Fed

Fed Banking Chief Michael Barr Announces Departure Ahead of Trump Arrival

Fed Banking Chief Michael Barr Announces Departure Ahead of Trump Arrival
Fed Banking Chief Michael Barr Announces Departure Ahead of Trump Arrival
January 06, 2025  |  Personnel

The Federal Reserve’s top banking regulator plans to step down in late February. Michael Barr, the central bank’s vice chair for supervision, is due to...

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Beyond Big Names: How Community Banks and Credit Unions Can Attract Corporate Clients
Beyond Big Names: How Community Banks and Credit Unions Can Attract Corporate Clients
September 23, 2024  |  Banking

The Federal Deposit Insurance Corp.’s latest data on deposits shows just how bifurcated the banking industry is, in terms of the largest players, home to...

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More Federal Reserve Districts Report Flat or Declining Economic Activity
More Federal Reserve Districts Report Flat or Declining Economic Activity
September 04, 2024  |  Economy

The number of Federal Reserve districts reporting flat or declining economic activity rose from five in July to nine in August. Only three of the 12...

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Atlanta Fed: Firms’ Year-Ahead Inflation Expectations ‘Relatively Unchanged’ at 2.2%
Atlanta Fed: Firms’ Year-Ahead Inflation Expectations ‘Relatively Unchanged’ at 2.2%
August 21, 2024  |  Economy

Firms’ year-ahead inflation expectations remained “relatively unchanged” in August, staying just above where they were before the pandemic, the Federal Reserve Bank of Atlanta said Wednesday...

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Fed Action Against Customers Bank Underscores Crypto’s Challenges
Fed Action Against Customers Bank Underscores Crypto’s Challenges
August 12, 2024  |  Cryptocurrency

Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers...

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Fed Governor: Inflation Still at ‘Uncomfortable’ Level
Fed Governor: Inflation Still at ‘Uncomfortable’ Level
August 11, 2024  |  Economy

Despite some progress, Federal Reserve Governor Michelle Bowman says inflation remains “uncomfortably above” 2%. “Should the incoming data continue to show that inflation is moving...

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Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
October 17, 2023  |  CBDC

Federal Reserve Governor Michelle Bowman is concerned about the potential risks associated with a U.S. central bank digital currency (CBDC). Speaking Tuesday (Oct. 17) at...

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Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
April 23, 2023  |  Economy

After pandemic and inflation woes, Main Street is digging in to face economic headwinds on the horizon. Small to medium-sized businesses (SMBs) seeking a chance...

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