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 Study: Two-Thirds of Adults Say Inflation Made Financial Situation ‘Worse’

Fed Study: Two-Thirds of Adults Say Inflation Made Financial Situation ‘Worse’
Fed Study: Two-Thirds of Adults Say Inflation Made Financial Situation ‘Worse’
May 23, 2024  |  Consumer Insights

Inflation continues to impact the financial lives of U.S. consumers — with a new Federal Reserve study showing that higher prices have made financial situations...

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Debit Fee Cap Proposal Comment Period Floods Fed Website
Debit Fee Cap Proposal Comment Period Floods Fed Website
May 23, 2024  |  Bank Regulation

The Federal Reserve’s proposal to lower debit interchange fee caps has drawn a flurry of responses — roughly 2,500 responses, in fact — from trade...

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The Fed Reportedly Backing Off Tougher Capital Requirements
The Fed Reportedly Backing Off Tougher Capital Requirements
May 19, 2024  |  Banking

The tougher capital requirements the government had planned for banks may not be as tough. Get the Full Story Complete the form to unlock this article and...

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Online Sales Recede From 2023’s Year-End Splurge
Online Sales Recede From 2023’s Year-End Splurge
May 17, 2024  |  eCommerce

The year-end-splurge online may come as no surprise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Supreme Court Ruling on CFPB Paves Path for Open Banking
Supreme Court Ruling on CFPB Paves Path for Open Banking
May 16, 2024  |  CFPB

Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial Protection Bureau’s funding mechanisms — and ensuring the agency’s survival — takes one through centuries of...

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Fed Surveys Find Lasting Appeal for Faster, Digital Transactions
Fed Surveys Find Lasting Appeal for Faster, Digital Transactions
May 15, 2024  |  Real-Time Payments

Consumers and businesses — running the gamut of transaction types and across demographics —  are pivoting toward faster and digital payment options.  Get the Full...

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Ahead of Hill Hearing, Regulators Say Banks ‘Resilient’ but Risks Remain
Ahead of Hill Hearing, Regulators Say Banks ‘Resilient’ but Risks Remain
May 14, 2024  |  Banking

Testimony from some of the top regulators in the country ahead of a Wednesday (May 15) Capitol Hill hearing on bank oversight took note of...

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Bank of America CEO: Consumers Show Spending ‘Resilience’
Bank of America CEO: Consumers Show Spending ‘Resilience’
May 14, 2024  |  Economy

Bank of America’s CEO says consumer spending is still healthy despite steep interest rates. Get the Full Story Complete the form to unlock this article and...

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