Tag Archives: Fed

Wells Fargo reform plans fail to satisfy Fed after scandals: sources

Business The Federal Reserve has rejected Wells Fargo & Co’s plans to prevent further consumer abuses and told the scandal-plagued lender it needs stronger checks on management, according to three people with knowledge of the discussions. A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith 06 Dec 2018 07:10PM(Updated: 06 Dec 2018 07:16PM) ...

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Oops! LIBOR Spikes Again (LIBOR Leads The Fed Target Rate Increases) – Confounded Interest

confoundedinterest17 Agency MBS, Bank of England, Bank of Japan, Banking, ECB, Economy, Fed, Inflation, LIBOR, Mortgage, Powell, Uncategorized, VIX, Volatility, Yellen November 30, 2018 0 Minutes The London Interbank Offered Rate (LIBOR) has been rising since The Federal Reserve began raising their target rate back in late 2015 and has accelerated as The Fed began rapidly raising its target rate ...

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The Fed is still tweaking its balance sheet unwind

A recent survey the bank did of financial officers indicated that banks are comfortable with a smaller balance sheet than the $4 trillion one in place now, as well as one larger than the $800 billion or so level in place before the financial crisis and the Fed’s stimulus program. Minutes from the November Federal Open Market Committee meeting detailed ...

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