Powell: Fed Could Begin Tapering Asset Purchases Before Year-End
In a highly anticipated speech at the Federal Reserve’s Jackson Hole economic symposium today, Fed Chairman Jerome Powell signaled that ...
Tag: Federal Reserve
Fed’s Bowman and OCC’s Hsu to Address Virtual ABA GRC Fall Meeting
Federal Reserve Board Governor Michelle Bowman and Acting Comptroller of the Currency Michael Hsu will address ABA's virtual Government Relations ...
FOMC: Delta Variant Posing ‘Downside Risks’ to Economic Outlook
Slowing vaccination rates and the spread of the Delta variant pose “downside risks” to the economic outlook, according to members ...
Financial Trades Strongly Oppose Fed’s Durbin Proposal
The American Bankers Association and five other financial trade groups yesterday urged the Federal Reserve to withdraw its proposal to ...
Fed Announces Individual Capital Requirements for Large Banks
The Federal Reserve today announced individual capital requirements for banks with more than $100 billion in total consolidated assets. The ...
ABA Opposes Some Proposed Changes to Fed’s Payment System Risk Policy
The American Bankers Association today expressed opposition to several proposed changes to the Federal Reserve’s payment system risk policy.
Fed: Vaccination Progress Continues to Strengthen Economy
Progress on vaccinations has continued to strengthen indicators of economic activity and employment, the Federal Open Market Committee said today, ...
Fed Chairman ‘Undecided’ about Merits of Central Bank Digital Currency
Testifying before the Senate Banking Committee today, Federal Reserve Chairman Jerome Powell said that he is “legitimately undecided about whether ...
Powell: ‘Patience’ to Characterize Fed’s Monetary Policy Approach
estifying before House lawmakers today, Federal Reserve Chairman Jerome Powell maintained that the Fed’s overall monetary policy stance remains “appropriate” ...
Trade Groups Urge Fed to Adopt Uniform Policy to Evaluate Account and Services Applicants
Trade groups submitted a joint response to the Federal Reserve regarding its proposal to create a uniform policy for all ...
