ABA Data Bank: Real Interest Rates in the Red Across the World’s Developed Economies
Headline inflation surged to 6.2% in October, yet the federal funds rate remains near-zero. As a result, the real interest ...
Tag: Interest rates
Financial Trades: 36% Fee and Rate Cap Could Constrain Credit
A coalition of financial trade groups including ABA today urged Senate Banking Committee members to reject any legislative proposal that ...
Powell: Broad Effort Needed for All to Benefit from Economic Recovery
The Federal Reserve is focused on addressing “long-standing disparities” in unemployment, “because they weigh on the productive capacity of our ...
FDIC Unveils Resource Page on Brokered Deposits, National Rate Cap
With the FDIC’s new rules on brokered deposits and interest rate restrictions now in effect, the agency this week unveiled ...
FOMC: Banks Could Face Increased Stress From Loan Defaults if Economic Recovery Stalls
Small and medium-sized banks could face stress from defaults on loans to small business and commercial real estate if consumers ...
Fed Aims for Inflation ‘Moderately Above 2%’
As the coronavirus pandemic continues to cause tremendous human and economic hardship across the country the Federal Reserve will aim ...
FOMC Minutes Highlight Uncertainty about Economic Path Due to Virus
Certain segments of the economy were beginning to show improvement in recent days, but the trajectory of the economy overall ...
Fed Holds Interest Rates Steady
As expected, the Federal Reserve announced today that it would hold the target range for the federal funds rate at ...
OCC Issues Long-Awaited Final Rule Clarifying ‘Valid When Made’ Principle
The OCC issued a long-awaited final rule today affirming that permissible interest on a loan made by a national bank ...
FOMC Minutes: Members See Economic Activity Declining at ‘Unprecedented Rate’ in Q2
Members of the Federal Reserve Open Market Committee said they expect economic activity in the second quarter to “decline at ...
