Federal Reserve
Perceived Taylor rule responses show limited time variation
Federal Reserve researchers Edward Herbst and Karen Page find that perceived monetary policy rules show little time variation once pooling restrictions are selected by data.
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Bowman details stress test overhaul to halve capital volatility
Federal Reserve Vice Chair for Supervision Michelle Bowman announced upcoming final revisions to the U.S. bank stress testing framework during a speech in London on September 18, 2026.
Supervisors knew of SVB risks in March 2022, review finds
Federal Reserve Vice Chair for Supervision Michelle Bowman presented the initial findings of an independent review by Starling Advisory Group into the March 2023 collapse of Silicon Valley Bank in London on September 18, 2026.
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Expected weather losses reduce Florida home values by 0.5 percent
A Federal Reserve Board research paper finds that Florida residential real estate prices rationally incorporate ex ante weather risk, with higher expected storm losses lowering property valuations at an implied discount rate of about 2.1 percent.
Treasury supply rise of $100 billion lifts yields by 3 basis points
A 100 billion dollar expansion in U.S. Treasury supply raises five-year yields by approximately 3 basis points, according to research by Federal Reserve economists Daniel Beltran and Canlin Li.
Funds rate projected at 4.1 percent through 2027
Federal Open Market Committee participants raised their median federal funds rate projection to 4.1 percent for both 2026 and 2027.
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Policy rate raised 25 basis points to 3.75-4.00 percent
The Federal Open Market Committee raised the federal funds target range by 25 basis points to 3.75-4.00 percent on September 16, 2026.
Interagency proposal tailors third-party risk management
Four US banking regulators have requested public comment on proposed third-party risk management guidance that replaces the 2023 framework.
18-month bank exam threshold raised to $6 billion
Federal banking regulators have raised the asset threshold for qualifying community banks to receive 18-month on-site examination cycles from $3 billion to $6 billion.
Yen depreciation lifts foreign affiliate profits over domestic output
Currency depreciation raises foreign affiliate profits and cross-border investment income rather than stimulating domestic factory production, according to Federal Reserve research.
Pandemic migration lifts rents 25 percent in lowest-cost markets
A Federal Reserve Board study finds that pandemic remote work migration drove faster rent increases in previously low-rent areas than in high-rent markets between 2019 and 2022.
Waller open to rate hike if August inflation progress stalls
Federal Reserve Governor Christopher Waller indicated he favors keeping the policy rate unchanged at the September 15–16 FOMC meeting if disinflation continues.