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

US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin

US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin
US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin
January 30, 2022  |  Legal & Regulation

The U.S. Chamber of Commerce has concerns about a Biden nominee for the top banking supervisor at the Federal Reserve, Sarah Bloom Raskin, because she’s...

READ MORE >
This Week in CBDCs: Fed Notes Downside of Digital Coins; Iran and Japan Show Interest
This Week in CBDCs: Fed Notes Downside of Digital Coins; Iran and Japan Show Interest
January 28, 2022  |  CBDC

This week in central bank digital currencies (CDBCs), the Federal Reserve sounds a note of caution about a nationwide digital currency, while Japan and Iran...

READ MORE >
US Banks Look for Interest Earning to Rebound in ’22
US Banks Look for Interest Earning to Rebound in ’22
January 27, 2022  |  Bank Regulation

A new economic forecast says U.S. banks will see more growth from the “bread and butter” business of taking deposits and lending money, Reuters writes....

READ MORE >
Fed Releases FedNow Pricing Schedule
Fed Releases FedNow Pricing Schedule
January 27, 2022  |  Real-Time Payments

The Federal Reserve has announced the anticipated pricing for its FedNow service for instant payments, a press release says. Get the Full Story Complete the...

READ MORE >
Bitcoin’s Highly Touted Decoupling vs. Fed’s Rate Hike Reality
Bitcoin’s Highly Touted Decoupling vs. Fed’s Rate Hike Reality
January 26, 2022  |  Cryptocurrency

Federal Reserve Chairman Jerome Powell did exactly what he was expected to do Wednesday (Jan. 26), hinting even more strongly that interest rate hikes are...

READ MORE >
The Three Most Important Questions for the Fed on Its CBDC Plans
The Three Most Important Questions for the Fed on Its CBDC Plans
January 24, 2022  |  CBDC

The Fed released its long-awaited paper on Central Bank Digital Currencies last week. After reading it, I don’t get the feeling that even the authors...

READ MORE >
Fed’s Digital Dollar Report Finally Drops, With More Questions Than Answers
Fed’s Digital Dollar Report Finally Drops, With More Questions Than Answers
January 20, 2022  |  CBDC

The Federal Reserve has finally dropped its long-awaited central bank digital currency report and it is … careful. Get the Full Story Complete the form...

READ MORE >
Fed White Paper Examines Creating Digital Dollar
Fed White Paper Examines Creating Digital Dollar
January 20, 2022  |  CBDC

The U.S. Federal Reserve has said making an official digital dollar might give Americans greater and faster payment options at the cost of some potential...

READ MORE >