Fed’s Fischer: Government Backing of Housing Market Should Be Explicit, Not Implicit
Government guarantees of mortgage-related assets should be explicit, not implicit, Federal Reserve Vice Chairman Stanley Fischer said in remarks today.
Economy
Yellen Signals Greater Transparency in Stress Tests
In a letter to Rep. Blaine Luetkemeyer (R-Mo.) last week, Federal Reserve Chair Janet Yellen said that the Fed will...
ABA: Regulations Should Be Tailored Based on Risk, Business Model
Regulations based on asset size are “inappropriate and needlessly burdensome” for many banks with non-complex business models, and ultimately lead...
Fed Outlines Plans for Swollen Balance Sheet
In addition to the rate hike announced today, the Federal Open Market Committee released a policy statement explaining how it...
