The Wall Street Journal reported that the Federal Reserve is working with the Treasury to create a new program designed to finance the loans that lenders make through the emergency small business lending program. read more
APR 7, 2020 - 7:00 am
The Wall Street Journal reported that the Federal Reserve has temporarily eased big banks’ capital requirements. read more
APR 2, 2020 - 6:50 am
Bloomberg reported that the Federal Reserve has more tricks up its sleeve to respond to the economic impact of the coronavirus, according to a Fed official. read more
MAR 23, 2020 - 6:35 am
The Federal Reserve has increased its response to COVID-19, issuing its second rate cut this month and reducing reserve requirements ratios to 0%. Central banks announced coordinated action to enhance the liquidity of the U.S. dollar. read more
MAR 16, 2020 - 6:55 am
The Wall Street Journal reported that the U.S. stock market experienced its worst day on record since 1987 despite a move by the Federal Reserve to add $1.5 trillion to the market to curb “ominous” market activity. read more
MAR 13, 2020 - 6:55 am
The Wall Street Journal reported that the Fed’s emergency rate cut “took a direct hit” to banks and insurers. read more
MAR 4, 2020 - 6:00 am
The Wall Street Journal reported that Federal Reserve’s rate-setting committee could expect more consensus in 2020 after an annual rotation of its members. read more
DEC 27, 2019 - 6:30 am
The Federal Reserve reported that information received since the Federal Open Market Committee met in September indicates that the labor market remains strong. read more
NOV 22, 2019 - 6:15 am
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