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fedbank.bsky.social
An alternate source for information about the U.S. Federal Reserve and the economy
13 posts 324 followers 25 following
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This week, approximately 200,000 federal workers have been let go.

submitted 10 days ago • 1034 comments

In Dec. 2024, the Fed cut rates 0.25% to 4.25–4.5%. Cleveland Fed’s Hammack dissented, citing inflation risks as the Fed flagged concerns about the incoming administration’s policies. Her dissent highlights tensions over easing pace amid uncertainty. www.federalreserve.gov/newsevents/p...

submitted 37 days ago • 0 comments

Today, the Federal Reserve reduced its benchmark interest rate by 0.25 percentage points to a target range of 4.25% to 4.5%, marking the third consecutive cut this year. Despite this anticipated move, the stock market reacted negatively, with major indices experiencing notable declines.

submitted 68 days ago • 1 comment

Fed Governor Waller hints at a possible December rate cut but throws doubt into the mix, pointing to stubborn inflation data. The stakes hinge on upcoming economic reports, keeping markets on edge about the next move. www.federalreserve.gov/newsevents/s... #primerate #federalreserve #economics

submitted 79 days ago • 1 comment

Federal Reserve Chair Jerome Powell said Wednesday he isn’t worried President-elect Donald Trump will try to politicize the central bank once he takes office in January.

submitted 81 days ago • 10 comments

Fed Governor Adriana D. Kugler credits surging immigration as a key force stabilizing the U.S. economy, fueling labor supply amid shocks. This influx helped drive growth, tame inflation, and achieve resilience without major job losses. www.federalreserve.gov/newsevents/s... #fed #immigration

submitted 80 days ago • 0 comments

Okay, can we talk about the FINCEN logo? Yes, this is a real governmental organization. boiefiling.fincen.gov

submitted 89 days ago • 0 comments

The Federal Reserve announced a 2.8% price hike for payment services in 2025, likely raising bank fees for consumers, as institutions pass on the costs to maintain operations and invest in infrastructure. www.federalreserve.gov/newsevents/p...

submitted 91 days ago • 0 comments

Well, isn’t that convenient? Musk gets named to the fake department of DOGE, and suddenly NASA’s future is up for debate—just as SpaceX is poised to cash in. Funny how “efficiency” seems to mean redirecting public funds straight into private pockets.

submitted 93 days ago • 349 comments

“.. At least 50 of the largest U.S. retailers boosted interest rates on their store credit cards in the months before the Federal Reserve began cutting rates ..” @cnbcofficial.bsky.social $RLX www.cnbc.com/2024/11/22/r...

submitted 94 days ago • 30 comments

The 47th President will inherit a thriving economy… Let’s not forget, this is *in spite* of him, not because of him.

submitted 93 days ago • 0 comments

Federal Reserve Governor Michelle Bowman addresses the transformative impact of AI on the financial system, stressing innovation, responsible implementation, transparency, and robust regulation to manage risks and maximize benefits. www.federalreserve.gov/newsevents/s...

submitted 93 days ago • 1 comment

The November 2024 Financial Stability Report highlights U.S. vulnerabilities, including elevated asset valuations, high business and household debt, and financial risks. It emphasizes monitoring these factors to address disruptions and safeguard stability. www.federalreserve.gov/publications...

submitted 93 days ago • 0 comments

The Fed serves the U.S. dollar, not the president.

submitted 95 days ago • 0 comments

The November 2024 report underscores the banking system’s strength despite challenges like rising costs and delinquencies. Capital levels remain solid, with regulatory updates and oversight prioritizing risk management and stability. www.federalreserve.gov/publications... #federalreserve

submitted 95 days ago • 0 comments

On November 7, 2024, the Federal Reserve lowered the federal funds rate by 0.25 percentage points to 4.5%–4.75%, citing solid economic activity, rising unemployment, and progress on inflation. Future adjustments will depend on evolving economic conditions. www.federalreserve.gov/monetarypoli...

submitted 97 days ago • 0 comments