Federal Reserve Bank of New York

Consumers See Inflation Moderating Longer Term, but Gird for Short-Term Price Pressures
Consumers See Inflation Moderating Longer Term, but Gird for Short-Term Price Pressures
August 12, 2024  |  Economy

The latest reading on consumers’ expectations about inflation — where it’s headed one year from now, three years from now, five years from now —...

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Could Mixed Inflation Expectations Predict A Spending Slowdown?
Could Mixed Inflation Expectations Predict A Spending Slowdown?
July 08, 2024  |  Economy

A bumpy but generally downward path for inflation — and the prices paid for all manner of goods — may pressure consumers to pull back...

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Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
June 20, 2024  |  Authentication

For banks, forging partnerships with nonbanks and FinTechs has been a key way to capitalize on growth opportunities in private credit. But the increasing connectedness...

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Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
June 18, 2024  |  Banking

Coming into 2024, PYMNTS spotlighted the appeal of private credit, also known as private debt, issued to corporates, and which offered up, and still offers,...

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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. The share of...

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Fed Says Consumers See Higher-for-Longer Inflation
Fed Says Consumers See Higher-for-Longer Inflation
May 13, 2024  |  Consumer Insights

Consumers are girding for inflation to settle in over the long haul. But they intend to keep spending. As reported on Monday (May 13), the  Federal...

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Fed Data: US Consumers See Higher Risk of Missing Debt Payments
Fed Data: US Consumers See Higher Risk of Missing Debt Payments
April 08, 2024  |  Economy

Takeaways from the Federal Reserve Bank of New York’s March Survey of Consumer Expectations include emerging concerns about debt. Consumers haven’t budged in their expectations...

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Central Banks and BIS Test Tokenization to Speed Cross-Border Payments   
Central Banks and BIS Test Tokenization to Speed Cross-Border Payments   
April 03, 2024  |  Cross-border Payments

Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem...

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Consumers’ Near-Term Inflation Concerns Remain Steady
Consumers’ Near-Term Inflation Concerns Remain Steady
March 11, 2024  |  Economy

Consumers have a stable short-term inflation outlook but a cautious view for the medium to long term. While near-term inflation expectations are steady at 3.0%,...

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