Content about Federal Reserve System

November 23, 2011

A coalition of retail organizations, including the National Retail Federation, the Food Marketing Institute and the National Association of Convenience Stores, have filed a lawsuit charging that the Federal Reserve failed to comply with a new law requiring it to reduce fees bank charge retailers when shoppers use credit cards.

September 6, 2011

Terry Lundgren, CEO of Macy’s, has been appointed to the Federal Reserve Bank of New York board of directors.

March 30, 2011

The National Retail Federation announced that it welcomed Federal Reserve Chairman Ben Bernanke's commitment to complete final swipe fee reform regulations in time for retailers to begin offering customers discounts and other benefits this summer as scheduled.

February 17, 2011

The National Retail Federation said Thursday that it expects retail sales growth of 4% this year, the biggest increase since 2006.

February 8, 2011

A report released Tuesday by the Federal Reserve said that U.S. consumer borrowing rose in December for a third consecutive month, led by the first increase in credit-card charges in more than two years as holiday sales improved.

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