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

Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up

Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
June 10, 2024  |  Consumer Insights

Through scores of reports on the paycheck-to-paycheck economy, PYMNTS Intelligence has found that there’s a commonality across income levels and demographics:  Get the Full Story...

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Consumer Confidence About Household Finances Highest in 3 Years
Consumer Confidence About Household Finances Highest in 3 Years
June 10, 2024  |  Economy

Consumers are more confident about the prospects for their household’s financial situation and the stock market than they’ve been in three years. Get the Full...

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April Fed Report Shows Consumers Prioritize Credit Card Paydowns Over Spending, a Little
April Fed Report Shows Consumers Prioritize Credit Card Paydowns Over Spending, a Little
June 07, 2024  |  Credit Cards

Consumers are moving toward paying down at least some of what they owe on their credit cards. Get the Full Story Complete the form to...

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43% of Fraudulent Transactions That Hit FIs Are Authorized
43% of Fraudulent Transactions That Hit FIs Are Authorized
June 07, 2024  |  Fraud Prevention

When it comes to payments fraud, the Federal Reserve actually splits the crime into two categories: authorized and unauthorized fraud. Get the Full Story Complete...

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Record Investment Income Fuels Continued Consumer Spending
Record Investment Income Fuels Continued Consumer Spending
June 05, 2024  |  Economy

Rising investment income, high household wealth and strong employment rates are keeping Americans spending. Get the Full Story Complete the form to unlock this article...

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Cleveland Fed Names Goldman’s Beth Hammack as President
Cleveland Fed Names Goldman’s Beth Hammack as President
May 30, 2024  |  Personnel

A longtime Goldman Sachs executive is the Federal Reserve Bank of Cleveland’s new leader. Get the Full Story Complete the form to unlock this article...

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Federal Reserve Reports ‘Slight or Modest Growth’ in Economic Activity
Federal Reserve Reports ‘Slight or Modest Growth’ in Economic Activity
May 29, 2024  |  Economy

Economic activity in the United States expanded from early April to mid-May, though it varied in different industries and Federal Reserve districts. Get the Full...

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Business Spending Increases More Than Expected
Business Spending Increases More Than Expected
May 24, 2024  |  Business

New orders for manufactured durable goods increased by 0.7% in April. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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