Browsing: Feds

More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency…

A Federal Reserve official emphasized the importance of the central bank’s independence, warning that interference could lead to higher inflation.Federal Reserve Bank of Chicago President Austan…

Meeting date Rate change Target & target range Sept. 18, 2007 -50 basis points 4.75 percent Oct. 30-31, 2007 -25 basis points 4.5 percent Dec. 11,…

Adriana Kugler, member of the Federal Reserve Board of Governors. Al Drago/Bloomberg The Federal Reserve Board will have its first vacancy of President Donald Trump’s second…

Buy now/pay later products could have similar pitfalls to payday lenders and other predatory financial services, according to the Federal Reserve’s former top regulator.Speaking at a…

There are many, many different scenarios…where inflation does or doesn’t prove out to be at the levels we think, where the labor market does or doesn’t…

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in…

Biggest winners and losers from the Fed’s latest meeting Source link

Trustmark National Bank is enjoying an early exit from a consent order stemming from a Biden-era redlining investigation. The Jackson, Mississippi-based lender and servicer is free of…

Federal Reserve Gov. Lisa Cook. Bloomberg News Federal Reserve Gov. Lisa Cook said that financial markets fared well in the face of uncertainty sparked by President…