Fed Holds Interest Rates Steady
As expected by economists, the Federal Open Market Committee today voted unanimously to hold the target range for the federal ...
Tag: Interest rates
ABA Welcomes OCC’s Proposal to Codify ‘Valid When Made’ Principle
ABA yesterday expressed support for the OCC’s long-awaited regulatory solution affirming that permissible interest on a loan made by a ...
Bank Economists Anticipate Moderating Growth, Stable Interest Rates in 2020
The nation’s top bank economists forecast continued economic growth that would support job growth and wage gains in 2020 and ...
Strong Labor Market, Moderate Growth Cited in FOMC Rate Decision
A strong labor market, moderate GDP growth and inflation below 2% factored into the Federal Open Market Committee’s decision at ...
Slowing Global Growth, Trade Uncertainties Cited in FOMC Rate Cut Decision
Concerns about a slowdown in global growth and trade uncertainties remained prominent factors in the Federal Open Market Committee’s decision ...
FDIC Votes to Codify ‘Valid-When-Made’ Principle
Following action by the OCC yesterday, the FDIC proposed a rule stipulating that interest rates valid when the loan is ...
ABA: FDIC National Rate Cap Proposal Is Insufficient
The FDIC’s recent proposal to make changes to the national rate cap does not go far enough to address the ...
FOMC Announces Second Rate Cut of 2019
The Federal Open Market Committee announced today that it would cut interest rates for the second time this year.
FDIC Proposes Changes to National Rate Cap Calculation
The FDIC today proposed a new methodology for calculating the national rate and the national rate cap for specific deposit ...
Fed Cuts Interest Rates for First Time Since Financial Crisis
As expected by analysts, the Federal Open Market Committee announced today that it would cut the target rage for the ...
