Newsroom
FOMC eyes several policy tools going forward
The FOMC's April meeting minutes are online. |
May 22, 2014 – The Federal Open Market Committee is looking at a variety of policy tools it could employ in the months ahead in dealing with interest rates as the economy continues to strengthen.
Minutes from the FOMC's April meeting show some on the panel expect it will be some time before the federal funds rate is raised. However, meeting participants acknowledged that tightening monetary policy at a time when the central bank holds such a large balance sheet introduces a number of complications, and additional tools for boosting short term rates are being considered.
These tools could include a couple different types of reverse repurchase agreements, Term Deposit Facility operations and interest paid on excess reserves, according to the minutes. Panel members also indicated that if the economy continues to develop as expected, the committee will likely continue to reduce the pace of the Fed's asset purchases, in steps, over time.
During the April meeting, FOMC members noted that Fed staff expect inflation to remain well below the committee's longer-run objective of 2 percent over the next few years. They said the still-elevated rates of longer-duration unemployment and of workers employed part-time due to economic reasons suggest there is more slack in the labor market than is captured by the unemployment rate alone.
The FOMC's next policy setting session is scheduled for June 17-18.
Share This
Related Resources
Add to Calendar 2024-04-24 14:00:00 2024-04-24 14:00:00 Optimize Liquidity, Maximize Loan Growth: The Network Lending Advantage About The Webinar Join us to learn more about network lending, a cooperative model allowing credit unions to optimize liquidity and achieve loan growth. Discover how credit unions can participate in loan pools with other institutions, allowing them to diversify portfolios, access loans with potentially lower risk and higher yields, and expand lending capacity without necessarily needing a surge in deposits. Delve into how credit unions can pool their resources, set common underwriting and pricing standards, and collectively originate, buy, and sell loans to optimize liquidity management. Hear from your peers about best practices, case studies, and practical strategies to harness the full potential of network lending and how it's helped their credit unions. Don't miss this valuable opportunity to learn how to strengthen your credit union's position in today’s competitive environment. Key Takeaways: How network lending differs from traditional lending The benefits of participating in loan pools with other credit unions How credit unions can set common underwriting and pricing standards and collectively originate, buy and sell loans to optimize liquidity management Why network lending is critical to loan growth Watch On-Demand Web NAFCU digital@nafcu.org America/New_York public
Optimize Liquidity, Maximize Loan Growth: The Network Lending Advantage
preferred partner
LendKey
Webinar
Add to Calendar 2024-04-23 14:00:00 2024-04-23 14:00:00 Monitoring the Latest Litigation Risks Credit unions’ operations pose litigation risks, with more of these cases being filed as class action lawsuits. In this Monitoring the Latest Litigation Risks for Credit Unions webinar, you’ll review some of the specific kinds of lawsuits impacting credit unions and what potential claims could be on the horizon. You’ll also examine some options for mitigating risks. Key Takeaways Review the current lawsuit trends. Understand the potential claims risks Explore options for mitigating risks. Register Now $295 Members | $395 Nonmembers(Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until April 23, 2025Go to the Online Training Center to access the webinar after purchase » Who Should Attend NCCOs NCRMs Compliance and risk titles Education Credits NCRMs will recieve 1.0 CEUs for participating in this webinar NCCOs will recieve 1.0 CEUs for participating in this webinar Web NAFCU digital@nafcu.org America/New_York public
Monitoring the Latest Litigation Risks
Credits: NCCO, NCRM
Webinar
The Bottom Line on Insurance Tracking and Collateral Protection
Strategy
preferred partner
Allied Solutions
Blog Post
Resiliency In Your Incident Response Plan
Cybersecurity
preferred partner
DefenseStorm
Blog Post
Get daily updates.
Subscribe to NAFCU today.