The Federal Reserve today announced new pricing for the payment services that Fed banks provide to depository institutions, such as the clearing of checks, ACH transactions, and wholesale payment and settlement services. The changes take effect Jan. 2, 2024. The Fed also announced that it will maintain the current schedule for the FedNow service, inclusive of discounts.
Home prices increased 3.6% in October 2024 compared to the same month a year ago, down from a 3.9% rise the previous month, according to the S&P CoreLogic Case-Shiller Index.
Pending home sales increased 2.2% in November 2024 from the prior month, the National Association of Realtors said.
DOJ’s filing asked the high court to narrow the “district court’s vastly overbroad injunction.”
House prices rose 4.5% from October 2023 to October 2024. The previously reported 0.7% price growth in September remained unchanged.
The January deadline for covered businesses to register their beneficial ownership information is once again on hold following a Dec. 26 order from the Fifth Circuit Court of Appeals.
ABA has raised concerns about the stress test process in the past, citing a lack of transparency in the process and that it has resulted in higher capital rules that hurt bank lending and economic growth.
