Key takeaways from the OCC’s Semiannual Risk Perspective.
Sixty-one percent (up 11 points from 2013) said they could cover a $400 emergency expense in cash, a benchmark often cited by policymakers.
Banks do not base decisions on how much they should hold in reserve at the Federal Reserve Banks on their desire to earn the interest paid on excess reserves, according to a Fed survey of senior financial officers released today.
According to the most recent New York Fed Survey of Consumer Expectations, consumers are feeling…
Americans’ expectations for home price changes fell in 2019, according to results from the Federal Reserve Bank of New York’s 2019 SCE Housing Survey, an annual companion to the Survey of Consumer Expectations.
While corporate debt is at near-record levels and recent growth has been concentrated in riskier segments, “business debt does not appear to present notable risks to financial stability,” Federal Reserve Chairman Jerome Powell said today in Florida.
Underlying credit and liquidity risks associated with the current point in the economic cycle should be on bankers’ radar screens, the OCC advised today in its Semiannual Risk Perspective report.
Housing starts increased to a seasonally adjusted annual rate of 1.296 million in April, according…
The benefits that TNB offers its institutional investor client base would be more than offset by the harm it does to the banking system and the Fed’s use of IOER.