Tag: Federal Reserve Bank of Boston
Boston Fed, MIT mark completion of central bank digital currency research
PROVIDENCE – It’s too soon to tell whether a central bank digital currency could work.
This was the conclusion of a recently completed research project...
Boston Fed’s Collins says ‘modest slowdown’ is possible
WASHINGTON (AP) – Susan Collins, the new president of the Federal Reserve Bank of Boston, said Monday that a higher unemployment rate will be...
Federal Reserve: COVID-19 boosted online, credit card purchases
PROVIDENCE – The COVID-19 pandemic ushered in new spending habits for consumers, many of whom made the switch to online purchases and banking services,...
Federal Reserve: Main Street Lending Program borrowers had higher-than-average credit risk
PROVIDENCE – The small and midsized businesses that borrowed money through the Federal Reserve’s pandemic loan program were more likely to default on payments...
Final Main Street Lending numbers show little R.I. participation from banks,...
PROVIDENCE – There were only two Rhode Island companies among the 1,800 businesses to receive loans through the Federal Reserve’s Main Street Lending Program,...
New England Public Policy Center report: Medication helping R.I.’s opioid problem
PROVIDENCE – Medication-assisted treatment seems to be reducing the risk of overdose for Rhode Islanders with opioid addictions, a new report by the New...
Brown University President Paxson named Boston Fed’s board chair
PROVIDENCE – Brown University President Christina H. Paxson will serve as chair of the Federal Reserve Bank of Boston’s board of directors, Boston Fed...
Fed: ‘Card not present’ fraud tops concerns of regional banks, credit...
PROVIDENCE – In an increasingly digital world, fraud through online and phone transactions has become the top concern for banks and credit unions, according...
Bill filed to halt evictions; Ruggerio says a crisis was looming...
PROVIDENCE – Sen. William J. Conley Jr., D-East Providence, and Rep. Grace Diaz, D-Providence, filed legislation that would implement a moratorium on evictions and...
Bill filed to halt evictions; Ruggerio says a crisis was looming...
PROVIDENCE - Sen. William J. Conley Jr., D-East Providence, and Rep. Grace Diaz, D-Providence, filed legislation that would implement a moratorium on evictions and...
- Featured Event -
