The news reporters obtained a quote from the research from Skidmore College,“ This approach expands the traditional approach of focusing on the U.S. Federal Reserve monetary policy and transforms the learning experience to include central banks from other countries and economic blocs.”. For more information on this research see: Semester-long Central…
Economic News
2026 MAR 09– By a News Reporter-Staff News Editor at Economics Daily Report– Researchers detail new data in Investment. Our news journalists obtained a quote from the research from the Federal Reserve Bank of Chicago,“ The model is then linearized with respect to that vector. The news correspondents report that additional information may be obtained from…
Our news journalists obtained a quote from the research from the University of Kentucky,“ Further, we document a disparate impact on low-income borrowers and in areas with less lending competition. For more information on this research see: Consumer Credit and the Incidence of Tariffs: Evidence From the Auto Industry. American Economic Review, 2026; 116:…
This week’ s economic calendar includes several important housing reports, including existing home sales, housing starts, and building permits. But the most consequential releases are likely to be the first reading on February consumer inflation and the delayed January report on personal consumption expenditures, or PCE, the Federal Reserve’ s preferred…
A proposal to temporarily increase a state tax on health insurance premiums to help cover a $1 billion shortfall in the state budget will impact Wellmark Blue Cross and Blue Shield, the state's largest health insurer, much less than the company originally feared, Wellmark officials and state administration leaders said Thursday. Kim Reynolds'…
The following information was released by the NACHA- The Electronic Payments Association:. According tothe Federal Reserve, "Checks are vulnerable to fraud because checks can be stolen, altered, or forged." And, according to the Association for Financial Professionals, "Checks continue to be the payment method most often subjected to fraud, with 63% of…
SPRINGFIELD— The U.S. economy likely will grow modestly in the coming year, with a balanced labor market and the possibility of lower interest rates— and only if inflation retreats to the Federal Reserve’ s target 2% rate. That was, in a nutshell, the message from Susan M. Collins, president of the Federal Reserve Bank of Boston. She was the headliner Friday, as more than…
These risks escalated during the weekend when the US and Israel made a joint attack on Iran. Iran, on the other hand, has embraced a unique strategy by bombing key US bases in the Middle East. Also, the war will make it hard for the Federal Reserve to cut interest rates as Donald Trump has pushed.
The Labor Department reported Friday that hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs. The job market had been expected to rebound this year from a lackluster 2025 when the economy, buffeted by President Donald Trump's erratic tariff policies and the lingering effects of high interest…
The Federal Reserve Board has determined that Wells Fargo& Co. has resolved the regulatory issue at the heart of its customer fraudulent account scandal. The Fed established the consent order in February 2018, foremost being an asset cap of $1.97 trillion on Wells Fargo, in response to the scandal that erupted in September 2016. Although the bulk of the 3.53…
DES MOINES— A proposal to temporarily increase a state tax on health insurance premiums to help cover a $1 billion shortfall in the state budget will impact Wellmark Blue Cross and Blue Shield, the state's largest health insurer, much less than the company originally feared, Wellmark officials and state administration leaders said Thursday.
Congressman Andy Barr, the Chairman of the Subcommittee on Financial Institutions, celebrated passage of the Main Street Capital Access Act in the House Financial Services Committee. Thats why we must advance a regulatory framework that encourages growth and fuels economic activity on Main Street. As a former community banker, I know and have seen firsthand…
A new report from the Federal Reserve Bank of Minneapolis describes the disruption to hiring and spending across a variety of industries during the federal immigration crackdown in Minnesota. A mention of the immigration enforcement action appeared in almost every section of the Beige Book from the Fed’ s ninth district, which includes Minnesota, Montana…
The Federal Reserve Board of Governors’ order that ended Thursday was tied to its 2018 enforcement action against Wells Fargo, the board said. Over a 14- year period from 2012 to 2016, hundreds of thousands of Wells Fargo’ s Community Bank employees opened millions of unauthorized or fraudulent accounts and other financial products to meet excessive sales…
The average long-term U.S. mortgage rate came off its lowest level in three and a half years this week, as bond yields marched higher following a spike in oil prices due to the war with Iran. Last week’ s average rate marked the first time it dropped below 6% going back to September 2022. They generally follow the trajectory of the 10- year Treasury yield, which lenders…
CPI Card Group Inc., a payments technology company providing a comprehensive range of physical and digital payment solutions for U.S. financial institutions, processors, fintechs, prepaid program managers and more, today reported financial results for the quarter and full year ended December 31, 2025, and provided its initial financial outlook for 2026..
Today, U.S. Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, issued a statement after the White House officially transmitted the nomination of Kevin Warsh to be Chair of the Federal Reserve to the U.S. Senate:. "Kevin Warsh would be nothing more than Donald Trump's sock puppet at the Fed. The Senate must not move…
2026 MAR 04– By a News Reporter-Staff News Editor at Economics Daily Report– New research on Investment is the subject of a report. The news reporters obtained a quote from the research from Federal Reserve Bank,“ This is an important credit market friction because households participating in the credit market use non-state-contingent nominal contracts.
2026 MAR 04– By a News Reporter-Staff News Editor at CDC& FDA Daily– Investigators discuss new findings in CDC and FDA. For more information on this research see: Real-time Estimates of Differences In Real Expenditure Growth and Inflation Across Households. Federal Reserve Bank of St Louis Review, 2025; 107: 1-22. Federal Reserve Bank of St Louis Review can be…
