Americans’ expectations for how much more they will spend next year fell in March to 3.4 percent, declining from 4 percent in February, according to the Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations.
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The U.S. financial regulatory structure could be streamlined to improve effectiveness, according to a report published yesterday by the U.S. Government Accountability Office.
The Federal Reserve today released financial statements — independently audited by KPMG — for the combined system.
ABA this week met with the White House’s Office of Management and Budget to discuss the Department of Labor’s pending fiduciary rule, which redefines who counts as a fiduciary under the Employee Retirement Income Security Act.
The Federal Reserve’s Faster Payments Task Force is inviting payment innovators to submit capabilities that can support end-to-end faster payments solutions to its Capability Showcase, a web forum where solutions providers can share new technologies and ideas.
The Federal Reserve today announced the 12 regional Federal Reserve Banks’ chairmen and deputy chairmen for 2016.
Federal Reserve Chairman Janet Yellen said today that the economy has “recovered substantially” in recent years and hinted that an increase to the federal funds rate could come before year-end while cautioning that a delay could inadvertently lead to another recession.
The Federal Reserve Board today issued a final rule, as required by the Dodd-Frank Act, specifying procedures and requirements for emergency lending under the Federal Reserve Act.
The Federal Reserve yesterday announced the annual indexing of the low reserve tranche and the reserve requirement exemption amount for 2016.