Speaking at a Wall Street Journal/WSJ Pro event, Fed governor Daniel Tarullo explains the reasoning for risk weighting in ...

The federal rule would have capped bank overdraft fees at $5 and was expected to save Americans billions annually.

The Federal Reserve announced Wednesday that it would hold its interest rates steady in its second meeting of 2025. The ...

Banks provide the lifeline of capital to the economy. So it is credit growth that is the vital parameter when looking at banks. This is not to say that parameters like NIM and NPAs don't matter. But ...

He also said Bank of America does not see the Federal Reserve cutting rates this year "because they think inflation has been sticky, will continue to be sticky." Inflation measured by the consumer ...

a bank will charge another bank an interest rate on these loans. That interest rate is determined by the Federal Reserve when a 12-member committee meets several times a year to set a target ...

Around 9.7 million student loan borrowers became past due on their bills after the Covid-era payment pause expired, according to a new estimate by the Federal Reserve Bank of New York.

The Federal Reserve’s decision to leave its benchmark ... at a range of 4.25% to 4.5% since mid-December, after the central bank made no move at its meeting in January or on Wednesday.

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

Ewan Palmer is a Newsweek News Reporter based in London, U.K. His focus is reporting on US politics, and Florida news. He joined Newsweek in February 2018 after spending several years working at ...

WASHINGTON (AP) — The Federal Reserve kept its benchmark interest ... Both are above the central bank’s 2% target. Even though the Fed maintained its forecast for two cuts, economists noted ...

President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration’s sweeping tariffs are set to resume next month. “The Fed would be MUCH better off ...