Federal Reserve System Archives - CFO

Wells Fargo’s Credit Rating Takes a Hit

Risk Management

Wells Fargo’s Credit Rating Takes a Hit

S&P downgrades the bank, citing "the complexities of improving compliance and operational risk controls throughout its very large organization."

By Vincent Ryan | February 8, 2018

The U.S. Jobs Market: Full Steam Ahead

The U.S. Jobs Market: Full Steam Ahead

A still-strengthening jobs market is good and bad news for employers.

By Vincent Ryan | August 10, 2017

Consumer Spending Rises Modestly

Consumer Spending Rises Modestly

Consumption picked up in May, but the key measure of U.S. inflation grew only 1.4%.

By William Sprouse | June 30, 2017

CRE Market Set to Soften: Fitch

CRE Market Set to Soften: Fitch

Once again, U.S. banks are over-exposed to commercial real estate at a time when the market is expected to turn.

By Vincent Ryan | November 7, 2016

Fed Finds Banks Are Tightening on C&I Loans

Investment Banking

Fed Finds Banks Are Tightening on C&I Loans

A less favorable economic outlook had some banks tightening standards for commercial and industrial loans in July, said the Federal Reserve.

By Vincent Ryan | August 2, 2016

Is the Future of Fintech a Bank Charter?

Is the Future of Fintech a Bank Charter?

The benefits in bank conversion are clear, but the path to getting approval from regulators that tend to distrust innovation is challenging.

By John Beaty | July 25, 2016

N.Y. Fed, Bangladesh Bank Join Forces to Solve Cyber-Heist

N.Y. Fed, Bangladesh Bank Join Forces to Solve Cyber-Heist

The banks pledged to work together with SWIFT to solve the crime and recover the $81 million that is still missing.

By Matthew Heller | May 10, 2016

Junk Bond Defaults Seen Rising Again in 2016

Junk Bond Defaults Seen Rising Again in 2016

The credit ratings agency forecast that the junk default rate will be 4% this year, up from 3.5% in 2015.

By Matthew Heller | March 2, 2016

IMF Urges Emergency Plan for Global Economy

IMF Urges Emergency Plan for Global Economy

'Accommodative monetary policy remains essential where inflation is still well below central banks’ targets,' said the IMF.

By Matthew Heller | February 25, 2016

Fed Watching

The media seem to hang on their every utterance. How much do you know about the Federal Reserve Board?

By CFO Staff | February 19, 2016

Yellen Says Fed Looking at Negative Rates

Yellen Says Fed Looking at Negative Rates

The FOMC wants to be prepared in case it needs to reverse course and make monetary policy more accommodative, Chair Janet Yellen told Congress.

By Matthew Heller | February 12, 2016

IMF Urges Caution on U.S. Interest Rate Hike

IMF Urges Caution on U.S. Interest Rate Hike

Spare economic capacity and very low inflation justify keeping monetary policy loose in most major advanced economies, IMF staff said.

By Matthew Heller | November 12, 2015

Deposits Environment: Banks Have the Upper Hand

Credit & Capital

Deposits Environment: Banks Have the Upper Hand

What to do when a financial institution doesn't want your transactional deposits.

By Vincent Ryan | October 20, 2015

Fed Says Economy Still Not Ready for Rate Hike

Growth Companies

Fed Says Economy Still Not Ready for Rate Hike

The Federal Reserve's open market committee says it wants to see further improvement in the labor markets and inflation heading back to near 2%.

By Matthew Heller | September 17, 2015

Fed Finds Wage Growth in Some Regions

Fed Finds Wage Growth in Some Regions

Latest "Beige Book" survey may fuel confidence in the economy as the central bank considers interest-rate policy later this month.

By Matthew Heller | September 3, 2015