News

The Federal Reserve Bank of Cleveland reported Friday only 0.02% of COVID-19 stimulus checks ended up in bitcoin, saying the relief funds fueled a “significant but modest effect” in bitcoin ...
The Federal Reserve Bank of Cleveland serves the Fourth Federal Reserve District, which comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. The ...
The Federal Reserve said Monday it will no longer consider reputation risk as part of its bank exams, following calls from some bank groups and Republican lawmakers to end a practice critics have ...
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.
WASHINGTON—Federal Reserve officials left the door open to cutting interest rates in the second half of the year but indicated they were in no hurry to do so when they held rates steady Wednesday.
The central bank is the largest holder of U.S. debt, giving it undue influence on the federal budget.
SPRINGDALE -- The Board of Governors of the Federal Reserve System has banned a former Springdale banker from working for financial institutions after he misappropriated more than $40,000 from ...
Federal Reserve Banks in Action Each of the 12 Reserve Banks brings its distinct expertise, research focus, and outreach-informed perspectives, alongside its supervisory and operational duties, to ...
Topline The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to ...
Curtis J. Myers, CEO of Lancaster-based Fulton Financial, has been appointed as a director of the Federal Reserve Bank of Philadelphia.
Beth Hammack, president of the Cleveland Federal Reserve, is watching travel and shipping numbers to get a better handle on the economy’s health.
The Federal Reserve concluded its recent meeting with no changes to interest rates, a decision that market observers widely anticipated. Fed Chair Jerome Powell described the current economic ...