Fed’s Barr: Contingency funding planning important to bank resiliency
Part of bank resiliency is the importance of contingency funding planning and preparedness, Barr said.
Tag: Federal Reserve
Banking agencies announce 2024 regulatory thresholds
Regulators announced the 2024 thresholds for whether higher-priced mortgage loans are subject to special appraisal requirements, as well as the ...
Fed report: Banking sector remains sound
The banking sector remains sound overall and most banks continue to report capital levels above regulatory requirements, the Federal Reserve ...
Fed’s Bowman: Lowering debit card fees would harm low-income consumers
A proposal to significantly lower the cap on debit card interchange fees earned by banks is unfair to many issuers ...
Powell: Further rate hikes not off the table
Federal Open Market Committee members are not confident that current monetary policy is restrictive enough to bring inflation down to ...
Cleveland Fed begins search for next president
The Federal Reserve Bank of Cleveland announced that it has launched a search for a president and CEO to succeed ...
Fed’s Bowman: Community Reinvestment Act rule could harm banks
The proposed interagency Community Reinvestment Act modernization rule is unnecessarily complex, overly prescriptive and would result in a significantly greater ...
NY Fed: Household debt ticks up to at $17.29 trillion in Q3
Total household debt increased by $228 billion, or 1.3%, to $17.29 trillion in the third quarter of 2023, according to ...
Fed survey: Business lending standards tightened in Q3 2023
Lending standards for business loans tightened during the third quarter of 2023, with weaker demand for commercial and industrial loans ...
Fed’s Cook: Nonbanks pose financial stability concerns
The banking sector has stabilized since bank failures earlier this year, but the vulnerabilities at certain nonbank financial institutions could ...
