PYMNTS

DECEMBER 23, 2020

Data: 70 Pct Of North American CFOs Expect Economy To Improve With COVID Vaccines. Chief financial officers (CFOs) participating in The CFO Survey by the Federal Reserve Banks of Richmond and Atlanta in addition to the Fuqua School of Business of Duke University are "reasonably optimistic about 2021,” according to one of the study’s leaders.

Federal Reserve 67

Federal Reserve NOV Credit Cards Participant 67

PYMNTS

NOVEMBER 8, 2020

Federal Reserve Chair Jerome Powell advising more money printing meant that purchasing Bitcoin was a good idea. According to Cointelgraph , Powell had been responding to a news conference after the Fed's Nov. 5 meeting, in which Powell said again that the resources to support the economy weren't expended yet.

Bitcoin 62

Bitcoin Fed Federal Reserve Money Laundering 62

PYMNTS

NOVEMBER 26, 2019

Over half of the 3,114 counties in the United States lost bank branches from 2012 to 2017, with rural areas feeling the brunt of the closures per Federal Reserve research. The marketplace company said on Monday (Nov. Lessons From Airbnb On Solving The Sharing Economy Trust Issue. for $4 billion.

Online and Mobile Banking 52

Online and Mobile Banking Federal Reserve Push-to-Card NOV 52

PYMNTS

NOVEMBER 13, 2020

A Federal Reserve report indicated that commercial bank deposits were up roughly $13.2 trillion, according to a Wall Street Journal (WSJ) report on Friday (Nov. Morgan Chase and Bank of America — among the country’s biggest banks — usually keep rates low, despite the economy.

Fed 56

Fed Federal Reserve Deposit Account NOV 56

PYMNTS

OCTOBER 16, 2019

Federal Reserve officials expressed worry that slowing global growth, exacerbated by the U.S.-China Since the September Federal Reserve meeting, surveys and other economic data have hinted that weakness in manufacturing might be spreading into other parts of the U.S. economy, such as the services sector.

Federal Reserve 41

Federal Reserve Central Bank Economy NOV 41

PYMNTS

SEPTEMBER 13, 2016

When the Federal Reserve ticked the interest rate up to 0.25 economy, with the recovery underway, would see the Fed incrementally tick up interest rates throughout 2016, with an overall goal of ~2 percent, coming close to 2008 levels. The Federal Reserve board meets on Sept. Some are from expected outsiders.

Fed 55

Fed Federal Reserve Economy NOV 55

PYMNTS

FEBRUARY 20, 2018

By many measures, the economy looks strong. According to the New York Federal Reserve, household debt surged in the final quarter of 2017 to $13.15 As consumer borrowing was spiking, consumer confidence was falling, after hitting a 17-year high water mark in Nov. Rising Consumer Debt. percent annually.

Economy 42

Economy Credit Cards Federal Reserve Fed 42

PYMNTS

NOVEMBER 8, 2017

Intuit-operated QuickBooks has dabbled in small- and medium-sized business (SMB) financing in the past, but an announcement made Tuesday (Nov. Intuit cited research from the Federal Reserve that found just 23 percent of small businesses younger than five years old are able to access the funding they need.

Small Business 41

Small Business Federal Reserve Underserved Underwriting 41

PYMNTS

DECEMBER 29, 2018

percent from Nov. The December readings “still suggest that the economy will continue expanding at a solid pace in the short term,” said Lynn Franco, the Conference Board’s senior director of economic indicators. The personal consumption expenditures (PCE) price index, excluding the volatile food and energy components, edged up 0.1

Consumer 73

Consumer Federal Reserve NOV Advisors 73

PYMNTS

NOVEMBER 11, 2020

Federal Reserve Bank of Boston President Eric Rosengren said he doesn't think the next few months will be necessarily easy on the economy in spite of the recent uplifting news regarding a possible COVID-19 vaccine, CNBC reported. 9), wasn't quite a silver bullet. 9), wasn't quite a silver bullet.

Fed 97

Fed Federal Reserve Economy Returns 97

PYMNTS

DECEMBER 9, 2020

The current $916 billion proposal being marshalled by White House point man and Treasury Secretary Steven Mnuchin is aimed at staving off a double-dip recession and widespread business closures that threaten to cripple the world’s largest economy. By comparison, the headline unemployment rate in Nov. percent in April to 6.7 2019 was 3.5

Push-to-Card 56

Push-to-Card Treasury Federal Reserve Checks 56

PYMNTS

NOVEMBER 20, 2020

After coming under fire for ending key pandemic lending programs, Treasury Secretary Steven Mnuchin on Friday (Nov. Both Federal Reserve Chief Jerome Powell and Charles Evans, the Chicago Federal Reserve Bank president, have called out the move, saying the small business lending programs provided crucial support for a still-shaky economy.

Federal Reserve 93

Federal Reserve Small Business Treasury NOV 93

PYMNTS

NOVEMBER 23, 2020

A letter from over 125 economists, including former Federal Reserve Vice Chair Alan Blinder and Jason Furman , chairman of the Council of Economic Advisers during President Barack Obama's administration, calls on U.S. It could also do well to spur the economy. 3 election night.

Federal Reserve 105

Federal Reserve Economy NOV Checks 105

PYMNTS

NOVEMBER 23, 2020

President-elect Joe Biden plans to nominate Yellen, the former chair of the Federal Reserve, to head the Treasury, a key post amid a time of economic turmoil, The Wall Street Journal reports. Biden on Thursday (Nov. Janet Yellen is the incoming Biden administration’s pick to be Treasury secretary, according to a new report.

Treasury 93

Treasury Federal Reserve Fed NOV 93

PYMNTS

OCTOBER 6, 2020

That is the news out of Washington today (Oct 6) as President Trump has announced that negotiations between Republicans and Democrats will be officially paused until after the election on Nov. A long period of unnecessarily slow progress could continue to exacerbate existing disparities in our economy.

Federal Reserve 49

Federal Reserve Economy Treasury Consumer 49

PYMNTS

OCTOBER 9, 2020

said it's unlikely lawmakers will reach a deal before the Nov. Earlier in the week, Federal Reserve Chairman Jerome Powell said the economy needs more stimulus. Over time, household insolvencies and business bankruptcies would rise, harming the productive capacity of the economy and holding back wage growth.

Federal Reserve 40

Federal Reserve Small Business NOV Treasury 40