yusufizzetmurat/fed-pulse-embedding-caches huggingface dataset:
[2018-08-16] On August 23, 2018, the Federal Reserve will conduct a floating-rate offering of term deposits with an early withdrawal feature through its TDF. The Federal Reserve will offer seven-day term deposits
[2018-08-16] The operation will be conducted as specified in this announcement, Regulation D, and the terms and conditions of the Term Deposit Facility (https://www.frbservices.org/central-bank/reserves-central/te
[2018-08-16] The Federal Reserve plans to continue its previously announced periodic testing of the Term Deposit Facility (TDF) with one operation in August. These operations are aimed at ensuring the operational
[2018-08-16] See the TDF Resource Center for additional details regarding this feature and the terms and conditions for early withdrawal (https://www.frbservices.org/central-bank/reserves-central/term-deposit-faci
[2018-08-16] Notification Participants will be able to view their awards by accessing the Term Deposit Facility application.
[2018-08-16] Submission of Tender Participants must submit tenders by accessing the Term Deposit Facility application (https://www.frbservices.org/sign-in/term-deposit-facility.html) between the opening time and t
[2018-08-16] Summary operation results will be published on the Board of Governors' website (http://www.federalreserve.gov/monetarypolicy/tdf.htm) at approximately 3:30 p.m. EDT on the notification date.
[2018-08-22] The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on July 31-August 1, 2018.
[2018-08-22] Minutes of the Federal Open Market Committee July 31-August 1, 2018: HTML | PDF
[2018-08-22] The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board's Annual Re
[2018-08-22] FOMC minutes can be viewed on the Board's website at http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
[2018-08-23] On August 23, 2018, the Federal Reserve conducted a floating-rate offering of term deposits through its Term Deposit Facility. The operation offered seven-day term deposits with the rate set equal to
[2018-08-23] The awarded deposits will settle on August 23, 2018, and will mature on August 30, 2018. The operation effective rate will apply to all awarded deposits.
[2018-08-28] The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings from July 9 through August 1, 2018.
[2018-09-26] Gregory L. Stefani, First Vice President, Federal Reserve Bank of Cleveland
[2018-09-26] Ann E. Misback, Secretary, Office of the Secretary, Board of Governors
[2018-09-26] Staff Review of the Financial Situation Nominal Treasury yields increased over the intermeeting period, as market reactions to domestic economic data releases that were, on balance, slightly stronger
[2018-09-26] "Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job
[2018-09-26] Following the vote, Chairman Powell noted that he had asked Governor Clarida to serve as chair of a subcommittee on communications issues. The other members of the subcommittee will include Governor B
[2018-09-26] Penelope A. Beattie,4 Assistant to the Secretary, Office of the Secretary, Board of Governors
[2018-09-26] * The HTML version of the September Minutes inadvertently included text from footnote 3 in footnote 4. Footnote 4 has been corrected.
[2018-09-26] Voting for this action: Jerome H. Powell, John C. Williams, Thomas I. Barkin, Raphael W. Bostic, Lael Brainard, Richard H. Clarida, Esther L. George, Loretta J. Mester, and Randal K. Quarles.
[2018-09-26] The nominal U.S. international trade deficit widened in June and July, with declining exports and rising imports. The decline in exports largely reflected lower exports of capital goods, while greater
[2018-09-26] Benjamin K. Johannsen, Senior Economist, Division of Monetary Affairs, Board of Governors
[2018-09-26] Residential mortgage financing conditions remained accommodative on balance. For borrowers with low credit scores, however, conditions were still somewhat tight despite continued easing in credit avai
[2018-09-26] Jennifer L. Burns, Deputy Director, Division of Supervision and Regulation, Board of Governors; Rochelle M. Edge, Deputy Director, Division of Monetary Affairs, Board of Governors; Michael T. Kiley, D
[2018-09-26] Meeting participants noted that a number of communities suffered devastating losses associated with Hurricane Florence. Despite the magnitude of the storm-related destruction, participants expected th
[2018-09-26] 5. In taking this action, the Board approved requests submitted by the boards of directors of the Federal Reserve Banks of Boston, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Kansa
[2018-09-26] Broad U.S. equity price indexes increased about 4 percent since the August FOMC meeting, as positive news about corporate earnings and the domestic economy outweighed negative international developmen
[2018-09-26] A joint meeting of the Federal Open Market Committee and the Board of Governors was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, Septemb
[2018-09-26] Staff Economic Outlook In the U.S. economic forecast prepared for the September FOMC meeting, real GDP was projected to increase in the second half of this year at a rate that was just a little slower
[2018-09-26] Jerome H. Powell, Chairman John C. Williams, Vice Chairman Thomas I. Barkin Raphael W. Bostic Lael Brainard Richard H. Clarida Loretta J. Mester Randal K. Quarles
[2018-09-26] Mark A. Gould, First Vice President, Federal Reserve Bank of San Francisco
[2018-09-26] In their consideration of monetary policy at this meeting, participants generally judged that the economy was evolving about as anticipated, with real economic activity rising at a strong rate, labor
[2018-09-26] Growth in real private expenditures for business equipment and intellectual property appeared to be moderating a little in the third quarter following strong gains in expenditures in the first half of
[2018-09-26] 2. Attended through the discussion of developments in financial markets and open market operations. Return to text
[2018-09-26] Evolving trade-related risks and other international developments reportedly weighed somewhat on market sentiment. However, domestic economic data releases came in a bit above market expectations, on
[2018-09-26] After assessing current conditions and the outlook for economic activity, the labor market, and inflation, members voted to raise the target range for the federal funds rate to 2 to 2-1/4 percent. Mem
[2018-09-26] Participants' Views on Current Conditions and the Economic Outlook In conjunction with this FOMC meeting, members of the Board of Governors and Federal Reserve Bank presidents submitted their projecti
[2018-09-26] In their discussion of the economic situation and the outlook, meeting participants agreed that information received since the FOMC met in August indicated that the labor market continued to strengthe
[2018-09-26] 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
[2018-09-26] FOMC communications elicited limited price reactions in financial markets over the intermeeting period, and market-implied measures of monetary policy expectations were little changed. The probability
[2018-09-26] It was agreed that the next meeting of the Committee would be held on Wednesday-Thursday, November 7-8, 2018. The meeting adjourned at 10:00 a.m. on September 26, 2018.
[2018-09-26] The vote also encompassed approval of the statement below to be released at 2:00 p.m.:
[2018-09-26] Regarding inflation, participants noted that on a 12-month basis, both overall inflation and inflation for items other than food and energy remained near 2 percent. Indicators of longer-term inflation
[2018-09-26] "Effective September 27, 2018, the Federal Open Market Committee directs the Desk to undertake open market operations as necessary to maintain the federal funds rate in a target range of 2 to 2-1/4 pe
[2018-09-26] At the conclusion of the discussion, the Committee voted to authorize and direct the Federal Reserve Bank of New York, until it was instructed otherwise, to execute transactions in the SOMA in accorda
[2018-09-26] Real residential investment looked to be declining further in the third quarter. Starts for new single-family homes and multifamily units were, on average, below their second-quarter rates in July and
[2018-09-26] David H. Small, Project Manager, Division of Monetary Affairs, Board of Governors
[2018-09-26] William Dupor, Assistant Vice President, Federal Reserve Bank of St. Louis
[2018-09-26] In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum emp
[2018-09-26] David Altig, Kartik B. Athreya, Thomas A. Connors, Mary C. Daly, David E. Lebow, Trevor A. Reeve, William Wascher, and Beth Anne Wilson, Associate Economists
[2018-09-26] Notation Vote By notation vote completed on August 21, 2018, the Committee unanimously approved the minutes of the Committee meeting held on July 31-August 1, 2018.
[2018-09-26] Linda Robertson, Assistant to the Board, Office of Board Members, Board of Governors
[2018-09-26] A few participants offered perspectives on the term structure of interest rates and what a potential inversion of the yield curve might signal about economic prospects in light of the historical regul
[2018-09-26] Eric C. Engstrom, Deputy Associate Director, Division of Monetary Affairs, and Adviser, Division of Research and Statistics, Board of Governors
[2018-09-26] To support the Committee's decision to raise the target range for the federal funds rate, the Board of Governors voted unanimously to raise the interest rates on required and excess reserve balances t
[2018-09-26] Jonathan P. McCarthy and Jonathan L. Willis, Vice Presidents, Federal Reserve Banks of New York and Kansas City, respectively
[2018-09-26] 3. Attended opening remarks for Tuesday session only. Return to text
[2018-09-26] James Bullard, Charles L. Evans, Esther L. George, Eric Rosengren, and Michael Strine, Alternate Members of the Federal Open Market Committee
[2018-09-26] Achilles Sangster II, Information Management Analyst, Division of Monetary Affairs, Board of Governors
[2018-09-26] James A. Clouse, Secretary Matthew M. Luecke, Deputy Secretary David W. Skidmore, Assistant Secretary Michelle A. Smith, Assistant Secretary Mark E. Van Der Weide, General Counsel Michael Held, Deputy
[2018-09-26] Industrial production expanded at a solid pace in July and August. Automakers' assembly schedules suggested that light motor vehicle production would be roughly flat in the fourth quarter, although br
[2018-09-26] Total real government purchases looked to be rising further in the third quarter. Nominal defense spending in July and August was consistent with continued increases in real federal purchases. Real ex
[2018-09-26] Participants noted that business fixed investment had grown strongly so far this year. A few commented that recent changes in federal tax policy had likely bolstered investment spending. Contacts in m
[2018-09-26] The Committee directs the Desk to continue rolling over at auction the amount of principal payments from the Federal Reserve's holdings of Treasury securities maturing during September that exceeds $2
[2018-09-26] Matthew J. Eichner,2 Director, Division of Reserve Bank Operations and Payment Systems, Board of Governors; Andreas Lehnert, Director, Division of Financial Stability, Board of Governors
[2018-09-26] Voting for the FOMC monetary policy action were: Jerome H. Powell, Chairman; John C. Williams, Vice Chairman; Thomas I. Barkin; Raphael W. Bostic; Lael Brainard; Richard H. Clarida; Esther L. George;
[2018-09-26] Jim Dolmas, Senior Research Economist, Federal Reserve Bank of Dallas
[2018-09-26] Developments in Financial Markets and Open Market Operations The manager of the System Open Market Account (SOMA) discussed U.S. and global financial developments. In global markets, strains in emergi
[2018-09-26] In their discussion of labor markets, participants generally agreed that conditions continued to strengthen. Contacts in many Districts reported tight labor markets, with difficulty finding qualified
[2018-09-26] Participants reaffirmed that adjustments to the path for the policy rate would depend on their assessments of the evolution of the economic outlook and risks to the outlook relative to the Committee's
[2018-09-26] Members viewed the recent data as consistent with an economy that was evolving about as they had expected. Consequently, members expected that further gradual increases in the target range for the fed
[2018-09-26] In reviewing Federal Reserve operations, the manager noted that market reaction to the ongoing reduction in the System's holdings of Treasury and agency securities had been muted to date. With the inc
[2018-09-26] The staff forecast for total PCE price inflation in 2018 was revised up slightly, mainly because of a faster-than-expected increase in consumer energy prices in the second half. The staff continued to
[2018-09-26] Ellen E. Meade, Edward Nelson, and Joyce K. Zickler,3 Senior Advisers, Division of Monetary Affairs, Board of Governors; Jeremy B. Rudd, Senior Adviser, Division of Research and Statistics, Board of G
[2018-09-26] Committee Policy Action In their discussion of monetary policy for the period ahead, members judged that information received since the Committee met in August indicated that the labor market had cont
[2018-09-26] On balance, financing conditions for large nonfinancial firms remained accommodative in recent months. Demand for corporate borrowing appeared to have declined, in part because of strong earnings, ris
[2018-09-26] Participants offered their views about how much additional policy firming would likely be required for the Committee to sustainably achieve its objectives of maximum employment and 2 percent inflation
[2018-09-26] Regarding domestic financial markets, the manager noted that U.S. equity markets had posted strong gains, spurred by optimism regarding the U.S. economic outlook and rising corporate earnings. Longer-
[2018-09-26] Eric M. Engen, Joshua Gallin, and Michael G. Palumbo, Senior Associate Directors, Division of Research and Statistics, Board of Governors; Christopher J. Erceg, Senior Associate Director, Division of
[2018-09-26] Global financial markets were volatile during the inter-meeting period amid significant stress in some EMEs, ongoing focus on Brexit and on fiscal policy in Italy, and continued trade tensions. On bal
[2018-09-26] In their discussion of developments in financial markets, a number of participants noted that financial conditions remained accommodative: The rise in interest rates and appreciation of the dollar ove
[2018-09-26] Joseph W. Gruber and John M. Roberts, Special Advisers to the Board, Office of Board Members, Board of Governors
[2018-09-26] In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 2 to 2-1/4 percent.
[2018-09-26] Participants commented on a number of risks and uncertainties associated with their outlook for economic activity, the labor market, and inflation over the medium term. Participants generally agreed t
[2018-09-26] Michael Dotsey and Geoffrey Tootell, Executive Vice Presidents, Federal Reserve Banks of Philadelphia and Boston, respectively
[2018-09-26] Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job
[2018-09-26] Short-term funding markets functioned smoothly over the intermeeting period. An elevated level of Treasury bills outstanding, following heavy issuance this summer, continued to put upward pressure on
[2018-09-26] On net, financing conditions in consumer credit markets were little changed in recent months and remained largely supportive of growth in household spending. However, the supply of credit to consumers
[2018-09-26] With regard to the outlook for monetary policy beyond this meeting, participants generally anticipated that further gradual increases in the target range for the federal funds rate would most likely b
[2018-09-26] Jeffrey Huther, Section Chief, Division of Monetary Affairs, Board of Governors
[2018-09-26] Total nonfarm payroll employment increased at a strong pace, on average, in July and August. The national unemployment rate decreased to 3.9 percent in July and remained at that level in August, while
[2018-09-26] Based on recent readings on spending, employment, and inflation, almost all participants saw little change in their assessment of the economic outlook, although a few of them judged that recent data p
[2018-09-26] 1. The Federal Open Market Committee is referenced as the "FOMC" and the "Committee" in these minutes. Return to text
[2018-09-26] In the commercial real estate (CRE) sector, financing conditions also remained accommodative. Although CRE loan growth at banks moderated in July and August, issuance of commercial mortgage-backed sec
[2018-09-26] Total U.S. consumer prices, as measured by the PCE price index, increased 2.3 percent over the 12 months ending in July. Core PCE price inflation, which excludes changes in consumer food and energy pr
[2018-09-26] Patrick Harker, Robert S. Kaplan, and Neel Kashkari, Presidents of the Federal Reserve Banks of Philadelphia, Dallas, and Minneapolis, respectively
[2018-09-26] The Committee also directs the Desk to engage in dollar roll and coupon swap transactions as necessary to facilitate settlement of the Federal Reserve's agency mortgage-backed securities transactions.
[2018-09-26] In their discussion of the household sector, participants generally characterized consumption growth as strong, and they judged that robust increases in disposable income, high levels of consumer conf
[2018-09-26] Building on comments expressed at previous meetings, a couple of participants indicated that it would be desirable to assess the Committee's strategic approach to the conduct of policy and to hold a p
[2018-09-26] Minutes of the Federal Open Market Committee September 25-26, 2018 A joint meeting of the Federal Open Market Committee and the Board of Governors was held in the offices of the Board of Governors of
[2018-09-26] Real PCE appeared to be rising strongly in the third quarter. Retail sales increased somewhat in August, and the data for July were revised up to show a sizable gain. However, the rate of light motor
[2018-09-26] The staff viewed the uncertainty around its projections for real GDP growth, the unemployment rate, and inflation as similar to the average of the past 20 years. The staff also saw the risks to the fo
[2018-09-26] David López-Salido, Associate Director, Division of Monetary Affairs, Board of Governors; Stacey Tevlin, Associate Director, Division of Research and Statistics, Board of Governors
[2018-09-26] Staff Review of the Economic Situation The information reviewed for the September 25-26 meeting indicated that labor market conditions continued to strengthen in recent months and that real gross dome
[2018-09-26] Edward S. Knotek II, Spencer Krane, and Mark L.J. Wright, Senior Vice Presidents, Federal Reserve Banks of Cleveland, Chicago, and Minneapolis, respectively
[2018-09-26] Jon Faust, Senior Special Adviser to the Chairman, Office of Board Members, Board of Governors
[2018-09-26] Foreign economic growth slowed in the second quarter, as a pickup in growth for the advanced foreign economies (AFEs) was more than offset by slower growth in the EMEs. Incoming indicators for the AFE
[2018-09-26] Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects that further gradual increases in the target range for the federal fu
[2018-09-26] Antulio N. Bomfim, Special Adviser to the Chairman, Office of Board Members, Board of Governors
[2018-09-26] With regard to the postmeeting statement, members agreed to remove the sentence indicating that "the stance of monetary policy remains accommodative." Members made various points regarding the removal
[2018-09-27] The Federal Reserve Board has approved actions on Thursday by the Boards of Directors of the Federal Reserve Banks of New York and Minneapolis, increasing the discount rate (the primary credit rate) a
[2018-10-17] FOMC minutes can be viewed on the Board's website at http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
[2018-10-17] The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board's Annual Re
[2018-10-17] The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 25-26, 2018. A summary of economic projections mad
[2018-10-17] Minutes of the Federal Open Market Committee September 25-26, 2018: HTML | PDF
[2018-10-23] The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings from August 27 through September 26, 2018.
[2018-11-08] The staff expected both total and core PCE price inflation to remain close to 2 percent through the medium term. The staff's forecasts for both total and core PCE price inflation were little revised o
[2018-11-08] Over the intermeeting period, global investors focused on changes in U.S. equity prices and interest rates, ongoing trade tensions between the United States and China, and uncertainty regarding budget
[2018-11-08] A number of participants commented that the attractive features of a regime of abundant excess reserves should be weighed against the potential drawbacks of such a regime as well as the potential bene
[2018-11-08] Among those who commented on financial stability, a number cited possible risks related to elevated CRE prices, narrow corporate bond spreads, or strong issuance of leveraged loans. A few participants
[2018-11-08] The Committee also directs the Desk to engage in dollar roll and coupon swap transactions as necessary to facilitate settlement of the Federal Reserve's agency mortgage-backed securities transactions.
[2018-11-08] Consistent with the Committee's decision to leave the target range for the federal funds rate unchanged, the Board of Governors voted unanimously to leave the interest rates on required and excess res
[2018-11-08] 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
[2018-11-08] Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects that further gradual increases in the target range for the federal fu
[2018-11-08] David H. Small, Project Manager, Division of Monetary Affairs, Board of Governors
[2018-11-08] Alyssa G. Anderson3 and Kurt F. Lewis, Principal Economists, Division of Monetary Affairs, Board of Governors
[2018-11-08] Update from Subcommittee on Communications Governor Clarida presented a proposal from the subcommittee on communications to conduct a review during 2019 of the Federal Reserve's strategic framework fo
[2018-11-08] The staff viewed the uncertainty around its projections for real GDP growth, the unemployment rate, and inflation as similar to the average of the past 20 years. The staff also saw the risks to the fo
[2018-11-08] Antulio N. Bomfim, Special Adviser to the Chairman, Office of Board Members, Board of Governors