FedNow to raise transaction limit to $10M
Starting in November, the FedNow Service network transaction limit will be increased from $1 million to $10 million in response ...
Tag: Federal Reserve
Senate Banking Committee advances Miran nomination
The Senate Banking Committee voted 13-11 to advance the nomination of economist Stephen Miran for an open seat on the ...
Court issues injunction against removal of Cook from Fed board
A federal court issued a preliminary injunction against President Trump's removal of Federal Reserve Governor Lisa Cook from the Fed ...
From cautious optimism to renewed concerns
Commercial and industrial loans reverse course in the April 2025 Senior Loan Officer Opinion Survey.
Consumer credit increased 3.8% in July
Consumer credit increased at a seasonally adjusted annual rate of 3.8% in July, the Federal Reserve reported.
New York Fed: Short-term inflation expectations tick up
Consumer inflation expectations in August ticked up at the short-term horizon and remained unchanged at the medium- and longer-term horizons, ...
FinCEN, banking agencies issue guidance on cross-border information sharing
FinCEN and U.S. banking agencies released guidance for financial institutions on how to share financial information with their counterparts in ...
Fed nominee Miran stresses central bank independence
Independence of monetary policy is a critical element for the Federal Reserve’s success, economist Stephen Miran said during his nomination ...
Beige Book: Little change in recent economic activity
Most of the 12 Federal Reserve districts reported little or no change in economic activity since July, with the four ...
Fed to host conference on payments in October
The conference will bring together a range of interested parties to discuss how to further innovate and improve the payments ...
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