Browsing: FOMC

Economy

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.

Economy

With the Fed’s turn to a more dovish stance, there may not be many more rate hikes in this cycle. As long as monetary policy does not turn restrictive, the opportunity remains to see just how much slack is left in the labor market.

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