The Richmond Fed’s new Economic Quarterly is a special issue containing essays from annual reports that address broad issues affecting the economic well-being of U.S. households. The topics largely deal with longer-run trends in the economy – phenomena that play out over longer intervals than the typical business cycle.
The Federal Open Market Committee today kept the current target rate for the federal funds rate at 0.25 to 0.50 percent.
Economic conditions strengthened modestly since the previous Beige Book report. Manufacturing expanded, with a mild increase in shipments and new orders.
The Richmond Fed’s Economic Brief for January 2016 highlights a new regulation that requires banks to hold minimum levels of liquid assets.
The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on December 15-16, 2015. 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.
The Richmond Fed's Board of Directors have reappointed Kelly S. King, chairman and chief executive officer of BB&T Corp., Winston-Salem, N.C., as the Fifth District representative on the Federal Advisory Council.
The Richmond Fed’s newly released Economic Quarterly is a special issue reprinting past Annual Report articles focusing on the financial crisis. Taken together, these essays reflect much of the thinking the Richmond Fed has done on the sources of financial instability and the means by which public policy can promote stability.
The Board of Governors reappointed the chair and deputy chair of the Richmond Fed’s Board of Directors for 2016.
The boards of directors of the Richmond Fed’s Baltimore and Charlotte branches announce chairs, appointments and reappointments for 2016.
The Federal Reserve Bank of Richmond announces that Terry Wright has been promoted to group vice president.