Source: federalreserve.gov
A new Bank of International Settlements (BIS) survey shows the increasing popularity of central bank digital currencies. The survey, released Monday (July 10), found that the share of central...
A digital dollar may be on the horizon — or at least, it’s feasible. After a 12-week project, the Federal Reserve and nine marquee names in banking said Thursday...
The job numbers came in hot. The Fed looks set to raise rates. And the interest rate-sensitive names in the FinTech IPO Index took a...
The New York Federal Reserve said a digital dollar could improve cross-border and domestic payments. That’s according to the results of a test by the Fed’s New...
Consumer spending continued to drop in May as U.S. households curtailed spending and boosted their savings. Data from the Bureau of Economic Analysis (BEA) released...
There will be organizations ready to send and receive transactions when the FedNow Service launches. Fifty-seven early adopter organizations, including both financial institutions (FIs) and...
The Federal Reserve’s chairman says core inflation may not reach the 2% mark until 2025. “It’s going to take some time. Inflation has proven to...
The Federal Reserve this week will release the outcome of its annual banking “stress test.” And while the banks are expected to pass, the results may not...
Rising interest rates and a recent banking crisis could lead more lenders to merge this year. That’s according to U.S. Treasury Secretary Janet Yellen, who...