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

Slowing Growth Marks August Jobs Data

Slowing Growth Marks August Jobs Data
Slowing Growth Marks August Jobs Data
September 04, 2017  |  Economy

The pace of job growth in the United States slowed a bit in August, decelerating from a prior two months’ worth of heady gains. Get...

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Consumer Spending For July Slightly Under Expectations
Consumer Spending For July Slightly Under Expectations
September 01, 2017  |  Consumer Finance

The Commerce Department said consumer spending in the U.S. saw a uptick that was slightly under what was expected in July, while the annual rate...

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Fed’s Sapenaro On How To Forge Ahead With Payments Innovation
Fed’s Sapenaro On How To Forge Ahead With Payments Innovation
August 31, 2017  |  B2B Payments

With the financial services space shifting from a competitive nature to a collaborative spirit between traditional banks and emerging FinTechs, one major stakeholder in the...

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Fed Chair Says Financial Reform Hasn’t Hurt Economy
Fed Chair Says Financial Reform Hasn’t Hurt Economy
August 28, 2017  |  Bank Regulation

Federal Reserve Chair Janet Yellen defended financial reforms that were put in place after the Great Recession, arguing they have strengthened the financial system and...

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Federal Reserve Names New Payments Strategy Director
Federal Reserve Names New Payments Strategy Director
August 25, 2017  |  B2B Payments

The U.S. Federal Reserve has named a new payments strategy director tasked with heading the agency’s payment system improvement initiatives. The Fed first announced Dave Sapenaro as the...

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Americans’ Debt Level Hits New High
Americans’ Debt Level Hits New High
August 16, 2017  |  Debt

America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. Get the Full Story...

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PayPal Acquires Swift Financial To Expand SMB Lending Options
PayPal Acquires Swift Financial To Expand SMB Lending Options
August 11, 2017  |  Partnerships

The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in...

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Will Big Banks Get a Bottom Line Boost on Deregulation?
Will Big Banks Get a Bottom Line Boost on Deregulation?
July 24, 2017  |  Bank Regulation

Banks’ bottom lines may get a boost from deregulation from Capitol Hill. Get the Full Story Complete the form to unlock this article and enjoy...

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