Links in “Federal Reserve”
- Is the Sky Falling or are We Just Standing Up?
With the financial markets in disarray, the Federal Reserve predicting that rates won't raise till at least 2018, and the CFPB setting their cross-hairs on overdrafts, what opportunity will present itself within all this chaos? As Niccolo Machiavelli said, "never waste the opportunity offered by a good crisis." [2/23/16]
- Q: Do Big Banks Love or Hate Proposed TBTF Rules? A: Yes
The Fed Reserve's proposal for "Too Big to Fail" is both "horribly flawed" and a solution that makes breaking up giant banks unnecessary. [2/23/16]
- Consumer Credit on the Up
The Federal Reserve System has issued the December 2015Â G.19 Consumer Credit Report. Consumer credit increased at a seasonally adjusted annual rate of 5.75% during the fourth quarter. Revolving credit increased at an annual rate of 5.25%, while non-revolving credit increased at a seasonally adjusted rate of 6%. [2/8/16]
- Fed Funds Rate Predicted to Reach 1.25% By Year-end
According to CUNA's Economic Forecast, the Federal Reserve is expected to hike interest rates to 1.25% this year, and GDP growth should climb 2.75% in 2016 due to "pressures of the rising U.S. dollar on manufacturing and exports." Â [2/1/16]
- FOMC Says âNoâ to a Rate Hike
The Federal Reserve Boardâs Federal Open Market Committee, which met on Tuesday and Wednesday, announced that they would not be making any changes in rates this month. The committee cited low inflation in the near term and weakness abroad and in the financial markets as the reasons for maintaining the status quo. [1/28/16]
- Is Another Rate Hike Possible From the FOMC?
Despite the recent blizzard, the Federal Reserve Boardâs Federal Open Market Committee (FOMC) will meet this week to discuss the current economic outlook and whether another rate hike may be warranted in the coming months. Experts believe that the recent upheaval in the stock market will not detract from the committee membersâ belief in the underlying strength of the American economy. [1/26/16]
- Agencies to Hold CRA Conference
The Federal Reserve, the FDIC, and the OCC will be holding a conference on the Community Reinvestment Act. [1/8/16]
- Recent Regulator Actions Added To UDAAP Database
PLA today updates the UDAAP Database with recent enforcement actions from prudential regulators, including the CFPB, FDIC, and the Board of Governors of the Federal Reserve System. A table illustrating these recent actions is viewable here. [1/6/16]
- Judge to Fed and Credit Union on Pot Banking: Work it Out
U.S. District Court judge urges the Fed Reserve Bank of Kansas City to seek a compromise with Colorado's Fourth Corner Credit Union, which was formed for the purpose of serving marijuana retailers. [1/4/16]
- Easy There, Commercial Real Estate Lenders
The Fed, FDIC, and OCC remind commercial real estate lenders to reinforce their prudent risk-management practices in light of increased competition. [12/21/15]
