News Releases

In the interest of further strengthening the Federal Reserve System’s commitment to transparency, today the 12 Federal Reserve Banks released a common policy for public requests for information. The Transparency and Accountability Policy will go into effect January 1, 2024, and seeks to simplify and standardize the Federal Reserve Banks’ public information request process. The policy is now available on each Reserve Bank’s website. The New York Fed has issued this statement on behalf of the 12 Reserve Banks.

Financial decision-makers were slightly more optimistic about the U.S. economy in the fourth quarter, and many firms expect their price growth next year to remain above pre-COVID levels.

The Federal Reserve Board and the Federal Open Market Committee released the minutes of the most recent FOMC meeting.

The Federal Reserve Board and the Federal Open Market Committee released the minutes of the most recent FOMC meeting.

The Federal Reserve announced that the FedNow Service has experienced strong growth following its launch in July 2023, with 108 institutions now sending and receiving on the network.

Financial decision-makers ranked monetary policy as their top business concern, as higher interest rates have curtailed spending at approximately 40 percent of companies, according to The CFO Survey for Q3 of 2024.

Community development financial institutions have largely been successful in meeting strong demand for financial products over the past year, but a variety of challenges have constrained the ability of CDFIs to serve their communities more fully. This is according to the results of the Federal Reserve’s 2023 CDFI Survey, fielded April 24 through June 2.