|
|
Article: In Brief: Fed Expects 15% Dip in Checks.(Federal Reserve Board)(Brief Article)
- Article from:
- American Banker
- Article date:
- May 16, 2005
- Author:
CopyrightCOPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The Federal Reserve Board expects the Federal Reserve banks to process 15% fewer consumer checks this year than last.
So it said in the annual report it issued last month. In October it projected a decline of 13% to 15%.
In the new report, the Fed said the shift away from paper checks has been accelerating. The ...
Related newspaper, magazine, and journal articles:
|
|
Article: Strong durable goods report could delay further Federal ...
The Bond Buyer;
August 26, 1991 ;
700+ words
... ... manufactured goods skyrocketed during July will cause the Federal Reserve to at least pause before lowering interest rates ... they said. "This report is significant" because Federal Reserve Board Chairman Alan Greenspan views a pickup in durable ...
|
|