Federal Reserve
FEDPaper
High debt amplifies inflation volatility through firms' attention
Raising debt from 100 to 175 percent of GDP increases inflation volatility by about 20 percent in Oliver Pfäuti and Edson Wu's model.
Focus
FEDPaper
Median family income rises 7 percent as loan delinquencies surge
Between 2022 and 2025, real median U.S. family income rose 7 percent to $82,200, while median net worth grew 2 percent to $215,900. Concurrently, the share of indebted families behind on loan payments jumped from 12.2 percent to 19.6 percent, according to the Survey of Consumer Finances.
FEDNews
American Express ordered to overhaul anti-money laundering systems
American Express Company and its travel subsidiary must overhaul their anti-money laundering controls under an enforcement order issued on October 8, 2026.
Latest
FEDSpeech
Waller backs further rate hikes as inflation stalls at 3 percent
Federal Reserve Governor Christopher Waller stated on October 8, 2026, that additional interest rate increases will be needed to return inflation to the 2 percent target, following the central bank's September rate increase to a range of 3.75 to 4.00 percent.
FEDSpeech
Bowman restructures Fed supervision into five regions
Federal Reserve Vice Chair for Supervision Michelle Bowman announced an overhaul of the central bank's supervisory apparatus on October 6, 2026.
FEDNews
Regulation O comment period extended 30 days to November 4
The Federal Reserve Board has extended the public comment period on its proposal to modernize Regulation O by 30 days, moving the deadline from October 5 to November 4, 2026.
More Topics
FEDPaper
Dynamic heterogeneity cuts GDP nowcast errors by 16.8 percent
Dynamic heterogeneity is the only enhancement among four popular model extensions that consistently improves point, density and tail nowcasts for US GDP.
FEDSpeech
Dealer Treasury holdings top $700 billion after eSLR recalibration
Federal Reserve Vice Chair for Supervision Michelle W. Bowman stated that recalibrating the enhanced supplementary leverage ratio added nearly $5 trillion in balance sheet headroom for large bank dealers, expanding their Treasury positions from $600 billion to over $700 billion.
FEDSpeech
Jefferson backs rate hike to 4 percent amid upside inflation risks
Federal Reserve Vice Chair Philip N. Jefferson backed the central bank's September decision to raise the federal funds rate by 25 basis points to 3.75-4.00 percent, citing persistent price pressures.
FEDSpeech
Waller links FRED to AI agents as bot traffic grows 150 percent
Federal Reserve Governor Christopher Waller announced the launch of the FRED MCP Connector to link central bank data directly to artificial intelligence systems.
FEDSpeech
Cook cites rural price pressures after voting to raise rates 25bp
Federal Reserve Governor Lisa D. Cook reaffirmed her commitment to lowering inflation at the Investing in Rural America Conference on September 30, 2026.
FEDNews
Stress test reforms cut capital buffer volatility by 50 percent
The Federal Reserve Board has finalized rules to average supervisory stress test results over two years and establish annual public consultations on testing models.