federal reserve

Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

Source: federalreserve.gov

Central Bank Conundrums Bode Ill For (Most) Stocks
Central Bank Conundrums Bode Ill For (Most) Stocks
September 14, 2016  |  Banking

Live by the central banks, die by the central banks. The age of easy money and low interest rates — and, in some cases, negative...

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Corporates Race To Borrow Ahead Of Rate Hike
Corporates Race To Borrow Ahead Of Rate Hike
September 02, 2016  |  B2B Payments

It’s no guarantee that the Federal Reserve will increase interest rates again, but corporations are betting on it — and soon. Reports by Financial Times on Thursday...

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Berkshire’s Stake In Wells Fargo Piquing Interest Of Regulators
Berkshire’s Stake In Wells Fargo Piquing Interest Of Regulators
August 05, 2016  |  Regulation

Berkshire Hathaway is a big fan of financial services company Wells Fargo, but Warren Buffett’s support of the San Francisco bank could cause his company...

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American Consumers Bought More Than Expected In Second Quarter
American Consumers Bought More Than Expected In Second Quarter
August 03, 2016  |  Consumer Insights

American consumers bought more goods and services in the second quarter of 2016, according to a report on Tuesday (Aug. 2) from Reuters. The numbers...

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The Fed Rate Debate Continues
The Fed Rate Debate Continues
July 28, 2016  |  Payment Methods

The Federal Reserve may not be raising rates just yet, having kept its benchmark at current levels, but as The New York Times reported, there’s...

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Embracing An ISO 20022 Roadmap
Embracing An ISO 20022 Roadmap
July 25, 2016  |  B2B Payments

Dialogue continues among stakeholders in adopting an ISO framework, especially in cross-border B2B payments, and key considerations center on an incremental or more comprehensive approach...

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Fed May Enhance Bank Cyberattack Safeguards
Fed May Enhance Bank Cyberattack Safeguards
July 11, 2016  |  Security & Fraud

The onslaught of global cyberattacks targeted towards financial institutions may be pushing U.S. regulators to consider increased safeguards to protect the banking industry. The Federal...

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Berkshire Wants Higher Wells Fargo Stake
Berkshire Wants Higher Wells Fargo Stake
July 05, 2016  |  Payment Methods

Berkshire Hathaway, perhaps best known as the conglomerate steered by Warren Buffett, the famed investor, wants to boost its stake in Wells Fargo. As has...

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