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’s Brainard: Economic Recovery So Far Could Be Temporary

Fed’s Brainard: Economic Recovery So Far Could Be Temporary
Fed’s Brainard: Economic Recovery So Far Could Be Temporary
July 14, 2020  |  Economy

Federal Reserve Governor Lael Brainard said the road to recovery for the U.S. economy won’t be an easy one, according to The Wall Street Journal...

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How Retailers Are Cashing In On A US Coin Shortage
How Retailers Are Cashing In On A US Coin Shortage
July 14, 2020  |  Retail

As the United States experiences a coin shortage due to the pandemic, some brick-and-mortar retailers are forcing consumers to tell cashiers to “keep the change.”...

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Fights Over Loan Terms Delayed Main Street Lending Program
Fights Over Loan Terms Delayed Main Street Lending Program
July 12, 2020  |  Loans

More than three months ago, the U.S. Department of the Treasury and the Federal Reserve gave hope to small- to medium-sized businesses (SMBs) with the...

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Fed Releases Main Street Program Lender List
Fed Releases Main Street Program Lender List
July 08, 2020  |  Loans

The Federal Reserve Bank of Boston issued a state-by-state listing of lenders accepting applications from new business customers for the Main Street Lending Program on Wednesday...

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Today In Payments: Atlanta Fed Warns Outbreaks Could Stall Recovery; Big Tech CEOs To Testify In Antitrust Probe
Today In Payments: Atlanta Fed Warns Outbreaks Could Stall Recovery; Big Tech CEOs To Testify...
July 07, 2020  |  News

In today’s top news, a Federal Reserve official warns the surge in coronavirus cases could dampen economic recovery, and the CEOs of the four biggest...

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New Fed Report Recommends ‘Comprehensive Approach’ To Fighting Synthetic Identity Fraud
New Fed Report Recommends ‘Comprehensive Approach’ To Fighting Synthetic Identity Fraud
July 02, 2020  |  Cybersecurity

As a one-size-fits-all solution does not exist for the increasing problem of synthetic identity fraud, The Federal Reserve reports that experts suggest a “comprehensive approach”...

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Fed’s Powell: Path Forward Under Coronavirus Remains Uncertain
Fed’s Powell: Path Forward Under Coronavirus Remains Uncertain
June 29, 2020  |  Economy

With the coronavirus still surging in the United States, Federal Reserve Chairman Jerome Powell is unsure about how the economy will fully recover, CNBC reports....

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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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