Federal, State Regulators Issue Joint Statement on Recent Tornadoes
With many communities in Kentucky and surrounding states receiving serious damage from severe storms and tornadoes over the weekend, federal ...
Tag: Federal Reserve
FOMC to Accelerate Asset Purchase Tapering
The Federal Reserve will accelerate its planned tapering of Treasury securities and mortgage-backed securities purchases, according to the latest Federal ...
Fed Reiterates Supervisory Guidance on Counterparty Credit Risk Management
The Federal Reserve today reminded banks of its expectations for safe and sound practices with regard to counterparty credit risk ...
Quarles Calls for ‘Further Calibration’ of Leverage Capital Standards
In a lengthy farewell speech today as his tenure on the Federal Reserve Board of Governors comes to a close, ...
Fed’s 2022 Fees Expected to Rise 3.7%
The Federal Reserve System’s 2022 fee schedules for priced services that go into effect Jan. 3 are expected to be ...
Powell Supports ‘Consistent’ Guidance for Managing Climate Risk
While the Federal Reserve is not planning to join onto forthcoming OCC guidance for large firms on managing climate risk, ...
Powell: Banking System Strong, Cyber Risk Remains a Threat
Federal Reserve Chairman Jerome Powell told members of the Senate Banking Committee today that “the banking system is strong,” and ...
Cleveland Fed: PPP Loans Helped Mitigate Effects of Recession
Paycheck Protection Program lending helped to soften the effects of the pandemic-related recession on state-level employment growth, and had “significant” ...
FOMC: Higher Inflation Could Last Longer than Anticipated
Federal Open Market Committee members said that they see the current elevated level of inflation as transitory but that it ...
Fed: Banking System Conditions Improved in 2021 as Banks Remain Strong
The financial condition of the banking system remained strong and improved during the first half of 2021, despite some lingering ...
