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

Report: US Regulators Could Debut Banking Rules This Spring

Report: US Regulators Could Debut Banking Rules This Spring
Report: US Regulators Could Debut Banking Rules This Spring
March 05, 2024  |  Legal & Regulation

The Federal Reserve and other American regulators could reportedly unveil new banking regulations this spring. Get the Full Story Complete the form to unlock this article and...

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Consumers Cool on Spending Even as Inflation Slows
Consumers Cool on Spending Even as Inflation Slows
February 29, 2024  |  Economy

The headlines Thursday (Feb. 29) trumpet the fact that inflation rose in January at the rate most people expected — by 3% month on month....

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GOP Pushes to Ban CBDCs Over Privacy Concerns
GOP Pushes to Ban CBDCs Over Privacy Concerns
February 27, 2024  |  CBDC

Five Senate Republicans have introduced legislation that would block the digital dollar. Get the Full Story Complete the form to unlock this article and enjoy...

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Regions Financial Managing Deposit Costs, Expecting Fed Interest Rate Cuts
Regions Financial Managing Deposit Costs, Expecting Fed Interest Rate Cuts
February 21, 2024  |  Banking

Regions Financial is shortening the tenors of certificates of deposits (CDs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Fed Data Reinforces BNPL’s Appeal for Consumers Across the Income Spectrum
Fed Data Reinforces BNPL’s Appeal for Consumers Across the Income Spectrum
February 16, 2024  |  BNPL

Back in June, PYMNTS Intelligence crystallized the fact that buy now, pay later (BNPL) payment options were gaining notice and demand from a wide swath...

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Consumers Prefer Instant Payments, Federal Reserve and PYMNTS Data Show
Consumers Prefer Instant Payments, Federal Reserve and PYMNTS Data Show
February 16, 2024  |  Real-Time Payments

An official with the Atlanta Federal Reserve says findings from a 2023 Federal Reserve study confirm the growing appetite for instant payments. Get the Full...

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Fed Governor: Some Cross-Border Payment Frictions Are Necessary
Fed Governor: Some Cross-Border Payment Frictions Are Necessary
February 15, 2024  |  Cross-border Payments

When it comes to cross-border payments, there are necessary and unnecessary frictions. Get the Full Story Complete the form to unlock this article and enjoy...

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Fed’s Michael Barr Uncertain If Economy Can Have Soft Landing
Fed’s Michael Barr Uncertain If Economy Can Have Soft Landing
February 14, 2024  |  Economy

It’s still too early to determine if the economy can have a soft landing, Michael Barr, vice chair for supervision at the Federal Reserve, said Wednesday (Feb....

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