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

Spending Expectations Slow For US Consumers
Spending Expectations Slow For US Consumers
August 10, 2015  |  In Depth

Americans polled in the latest Survey of Consumer Expectations from the New York Federal Reserve Bank are not looking to splurge on much in the...

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Consumer Demand Has Big Banks Charging Up
Consumer Demand Has Big Banks Charging Up
August 05, 2015  |  News

The Federal Reserve’s latest survey of senior loan officers found an increasing demand for home, auto and credit card loans amongst consumers.

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Fed Sued For Anti-Marijuana Ruling
Fed Sued For Anti-Marijuana Ruling
August 03, 2015  |  B2B Payments

Last month, PYMNTS reported on the plight of several congressmen as they worked to provide safeguards for banks that are looking to provide financial services...

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New Fed Task Forces Aimed At Quicker, Safer Payments
New Fed Task Forces Aimed At Quicker, Safer Payments
March 19, 2015  |  News

The Federal Reserve is launching a pair of new task forces to get its real-time payments effort moving, more than two years after it began...

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JPMC Just Squeaks By Fed’s Stress Test
JPMC Just Squeaks By Fed’s Stress Test
March 06, 2015  |  News

JPMorgan Chase, which has been fighting to keep from getting smaller in the face of new capital requirements, passed the first round of the Federal...

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