FOMC Members: Economic Outlook Remains Extraordinarily Uncertain
As the coronavirus pandemic continues in the U.S., there remain “an extraordinary amount of uncertainty and considerable risks to the ...
Tag: Federal Reserve
Fed Launches Task Force to Address Coin Shortages During Pandemic
The Federal Reserve announced today that it is forming a task force to address the issue of low coin inventories ...
ABA Flags Issues Around Fed’s Reg D Changes
The American Bankers Association today expressed support for the Federal Reserve’s removal of the six-per-month limit on transfers or withdrawals ...
Have Virtual Currencies Virtually Arrived?
As bitcoin and other private digital currencies gain wider acceptance, is a “central bank digital currency” on the way soon?
Quarles: Large Bank Stress Tests to Assess Industry Performance Under COVID-19 Scenarios
The latest stress test results for the nation’s largest banks will include a “sensitivity analysis” of how institutions would perform ...
Fed Publishes New Standardized Framework for Understanding Payments Fraud
The Federal Reserve today published a new framework that banks and other payment providers can use to classify and understand ...
Powell Discusses Coronavirus Recovery, Effect on LMI Communities
Federal Reserve Chairman Jerome Powell told members of the Senate Banking Committee today that he expects the U.S. economy to ...
Fed to Resume Bank Examination Activities
The Federal Reserve today announced that it will resume its normal bank examination activities
Fed: Small Businesses Face Heightened Risk of Failure Due to Pandemic
The coronavirus pandemic poses “acute risks” to the survival of many of the nation’s small businesses, the Federal Reserve said ...
Fed Holds Interest Rates Steady
As expected, the Federal Reserve announced today that it would hold the target range for the federal funds rate at ...
