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Tag: Fed


Regulations

Retail organizations sue Fed over debit law enforcement

April 29, 2021

Via: Payments Dive

Two retail associations sued the Federal Reserve Board of Governors today over what they claim is a failure by the federal agency to properly enforce a federal law that caps the fees that can be charged on debit transactions. The […]


Capital and Risk, Macroeconomic

Powell praises economic recovery and sees Fed pulling back help after ‘substantial’ progress

March 25, 2021

Via: CNBC

Powerful fiscal help from Congress combined with accelerated vaccine distribution has allowed the U.S. economy to recover faster than expected, Federal Reserve Chairman Jerome Powell said Thursday. At some point, that will allow the central bank to dial back the […]


Activity, Capital and Risk, Corporate Banking, Credit

Credit unions top Fed survey of small-business lending satisfaction

February 5, 2021

Via: Banking Dive

The Fed’s annual survey, canvassing 15,000 businesses, gives another perspective on the effectiveness of pandemic-prompted relief programs. About 91% of respondents applied for emergency funding during the pandemic, the survey found. For 82%, that was the Paycheck Protection Program (PPP). […]


Capital and Risk, Liquidity

Fed’s Bostic sees possible interest rate hike as soon as the second half of next year

January 11, 2021

Via: CNBC

Interest rates could rise sooner than forecast as the economy recovers more quickly than expected from the throes of the Covid-19 damage, Atlanta Federal Reserve President Raphael Bostic said Monday. While most of his colleagues don’t see a rate hike […]


Regulations

Fed allows banks to resume stock buybacks with limitations

December 21, 2020

Via: Banking Dive

None of the largest banks fell beneath their capital minimums under the Fed’s hypothetical stress scenarios, which assessed how banks are navigating the coronavirus pandemic, the central bank said. Due to the strong performance from banks in the second stress […]


Capital and Risk, Macroeconomic

Fed raises its economic outlook slightly, sees 4.2% growth next year and 5% unemployment rate

December 16, 2020

Via: CNBC

The Federal Reserve dialed up its economic expectations slightly for the end of this year as well as for 2021, according to the central bank’s Summary of Economic Projections released on Wednesday. The central bank now expects real gross domestic […]


Capital and Risk, Macroeconomic

As Washington delays stimulus, the Fed is running out of ways to help the economy

October 28, 2020

Via: CNBC

Federal Reserve officials have been pressing Congress to provide more fiscal help to the U.S. economy, and with good reason: The central bank is running out of ways it can help. Since the expiration of key provisions of the $2.2 […]


Regulations

Fed plans new round of bank stress tests in response to Covid-19

October 15, 2020

Via: The Banker

The ongoing uncertainty around the Covid-19 pandemic has prompted the US Federal Reserve Board to announce another round of bank stress tests to see how large banks stand up against two scenarios featuring severe recessions. “The Fed’s stress tests earlier […]


Capital and Risk, Macroeconomic

Economists see a chance of a double-dip recession, survey shows

August 24, 2020

Via: CNBC

There’s a 1-in-4 chance the economy could fall into a double-dip recession, according to a majority of economists surveyed by the National Association for Business Economics. Two-thirds of NABE members say the economy has not yet come out of the […]


Capital and Risk, Liquidity

Gold prices pull back from $2,000 mark as dollar’s skid abates

August 19, 2020

Via: Market Watch

Gold prices fell on Wednesday as the U.S. dollar halted its skid and as commodity investors watch for minutes from the Federal Reserve’s July policy meeting, which could provide further insights on the central banker’s outlook for the U.S. and […]