The following information was released by the Federal Reserve Board:. Thank you for the opportunity to speak to you today. Congress has recently passed legislation that provides some clarity to issuers of stablecoins about how they can fit into the regulatory and supervisory framework.
Economic News
The following information was released by the Federal Reserve Bank of Atlanta:. Speaking to an audience in Nashville, Bostic said he factors three information sources into his decision making. He then presents this narrative to the Federal Open Market Committee, where he serves this year as a nonvoting participant in the group that meets eight times a year to…
JOHNSTOWN, Pa.– Anna Paulson, president and CEO of the Federal Reserve Bank of Philadelphia, visited Johnstown Wednesday to learn how policy made in Washington affects families, businesses and communities. She met with community stakeholders in Johnstown Wednesday, including Goodwill of the Southern Alleghenies President and CEO Brad Burger.
The average rate on a 30- year U.S. mortgage declined again this week, easing to just above its lowest level this year. The latest dip brings the average rate to just above 6.26%, where it was four weeks ago after a string of declines brought down home loan borrowing costs to their lowest level since early October 2024. They generally follow the trajectory of the 10-…
The following information was released by the Federal Reserve Board:. At DC Fintech Week, Arlington, Virginia. Thank you for the opportunity to speak to you today about artificial intelligence. 1 AI is a powerful and rapidly advancing technology that has captured everyone's attention.
Today, Congresswoman Ayanna Pressley, a member of the House Financial Services Committee, and Senator Elizabeth Warren, Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs led 70 members of Congress in a letter calling on the Trump administration to address the ongoing and unprecedented wave of student loan delinquencies and…
The following information was released by the Federal Reserve Bank of Atlanta:. Economic activity in the Southeast was little changed from mid-August through September as compared to the previous couple of months, according to the new Beige Book report from the Federal Reserve Bank of Atlanta. In the Atlanta Fed's Sixth Districtcomprising Alabama, Florida,…
2025 OCT 15– By a News Reporter-Staff News Editor at Economics Daily Report– Investigators publish new report on Economics. Funders for this research include Brown University Democratic Politics of Central Banking Working Group, Wellesley College Junior Faculty Workshop. The news reporters obtained a quote from the research from Brown University,“ We find…
2025 OCT 15– By a News Reporter-Staff News Editor at Chemicals& Chemistry Daily Daily– Data detailed on Investment have been presented. For more information on this research see: Inflationary Impacts of Penny and Nickel Elimination. Journal of Regulatory Economics, 2025. Journal of Regulatory Economics can be contacted at: Springer, Van Godewijckstraat 30,…
2025 OCT 15– By a News Reporter-Staff News Editor at CDC& FDA Daily– Researchers detail new data in COVID-19. According to news reporting out of Washington, District of Columbia, by NewsRx editors, research stated,“ The COVID-19 pandemic has caused market turmoil and economic distress.”. Our news journalists obtained a quote from the research from Federal Reserve…
The following information was released by the Federal Reserve Bank of Boston:. Federal Reserve Bank of Boston. The conference will be held at the Federal Reserve Bank of Boston on October 16 and 17, 2025..
Jerome Powell, the chair of the Federal Reserve, signaled further room for the central bank to lower borrowing costs this year to shore up the labor market despite the recent reacceleration in inflation. Powell, speaking Tuesday at an event hosted by the National Association for Business Economics, deviated little from his recent message that the Fed should be…
It is an honor just to be mentioned alongside past recipients, including my predecessors Janet Yellen and Ben Bernanke. Monetary policy is more effective when the public understands what the Federal Reserve does and why. With that in mind, I hope to enhance understanding of one of the more arcane and technical aspects of monetary policy: the Federal Reserve's…
Citizens Financial Group, Inc. today reported third quarter financial results. In addition, these materials will be furnished to the Securities and Exchange Commission on a Form 8- K and will be available on the SEC website at www.sec.gov. “We are pleased to report very strong results for the third quarter, paced by excellent NII and fee growth, 3% sequential…
The following information was released by the Retail Industry Leaders Association:. The U.S. Mint ended production of the penny this summer. The Federal Reserve, responsible for distributing coins, is already reporting shortages across dozens of locations with the expectation for this issue to grow as the U.S. heads into the holiday season.
Today, U.S. Senator Cory Booker joined Senators Chris Van Hollen and Angela Alsobrooks, along with several of their colleagues, to introduce the Shutdown Guidance for Financial Institutions Act.This legislation requires federal financial industry regulators to issue guidance encouraging financial institutions to work with federal employees and…
EAU CLAIRE— While discussion is expected to continue on the budget approval for the City of Eau Claire, the release of the preliminary budget gives a prediction of what is on the table for 2026.. Although the city now looks to vote on a balanced budget for 2026, Hirsch said Eau Claire and many other communities have faced their own set of challenges.
According to news reporting out of Washington, District of Columbia, by NewsRx editors, research stated,“ Using responses of credit default swap indices to European Central Bank monetary policy announcements, we isolate a novel credit policy component of monetary policy surprises. For more information on this research see: Market Effects of Central Bank…
2025 OCT 14– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– Researchers detail new data in COVID-19. According to news reporting out of Washington, District of Columbia, by NewsRx editors, research stated,“ The COVID-19 pandemic has caused market turmoil and economic distress.”. Our news journalists obtained a quote from the research from Federal…
