OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Federal Reserve issues FOMC statement
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing…
Federal Reserve Board expands its Main Street Lending…
The Federal Reserve Board on Monday expanded its Main Street Lending Program to allow more small and medium-sized businesses to be able to receive support. The Board lowered the minimum loan amount, raised the maximum…
Federal Reserve Board announces an expansion in the…
The Federal Reserve Board on Wednesday announced an expansion in the number and type of entities eligible to directly use its Municipal Liquidity Facility (MLF). Under the new terms, all U.S. states will be able…
Introductory remarks for the Fed Listens panel on…
Governor Lael Brainard, at “A Fed Listens Event: How Is COVID-19 Affecting Your Community?,” sponsored by the Board of Governors of the Federal Reserve System, Washington, D.C., (via webcast) This will be the 15th Fed Listens event…
Federal Reserve Board: Opening Remarks
Chair Jerome H. Powell At "A Fed Listens Event: How Is COVID-19 Affecting Your Community?," sponsored by the Board of Governors of the Federal Reserve System, Washington, D.C. (via webcast) Good afternoon. I just want…
Federal agencies share principles for offering responsible small-dollar…
The federal financial institution regulatory agencies today issued principles for offering small-dollar loans in a responsible manner to meet financial institutions customers' short-term credit needs. The Federal Reserve Board, the Federal Deposit Insurance Corporation, the…
U.S. Economic Outlook and Monetary Policy
It is my pleasure to meet virtually with you today at the New York Association for Business Economics.1 I have been looking forward to this session, and I am sorry that I cannot join you in…
Minutes of the Federal Open Market Committee FOMC…
A joint meeting of the Federal Open Market Committee and the Board of Governors was held by conference call on Tuesday, April 28, 2020, at 1:00 p.m. and continued on Wednesday, April 29, 2020, at…