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The Wall Street Journal, citing people familiar with the matter, says several large US banks are exploring a payment network transaction that would allow acquirers to bypass debit card interchange fee caps. JP Morgan, BofA and other major banks have

2026-07-07

The Wall Street Journal, citing people familiar with the matter, says several large US banks are exploring a payment network transaction that would allow acquirers to bypass debit card interchange fee caps. JP Morgan, BofA and other major banks have held preliminary talks with Fiserv about the deal.

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2026-07-07

The People's Bank of China announced today that it conducted 10 billion yuan of 7-day reverse repurchase operations, with a bid volume of 10 billion yuan and a winning bid volume of 10 billion yuan. The operation rate was 1.40%, unchanged from the pr

The People's Bank of China announced today that it conducted 10 billion yuan of 7-day reverse repurchase operations, with a bid volume of 10 billion yuan and a winning bid volume of 10 billion yuan. The operation rate was 1.40%, unchanged from the previous rate.
2026-07-06

Federal Reserve Governor Waller: Guidance can accelerate policy transmission.

Federal Reserve Governor Waller: Guidance can accelerate policy transmission.
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