Source: federalreserve.gov
The paydowns earlier this year were temporary. And as the latest consumer credit data from the Federal Reserve on Friday (June 6) indicated, consumers turned...
Two days after being confirmed to be the Federal Reserve’s vice chair for supervision, Michelle Bowman said she aims to “refocus supervisory and regulatory efforts...
A month and a half since the Federal Reserve’s last Beige Book, which takes the pulse of the economy through observations of businesses and community...
The U.S. economy remains solid, but tariff-driven uncertainty is complicating the Federal Reserve’s efforts to balance price stability and maximum employment, Federal Reserve Governor Lisa...
The Federal Reserve’s System Open Market Account (SOMA) saw its net income decline for the second year in a row in 2024 and could see...
A burst of announcements, from Visa’s “buyer-protected” account-to-account (A2A) service in the U.K. to fresh funding for variable recurring payments, has pushed bank-to-bank transfers back...
Regulators are reportedly preparing to loosen banking restrictions imposed following the 2008 financial crisis. Get the Full Story Complete the form to unlock this article...
Earlier this year, PYMNTS Intelligence detailed the ways in which pay later plans — and buy now, pay later (BNPL) offerings in particular — have...
JPMorgan Chase CEO Jamie Dimon reportedly said Friday (May 30) that after excessive spending by the U.S. government and quantitative easing by the Federal Reserve, a crack...