Opening a bank account is no guarantee that it will remain open. Here's when a bank may consider closing your account.

A major focus of market participants this year has been the Federal Reserve and any potential fed funds policy rate cuts in response to inflationary data. The Fed is the most important central bank in ...

The FDIC, OCC, and DOJ each took separate actions in September 2024 to significantly rewrite their approaches to bank merger review. Specifically: These actions were spurred by Executive Order 14036, ...

Banking and business groups sued the Federal Reserve over the central bank’s annual stress tests, saying they’re seeking more transparency and input into how the rules are adopted. The groups, ...

President Donald Trump wants banks to stop dropping customers over their political affiliations. One of the top bank lobbyists in Washington shares those concerns. Greg Baer, president and CEO of the ...

Discover how the Bank of England shapes U.K. monetary policy, sets interest rates, and ensures financial stability, mirroring ...

TOKYO—The world’s nearly 12-year experiment with negative interest rates is over now that the last holdout, the Bank of Japan, has moved its key policy rate back to at least zero. Of the many unusual ...

The Consumer Financial Protection Bureau has asked a federal court to vacate its own open banking rule because it believes the rule exceeds the bureau's authority and is arbitrary and capricious in ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Walking around the streets of Berlin and New York in the last month, the feeling ...

This paper introduces a classification framework to analyze central bank communications across four dimensions: topic, communication stance, sentiment, and audience. Using a fine-tuned large language ...

Rate cuts expected to resume this summer Inflation should continue to decline, growth should slow Policy rate was raised to 46% from 42.5% in April ISTANBUL, June 19 (Reuters) - Turkey's central bank ...