by Annie Dameworth | Mar 23, 2026 | Industry News
The Federal Reserve continued its pause on rate reductions, holding the short-term federal funds rate from 3.5% to 3.75%, the level set in December 2025. The Fed stated that “uncertainty about the economic outlook remains elevated” and “the implications of...
by Annie Dameworth | Dec 31, 2025 | Industry News
A recent report released by the Federal Reserve revealed Visa and Mastercard’s shift of more of the burden of debit card fraud onto the merchants, easing the responsibility for banks. Updated figures show merchants paid for 49.9% of debit card fraud in 2023, up from...
by Annie Dameworth | Sep 18, 2025 | Industry News
The Federal Reserve reduced interest rates for the first time since December amid the risk of rising unemployment, and announced more cuts would follow in response to the declining labor market. Interest rates decreased by a quarter of a percentage point, from the...
by Annie Dameworth | Jan 30, 2025 | Industry News, Trends & Products
The Federal Reserve recently announced a pause on rate cuts at the end of a January meeting, holding the federal funds rate between 4.25% to 4.5%, the National Association of Home Builders (NAHB) reports. The Fed notes the economy remains solid and specified a data...
