ABA letter: Claims of bank ‘windfalls’ from Fed raising rates is misleading
A recent analysis by the U.K.’s Financial Times claiming that two and a half years of Federal Reserve rate hikes ...
Tag: Federal Reserve
Banking agencies outline supervisory practices for areas hit by Hurricane Helene
In a joint statement, state and federal banking agencies said they recognize the serious effects of Hurricane Helene on the ...
Fed’s Cook calls for consensus in AI regulation
Federal Reserve Governor Lisa Cook called for a consensus to be reached in the regulation of artificial intelligence, which she ...
Powell: Fed will work with banks to assist communities hit by Hurricane Helene
Federal Reserve Chairman Jerome Powell said the central bank is ready to work with banks to get financial assistance to ...
Bank economists: Soft landing remains likely, but risks remain
ABA’s Economic Advisory Committee expects moderating inflation to enable the Federal Reserve to reduce the federal funds rate and support ...
Fed’s Bowman explains why she didn’t support recent rate cut
Federal Reserve Governor Michelle Bowman said that she didn’t support the Federal Open Market Committee’s recent decision to trim rates ...
FOMC cuts rates by 50 basis points
The Federal Open Market Committee announced that it would lower the target range for the federal funds rate by 50 ...
Survey: U.S. consumers have concerns about lowering debit card interchange fees
Most U.S. consumers with an opinion on debit card interchange fees agree the fees are necessary for fraud prevention efforts, ...
Banking agencies extend comment period for bank-fintech information request
Federal Reserve, FDIC and OCC extended the public comment period for their request for information on bank partnerships with financial ...
Rep. Barr: Reg II debit card proposal would hurt community banks, customers
The Federal Reserve’s proposal to revise Regulation II to lower debit card interchange fees could push many Americans into being ...
