This year’s annual report examines a project the Fed is spearheading to improve the U.S. payment system. The essay is written by St. Louis Fed First Vice President David Sapenaro, who recently completed his responsibilities as the project’s interim payments strategy director.View Publication
The Office of the Comptroller of the Currency released a Consumer Advisory that discusses how high-tech thieves target consumers at ATMs and other money machines. The advisory also offers tips on safeguarding personal information. Visit www.occ.gov/news-issuances/consumer-advisories/2011/consumer-advisory-2011-2.html.
The Consumer Federation of America and VantageScore offer a web site with useful information about credit reports, including a quiz for consumers to test their knowledge of credit scores. Go to www.creditscorequiz.org.
The Financial Planning Association offers information for recent college graduates—or anyone hoping to increase their financial literacy—to help them better manage finances. For more information, visit www.fpanet.org/ToolsResources/ArticlesBooksChecklists/Articles/FinancialPlanning/GraduatingLearn12GoodMoneyHabits.
Fed in Print: An index of the economic research conducted by the Fed.