yusufizzetmurat/fed-pulse-embedding-caches huggingface dataset:
[2022-09-21] Credit in the residential mortgage market remained available for high-credit-score borrowers. Credit availability for low-credit-score borrowers continued to ease through July but remained modestly ti
[2022-09-21] Staff Review of the Economic Situation The information available at the time of the September 20–21 meeting suggested that U.S. real GDP was increasing at a modest pace in the third quarter after havi
[2022-09-21] Consumer price inflation remained elevated. Total PCE price inflation was 6.3 percent over the 12 months ending in July, and core PCE price inflation, which excludes changes in consumer energy prices
[2022-09-21] Michael Dotsey, Executive Vice President, Federal Reserve Bank of Philadelphia
[2022-09-21] Kurt F. Lewis, Special Adviser to the Board, Division of Board Members, Board
[2022-09-21] The market-implied path of the federal funds rate shifted sharply higher after market participants interpreted Federal Reserve communications—particularly those provided at the Jackson Hole symposium—
[2022-09-21] Andrew Figura, Associate Director, Division of Research and Statistics, Board
[2022-09-21] At the conclusion of the discussion, the Committee voted to authorize and direct the Federal Reserve Bank of New York, until instructed otherwise, to execute transactions in the SOMA in accordance wit
[2022-09-21] Participants broadly judged the risks to real GDP growth to be weighted to the downside, with various global headwinds most prominently cited as contributing factors. These global headwinds included h
[2022-09-21] Jeffrey D. Walker,4 Associate Director, Division of Reserve Bank Operations and Payment Systems, Board
[2022-09-21] Andreas Lehnert, Director, Division of Financial Stability, Board
[2022-09-21] Min Wei, Senior Associate Director, Division of Monetary Affairs, Board
[2022-09-21] Available spending indicators, including the August retail sales report, suggested that real PCE was on track to post a modest gain in the third quarter. However, the latest housing market data pointe
[2022-09-21] Members observed that Russia's war against Ukraine was causing tremendous human and economic hardship. They also agreed that the war and related events were creating additional upward pressure on infl
[2022-09-21] Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michael S. Barr; Michelle W. Bowman; Lael Brainard; James Bullard; Susan M. Collins; Lisa D. Cook; Est
[2022-09-21] Participants agreed that the uncertainty associated with their economic outlooks was high and that risks to their inflation outlook were weighted to the upside. Some participants noted rising labor te
[2022-09-21] Jane E. Ihrig, Special Adviser to the Board, Division of Board Members, Board
[2022-09-21] Luca Guerrieri, Deputy Associate Director, Division of Financial Stability, Board
[2022-09-21] Nitish R. Sinha, Special Adviser to the Board, Division of Board Members, Board
[2022-09-21] 4. Attended through the discussion of developments in financial markets and open market operations. Return to text
[2022-09-21] David Altig, Executive Vice President, Federal Reserve Bank of Atlanta
[2022-09-21] ï»¿ The Fed - Monetary Policy: Skip to main content An official website of the United States Government Here's how you know Official websites use .gov A .gov website belongs to an official government
[2022-09-21] Camille Bryan, Senior Project Manager, Division of Monetary Affairs, Board
[2022-09-21] Annette Vissing-Jørgensen, Senior Adviser, Division of Monetary Affairs, Board
[2022-09-21] By unanimous vote, the Committee ratified the Desk's domestic transactions over the intermeeting period. There were no intervention operations in foreign currencies for the System's account during the
[2022-09-21] Sylvain Leduc, Executive Vice President, Federal Reserve Bank of San Francisco
[2022-09-21] Seth Searls,4 Associate Director, Federal Reserve Bank of New York
[2022-09-21] According to the July Senior Loan Officer Opinion Survey on Bank Lending Practices, banks tightened credit standards on C&I lending for the first time in two years, but C&I loans on banks' balance she
[2022-09-21] Linda Robertson, Assistant to the Board, Division of Board Members, Board
[2022-09-21] Diana Hancock, Senior Associate Director, Division of Research and Statistics, Board
[2022-09-21] Edward Nelson, Senior Adviser, Division of Monetary Affairs, Board
[2022-09-21] In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adj
[2022-09-21] Members agreed that, in assessing the appropriate stance of monetary policy, they would continue to monitor the implications of incoming information for the economic outlook and that they would be pre
[2022-09-21] Shaghil Ahmed, Joseph W. Gruber, Carlos Garriga, and William Wascher, Associate Economists
[2022-09-21] A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, September 20, 2022, at 1:00
[2022-09-21] Paul Lengermann, Assistant Director, Division of Research and Statistics, Board
[2022-09-21] Matteo Iacoviello, Senior Associate Director, Division of International Finance, Board
[2022-09-21] In money markets, the 75 basis point increase in the target range at the July meeting passed through fully to overnight rates. Amid strong demand for short-term investments, take-up at the overnight r
[2022-09-21] Participants observed that the labor market had remained very tight, as evidenced by a historically low unemployment rate, elevated job vacancies and quit rates, a low pace of layoffs, robust employme
[2022-09-21] Staff Review of the Financial Situation Over the intermeeting period, U.S. Treasury yields and the market-implied federal funds rate path moved higher. Broad domestic equity price indexes decreased sl
[2022-09-21] Stephanie E. Curcuru, Deputy Director, Division of International Finance, Board
[2022-09-21] In their discussion of the household sector, participants noted that consumer spending grew moderately, reflecting strength in the labor market, the elevated level of household savings accumulated dur
[2022-09-21] Minutes of the Federal Open Market Committee September 20-21, 2022 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices
[2022-09-21] In their assessment of the effects of policy actions and communications to date, participants concurred that the Committee's actions to raise expeditiously the target range for the federal funds rate
[2022-09-21] Sarah Devany, First Vice President, Federal Reserve Bank of San Francisco
[2022-09-21] In their consideration of the appropriate stance of monetary policy, participants concurred that the labor market was very tight and that inflation was far above the Committee's 2 percent inflation ob
[2022-09-21] Anna Paulson, Executive Vice President, Federal Reserve Bank of Chicago
[2022-09-21] Giovanni Olivei, Senior Vice President, Federal Reserve Bank of Boston
[2022-09-21] Marnie Gillis DeBoer, Senior Associate Director, Division of Monetary Affairs, Board
[2022-09-22] For media inquiries, call 202-452-2955 or e-mail [email protected].
[2022-09-22] The Federal Reserve Board approved action on Thursday by the Boards of Directors of the Federal Reserve Banks of New York, Minneapolis, and San Francisco increasing the discount rate, specifically the
[2022-10-12] For media inquiries, e-mail [email protected] or call 202-452-2955
[2022-10-12] FOMC minutes can be viewed on the Board’s website at http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
[2022-10-12] The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 20–21, 2022. The minutes for each regularly schedu
[2022-10-18] For media inquiries, please email [email protected] or call 202-452-2955.
[2022-10-18] The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings from August 22 through September 21, 2022.
[2022-11-02] Jane E. Ihrig, Special Adviser to the Board, Division of Board Members, Board
[2022-11-02] "Effective November 3, 2022, the Federal Open Market Committee directs the Desk to:
[2022-11-02] Paula Tkac, Senior Vice President, Federal Reserve Bank of Atlanta
[2022-11-02] The vote also encompassed approval of the statement below for release at 2:00 p.m.:
[2022-11-02] For media inquiries, please email [email protected] or call 202-452-2955.
[2022-11-02] Eric M. Engen, Senior Associate Director, Division of Research and Statistics, Board
[2022-11-02] Joshua Gallin, Senior Special Adviser to the Chair, Division of Board Members, Board
[2022-11-02] Gustavo A. Suarez, Assistant Director, Division of Research and Statistics, Board
[2022-11-02] Isabel Cairó, Principal Economist, Division of Monetary Affairs, Board
[2022-11-02] A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, November 1, 2022, at 10:30 a
[2022-11-02] Burcu Duygan-Bump, Special Adviser to the Board, Division of Board Members, Board
[2022-11-02] Participants' Views on Current Conditions and the Economic Outlook In their discussion of current economic conditions, participants noted that recent indicators pointed to modest growth of spending an
[2022-11-02] Jose Acosta, Senior Communications Analyst, Division of Information Technology, Board
[2022-11-02] The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal
[2022-11-02] The manager pro tem turned next to a discussion of volatility in global financial markets. In September, an expansionary budget announced by the U.K. government resulted in an extraordinary rise in yi
[2022-11-02] The nominal U.S. international trade deficit narrowed in the third quarter. Net exports contributed positively to real GDP growth, as real exports stepped up while real imports declined.
[2022-11-02] "Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting su
[2022-11-02] 1. The Federal Open Market Committee is referenced as the "FOMC" and the "Committee" in these minutes; the Board of Governors of the Federal Reserve System is referenced as the "Board" in these minute
[2022-11-02] Participants discussed a number of risk-management considerations related to the conduct of monetary policy. In light of the continuing broad-based and unacceptably high level of inflation and upside
[2022-11-02] Staff Review of the Financial Situation Over the intermeeting period, U.S. Treasury yields and the market-implied federal funds rate path moved substantially higher. Broad domestic equity prices were
[2022-11-02] On a 12‑month change basis, total PCE price inflation was expected to be 5.3 percent in 2022 and core inflation was expected to be 4.6 percent. The staff raised their projection for core PCE price inf
[2022-11-02] Andreas Lehnert, Director, Division of Financial Stability, Board
[2022-11-02] Business loans at banks continued to expand in September but at a slower pace than observed in past months. In the October Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS), banks r
[2022-11-02] Elevated volatility in international financial markets contributed to volatility in U.S. core fixed-income markets. In markets for U.S. Treasury securities, some measures of market-implied volatility
[2022-11-02] James P. Bergin, Deputy General Counsel, Federal Reserve Bank of New York
[2022-11-02] Attendance Jerome H. Powell, Chair John C. Williams, Vice Chair Michael S. Barr Michelle W. Bowman Lael Brainard James Bullard Susan M. Collins Lisa D. Cook Esther L. George Philip N. Jefferson Lorett
[2022-11-02] In domestic credit markets, borrowing costs continued to rise over the intermeeting period. Yields for corporate bonds and institutional leveraged loans increased. Bank interest rates for commercial a
[2022-11-02] The staff provided an update on its assessment of the stability of the financial system. The staff noted that respondents to the Federal Reserve Bank of New York's survey of near-term risks judged tha
[2022-11-02] Shaghil Ahmed, Brian M. Doyle, Carlos Garriga, Joseph W. Gruber, David E. Lebow, Ellis W. Tallman, and William Wascher, Associate Economists
[2022-11-02] Julie Ann Remache, Policy and Market Monitoring Head, Federal Reserve Bank of New York
[2022-11-02] The manager pro tem turned next to developments in money markets and Federal Reserve operations. Usage of the overnight reverse repurchase agreement (ON RRP) facility remained fairly steady other than
[2022-11-02] 3. Attended opening remarks for Tuesday session only. Return to text
[2022-11-02] Credit remained available in the residential mortgage market for borrowers who are able to pay high interest rates. The number of home-purchase and refinance mortgage originations were about flat in A
[2022-11-02] Eric C. Engstrom, Associate Director, Division of Monetary Affairs, Board
[2022-11-02] 2. Attended through the discussion of developments in financial markets and open market operations. Return to text
[2022-11-02] Satyajit Chatterjee, Vice President, Federal Reserve Bank of Philadelphia
[2022-11-02] Kartik B. Athreya, Executive Vice President, Federal Reserve Bank of Richmond
[2022-11-02] Jeffrey D. Walker,2 Associate Director, Division of Reserve Bank Operations and Payment Systems, Board
[2022-11-02] Michael G. Palumbo, Senior Associate Director, Division of Research and Statistics, Board
[2022-11-02] Real PCE rose modestly in the third quarter. Residential investment dropped further, however, and business fixed investment growth was held back by a decline in nonresidential structures investment. G
[2022-11-02] Voting for this action: Jerome H. Powell, John C. Williams, Michael S. Barr, Michelle W. Bowman, Lael Brainard, James Bullard, Susan M. Collins, Lisa D. Cook, Esther L. George, Philip N. Jefferson, Lo
[2022-11-02] In their discussion of issues related to financial stability, participants noted the importance of orderly functioning of the market for U.S. Treasury securities for the transmission of monetary polic
[2022-11-02] Participants remarked that, overall, measures of medium- and longer-term inflation expectations obtained from surveys of households and businesses as well as from financial markets quotes appeared to
[2022-11-02] Alyssa Arute,2 Manager, Division of Reserve Bank Operations and Payment Systems, Board
[2022-11-02] It was agreed that the next meeting of the Committee would be held on Tuesday–Wednesday, December 13–14, 2022. The meeting adjourned at 10:30 a.m. on November 2, 2022.
[2022-11-02] Members observed that Russia's war against Ukraine was causing tremendous human and economic hardship. They also agreed that the war and related events were creating additional upward pressure on infl
[2022-11-02] Participants observed that the labor market had remained very tight, with the unemployment rate near a historically low level, the number of job vacancies very high, a low pace of layoffs, robust empl
[2022-11-02] Donielle A. Winford, Information Manager, Division of Monetary Affairs, Board
[2022-11-02] Matteo Iacoviello, Senior Associate Director, Division of International Finance, Board
[2022-11-02] David Bowman, Senior Associate Director, Division of Monetary Affairs, Board
[2022-11-02] Broad equity price indexes fell significantly early in the intermeeting period, with inflation news and monetary policy expectations likely being the main drivers of stock price movements. However, eq
[2022-11-02] Stephanie E. Curcuru, Deputy Director, Division of International Finance, Board
[2022-11-02] In their consideration of appropriate monetary policy actions at this meeting, participants concurred that inflation remained well above the Committee's longer-run goal of 2 percent and the recent dat
[2022-11-02] With inflation remaining stubbornly high, the staff continued to view the risks to the inflation projection as skewed to the upside. For real activity, sluggish growth in real private domestic spendin
[2022-11-02] David Glancy, Principal Economist, Division of Monetary Affairs, Board
[2022-11-02] In discussing potential policy actions at upcoming meetings, participants reaffirmed their strong commitment to returning inflation to the Committee's 2 percent objective, and they continued to antici
[2022-11-02] Paul A. Smith, Deputy Associate Director, Division of Research and Statistics, Board
[2022-11-02] Conditions in short-term funding markets remained stable over the intermeeting period, with the September increase in the target range for the federal funds rate and the associated increases in the Fe
[2022-11-02] Rebecca Zarutskie, Special Adviser to the Board, Division of Board Members, Board
[2022-11-02] Foreign asset prices were volatile over the intermeeting period as investors grappled with the combination of a deteriorating global growth outlook and synchronous policy tightening undertaken by majo
[2022-11-02] Jon Faust, Senior Special Adviser to the Chair, Division of Board Members, Board
[2022-11-02] Edward Nelson, Senior Adviser, Division of Monetary Affairs, Board
[2022-11-02] Participants agreed that inflation was unacceptably high and was well above the Committee's longer-run goal of 2 percent. Some participants noted that the burden of high inflation was falling dispropo
[2022-11-02] Minutes of the Federal Open Market Committee November 1-2, 2022 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of
[2022-11-02] Notation Vote By notation vote completed on October 11, 2022, the Committee unanimously approved the minutes of the Committee meeting held on September 20–21, 2022.
[2022-11-02] Samuel Schulhofer-Wohl, Senior Vice President, Federal Reserve Bank of Dallas
[2022-11-02] In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adj
[2022-11-02] Andrew Figura, Associate Director, Division of Research and Statistics, Board
[2022-11-02] Rochelle M. Edge, Deputy Director, Division of Monetary Affairs, Board
[2022-11-02] 4. In taking this action, the Board approved requests to establish that rate submitted by the Boards of Directors of the Federal Reserve Banks of Boston, Cleveland, Richmond, Atlanta, Chicago, St. Lou
[2022-11-02] Participants generally noted that the uncertainty associated with their economic outlooks was high and that the risks to the inflation outlook remained tilted to the upside. Participants observed that
[2022-11-02] Developments in Financial Markets and Open Market Operations The manager pro tem turned first to a discussion of financial market developments in the United States. Over the period, financial conditio
[2022-11-02] Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting sup
[2022-11-02] Staff Review of the Economic Situation The information available at the time of the November 1–2 meeting suggested that U.S. real gross domestic product (GDP) had increased at a moderate pace in the t
[2022-11-02] With monetary policy approaching a sufficiently restrictive stance, participants emphasized that the level to which the Committee ultimately raised the target range for the federal funds rate, and the
[2022-11-02] With regard to the business sector, participants noted that growth in investment spending was modest. Several participants observed that business investment was being weighed down by tighter financial
[2022-11-02] Committee Policy Action In their discussion of monetary policy for this meeting, members agreed that recent indicators had pointed to modest growth in spending and production. Members also concurred t
[2022-11-02] Seth Searls,2 Associate Director, Federal Reserve Bank of New York
[2022-11-02] Credit continued to be generally available to businesses and households despite some signs of tightening lending standards in certain segments, but high borrowing costs reduced the demand for credit i
[2022-11-02] Participants observed that, with inflation elevated globally, many central banks were tightening monetary policy simultaneously, contributing to an overall tightening of global financial conditions. P
[2022-11-02] Participants discussed the length of the lags in the response of the economy to monetary policy actions, taking into account historical experience and the various estimates of timing relationships pro
[2022-11-02] Committee Ethics Discussion The Chair began with a discussion of ethical standards and acknowledged the great privilege and heavy responsibility that come with being entrusted to make policy decisions
[2022-11-02] Mark Meder, First Vice President, Federal Reserve Bank of Cleveland
[2022-11-02] Russia's war against Ukraine is causing tremendous human and economic hardship. The war and related events are creating additional upward pressure on inflation and are weighing on global economic acti
[2022-11-02] Paul R. Wood, Special Adviser to the Board, Division of Board Members, Board
[2022-11-02] At the conclusion of the discussion, the Committee voted to authorize and direct the Federal Reserve Bank of New York, until instructed otherwise, to execute transactions in the SOMA in accordance wit
[2022-11-02] The foreign exchange value of the dollar appreciated further over the period. Market participants perceived several Asian economies as engaging in foreign exchange market interventions in response to
[2022-11-02] Staff Economic Outlook The projection for U.S. economic activity prepared by the staff for the November FOMC meeting was weaker than the September forecast. Broad financial conditions were expected to
[2022-11-02] To support the Committee's decision to raise the target range for the federal funds rate, the Board of Governors of the Federal Reserve System voted unanimously to raise the interest rate paid on rese
[2022-11-02] Michele Cavallo, Principal Economist, Division of Monetary Affairs, Board
[2022-11-02] The credit quality of nonfinancial corporations showed signs of deterioration in some sectors but remained generally solid overall. The volume of corporate bond rating upgrades was roughly on par with
[2022-11-02] Members agreed that the Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, members agreed to raise the target range fo
[2022-11-02] Sally Davies,3 Senior Adviser, Division of International Finance, Board
[2022-11-02] Data pointed to weakening foreign economic activity in recent months, weighed down by the economic fallout of Russia's war against Ukraine, headwinds in China, and tighter financial conditions. In man
[2022-11-02] Linda Robertson, Assistant to the Board, Division of Board Members, Board
[2022-11-02] A number of participants judged that the risks regarding the outlook for economic activity were weighted to the downside, with various global headwinds being prominently cited. These global headwinds
[2022-11-02] Charles L. Evans, Patrick Harker, Neel Kashkari, Lorie K. Logan, and Helen E. Mucciolo, Alternate Members of the Committee
[2022-11-02] Chiara Scotti, Special Adviser to the Board, Division of Board Members, Board
[2022-11-02] In their discussion of the effects of monetary policy actions and communications to date, participants concurred that the Committee had taken forceful steps to moderate aggregate demand in order to br
[2022-11-02] Etienne Gagnon, Assistant Director, Division of Monetary Affairs, Board