Federal Reserve
Proposal modernizes capital rules for mutual holding companies
The Federal Reserve Board requested public comment on a proposal to modernize the regulatory framework for mutual holding companies.
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Bank insider credit limits raised under proposal
The Federal Reserve has requested public comment on proposed amendments to Regulation O to modernize rules governing credit extended to bank insiders.
Firm cost beliefs steepen Phillips curve and mute demand shocks
A Federal Reserve study by Robert Minton and Hugo Monnery reveals that US firms form cost forecasts by overreacting to past unit costs while underreacting to aggregate signals.
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Uncertainty shocks steepen credit surfaces and raise leverage costs
Federal Reserve researchers John Geanakoplos and David Rappoport show that uncertainty shocks steepen corporate credit surfaces, raising borrowing costs for leveraged firms.
Rates held at 3.50 to 3.75 percent in 9-3 split vote
The Federal Reserve maintained the federal funds target range at 3.50 to 3.75 percent in a 9-3 vote on July 29, 2026.
Foreign financial vulnerabilities amplify US downside growth risk
A new Federal Reserve paper introduces a Transmission Growth-at-Risk (TGaR) framework, revealing how foreign financial vulnerabilities shape U.S. downside growth prospects.
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LCR buffers, not levels, enable bank credit during stress
A Federal Reserve paper finds that banks with higher Liquidity Coverage Ratio (LCR) buffers provided more credit to firms during the COVID-19 crisis.
Demand shocks create firm uncertainty, amplify business cycles
A new Federal Reserve study examines how firm-level uncertainty arises over the business cycle and influences aggregate economic activity.
Hidden corporate debt distorts leverage, impacts investment
A new Federal Reserve paper documents two forms of off-balance-sheet leverage in nonfinancial corporations: operating leases (pre-2019) and intra-period borrowing.
Jefferson: Fed navigates energy, AI shocks with dual mandate
Federal Reserve Vice Chair Philip N. Jefferson discussed how monetary policymakers analyze and respond to unpredictable economic shocks.
Agencies coordinate sensitive data handling in bank exams
The Federal Reserve, FDIC, and OCC are implementing a coordinated approach for handling highly sensitive information during bank examinations.
Cook sees inflation risks outweighing employment concerns
Federal Reserve Governor Lisa D. Cook stated that inflation risks now outweigh employment risks, despite recent softer price reports.