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Search Results: Janet

NACHA CEO Janet O. Estep Named to Steering Committee of Federal Reserve’s Faster Payments Task Force

July 24 – The Electronic Payments Association President and CEO Janet O. Estep has been named as a member of the steering committee of the Federal Reserve’s Faster Payments Task Force.


Chair Janet Yellen Speaks on Monetary Policy and Financial Stability

July 3 – Federal Reserve Chair Janet L. Yellen addressed monetary policy and financial stability at the 2014 Michel Camdessus Central Banking Lecture, International Monetary Fund, Washington, D.C. Below are her comments.


Ranking Member Waters Leads House Democrats in Supporting Janet Yellen for Federal Reserve Chairman

Aug 1 – Financial Services Committee Ranking Member Maxine Waters, joined by 37 of her fellow Democrats, delivered a letter urging President Obama to nominate Janet Yellen, current vice chairman of the Board of Governors of the Federal Reserve System, to replace Ben Bernanke as chairman of the Federal Reserve when his term expires.


Fed Vice Chair Janet L. Yellen Gives Outlook on the Economy

October 21 – Federal Reserve Vice Chair Janet L. Yellen gave a presentation titled, “The Outlook for the U.S. Economy and Economic Policy” at the Annual Meeting of the Financial Management Association International. Her comments follow:


Yellen Remarks Point to Increased Likelihood of Rate Hike

August 29 – The case for an increase in the federal funds rate has strengthened recent months, Federal Reserve Chair Janet Yellen believes. However, in a much-anticipated speech last Friday (Aug. 26) during the monetary policy symposium sponsored by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyo., she offered no more clues as to when the Federal Open Market Committee will make the move. (more…)

Resolution Plans Remain Unresolved

The debate goes on over risk and concentration in TBTF banks.

By Bill Poquette

More than five years ago, the Dodd-Frank Act was passed requiring “orderly resolution” plans touted as assurance there would be no more taxpayer bailouts of huge banks long considered too big to fail. Yet, doubts linger. These doubts were refueled early this year when the newly named president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, delivered a speech at the Brookings Institution in Washington, D.C., announcing a bank initiative to end too big to fail.


Economic Forecast 2016, Part 2: Headwinds and Tailwinds

By KC Mathews


As I mentioned in part 1 of our economic forecast (March BankNews), I expect our economy to continue to grow at a slow and steady pace in 2016, due in part to the several tailwinds and a few headwinds.


Are Negative Interest Rates Coming to U.S. Community Banks?

February 19 – Douglas E. Johnston, Jr., banking and financial expert witness and economic analyst at Five Management, LLC, shares his unique perspective regarding the emergence of negative interest rates.


Fed Officials Express Optimism for Rate Increase

December 8 – In the days leading up to the next meeting of the Federal Open Market Committee, various Fed officials have expressed optimism that the members will vote to increase interest rates. The FOMC’s final meeting of 2015 will be held Dec. 15-16 and will be followed by a press conference. (more…)

Mortgage Rates Edge Up In Response to FOMC Statement

November 5 — Freddie Mac released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates rising amid market expectations of possible rate increase by the Federal Reserve. (more…)

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