According to the Washington Post, the Federal Reserve cut interest rates by a quarter-point, the first time the Fed has done so since 2008. read more

AUG 1, 2019 - 7:05 am

Information received since the Federal Open Market Committee met in May indicates that the labor market remains strong and that economic activity is rising at a moderate rate. read more

JUL 12, 2019 - 6:55 am

Wells Fargo & Company released the results of its latest company-run stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. read more

JUN 24, 2019 - 6:35 am

According to the Washington Post, the Federal Reserve has signaled a willingness to cut interest rates among signs of a slowing economy and ongoing trade uncertainty. read more

JUN 20, 2019 - 6:37 am

According to the Financial Times, the Federal Reserve said industrial production rose in May after a 0.4% drop in April. read more

JUN 17, 2019 - 7:31 am

Information received since the FOMC met in March indicates that the labor market remains strong and that economic activity rose at a solid rate. The Fed has subsequently decided to maintain the target range for the federal funds rate at 2.25% to 2.5%. read more

MAY 3, 2019 - 7:00 am

The approval percentage for small business loan applicants hit a record high of 27.3 percent at big banks in March, up one-tenth of a percent from February. read more

APR 12, 2019 - 7:00 am

Information received after the Federal Open Market Committee December meeting indicates that the labor market continues to strengthen and economic activity is rising at a solid rate. Therefore, the Committee decided to maintain the federal funds target range at 2.25% to 2.50%. read more

FEB 1, 2019 - 7:00 am

Bloomberg reported that five Federal Reserve indices of regional manufacturing dropped in December, which could indicate that shaky times are in store for the U.S. economy. read more

JAN 2, 2019 - 6:50 am

The Federal Reserve raised the target range for the federal funds rate to 2% to 2-1/4% in view of realized and expected labor market conditions and inflation. read more

SEP 27, 2018 - 6:50 am

Fed officials interviewed last week reinforced the notion the Fed will raise rates in September and Decembers. However, judging from a headline speech by Chairman Jerome Powell, Bloomberg notes this path may be far from certain. read more

AUG 27, 2018 - 7:20 am

Respondents to the Federal Reserve’s July 2018 Senior Loan Officer Opinion Survey on Bank Lending Practices indicated officers eased their standards and terms on C&I loans to firms of all sizes. read more

AUG 9, 2018 - 6:40 am

The Federal Reserve Board approved a rule to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability. read more

JUN 18, 2018 - 7:10 am

Bloomberg reported that the Federal Reserve increased the benchmark interest rate by a quarter percentage point; a move designed to slow inflation. read more

JUN 14, 2018 - 6:58 am

Fed Vice Chairman for Supervision Randal K. Quarles provided insights on fintech developments on small business access to credit, noting certain shifts in the composition of commercial bank lending to small businesses. read more

APR 3, 2018 - 6:15 am