Tag Archives: Federal Reserve

The latest inflation figures prompted Fed Governor Daniel Tarullo to say that the U.S. economy is "not running hot."

While immediate declines in mortgage rates have caused many to speculate on Brexit's effect, Stanley Fischer is taking a wait-and-see stance.

A June rate hike was widely expected but did not occur. Now with the Brexit vote, some are suggesting it is going to be a while before the Fed raises long-term interest rates.

Morgan Stanley Chairman and CEO James Gorman said that the investment banking firm is “committed to addressing the Fed’s concerns about our capital planning process and fully expect to meet their requirements within the established timeframe.”

The nation's 33 largest bank holding companies were tested for their ability to lend under severely adverse economic scenarios that include an increase of 5 percentage points in the unemployment rate.

Although the Federal Open Market Committee (FOMC) did not raise the federal funds rate at the April meeting, even with further improvement observed in the housing sector, there has been ongoing speculation about if the Fed would make a move this month.

Federal Reserve Chair Janet Yellen said Monday that the central bank will raise the federal funds rate when economic outlook uncertainties clear the air.

This week, mortgage rates trended up while applications declined as the Federal Reserve sent out large signals that a rate hike is imminent in June, but Friday's employment report could completely derail those plans.

The Bureau of Economic Analysis reported an upward revision to the first quarter gross domestic product, which some industry experts believe will not only signal better growth in the second quarter, but also motivate the Fed to raise rates.

The Federal Reserve Board found that American families experienced continued mild improvement in their financial well-being in 2015, but many families were struggling financially and felt excluded from economic advancement.