The Federal Reserve plans to launch its live transactions service, FedNow, in July. The Fed addressed some frequently asked questions about the new system on Twitter and said FedNow is not a central bank digital currency (CBDC), which many other countries are developing and several have launched, including China.

Responses to a manufacturing outlook survey suggest that Texas manufacturing stayed flat for the month of April.

An employment forecast by the Federal Reserve Bank of Dallas predicts that job growth is slowing.

A new research paper by the Federal Reserve Bank of Cleveland finds that high short-term inflation expectations will make it difficult to bring down inflation.

As the debt ceiling's summer deadline approaches, Republicans and Democrats are struggling to choose the best direction with Congressman Pete Sessions (R-TX) backing the Limit, Save, Grow Act as the solution, but others seeing the bill as a threat to essential programs.