by admin | Mar 17, 2020 | Central Bank, FOMC, Individuals, Institutions
Summary Section 13(3) of the Federal Reserve Act, a product of the Depression Era, permits emergency lending to bank and nonbank companies by the Federal Reserve. On October 27, 2008, the Federal Reserve established the Commercial Paper Funding Facility (CPFF) in...
by admin | Mar 15, 2020 | Central Bank, FOMC, Individuals, Institutions
This is an unscheduled meeting of the FOMC and replaces the scheduled March 17th-18th meeting. Summary The coronavirus outbreak has harmed communities and disrupted economic activity. Global financial conditions have also been significantly affected. Available...
by admin | Mar 13, 2020 | Central Bank, FOMC, Individuals, Institutions
The ECB acknowledges that the spread of the coronavirus (COVID-19) has been a major shock to the growth prospects of the global and euro area economies and has heightened market volatility. Even if ultimately temporary in nature, it will have a significant impact on...
by admin | Feb 27, 2020 | Central Bank, FOMC, Individuals, Institutions
With the Coronavirus rolling across Asia and into the Middle East and Europe, investors are recalculating risk and pricing in a global pandemic that will extend the demand and supply shock that originated in China. Investors are now increasingly pricing in more FOMC...
by admin | Jan 29, 2020 | Central Bank, FOMC, Individuals, Institutions
Summary Labor market remains strong with solid job gains. (no change) Economic activity has been rising at a moderate rate. (no change) Unemployment rate has remained low. (no change) Growth of household spending has been rising at a moderate pace. (changed) Growth of...