Search Results for: Federal Reserve
Federal Reserve modifies stance on low interest rates
March 19th, 2015
The US Federal Reserve has modified its stance on interest rates, which have been kept at a record low of 0% since the financial crisis in 2008. It removed the word “patience” from its regular statement. The language was seen as ...
Federal Reserve Board announces proposal to banking organizations
March 17th, 2015
The Federal Reserve Board on Monday announced a proposal that would require banking organizations to include their existing Legal Entity Identifiers (LEIs) on certain regulatory reporting forms. The LEI is a unique reference code to enable easier identification of ...
Federal Reserve issues FOMC statement
January 29th, 2015
Information received since the Federal Open Market Committee met in December suggests that economic activity has been expanding at a solid pace. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. On balance, ...
Federal Reserve Issues “Strategies for Improving the U.S. Payment System”
January 27th, 2015
The Federal Reserve today issued “Strategies for Improving the U.S. Payment System,” which presents a multi-faceted plan for collaborating with payment system stakeholders including large and small businesses, emerging payments firms, card networks, payment processors, consumers and financial institutions ...
Federal Reserve will decide this week for widen the door for interest rate hikes next year
December 15th, 2014
Federal Reserve officials will decide this week whether to make a critical change to their policy statement that would widen the door for interest rate hikes next year and effectively bet the United States will continue to shine in ...
Federal Reserve ends bond-buying stimulus
October 30th, 2014
The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market – a key condition for an eventual interest rate increase. The Fed did reiterate its plan ...
Federal Reserve invites comment on proposed rule
May 9th, 2014
The U.S. Federal Reserve Board on Thursday invited comment on a proposed rulemaking that would implement section 622 of the Dodd-Frank Act, which prohibits a financial company from combining with another company if the ratio of the resulting financial ...
Euro, Dollar Slide in Global FX Reserves
June 8th, 2016
The currencies slumped to 15-year lows last year, according to European Central Bank The euro and dollar both lost ground as international currencies last year, slumping to 15-year lows in their share of global foreign-exchange reserves, according to an ...
The creator of digital currency service “Liberty Reserve” was sentenced to 20 years in prison
May 9th, 2016
Bitcoin was not the first type of online money to be ever created, as it was preceded by E-Gold and Liberty Reserve, to name a few. The creator of Liberty Reserve was sentenced to 20 years in prison on ...
China Foreign-Exchange Reserves Rise for First Time in Five Months
April 8th, 2016
Increase comes as the yuan has staged a recovery in recent weeks China’s foreign-currency reserves rose during March, the first increase in five months, a sign Beijing may have partially succeeded in stemming heavy capital outflows that destabilized global ...
