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

Welcome to the Less Worse Than Expected Holiday
Welcome to the Less Worse Than Expected Holiday
December 02, 2022  |  Retail

The Fed, the largest grocer and now Amazon all offered hope on consumers and inflation. The trio of comments this week come in the wake...

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FinTech IPO Index Gains 1.4% Into 2022’s Final Four Weeks 
FinTech IPO Index Gains 1.4% Into 2022’s Final Four Weeks 
December 01, 2022  |  Fintech Investments

The countdown’s on to the end of 2022, which FinTech IPO investors would rather forget. Earnings season is now all but over, with the exception...

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Fed Report Spotlights Main Street SMB Labor and Lending Pressures
Fed Report Spotlights Main Street SMB Labor and Lending Pressures
November 30, 2022  |  SMBs

Slowing rate hikes cheer investors, but on Main Street the damage has already been done. Stocks surged about 3% by Wednesday’s close, on the heels...

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Three Insiders Share Their Views on FedNow Pilot
Three Insiders Share Their Views on FedNow Pilot
November 29, 2022  |  Faster Payments

The FedNow Service instant payments system is slated to launch next year — a culmination of an effort stretching out more than three-and-a-half years, a...

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Modern Treasury Sees ‘Tectonic Shift’ of Private Innovation From FedNow Launch
Modern Treasury Sees ‘Tectonic Shift’ of Private Innovation From FedNow Launch
November 21, 2022  |  Faster Payments

In the run-up to the launch of the FedNow real-time payments platform, financial industry insiders are anticipating what the Federal Reserve’s new baby will look...

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Fed Official Neel Kashkari Tweets ‘Entire Notion of Crypto Is Nonsense’
Fed Official Neel Kashkari Tweets ‘Entire Notion of Crypto Is Nonsense’
November 18, 2022  |  Cryptocurrency

Federal Reserve Bank of Minneapolis President Neel Kashkari said Friday (Nov. 18) in a tweet that cryptocurrency has no use and is just a device...

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Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
November 18, 2022  |  Fraud Prevention

Last month, the Fed said it was officially ending debit network exclusivity across all channels. Beginning in 2023, all debit card issuers must enable merchants...

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10 US Banks Participating in Test of Interoperable Digital Money Platform 
10 US Banks Participating in Test of Interoperable Digital Money Platform 
November 15, 2022  |  Cryptocurrency

Ten members of the banking community are working with the New York Innovation Center (NYIC), which is part of the Federal Reserve Bank of New...

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Fed Vice Chair Brainard: Crypto Needs ‘Strong Regulatory Guardrails’
Fed Vice Chair Brainard: Crypto Needs ‘Strong Regulatory Guardrails’
November 14, 2022  |  Regulation

Noting the losses that retail investors have suffered in the cryptocurrency market, Federal Reserve Vice Chair Lael Brainard has reportedly reiterated her view that the...

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