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 Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
June 23, 2020  |  B2B Payments

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. Get the Full Story Complete the...

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Boston Fed President: Reopening Must Protect Health To Be Positive News
Boston Fed President: Reopening Must Protect Health To Be Positive News
June 19, 2020  |  Economy

More people going back to work is only positive news if it can be done safely and in the long term, Boston Fed President Eric...

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Economists Recommend More Lenient Terms For Main Street Lending Program
Economists Recommend More Lenient Terms For Main Street Lending Program
June 18, 2020  |  Loans

A pair of former Federal Reserve economists said they think the government should ease the rules on who can participate in the U.S.’s Main Street...

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Powell Urges Congress Not To Pull Back On Stimulus Efforts
Powell Urges Congress Not To Pull Back On Stimulus Efforts
June 17, 2020  |  Economy

As lawmakers battle over another stimulus package, Federal Reserve Board Chairman Jerome Powell told Congress a recovery would be at risk if federal relief is...

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Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic Damage
Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic...
June 17, 2020  |  News

In today’s top news, many jobless Americans can’t afford to seek medical care, and the Fed’s Jerome Powell said the economy is far from a...

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Will ‘Zombie Companies’ Eat The US Economy?
Will ‘Zombie Companies’ Eat The US Economy?
June 16, 2020  |  Economy

You know the setup — the one that’s part of seemingly every horror movie ever made. Would-be victims use their wits to outrun hordes of...

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Powell: US Faces Long-Term Damage As Downturn Persists
Powell: US Faces Long-Term Damage As Downturn Persists
June 16, 2020  |  Economy

Federal Reserve Chair Jerome Powell said Tuesday (June 16) that the economy under the pandemic has continued to cause pain to American citizens despite the appearance...

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US Household Net Worth Drops Record 6.5 Pct In Q1
US Household Net Worth Drops Record 6.5 Pct In Q1
June 14, 2020  |  Economy

Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline in household net worth in the first quarter on 2020, the...

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