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Anyone know what the fed uptime was for last year? Or how common these types of issues are for the fed? Sounds like a massive impact if they normally move ~$3.4
by bostonsre 6y ago
Anyone know what the fed uptime was for last year? Or how common these types of issues are for the fed? Sounds like a massive impact if they normally move ~$3.4 trillion a day..
- justinzollars 6y agoIt's huge. This is a big story
- schraeds 6y agoHappened towards end of 2019, didn't seem to have a big impact on anything... https://www.bloomberg.com/news/articles/2019-12-19/fed-says-ach-payment-system-operational-after-suffering-a-delay https://www.bloomberg.com/news/articles/2019-12-19/fed-says-...
- toomuchtodo 6y agohttps://www.frbservices.org/resources/financial-services/ach/quality-volume-statistics.html https://www.frbservices.org/resources/financial-services/ach... Target uptime for the last eight years is 99.85% (ACH service availability), exceeded in all years going back to 2012. Couldn't find a FedWire (which was also down) quality stats page, but I'd expect similar uptime targets and measured quality.