As corporations increase their interest in real-time payments, FedNow has boosted its transaction limit from $500,000 to $1 ...

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...

Wells Fargo & Co. today confirmed that its asset cap has been lifted by the Federal Reserve. The asset cap had been put into place under its 2018 consent order to address the bank’s poor governance ...

Brian James Gross’s loyal defence of the Federal Reserve’s losses (“Why commercial banking logic won’t apply to the Fed”, Letters, May 31) doesn’t ever mention the egregious amount of ...

The Federal Reserve's Board of Governors sets the requirement as well as the interest rate banks get paid on excess reserves.The Financial Services Regulatory Relief Act of 2006 gave the Federal ...

A senior Federal Reserve official has put the chances that Donald Trump’s trade war leads to a sustained burst of inflation at “50-50”, as he warned US rate-setters would face uncertainty ...

A solid jobs report for May has reinforced the Federal Reserve’s stance that it can take its time before restarting interest rate cuts, an approach that drew renewed ire from President Trump on ...

Download Chart Data (CSV, 3 KB) Figure 1 divides annualized one-month changes in headline PCE inflation into contributions that can be determined as driven by supply versus demand, with the remainder ...

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts.

Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.. The Federal Reserve Board of Governors voted ...

Wells Fargo's nearly $2 trillion asset cap punishment by the Federal Reserve has meant the fourth-largest bank in the U.S. couldn't grow in the wake of its massive fake sales account scandal. It ...

The Federal Reserve has removed Wells Fargo’s asset growth cap, ending seven years of sanctions tied to consumer abuses and risk management failures.