Fed: Most banks managing interest rate risk
While higher interest rates contributed to the recent bank failures, high levels of capital and moderate risk exposures mean that ...
Tag: Federal Reserve
Fed survey: Lending standards tighten as demand drops
Lending standards for business and consumer loans tightened during the first quarter of 2023, with weaker demand reported in all ...
FOMC raises rates by 25 basis points
The Federal Open Market Committee announced it would raise the target range for the federal funds rate by 25 basis ...
Post-mortem reports on bank failures highlight supervisory missteps, call for changes
Federal Reserve supervisors did not fully appreciate the extent of the vulnerabilities as Silicon Valley Bank grew in size and ...
House Oversight Committee probes San Francisco Fed’s role in SVB failure
House Oversight and Accountability Committee leaders wrote to San Francisco Federal Reserve Bank President and CEO Mary Daly requesting documents ...
Fed: Noncash payment numbers exploded in recent years
The value of core noncash payments in the U.S. grew faster from 2018 to 2021 than at any time since ...
Bowman sees risks in central bank digital currency
The adoption of the central bank digital currency poses many risks and challenges, including the risk that it would cannibalize ...
Fed’s Goolsbee urges caution on raising rates
Federal Reserve officials need to be cautious about aggressively raising the federal funds rate given potential "financial headwinds"—such as tighter ...
Regulators consider stronger rules for larger banks
The Federal Reserve is reviewing its capital and liquidity standards for all large banks following the closures of Silicon Valley ...
Senators question regulators’ role in SVB collapse
During a Senate Banking Committee hearing this week, regulators agreed that rules governing financial institutions should be strengthened to better ...
