Browsing: Fed

Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further, and expressed concern about the impact…

Asiavision | E+ | Getty ImagesCollectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt…

Federal Reserve Chair Jerome Powell.Bloomberg News Access to the Federal Reserve’s payments systems will no longer be predicated on a financial institution’s reputation, Fed Chair Jerome…

A Texas company struggling to extricate itself from a failed investment strategy could get a fresh start after a Federal Reserve order appears to green light…

You’ve likely heard that one of President Trump’s goals is to lower mortgage rates.He talked about it on the campaign trail before he got elected, and…

Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty…

Federal Reserve Gov. Christopher Waller.Al Drago/Bloomberg The Federal Reserve is no longer exploring the creation of a central bank digital currency for interbank transactions, according to…

Delaying deposit decisions? Consider the cost before waiting on the Fed Source link

Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market. A stock sell-off and a barrage…

WASHINGTON — Bank groups in all 50 states, plus Puerto Rico, asked Treasury Secretary Scott Bessent to choose Federal Reserve Gov. Michelle Bowman as the central…