The Bank for International Settlements (BIS) has been a strong advocate for ISO 20022 as a foundational enabler of efficient, ...

That same year, major European payment systems completed their migration to ISO 20022 for their respective clearing and settlement platforms. Now, the final deadline is approaching this fall ...

As the chart below shows, the likelihood of a reduction in interest rate, as measured by the 30-day Fed Funds futures, is now at 20.2%. This is up from the 17.4% after the last meeting.

As expected, the Fed left interest rates unchanged yesterday ... Powell also stressed in the press conference that they now need to pay attention to both variables, unlike in previous years.

Despite President Trump’s calls for lower interest rates, the Federal Reserve left its benchmark rate unchanged, warning of higher unemployment and higher inflation because of tariffs.

For now, the Fed is standing pat as the institution — and the rest of the country — waits to see how tariffs feed into the economy. “There are cases in which it would be appropriate for us ...

in addition to the Fed now, agree there’s a real risk of stagflation. Powell refused to directly answer questions related to Trump or his recent attacks. Stagflation bedeviled the Fed in the ...

The Federal Reserve's policy committee gathers this week amid an economy that has lost the spring in its step. After a brisk start to the year, growth is wobbling as businesses and investors hold ...

The recent recovery rally in equities has made them pricey once again, leaving little room for error when the Federal Reserve provides a monetary policy update ...

All bank savings rates are variable — so will fall if the Fed lowers its benchmark rate later this year. But, for now, many of the highest-yielding online savings accounts are paying between 4% ...