Fed to expand Fedwire, NSS operations to Sundays, holidays
The Fed announced that Fedwire Funds Service and National Settlement Service operations will be expanded to include Sundays and weekday ...
Tag: Federal Reserve
FOMC minutes show divide on rate cuts
While most Federal Open Market Committee members voted to trim the federal funds rate at their September meeting, some said ...
Federal Reserve appeals Reg II interchange fee court ruling
The Federal Reserve appealed a federal court ruling striking down Regulation II’s standard for setting debit interchange fees.
Consumer credit increased 0.1% in August
Consumer credit increased at a seasonally adjusted annual rate of 0.1% in August, the Federal Reserve reported.
New York Fed: Short-term inflation expectations rose in September
Consumer inflation expectations in September increased at the short- and longer-term horizons and were unchanged at the medium-term horizon, according ...
New York Fed study examines media role in 2023 bank failures
A new study of investor behavior during the 2023 bank runs found that news coverage was at least as important ...
Agencies issue reminder about flood insurance during government shutdown
Federal banking agencies reissued previously provided guidance on flood insurance requirements during a lapse in the National Flood Insurance Program. ...
Plaintiffs, Fed seek extension of court stay in stress test lawsuit
The plaintiffs and Federal Reserve filed a joint motion asking a federal court to once again extend a pause in ...
Supreme Court punts decision on Fed’s Cook until 2026
The U.S. Supreme Court will wait until next year before considering an appeal by the Trump administration to overturn a ...
ABA, state associations: Reject proposal to prevent Fed from paying interest on bank services
In a joint letter to Senate leaders, ABA and 52 state bankers associations said they are deeply concerned about a ...
