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 Chairman Weighs In On Corporate Debt Risk

Fed Chairman Weighs In On Corporate Debt Risk
Fed Chairman Weighs In On Corporate Debt Risk
May 22, 2019  |  B2B Payments

Federal Reserve Chairman Jerome Powell offered his thoughts on rising corporate debt levels in the U.S. and abroad just weeks after the Fed released its...

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US Credit Card Rates Hit All-Time High
US Credit Card Rates Hit All-Time High
May 17, 2019  |  Consumer Finance

Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and...

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CFPB To Review Fed’s 2009 Overdraft Rule
CFPB To Review Fed’s 2009 Overdraft Rule
May 13, 2019  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced that is reviewing the Federal Reserve‘s overdraft protection rule to find out if it “should be amended or...

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Fed Seeks Comment On New Operating Hours For Fedwire Funds
Fed Seeks Comment On New Operating Hours For Fedwire Funds
May 10, 2019  |  Banking

The Federal Reserve has released a request for comment on potential changes to its National Settlement Service (NSS) and Fedwire Funds Service, as well as...

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Federal Reserve Voices Concern Over Corporate Debt
Federal Reserve Voices Concern Over Corporate Debt
May 08, 2019  |  B2B Payments

Record levels of corporate debt in the U.S. have caught the attention of the Federal Reserve. According to Reuters on Tuesday (May 7), the Fed released...

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Fed Sees Jump In SMB Capital Demand
Fed Sees Jump In SMB Capital Demand
April 18, 2019  |  B2B Payments

The Federal Reserve has released new data on small businesses’ appetite for capital, and it appears that financing demand is on the rise. Get the...

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Cambodia, Singapore In X-Border FinTech Pact
Cambodia, Singapore In X-Border FinTech Pact
April 16, 2019  |  B2B Payments

The central banks of Singapore and Cambodia have struck a pact to work together on FinTech development. Elsewhere, the Federal Reserve may take a closer...

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Fed Eyes Changes To Banks’ Liquidity, Living Will Regulations
Fed Eyes Changes To Banks’ Liquidity, Living Will Regulations
April 09, 2019  |  Bank Regulation

In what may be a rollback of at least some banking regulations put in place in the wake of the financial crisis a decade ago,...

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