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

New York Fed: Consumers Expect Inflation to Slow
New York Fed: Consumers Expect Inflation to Slow
June 09, 2025  |  Consumer Insights

Consumers’ expectations about the direction of inflation broadly improved in May. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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CFPB Funding in Crosshairs of Senate Banking Committee’s Megabill Provisions
CFPB Funding in Crosshairs of Senate Banking Committee’s Megabill Provisions
June 09, 2025  |  CFPB

A so-called megabill grabbing headlines and making its way through Congress is on track to further alter the Consumer Financial Protection Bureau, an agency already...

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Merchandise Inflation Increases as Companies Feel Tariff Pain
Merchandise Inflation Increases as Companies Feel Tariff Pain
June 08, 2025  |  Economy

American consumers likely saw somewhat faster inflation last month, especially for merchandise. Get the Full Story Complete the form to unlock this article and enjoy...

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Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
June 06, 2025  |  Economy

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...

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New Fed Vice-Chair Bowman Sharpens Focus on ‘Core Financial Risks’
New Fed Vice-Chair Bowman Sharpens Focus on ‘Core Financial Risks’
June 06, 2025  |  Bank Regulation

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...

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Fed’s Beige Book Shows Muted Hiring and Spending as Uncertainty Lingers
Fed’s Beige Book Shows Muted Hiring and Spending as Uncertainty Lingers
June 05, 2025  |  Economy

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...

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Fed Governor Lisa Cook: Tariffs Threaten Price Stability and Employment
Fed Governor Lisa Cook: Tariffs Threaten Price Stability and Employment
June 03, 2025  |  Economy

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...

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Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
June 03, 2025  |  Economy

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...

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Glossary Cuts Through Jargon Surrounding A2A Payments
Glossary Cuts Through Jargon Surrounding A2A Payments
June 02, 2025  |  Payment Methods

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...

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