Federal Reserve Board

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class="jumbotron__heading">Board of Governors of the Federal Reserve System </h1> <p class="jumbotron__content"> <em>The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.</em> </p> </div> </a> </header> <div class="t2__offcanvas visible-xs-block"> <div class="navbar-header"> <button type="button" class="offcanvas__toggle icon-offcanvas-nav" data-toggle="offcanvas" data-target="#offcanvasT2Menu" data-canvas="body"> <span class="sr-only">Main Menu Toggle Button</span> </button> <span class="navbar-brand offcanvas__title">Sections</span> <button type="button" class="offcanvas__search icon-search-nav" data-toggle="collapse" data-target="#navbar-collapse"> <span class="sr-only">Search Toggle Button</span> </button> </div> <div class="navbar-collapse collapse mobile-form" id="navbar-collapse"> <form method="get" class="navbar-form" role="search" action="//www.fedsearch.org/board_public/search"> <div 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class="sr-only-focusable" href="/consumerscommunities/comm-dev-system-map.htm">Federal Reserve Community Development Resources</a> </li> </ul> </div> </li> </ul> </li> </ul> </nav> <div id="content" class="container container__main" role="main"> <div class="row"> <noscript> <div class="js-disabled text-center"> <span class='icon icon-alert icon--jsAlert'></span> <span><strong>Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.</strong> </span> </div> </noscript> </div> <div class="row padded-row"> <div class="col-xs-12 heading"> <h2>Recent Developments</h2> </div> </div> <div class="row " > <div class="col-xs-12 col-sm-8"> <ul class="list-unstyled"> <li> <p> <a href="/newsevents/speech/barr20250404a.htm">Speech by Governor Barr on artificial intelligence and banking</a> <br/><span class="time--sm">Speech - 4/4/2025 </span> </p> </li> <li> <p> <a href="/newsevents/speech/powell20250404a.htm">Speech by Chair Powell on the 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class="row"> <div class="col-xs-12 col-md-6"> <div class="panel panel-open"> <span class="badge badge--noBackground"> <span class="icon icon-document-search"></span> </span> <div> <h4><a href="/aboutthefed/financial-innovation.htm">Financial Innovation</a></h4> <p>The Federal Reserve Board is committed to supporting responsible fintech innovation, both by the firms we regulate directly, and in the financial market broadly.</p> </div> </div> </div><div class="col-xs-12 col-md-6"> <div class="panel panel-open"> <span class="badge badge--noBackground"> <span class="icon icon-faq-bluesteel"></span> </span> <div> <h4><a href="https://www.federalreserve.gov/apps/proposals">Proposals for Comment</a></h4> <p>Find, review, and submit comments on Board proposals.</p> </div> </div> </div> </div> </div><div class="col-xs-12 col-sm-4"> <h3 class="text-capitalize" style="margin-top:0;">Select Statistical Releases</h3> <div class="panel panel-padded panel-callout panel-callout--outset panel-stats"> <div class="panel-heading panel-heading"> <div class="panel-title">Principal Economic Indicators</div> </div> <ul class="list-unstyled"> <li class="row"> <div class="col-xs-3 col-sm-5 col-md-3"><a title="Data Download for Consumer Credit - G.19" href="https://www.federalreserve.gov/datadownload/Choose.aspx?rel=G19"><span class="icon icon-ddp icon__sm"></span><span class="sr-only">DDP for Consumer Credit - G.19</span></a></div> <div class="col-xs-9 col-sm-7 col-md-9"><p><a href="/releases/g19/current/default.htm">Consumer Credit - G.19</a></p></div> </li> <li class="row"> <div class="col-xs-3 col-sm-5 col-md-3"><a title="Data Download for Industrial Production and Capacity Utilization - G.17" href="https://www.federalreserve.gov/datadownload/Choose.aspx?rel=G17"><span class="icon icon-ddp icon__sm"></span><span class="sr-only">DDP for Industrial Production and Capacity Utilization - G.17</span></a></div> <div class="col-xs-9 col-sm-7 col-md-9"><p><a href="https://www.federalreserve.gov/releases/g17/Current/default.htm">Industrial Production and Capacity Utilization - G.17</a></p></div> </li> </ul> </div> <div class="panel panel-padded panel-stats"> <ul class="list-unstyled"> <li class="row"> <div class="col-xs-2 col-sm-4 col-md-3"><a href="https://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41" title="Data Download for Factors Affecting Reserve Balances - H.4.1"><span class="icon icon-ddp icon__sm"></span><span class="sr-only">DDP for Factors Affecting Reserve Balances - H.4.1</span></a></div> <div class="col-xs-10 col-sm-8 col-md-9"><p><a href="/releases/h41/">Factors Affecting Reserve Balances - H.4.1</a></p></div> </li> <li class="row"> <div class="col-xs-2 col-sm-4 col-md-3"><a href="https://www.federalreserve.gov/datadownload/Choose.aspx?rel=H6" title="Data Download for Money Stock Measures - H.6"><span class="icon icon-ddp icon__sm"></span><span class="sr-only">DDP for Money Stock Measures - H.6</span></a></div> <div class="col-xs-10 col-sm-8 col-md-9"><p><a href="/releases/h6/current/default.htm">Money Stock Measures - H.6</a></p></div> </li> <li class="row"> <div class="col-xs-2 col-sm-4 col-md-3"><a href="https://www.federalreserve.gov/datadownload/Choose.aspx?rel=CP" title="Data Download for Commercial Paper"><span class="icon icon-ddp icon__sm"></span><span class="sr-only">DDP for Commercial Paper</span></a></div> <div class="col-xs-10 col-sm-8 col-md-9"><p><a href="/releases/cp/">Commercial Paper</a></p></div> </li> <li class="row"> <div class="col-xs-2 col-sm-4 col-md-3"><a href="https://www.federalreserve.gov/datadownload/Build.aspx?rel=Z1" title="Data Download for Financial Accounts of the United States - Z.1"><span class="icon icon-ddp icon__sm"></span><span class="sr-only">DDP for Financial Accounts of the United States - Z.1</span></a><a href="https://www.federalreserve.gov/apps/fof/"><span class="icon icon-financial-accounts-guide icon__sm"></span><span class="sr-only">FOF for 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