yusufizzetmurat/fed-pulse-embedding-caches huggingface dataset:
[2018-05-02] Voting for the FOMC monetary policy action were Jerome H. Powell, Chairman; William C. Dudley, Vice Chairman; Thomas I. Barkin; Raphael W. Bostic; Lael Brainard; Loretta J. Mester; Randal K. Quarles;
[2018-05-02] 3. Attended through the discussion of developments in financial markets and open market operations. Return to text
[2018-05-02] 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
[2018-05-02] Minutes of the Federal Open Market Committee May 1-2, 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 the Fede
[2018-05-02] Financing conditions in the residential mortgage market remained accommodative for most borrowers in March and April. For borrowers with low credit scores, conditions continued to ease, but credit rem
[2018-05-02] With regard to the medium-term outlook for monetary policy, all participants reaffirmed that adjustments to the path for the policy rate would depend on their assessments of the evolution of the econo
[2018-05-02] 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, May 1,
[2018-05-02] James Bullard, Charles L. Evans, Esther L. George, Eric Rosengren, and Michael Strine, Alternate Members of the Federal Open Market Committee
[2018-05-02] The Committee voted unanimously to renew the reciprocal currency arrangements with the Bank of Canada and the Bank of Mexico; these arrangements are associated with the Federal Reserve's participation
[2018-05-02] 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.
[2018-05-02] 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
[2018-05-02] Richard K. Crump, Assistant Vice President, Federal Reserve Bank of New York
[2018-05-02] On net, the broad nominal dollar index appreciated moderately over the intermeeting period. In the early part of the period, the index depreciated slightly, as relatively positive news about the curre
[2018-05-02] 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
[2018-05-02] Participants generally agreed that labor market conditions strengthened further during the first quarter of the year. Nonfarm payroll employment posted strong gains, averaging 200,000 per month. The u
[2018-05-02] Stephanie R. Aaronson and Norman J. Morin, Assistant Directors, Division of Research and Statistics, Board of Governors; Robert Vigfusson, Assistant Director, Division of International Finance, Board
[2018-05-02] Real private expenditures for business equipment and intellectual property increased at a moderate pace in the first quarter after rising briskly in the second half of last year. Nominal shipments of
[2018-05-02] 4. Attended through the discussion on financial stability issues. Return to text
[2018-05-02] Dana L. Burnett and Rebecca Zarutskie, Section Chiefs, Division of Monetary Affairs, Board of Governors
[2018-05-02] Total industrial production increased in March and rose at a solid pace for the first quarter as a whole, with gains in the output of manufacturers, mines, and utilities. Automakers' schedules suggest
[2018-05-02] In commenting on the staff's assessment of financial stability, a couple of participants noted that after the bout of financial market volatility in early February, the use of investment strategies pr
[2018-05-02] Voting for this action: Jerome H. Powell, William C. Dudley, Thomas I. Barkin, Raphael W. Bostic, Lael Brainard, Loretta J. Mester, Randal K. Quarles, and John C. Williams.
[2018-05-02] Antulio N. Bomfim, Special Adviser to the Chairman, Office of Board Members, Board of Governors
[2018-05-02] The staff provided its latest report on potential risks to financial stability; the report again characterized the financial vulnerabilities of the U.S. financial system as moderate on balance. This o
[2018-05-02] Margie Shanks, Deputy Secretary, Office of the Secretary, Board of Governors
[2018-05-02] Conditions in short-term funding markets remained generally stable over the intermeeting period. Spreads on term money market instruments relative to comparable-maturity OIS rates were still larger th
[2018-05-02] Joseph W. Gruber and John M. Roberts, Special Advisers to the Board, Office of Board Members, Board of Governors
[2018-05-02] Spencer Krane, Paula Tkac, and Mark L.J. Wright, Senior Vice Presidents, Federal Reserve Banks of Chicago, Atlanta, and Minneapolis, respectively
[2018-05-02] Consumer credit growth moderated in March and the first half of April. Respondents to the April SLOOS reported that standards and terms on auto and credit card loans tightened, and that demand for the
[2018-05-02] Matthew J. Eichner,3 Director, Division of Reserve Bank Operations and Payment Systems, Board of Governors; Michael S. Gibson, Director, Division of Supervision and Regulation, Board of Governors; And
[2018-05-02] Patrick Harker, Robert S. Kaplan, and Neel Kashkari, Presidents of the Federal Reserve Banks of Philadelphia, Dallas, and Minneapolis, respectively
[2018-05-02] Stephen A. Meyer and Joyce K. Zickler, Senior Advisers, Division of Monetary Affairs, Board of Governors; Jeremy B. Rudd, Senior Adviser, Division of Research and Statistics, Board of Governors
[2018-05-10] All tenders that are complete and compliant with the operation parameters listed above will be automatically awarded in full.
[2018-05-10] Early Withdrawal The penalty for obtaining a return of funds prior to the maturity date includes the forfeiture of all interest on the term deposit plus an additional fee of 0.75000 percent at an annu
[2018-05-10] Additional information, including the steps that institutions must complete to be eligible to participate in term deposit operations are available at https://www.frbservices.org/central-bank/reserves-
[2018-05-10] 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.
[2018-05-10] Notification Participants will be able to view their awards by accessing the Term Deposit Facility application.
[2018-05-10] On May 17, 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 wit
[2018-05-10] 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
[2018-05-10] 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
[2018-05-10] 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
[2018-05-10] The Federal Reserve plans to continue its previously announced periodic testing of the Term Deposit Facility (TDF) with one operation in May. These operations are aimed at ensuring the operational rea
[2018-05-17] On May 17, 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 the
[2018-05-17] The awarded deposits will settle on May 17, 2018, and will mature on May 24, 2018. The operation effective rate will apply to all awarded deposits.
[2018-05-23] The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on May 1-2, 2018.
[2018-05-23] 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
[2018-05-23] Minutes of the Federal Open Market Committee May 1-2, 2018: HTML | PDF
[2018-05-23] FOMC minutes can be viewed on the Board's website at http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
[2018-05-25] The Chairman's quarterly news conferences will take place following the March, June, September, and December meetings.
[2018-05-25] The Federal Open Market Committee on Friday announced its tentative meeting schedule for 2019:
[2018-05-29] The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings from April 23 and May 2, 2018.
[2018-06-13] Shaghil Ahmed, Senior Associate Director, Division of International Finance, Board of Governors
[2018-06-13] 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 saw the risks to the forecas
[2018-06-13] With regard to the postmeeting statement, members favored the removal of the forward-guidance language stating that "the federal funds rate is likely to remain, for some time, below levels that are ex
[2018-06-13] Kenneth C. Montgomery, First Vice President, Federal Reserve Bank of Boston
[2018-06-13] 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 June that exceeds $18 bil
[2018-06-13] Growth of outstanding commercial and industrial loans held by banks appeared to have moderated in May after a strong reading in April. The issuance of institutional leveraged loans was strong in April
[2018-06-13] Residential investment appeared to be declining further in the second quarter after decreasing in the first quarter. Starts for new single-family homes were unchanged in April from their first-quarter
[2018-06-13] Real private expenditures for business equipment and intellectual property appeared to be rising at a moderate pace in the second quarter after a somewhat faster increase in the first quarter. Nominal
[2018-06-13] "Effective June 14, 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 1-3/4 to 2 percent
[2018-06-13] Staff Economic Outlook In the U.S. economic forecast prepared for the June FOMC meeting, the staff continued to project that the economy would expand at an above-trend pace. Real GDP appeared to be ri
[2018-06-13] Ellen E. Meade, Stephen A. Meyer, and Robert J. Tetlow, Senior Advisers, Division of Monetary Affairs, Board of Governors
[2018-06-13] Participants pointed to various reasons for raising short-term interest rates gradually, including the uncertainty surrounding the level of the federal funds rate in the longer run, the lags with whic
[2018-06-13] 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 1-3/4 to 2 percent. The
[2018-06-13] Participants reported that business fixed investment had continued to expand at a strong pace in recent months, supported in part by substantial investment growth in the energy sector. Higher oil pric
[2018-06-13] With regard to the medium-term outlook for monetary policy, participants generally judged that, with the economy already very strong and inflation expected to run at 2 percent on a sustained basis ove
[2018-06-13] By unanimous vote, the Committee ratified the Open Market Desk's domestic transactions over the intermeeting period. There were no intervention operations in foreign currencies for the System's accoun
[2018-06-13] Developments in Financial Markets and Open Market Operations The manager of the System Open Market Account (SOMA) provided a summary of developments in domestic and global financial markets over the i
[2018-06-13] Participants agreed that labor market conditions strengthened further over the intermeeting period. Nonfarm payroll employment posted strong gains in recent months, averaging more than 200,000 per mon
[2018-06-13] Net exports made a negligible contribution to real GDP growth in the first quarter, with growth of both real exports and real imports slowing from the brisk pace of the fourth quarter of last year. Af
[2018-06-13] Ann E. Misback, Secretary, Office of the Secretary, Board of Governors
[2018-06-13] 4. 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, Minne
[2018-06-13] Voting for the FOMC monetary policy action were Jerome H. Powell, Chairman; William C. Dudley, Vice Chairman; Thomas I. Barkin; Raphael W. Bostic; Lael Brainard; Loretta J. Mester; Randal K. Quarles;
[2018-06-13] 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
[2018-06-13] Participants supported a plan to implement a technical adjustment to the IOER rate that would place it at a level 5 basis points below the top of the FOMC's target range for the federal funds rate. A
[2018-06-13] The vote also encompassed approval of the statement below to be released at 2:00 p.m.:
[2018-06-13] Over the intermeeting period, macroeconomic data releases signaling moderating growth in some foreign economies, along with downside risks stemming from political developments in Italy and several EME
[2018-06-13] 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.
[2018-06-13] In their discussion of the economic situation and the outlook, meeting participants agreed that information received since the FOMC met in May indicated that the labor market had continued to strength
[2018-06-13] The deputy manager followed with a discussion of money markets and open market operations. Rates on Treasury repurchase agreements (repo) had remained elevated in recent weeks, apparently responding,
[2018-06-13] Martin Bodenstein and Marcel A. Priebsch, Principal Economists, Division of Monetary Affairs, Board of Governors; Logan T. Lewis, Principal Economist, Division of International Finance, Board of Gover
[2018-06-13] Staff Review of the Financial Situation During the intermeeting period, global financial markets were buffeted by increased concerns about the outlook for foreign growth and political developments in
[2018-06-13] Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gain
[2018-06-13] Contacts in several Districts reported difficulties finding qualified workers, and, in some cases, firms were coping with labor shortages by increasing salaries and benefits in order to attract or ret
[2018-06-13] 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
[2018-06-13] Total nonfarm payroll employment expanded at a strong pace, on average, in April and May. The national unemployment rate edged down in both months and was 3.8 percent in May. The unemployment rates fo
[2018-06-13] In their consideration of monetary policy at this meeting, participants generally agreed that the economic expansion was progressing roughly as anticipated, with real economic activity expanding at a
[2018-06-13] Election of Committee Vice Chairman By unanimous vote, the Committee selected John C. Williams to serve as Vice Chairman, effective on June 18, 2018, until the selection of a successor at the Committe
[2018-06-13] Total industrial production increased at a solid pace in April, but the available indicators for May, particularly production worker hours in manufacturing, indicated that output declined in that mont
[2018-06-13] 3. Attended through the discussion of developments in financial markets and open market operations. Return to text
[2018-06-13] Burcu Duygan-Bump, Norman J. Morin, John Sabelhaus, and Paul A. Smith, Assistant Directors, Division of Research and Statistics, Board of Governors; Christopher J. Gust, Assistant Director, Division o
[2018-06-13] Over the intermeeting period, short-term funding markets stayed generally stable despite still-elevated spreads between rates on some private money market instruments and OIS rates of similar maturity
[2018-06-13] Willem Van Zandweghe, Assistant Vice President, Federal Reserve Bank of Kansas City
[2018-06-13] Financing conditions in consumer credit markets were little changed in the first few months of 2018, on balance, and remained largely supportive of growth in household spending. Growth in consumer cre
[2018-06-13] Joseph W. Gruber and John M. Roberts, Special Advisers to the Board, Office of Board Members, Board of Governors
[2018-06-13] Rochelle M. Edge, Deputy Director, Division of Monetary Affairs, Board of Governors; Michael T. Kiley, Deputy Director, Division of Financial Stability, Board of Governors
[2018-06-13] Linda Robertson, Assistant to the Board, Office of Board Members, Board of Governors
[2018-06-13] Residential mortgage financing conditions remained accommodative for most borrowers. For borrowers with low credit scores, conditions stayed tight but continued to ease. Growth in home-purchase mortga
[2018-06-13] Longer-term nominal Treasury yields ended the period largely unchanged despite notable movements during the intermeeting period. Measures of inflation compensation derived from Treasury Inflation-Prot
[2018-06-13] Participants viewed recent readings on spending, employment, and inflation as suggesting little change, on balance, in their assessments of the economic outlook. Incoming data suggested that GDP growt
[2018-06-13] The dollar appreciated notably against several EME currencies (primarily those of Argentina, Turkey, Mexico, and Brazil), as the increase in U.S. interest rates since late 2017, along with political d
[2018-06-13] Consumer spending appeared to be increasing briskly in the second quarter after rising at only a modest pace in the first quarter. Real PCE increased at a robust pace in April after a strong gain in M
[2018-06-13] Nicolas Petrosky-Nadeau, Senior Research Advisor, Federal Reserve Bank of San Francisco
[2018-06-13] Roc Armenter, Vice President, Federal Reserve Bank of Philadelphia
[2018-06-13] The staff forecast for total PCE price inflation from 2018 to 2020 was not revised materially. Total consumer price inflation over the first half of 2018 appeared to be a little lower than in the prev
[2018-06-13] Antulio N. Bomfim, Special Adviser to the Chairman, Office of Board Members, Board of Governors
[2018-06-13] Marc Giannoni, Paolo A. Pesenti, and Mark L.J. Wright, Senior Vice Presidents, Federal Reserve Banks of Dallas, New York, and Minneapolis, respectively
[2018-06-13] John Ammer,2 Senior Economic Project Manager, Division of International Finance, Board of Governors
[2018-06-13] Members agreed that the timing and size of future adjustments to the target range for the federal funds rate would depend upon their assessment of realized and expected economic conditions relative to
[2018-06-13] Notation Vote By notation vote completed on May 22, 2018, the Committee unanimously approved the minutes of the Committee meeting held on May 1-2, 2018.
[2018-06-13] Members viewed the recent data as consistent with a strong economy that was evolving about as they had expected. They judged that continuing along a path of gradual policy firming would balance the ri
[2018-06-13] It was agreed that the next meeting of the Committee would be held on Tuesday-Wednesday, July 31-August 1, 2018. The meeting adjourned at 10:00 a.m. on June 13, 2018.
[2018-06-13] Marcelo Ochoa, Senior Economist, Division of Monetary Affairs, Board of Governors
[2018-06-13] Jeff Fuhrer, Daniel G. Sullivan, and Christopher J. Waller, Executive Vice Presidents, Federal Reserve Banks of Boston, Chicago, and St. Louis, respectively
[2018-06-13] 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
[2018-06-13] James Bullard, Charles L. Evans, Esther L. George, Eric Rosengren, and Michael Strine,2 Alternate Members of the Federal Open Market Committee
[2018-06-13] Financing conditions for commercial real estate (CRE) remained accommodative. Even so, the growth of CRE loans held by banks ticked down in April and May. Commercial mortgage-backed securities (CMBS)
[2018-06-13] 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, June 12
[2018-06-13] 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 1-3/4 to 2 percent. The stance of monetary policy
[2018-06-13] Meeting participants also discussed the term structure of interest rates and what a flattening of the yield curve might signal about economic activity going forward. Participants pointed to a number o
[2018-06-13] 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
[2018-06-13] Voting for this action: Jerome H. Powell, William C. Dudley, Thomas I. Barkin, Raphael W. Bostic, Lael Brainard, Loretta J. Mester, Randal K. Quarles, and John C. Williams.
[2018-06-13] Achilles Sangster II, Information Management Analyst, Division of Monetary Affairs, Board of Governors
[2018-06-13] Matthew J. Eichner,3 Director, Division of Reserve Bank Operations and Payment Systems, Board of Governors; Michael S. Gibson, Director, Division of Supervision and Regulation, Board of Governors; And
[2018-06-13] Jerome H. Powell, Chairman William C. Dudley, Vice Chairman Thomas I. Barkin Raphael W. Bostic Lael Brainard Loretta J. Mester Randal K. Quarles John C. Williams
[2018-06-13] FOMC communications over the intermeeting period--including the May FOMC statement and the May FOMC meeting minutes--elicited only minor reactions in asset markets. Quotes on federal funds futures con
[2018-06-13] Dan Li, Section Chief, Division of Monetary Affairs, Board of Governors
[2018-06-13] 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
[2018-06-13] Participants offered their views about how much additional policy firming would likely be required to sustainably achieve the Committee's objectives of maximum employment and 2 percent inflation. Many
[2018-06-13] David Altig, Kartik B. Athreya, Thomas A. Connors, David E. Lebow, Trevor A. Reeve, Ellis W. Tallman, William Wascher,2 and Beth Anne Wilson, Associate Economists
[2018-06-13] Minutes of the Federal Open Market Committee June 12-13, 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 the F
[2018-06-13] Committee Policy Action In their discussion of monetary policy for the period ahead, members judged that information received since the FOMC met in May indicated that the labor market had continued to