Fed Open Market Committee could raise that possibility if rates move down again in December.
The case deciding whether credit unions will have to reissue their debit cards inched closer to a conclusion Nov. 20.
NAFCU expresses appreciation for Yellen's "openness" as bid to succeed Ben Bernanke heads to full Senate.
The Federal Reserve has always kept a focus on the integrity, efficiency and accessibility of the payments system in the United States. We have largely pursued this mission in the context of our function as an operator in the interbank market.
Fed nominee says larger banks in line for more regulation.
The ongoing fight over federal debit interchange regulations entered its newest round Oct. 21 as the Federal Reserve filed its appeal that seeks to reverse a July 31 District Court decision overturning its current rule.
Trades join bank associations in filing, say that original rule was bad and made worse by July court ruling.
Federal Reserve files appeal of July 31 federal court ruling that struck down much of interchange rule.
Fed districts report vacancy rates continued to fall, rents rose, and the outlook was generally positive.
Fidelity Investments on Wednesday confirmed an NPR report that the investment giant was no longer holding U.S. Treasury notes that mature in October.