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

The Wall Street Journal reported Jerome Powell was named the 16th chairman of the Federal Reserve as he was confirmed by the Senate. read more

JAN 24, 2018 - 7:15 am

According to the Federal Reserve’s beige book report, economic activity continued to increase at a modest to moderate pace in October and mid-November. read more

DEC 6, 2017 - 6:37 am

President Donald Trump nominated macroeconomist Marvin Goodfriend, monetary policy expert and central banking historian, to serve as a member of the Board of Governors of the Federal Reserve System. read more

DEC 4, 2017 - 7:08 am

At a recent conference, Federal Reserve Board of Governors member Lael Brainard gave a speech outlining how a new generation of fintech tools offers both potential and risk that will need to be managed. read more

NOV 20, 2017 - 7:03 am

The Federal Reserve issued a statement saying, “The federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run.” read more

NOV 3, 2017 - 7:05 am

The Wall Street Journal reported that Federal Reserve governor Jerome Powell will be Donald Trump’s choice to lead the Fed when current chair Janet Yellen’s term ends in January. read more

OCT 30, 2017 - 7:36 am

According to the Federal Reserve’s most recent Beige Book release, economic activity expanded at a modest to moderate pace across all 12 Federal Reserve districts in July and August. read more

SEP 18, 2017 - 7:18 am