Federal Reserve
Federal Reserve
-
The Columbus, Ohio, company said Thursday that it expects the Federal Reserve to cut interest rates twice this year and two more times in 2020.
July 25 -
The CEO of a big-bank lobbying group recently said that the central bank may be on the verge of pulling a bait and switch on faster payments. But his comments glossed over a lot of the relevant history.
July 24 -
If the Federal Reserve doesn't maintain an active role, Wall Street megabanks could take over the payments system.
July 24 -
Lawmakers including presidential hopeful Elizabeth Warren have introduced a bill that would put the Federal Reserve in charge of creating its own real-time payments network.
July 24 -
The eight "systemically important" banks currently file resolution plans annually, but a pending proposal would require them every two years.
July 23 -
A group of senators on the Banking Committee sent a letter to the central bank chairman grilling him on the agency's efforts to develop a real-time payments system.
July 22 -
The Democratic presidential candidate argued in a blog post that the U.S. could avoid a recession by canceling most student debt and authorizing regulators to more aggressively monitor leveraged lending.
July 22 -
The Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs.
July 19 -
Ahead of a House hearing to examine his company's proposed merger with SunTrust, King tried to downplay regulatory concerns.
July 18 -
The current overdraft rules could use some tweaks, but it should largely remain the same to protect consumers.
July 18 -
Bank of America says rate cuts could reinvigorate mortgages and that its digital and cards strategies will help it grab more market share to offset shrinking margins.
July 17 -
The bank regulators extended a moratorium for the proprietary trading ban for certain affiliates of foreign banks by an additional two years.
July 17 -
The Treasury Secretary says Facebook’s cryptocurrency plan creates national security issues; the New York Fed chief tells financial firms to stop dragging their feet and move on from Libor.
July 16 -
Granted, the bank's earnings per share topped estimates in the second quarter, but its forecast on net interest income suggests it will be harder for JPMorgan Chase to offset declining revenue from trading stocks and bonds.
July 16 -
The U.S. lacks mechanisms authorized in other countries to flag nonbank risks, Eric Rosengren says.
July 15 -
The company could rein in deposit costs, cut operational expenses and buy back more shares in anticipation of a Federal Reserve rate reduction. Other banks — especially big ones — could do the same.
July 15 -
Readers react to the Fed warming up to CRA reforms, criticize the Democratic presidential candidates, defend Pittsburgh as a megabank attraction and more.
July 11 -
The central bank has a long history of fighting reforms to the Community Reinvestment Act, until now.
July 11 -
The Fed chairman's exchange with House lawmakers Wednesday comes amid President Trump's criticism of Powell and the central bank’s policy decisions.
July 10 -
Interest rates on CDs of six-months or longer have declined since a Federal Reserve meeting in June, according to Moebs Services.
July 9






















