๐Ÿ“ˆ Macroeconomics

Federal Reserve Alert! Vice Chair for Supervision Michael S. Barr in speech: "We are currently evaluating whether the supervisory stress test that is used to set capital requirements for large banks reflects an appropriately wide range of risks."

Source: https://www.federalreserve.gov/newsevents/speech/barr20221201a.htm In my first speech as Vice Chair for Supervision in September, I said that the Federal Reserve Board would soon engage in a holistic review of capital standards. My argument, then and now, is that our review of regulatory policy must
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Federal Reserve Alert! Final Beige Book of 2022 - November 30, 2022: Economic activity was about flat or up slightly since the previous report, Employment grew modestly in most districts, and consumer prices rose at a moderate or strong pace

Source: https://www.federalreserve.gov/monetarypolicy/beigebook202211.htm Summary of Commentary on Current Economic Conditions by Federal Reserve District Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Inflation Alert! Chair Jerome H. Powell speech at the Hutchins Center on Fiscal and Monetary Policy, Brookings Institution, Washington, D.C.: Inflation and the Labor Market

Source: https://www.federalreserve.gov/newsevents/speech/powell20221130a.htm Today I will offer a progress report on the Federal Open Market Committee's (FOMC) efforts to restore price stability to the U.S. economy for the benefit of the American people. The report must begin by acknowledging the reality
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Federal Reserve Alert! 'Primary Credit' (the principal safety valve for ensuring adequate liquidity in the banking system) jumped to $9.14B for the week of November 23rd, a change of 16.42% from last week and 2.47K% from one year ago.

Good Tuesday afternoon r/superstonk! Neighborhood jellyfish here and I would like to discuss, 'Primary Credit'--the principal safety valve for ensuring adequate liquidity in the banking system that has banks borrowing cash from the Fed at 4% to the tune of $9.14 billion this past week
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics