retail Sales?
What’s Behind The Drop In US Retail Sales?
October 16, 2019  |  Retail

Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by...

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The Central Bank Conundrum On Cryptos
The Central Bank Conundrum On Cryptos
October 11, 2019  |  Cryptocurrency

For central banks, when it comes to cryptocurrencies, there’s no central theme. Get the Full Story Complete the form to unlock this article and enjoy...

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New Fed Rules Lower Asset Requirements For Banks
New Fed Rules Lower Asset Requirements For Banks
October 10, 2019  |  Bank Regulation

The United States Federal Reserve has passed new rules which lower the liquidity and capital requirements for most banks, as well as easing other restrictions....

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Top News In Payments: Credit Card Interest Rates Approach Record Levels; WhatsApp Pay India’s Rollout May Be Delayed
Top News In Payments: Credit Card Interest Rates Approach Record Levels; WhatsApp Pay India’s Rollout...
October 10, 2019  |  News

Today in the payments news roundup, average interest rates on credit cards are approaching record levels. Also, the rollout of WhatsApp Pay in India may...

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Fed Concerned Trade War Could Trigger Recession
Fed Concerned Trade War Could Trigger Recession
October 10, 2019  |  Legal & Regulation

Federal Reserve officials are worried that slowing global growth, exacerbated by the U.S.-China trade war, could sap domestic hiring and economic activity, triggering a recession,...

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