The growing optimism "is evident in the robust expectations firms have for revenue and employment growth in 2021," according to The CFO Survey.
The Fed's decision means banks can no longer exclude Treasury bonds and deposits held at the central bank from their supplementary leverage ratio.
The central bank expects to maintain ultralow rates until “inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.”
Economists expect the rise in prices to continue into the summer, pushing inflation past the Federal Reserve’s 2% target.
Fedwire and FedACH were among the key systems affected by the outage, which the Fed blamed on an "operational error."
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The PCAF standard is a response to the growing recognition that financial institutions play a key role in shaping the future of our planet.
Many U.S. financial institutions left loan standards unchanged for business and real estate credits, as demand weakened.
The fourth-quarter CFO Survey indicates that finance chiefs are "seeing over the cloud of the pandemic."
The Fed voted 4-1 to ease restrictions on buybacks and dividends it had imposed to ensure banks preserved capital amid the coronavirus pandemic.
"Janet Yellen is brilliant ... and seems to be popular in all factions, from the financial markets to Main Street."
If the economy "really goes south," the Treasury Secretary "will go down in history as the man who took away a safety net when it was really needed.”
