Stronger U.S. Economic Recovery Forecast as Consumers, Businesses Loosen Pocketbooks
January 5, 2011 in Banking Report · Leave a Comment
The 18-month-old recovery will pick up in 2011, while larger-than-expected federal tax breaks enacted at the end of 2010 enhance the favorable outlook for the economy, according to forecasters surveyed by BNA.
As a result of lingering fallout from the severe recession that…
N.Y. Fed Expands Counterparty Eligibility for Possible Reverse Repurchase Program
March 16, 2010 in Banking Report · Leave a Comment
The Federal Reserve Bank of New York March 8 announced qualified money market mutual funds would be eligible counterparties in a possible reverse repurchase…
As Fed Nears Finish Line for Purchases of Mortgage-Backed Securities, Some Advocate Another Extension
February 2, 2010 in Banking Report · Leave a Comment
Federal Reserve policymakers have again reiterated plans to stop buying mortgage-backed securities (MBS) by the end of March, as they have said they would do for…
