October 9, 2019 - NCUA - “Laying a Strong Foundation for the Future”
- National Credit Union Administration Chairman Rodney E. Hood today
released a six-month progress report on his efforts since he took
technology audits -
As a former bank examiner
with over 40 years IT audit experience, I will bring an examiner's
perspective to the FFIEC information technology audit for financial
Texas, New Mexico, Colorado, and Oklahoma.
October 9, 2019 - Appraisals for Residential Real Estate
Transactions : Final Rule - The Office of the Comptroller of the
Currency has adopted a final rule to increase the appraisal
threshold for residential real estate transactions (residential
transactions) from $250,000 to $400,000.
October 9, 2019 - Interactive Maps Detail Burden of Student Debt in
the Bay Area - A new interactive mapping tool released today by the
Federal Reserve Bank of San Francisco provides an in-depth look at
student loan borrowing and repayment in the nine-county San
Francisco Bay Area.
October 9, 2019 - FDIC Announces Meeting of Advisory Committee on
Community Banking - The Federal Deposit Insurance Corporation today
announced that it will hold a meeting of the Advisory Committee on
Community Banking on Thursday, October 10. FDIC senior staff will
provide an update on various supervisory policy issues and insurance
and research matters, brief Committee members on the FDIC
Subcommittee on Supervision Modernization, and discuss tools and
resources related to Opportunity Zones.
October 9, 2019 - FDIC Announces New Paid Parental Leave Benefit for
Employees - The Federal Deposit Insurance Corporation today
announced a new paid parental leave program for its employees,
providing six workweeks of paid leave per year for the birth,
adoption, or foster placement of a new child. The program will be
available to mothers and fathers equally, and to both parents if
both are FDIC employees.
October 9, 2019 - Scarred Consumption - Ulrike Malmendier and Leslie
Sheng Shen - We show that prior lifetime experiences can "scar"
consumers. Consumers who have lived through times of high
unemployment exhibit persistent pessimism about their future
financial situation and spend significantly less, controlling for
the standard life-cycle consumption factors, even though their
actual future income is uncorrelated with past experiences.
October 9, 2019 - Expectations about the Federal Funds Rate in the
Long Run - Kasper Joergensen and Andrew Meldrum - Over the past
several years, the federal funds rate has remained well below the
levels typically seen prior to the financial crisis that began in
October 9, 2019 - Communications with the public through October 9,
2019 - Communications with the public through October 9, 2019.
October 9, 2019 - Minutes of the Federal Open Market Committee,
September 17-18, 2019 - A summary of economic projections made by
Federal Reserve Board members and Reserve Bank presidents for the
meeting is also included as an addendum to these minutes.
October 8, 2019 - How Health Insurance Improves Financial Health By
Sarah Miller , Luojia Hu , Robert Kaestner , Bhash Mazumder , Ashley
Wong , Lisa Camner McKay - Research by Sarah Miller, University of
Michigan, Luojia Hu, Federal Reserve Bank of Chicago, Robert
Kaestner, University of Chicago, Bhashkar Mazumder, Federal Reserve
Bank of Chicago, and Ashley Wong, Northwestern University Summary by
Lisa Camner McKay, economics writer.
October 8, 2019 - Understanding Recent Fluctuations in Short-Term
Interest Rates - By Sam Schulhofer-Wohl - In mid-September 2019,
there were sudden, large fluctuations in short-term interest rates.
Why did these fluctuations happen, and what do they tell us about
the Federal Reserve’s monetary policy toolkit?
October 8, 2019 - NCUA Chairman Rodney E. Hood Remarks - State
Employees Credit Union Annual Membership Meeting.
October 8, 2019 - Regulatory Reform - Communications with the public
through October 8, 2019.
October 8, 2019 - Speech by Chair Powell on data-dependent monetary
policy in an evolving economy At "Trucks and Terabytes: Integrating
the 'Old' and 'New' Economies" 61st Annual Meeting of the National
Association for Business Economics, Denver, Colorado.
October 7, 2019 - NCUA Extends Deadline to Qualify for Streamlined
CDFI Application to Nov. 30 - The National Credit Union
Administration has extended the deadline for federally insured,
low-income credit unions that want to become certified Community
Development Financial Institutions to apply for qualification to use
the agency’s streamlined CDFI certification process.
October 7, 2019 - OCC to Host Innovation Office Hours in Las Vegas -
The Office of the Comptroller of the Currency today announced it
will hold Innovation Office Hours on October 28 in Las Vegas to
promote responsible innovation in the federal banking system.
October 7, 2019 - Statistical Release - Consumer Credit - G.19 - In
August, consumer credit increased at a seasonally adjusted annual
rate of 5-1/4 percent. Revolving credit decreased at an annual rate
of 2-1/4 percent, and nonrevoving credit increased at an annual rate
of 7-3/4 percent.
October 7, 2019 - Notice of a Meeting under Expedited Procedures A
closed meeting of the Board of Governors of the Federal Reserve
System was held at 11:15 a.m. on October 7, 2019. Matter(s)
considered: Review and determination by the Board of Governors of
the advance and discount rates to be charged by the Federal Reserve
October 7, 2019 - Brief remarks by Chair Powell At the premiere of "Marriner
Eccles: Father of the Modern Federal Reserve," Salt Lake City, Utah.
October 4, 2019 - Robert Owen and the Federal Reserve By Esther
George President and Chief Executive Officer Federal Reserve Bank of
Kansas City at Economic Forum Tahlequah, Oklahoma.
October 4, 2019 - FDIC Issues List of Banks Examined for CRA
Compliance - The list covers evaluation ratings that the FDIC
assigned to institutions in July 2019.
October 4, 2019 - FOIA - Chair Powell's calendar, August 2019.
October 4, 2019 - Recent balance sheet trends, weekly chart update.
October 4, 2019 - US Monetary Policy and International Bond Markets
- Simon Gilchrist, Vivian Yue, and Egon Zakrajsek - This paper uses
high-frequency data to analyze the effects of US monetary
policy--during the conventional and unconventional policy
regimes--on foreign government bonds markets in advanced and
emerging market economies.
October 4, 2019 - The Dollar and Emerging Market Economies:
Financial Vulnerabilities Meet the International Trade System -
Samer Shousha - This paper shows that dollar appreciations lead to
declines in GDP, investment, and credit to the private sector in
emerging market economies.
October 4, 2019 - Opening remarks by Chair Powell At "Perspectives
on Maximum Employment and Price Stability" a Fed Listens event
sponsored by the Board of Governors of the Federal Reserve System,
October 3, 2019 - An Open Board meeting of the Board of Governors of
the Federal Reserve System will be held at 2:00 p.m. on October 10,
2019. Matter(s) considered: Final rules on prudential standards and
resolution plan requirements for large domestic and foreign banking
organizations and proposed rule on supervisory assessments for large
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R. Kinney Williams,
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