Fed

Fed Action Against Customers Bank Underscores Crypto’s Challenges
Fed Action Against Customers Bank Underscores Crypto’s Challenges
August 12, 2024  |  Cryptocurrency

Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers...

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Fed Governor: Inflation Still at ‘Uncomfortable’ Level
Fed Governor: Inflation Still at ‘Uncomfortable’ Level
August 11, 2024  |  Economy

Despite some progress, Federal Reserve Governor Michelle Bowman says inflation remains “uncomfortably above” 2%. “Should the incoming data continue to show that inflation is moving...

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Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
October 17, 2023  |  CBDC

Federal Reserve Governor Michelle Bowman is concerned about the potential risks associated with a U.S. central bank digital currency (CBDC). Speaking Tuesday (Oct. 17) at...

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Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
April 23, 2023  |  Economy

After pandemic and inflation woes, Main Street is digging in to face economic headwinds on the horizon. Small to medium-sized businesses (SMBs) seeking a chance...

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Fed Report Spotlights Main Street SMB Labor and Lending Pressures
Fed Report Spotlights Main Street SMB Labor and Lending Pressures
November 30, 2022  |  SMBs

Slowing rate hikes cheer investors, but on Main Street the damage has already been done. Stocks surged about 3% by Wednesday’s close, on the heels...

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Federal Reserve’s Next 3 Years Include Instant Payments ‘Easy Button’
Federal Reserve’s Next 3 Years Include Instant Payments ‘Easy Button’
November 03, 2022  |  Faster Payments

The term “central bank” brings to mind thoughts of stability, resilience and trust, all things that have been part of the Federal Reserve’s DNA for...

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Fed Tightens Rules on Card-Not-Present Debit Transactions
Fed Tightens Rules on Card-Not-Present Debit Transactions
October 03, 2022  |  Regulation

The Federal Reserve’s Board of Governors said Monday (Oct, 3) that it was officially ending so-called network exclusivity and would instead require all debit card...

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Fed’s Digital Dollar Report Finally Drops, With More Questions Than Answers
Fed’s Digital Dollar Report Finally Drops, With More Questions Than Answers
January 20, 2022  |  CBDC

The Federal Reserve has finally dropped its long-awaited central bank digital currency report and it is … careful. Nonetheless, the report, Money and Payments: The...

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Fed Report: 2020 Closes Out With Slight Economic Uptick 
Fed Report: 2020 Closes Out With Slight Economic Uptick 
January 13, 2021  |  Economy

The U.S. economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic...

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