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Posts related to ‘Federal Reserve’

US Federal Reserve

Slow U.S. Growth: Is the Issue Monetary or Fiscal Policy?

When New York Federal Reserve President William Dudley spoke in New York today he didn’t really say anything new, but he did underscore a point that he and several other ...
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Ben Bernanke Official Portrait

No Change to Interest Rate, QE; Forecast Mixed — FOMC

The less things change, the more time everyone has to speculate about what might happen if things do change. As expected, the Federal Reserve’s FOMC today announced that it is ...
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Bank Stress Tests Countdown Begins, Dividends and Buyback Approvals Await

We are now within ten days of the release of the Federal Reserve's new round of stress tests on how the nation's largest banks will do if (or when) the ...
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FOMC Minutes Show Some Changing Views On Asset Purchases

The Federal Reserve has released its minutes of the January 29 to 30 FOMC meeting. The general conditions were positive and the caution was mostly around the weather at the ...
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bank vault

Major Banks Lend the Least Amount of Deposits in Five Years (CS, JPM, C, BAC, STI, WFC, USB, PNC, RF)

Interest rates have been kept at historically low levels by the Federal Reserve since the Great Recession began in 2008. The intent behind this was to spur loan activity and ...
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Bernanke and FOMC Stand Firm as GDP Goes Negative

Today was far from a normal Fed-day as the FOMC announcement followed a GDP release that was negative for the first time in 13 consecutive quarters. Some things are the ...
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Foreclosed home

Banks Agree to Pay $8.5 Billion for Foreclosure Missteps

The Office of the Comptroller of the Currency and the Federal Reserve announced this morning that the agencies have reached an agreement with 10 banks to settle enforcement actions related ...
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US Federal Reserve

Fed Governor Proposes Research on Shadow Banking System

Federal Reserve Governor Daniel Tarullo said in a speech this morning at the Brookings Institution that there remains one significant task in the reform of the financial system: [T]he most ...
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Mortgage Loan Demand Rising Slightly

In its October survey of senior lending officers, the Federal Reserve Bank notes that borrowing requirements have been relaxed for business lending and some consumer lending in the past three ...
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U.S. Household Debt Climbs

The flow of funds report published today by the Federal Reserve Bank shows that U.S. household debt increased at an annual rate of 1.2%, the largest increase since the first ...
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Fed Forecasts Improve a Little

Following today’s announcement from the FOMC that the Federal Reserve will begin another round of easing, the central bank has made a number of changes to its economic forecasts. The ...
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Fed’s Beige Book Describes Gradual Growth

The U.S. economy expanded “gradually” in July according to today’s release of the Federal Reserve’s Beige Book. The expansion included most regions of the country and sectors of the economy, ...
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U.S. Markets Set to Open Lower Despite Rallies Overseas

While European stocks rose to a four-month high and most Asian markets advanced, U.S. stock-index futures are lower this morning. No major U.S. economic reports are set for release today. ...
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FOMC Dissenter Explains Vote

Richmond Fed President Jeffrey Lacker issued a statement this morning defending his lone vote against the Fed’s extension of Operation Twist. Lacker said that more monetary stimulus would not make ...
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Dallas Fed President Repeats Call for Smaller Banks (JPM)

At a speech to a group of Texas bankers, Dallas Federal Reserve President Richard Fisher was asked to comment on the news of the $2 billion trading loss reported by ...
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