FOMC Projects ‘Substantial’ GDP Growth This Year
Real gross domestic product growth is projected to be substantial this year and the unemployment rate is expected to decline ...
Tag: Pandemic
CFPB Rescinds Several Temporary Pandemic Flexibilities
The Consumer Financial Protection Bureau today rescinded seven policy statements that provided temporary flexibilities for financial institutions when serving customers ...
Fed Maintains Interest Rates Near Zero
The Federal Reserve will continue to keep its target range for the federal funds rate at zero to 0.25% as ...
FOMC: Economy Depends on Course of Virus, Vaccinations
The path of the U.S. economy will continue to depend on the course of the coronavirus and progress in vaccination, ...
Fed Maintains Interest Rates Near Zero as Recovery Weakens
As expected, the Federal Reserve will continue to keep its target range for the federal funds rate at zero to ...
CFPB Recognizes Pandemic Accommodations by Financial Institutions
Banks made accommodations to help consumers address pandemic-related hardships beyond what was legally required under the CARES Act, the Consumer ...
FOMC: Pandemic Continues to Pose ‘Considerable Risk’ to Economic Outlook
The coronavirus pandemic continues to cause economic hardship across the country and poses considerable risk to the economic outlook over ...
Survey: 44% of Small Business’ Explored Online Lending Last Year
Small businesses are exploring online lending, with 44% saying they looked into the option in the past year and 25% ...
ABA, Financial Trade Groups Request Release of New PPP Rules, Guidance
With the passage of a coronavirus relief package that includes a second wave of Paycheck Protection Program funds, the American ...
ABA Calls for Inclusion of Front-line Bankers Among ‘Essential Workers’ in Vaccine Rollout
With the first coronavirus vaccines being rolled out this week, the American Bankers Association wrote to the Centers for Disease ...
