Tag: Fed
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Fed launches payment system FedNow
The US Federal Reserve (Fed) announced that its new system "FedNow" for instant payments has been put into service.
In the statement made by the...
Former Fed Chairman Bernanke expects rate hike for the last time
Nobel Prize-winning economist and former Fed Chairman Ben Bernanke said the Fed could raise interest rates for the last time next week.
Former Fed Chairman...
Fed fines Deutsche Bank $186 million
The US Federal Reserve (Fed) fined Deutsche Bank and its US subsidiaries $186 million for failing to take adequate action to prevent money laundering.
The...
25 basis point increase from Fed pricing
In the money markets, the Fed's 25 basis points increase in interest rates at its meeting next week is priced at 100 percent for...
Interest rate comment from former Fed Vice Chairman
Former Fed Vice Chairman Richard Clarida said in March that market expectations for a rate cut were reasonable.
Former Fed Vice Chairman Richard Clarida said...