Browsing: Feds

Trustmark National Bank is enjoying an early exit from a consent order stemming from a Biden-era redlining investigation. The Jackson, Mississippi-based lender and servicer is free of…

Federal Reserve Gov. Lisa Cook. Bloomberg News Federal Reserve Gov. Lisa Cook said that financial markets fared well in the face of uncertainty sparked by President…

New graduates are facing a changing job market. Getty Creative The job outlook for the Class of 2025 is murky, and the Federal Reserve’s interest rate…

High import costs could have an outsize impact on Main Street, a Federal Reserve official warned Thursday, adding that the hardships could have a long shelf…

Federal Reserve Chair Jerome Powell speaks at the Thomas Laubach Research Conference held by the Federal Reserve Board of Governors on May 15, 2025 in Washington,…

Meeting date Rate change Target & target range Sept. 18, 2007 -50 basis points 4.75 percent Oct. 30-31, 2007 -25 basis points 4.5 percent Dec. 11,…

Cleveland Fed President Beth Hammack said Thursday she thinks policymakers need to be patient rather than preemptive in assessing how tariffs will impact inflation and growth.In…

Federal Reserve Gov. Michael Barr.Anna Rose Layden/Bloomberg A Federal Reserve governor called on core banking system providers to do more to safeguard community banks against emerging…

Photographer: Graeme Sloan/Bloomberg Federal Reserve Gov. Michael Barr said that while generative artificial intelligence holds great promise to boost efficiencies in a range of banking functions,…

According to the Federal Reserve’s Survey of Consumer Finances, mini-millionaires are on the rise. getty The Federal Reserve releases its Survey of Consumer Finances every three…