Firms’ year-ahead inflation expectations remained “relatively unchanged” in August, staying just above where they were before the pandemic, the Federal Reserve Bank of Atlanta said Wednesday (Aug. 21). On average, firms expect inflation of 2.2%, according to the Atlanta Fed’s Wednesday press release about its Business Inflation...
The Federal Reserve Bank of Atlanta has a new first vice president and chief operating officer. Cheryl Venable, who has been with the bank since 1991, will assume her new role Aug. 1, the Federal Reserve announced in a news release Thursday (June 27). Her...
The widespread adoption of person-to-person (P2P) payment apps and services has fueled a surge in credit-push payment volume, a trend that has been further accelerated by the recent introduction of real-time payments in the United States. As this payments landscape continues to evolve rapidly, fraudsters are...
Consumers have increasingly stopped carrying cash. Businesses are trying to get them to start. As The Wall Street Journal reported Sunday (Oct. 15), merchants are now offering discounts for paying for cash as a way to avoid credit card transaction fees. The report, citing data from...
August 21, 2024
Firms’ year-ahead inflation expectations remained “relatively unchanged” in August, staying just above where they were before the pandemic, the Federal Reserve Bank of Atlanta said Wednesday (Aug. 21). On average, firms expect inflation of 2.2%, according to the Atlanta Fed’s Wednesday press release about its Business Inflation Expectations (BIE) Survey for August. That figure is down slightly […]
July 01, 2024
The Federal Reserve Bank of Atlanta has a new first vice president and chief operating officer. Cheryl Venable, who has been with the bank since 1991, will assume her new...
October 15, 2023
Consumers have increasingly stopped carrying cash. Businesses are trying to get them to start. As The Wall Street Journal reported Sunday (Oct. 15), merchants are now offering discounts for paying for...
May 15, 2020
Just when the economy can’t take any more bad news, the Federal Reserve Bank of Atlanta is predicting the national gross domestic product (GDP) is expected to drop by nearly...
