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

Fed Officials Reportedly More Divided Than Ever on Rate Hikes

Fed Officials Reportedly More Divided Than Ever on Rate Hikes
Fed Officials Reportedly More Divided Than Ever on Rate Hikes
May 19, 2023  |  Economy

Federal Reserve officials reportedly seem more divided than ever on whether more interest rate hikes are needed. Get the Full Story Complete the form to unlock...

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US Lawmakers Debate Dueling Stablecoin Bill Drafts
US Lawmakers Debate Dueling Stablecoin Bill Drafts
May 18, 2023  |  Legal & Regulation

U.S. lawmakers faced off Thursday (May 18) over two proposed stablecoin bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Fed Lending, Business Formation Data Hint at Main Street Crunch
Fed Lending, Business Formation Data Hint at Main Street Crunch
May 17, 2023  |  SMBs

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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ACI Worldwide Teams With Corporate One for FedNow Launch
ACI Worldwide Teams With Corporate One for FedNow Launch
May 16, 2023  |  Real-Time Payments

ACI Worldwide says it is among the first payments firms certified for the U.S. Federal Reserve’s FedNow instant payments service, due to launch in July....

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Fed Plans to Improve ‘Speed, Force and Agility’ of Supervision
Fed Plans to Improve ‘Speed, Force and Agility’ of Supervision
May 15, 2023  |  Bank Regulation

The Federal Reserve Board aims to make changes after the recent banking crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Jack Henry Adds FedNow to Real-Time Payments Offerings
Jack Henry Adds FedNow to Real-Time Payments Offerings
May 15, 2023  |  Real-Time Payments

Payments processor Jack Henry says it is “operationally ready” to support the Federal Reserve’s FedNow service. Get the Full Story Complete the form to unlock...

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Blackstone Wants to Partner with Regional Banks in Loan Originations
Blackstone Wants to Partner with Regional Banks in Loan Originations
May 11, 2023  |  Banking

Blackstone wants to give regional banks more lending power ahead of a looming credit crunch. Get the Full Story Complete the form to unlock this...

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Affluent Consumers Temper Spending as Recession Concerns Mount
Affluent Consumers Temper Spending as Recession Concerns Mount
May 08, 2023  |  Economy

The latest data from the Federal Reserve released Monday (May 8) show that consumers think inflation’s here for the long term. Get the Full Story...

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