This article updates the information published in an article by Loretta Mester in the March/April 2000 Business Review and last updated in the Third Quarter 2009 issue.

This article presents an update of an article first published in the March/April 2000 Business Review, which presented data from the 1995 Federal Reserve Survey of Consumer Finances. Loretta Mester, author of the original article, has compiled information from the 1998 survey to keep readers...

Loretta Mester summarizes the discussion at the 2006 Philadelphia Fed Policy Forum

Passed as part of the National Bank Act of 1933, the Glass-Steagall Act prohibits the mixing of commercial and investment bank activities. It was passed during a time of tumult in financial markets: the economy was in depression and there were many bank failures. Given the state of today's...

“Fiscal Imbalance: Problems, Solutions, and Implications” was the topic of the fifth annual Philadelphia Fed Policy Forum held on December 2, 2005. This event, sponsored by the Bank’s Research Department, brought together economic scholars, policymakers, and market economists to discuss...

In “Changes in the Use of Electronic Means of Payment: 1995-2004,” Loretta Mester has compiled information from the recently released 2004 Survey of Consumer Finances. She updates statistics indicating how the usages of various means of electronic payment have changed between 1995 and 2004....