yusufizzetmurat/fed-pulse-embedding-caches huggingface dataset:
[2016-03-16] The credit quality of speculative-grade nonfinancial corporations continued to show signs of deterioration. Market analysts' earnings forecasts for speculative-grade companies, including those outside
[2016-03-16] Recent information on housing activity was consistent with a continued gradual recovery in this sector. Starts for new single-family homes moved higher, on balance, in January and February, and buildi
[2016-03-16] Participants discussed the implications of the global economic and financial developments of the past few months for the medium-term outlook, and they offered different characterizations of the risks
[2016-03-16] In discussing domestic business conditions, several participants noted that their contacts saw rising sales in the retail sector and that reports from firms in the services sector were mostly strong.
[2016-03-16] Consistent with the Committee's decision to leave the target range for the federal funds rate unchanged, the Board of Governors took no action to change the interest rates on reserves or discount rate
[2016-03-16] Randall A. Williams, Information Manager, Division of Monetary Affairs, Board of Governors
[2016-03-16] Andrew Figura, Ann McKeehan, David Reifschneider, and Stacey Tevlin,2 Special Advisers to the Board, Office of Board Members, Board of Governors
[2016-03-16] Jane E. Ihrig and David López-Salido, Associate Directors, Division of Monetary Affairs, Board of Governors
[2016-04-06] FOMC minutes can be viewed on the Board's website at https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm.
[2016-04-06] 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
[2016-04-06] Minutes of the Federal Open Market Committee March 15-16, 2016: HTML | PDF
[2016-04-06] The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on March 15-16, 2016.
[2016-04-12] The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings for February 8 and March 14, 2016.
[2016-04-27] U.S. and global financial conditions improved significantly over the intermeeting period, marked by a rise in equity indexes, more positive risk sentiment, and a decline in financial market volatility
[2016-04-27] Recent indicators suggested that foreign real GDP growth had picked up in the first quarter after a lackluster performance last year. Economic growth in Canada appeared to have rebounded from a very w
[2016-04-27] Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed. Growt
[2016-04-27] The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of ro
[2016-04-27] Bora Durdu,2 Section Chief, Office of Financial Stability Policy and Research, Board of Governors
[2016-04-27] Minutes of the Federal Open Market Committee April 26-27, 2016 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
[2016-04-27] Brian F. Madigan, Secretary Matthew M. Luecke, Deputy Secretary David W. Skidmore, Assistant Secretary Michelle A. Smith, Assistant Secretary Scott G. Alvarez, General Counsel Thomas C. Baxter, Deputy
[2016-04-27] Financing conditions for U.S. nonfinancial businesses remained generally accommodative for investment-grade issuers, and those for speculative-grade firms improved somewhat after showing strains earli
[2016-04-27] Business fixed investment declined in the fourth quarter of 2015 and appeared to have dropped further in early 2016. As noted by a number of participants, the weakness in capital spending in recent qu
[2016-04-27] It was agreed that the next meeting of the Committee would be held on Tuesday-Wednesday, June 14-15, 2016. The meeting adjourned at 10:05 a.m. on April 27, 2016.
[2016-04-27] Growth in real personal consumption expenditures (PCE) appeared to have slowed in the first quarter. Real PCE rose moderately in February after being flat in January. The components of the nominal ret
[2016-04-27] Total nonfarm payroll employment expanded at a solid pace in March, and labor market conditions generally continued to strengthen. Although the unemployment rate edged up to 5.0 percent, both the labo
[2016-04-27] 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, April 2
[2016-04-27] Participants summarized survey readings and anecdotal reports on business conditions that were, on balance, mixed. According to several District surveys, activity in services industries continued to e
[2016-04-27] The U.S. international trade deficit widened in February, as imports rose more than exports; however, preliminary data on trade in goods suggested that the deficit narrowed substantially in March, wit
[2016-04-27] William B. English, Senior Special Adviser to the Board, Office of Board Members, Board of Governors
[2016-04-27] In the housing sector, indicators of sales and starts of new single-family homes were up, on balance, from their fourth-quarter levels. Activity in the multifamily sector appeared to have slowed durin
[2016-04-27] The staff viewed the uncertainty around its April projections for real GDP growth, the unemployment rate, and inflation as similar to the average of the past 20 years. The risks to the forecast for re
[2016-04-27] Jeffrey M. Lacker, Dennis P. Lockhart, and John C. Williams, Presidents of the Federal Reserve Banks of Richmond, Atlanta, and San Francisco, respectively
[2016-04-27] Jim Dolmas, Senior Research Economist, Federal Reserve Bank of Dallas
[2016-04-27] Ms. George dissented because she believed that a 25 basis point increase in the target range for the federal funds rate was appropriate at this meeting. Potential downside risks to the economic outloo
[2016-04-27] Some participants saw limited costs to maintaining a patient posture at this meeting but noted the risks--including potential risks to financial stability--of waiting too long to resume the process of
[2016-04-27] The staff's forecast for inflation was little changed from the previous projection. The staff continued to project that inflation would increase over the next several years, as energy prices and the p
[2016-04-27] 1. The Federal Open Market Committee is referenced as the "FOMC" and the "Committee" in these minutes. Return to text
[2016-04-27] "Effective April 28, 2016, 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 1/4 to 1/2 percen
[2016-04-27] 2. Attended the discussion of the relationship between monetary policy and financial stability. Return to text
[2016-04-27] Financing conditions in consumer credit markets were little changed and remained largely accommodative in the first quarter, with student and auto loans continuing to be broadly available. Credit card
[2016-04-27] 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 objectives
[2016-04-27] Recent information on housing activity was broadly consistent with a continued slow recovery in this sector. Starts and building permits for new single-family homes declined in March, but both measure
[2016-04-27] Several participants pointed out that U.S. firms and financial markets had come through the period of elevated financial market volatility earlier in the year looking relatively resilient. However, se
[2016-04-27] Tobias Adrian,2 Michael Dotsey, and Samuel Schulhofer-Wohl, Senior Vice Presidents, Federal Reserve Banks of New York, Philadelphia, and Minneapolis, respectively
[2016-04-27] Although the incoming data suggested that aggregate spending in the first quarter had been weaker than expected, participants continued to anticipate that economic activity would expand at a moderate
[2016-04-27] Participants agreed that their ongoing assessments of the data and other incoming information, as well as the implications for the outlook, would determine the timing and pace of future adjustments to
[2016-04-27] 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
[2016-04-27] Mark Carey,2 Associate Director, Division of International Finance, Board of Governors; Joshua Gallin, Associate Director, Division of Research and Statistics, Board of Governors
[2016-04-27] Eric M. Engen, Senior Associate Director, Division of Research and Statistics, Board of Governors; Fabio M. Natalucci, Senior Associate Director, Division of Monetary Affairs, Board of Governors
[2016-04-27] Glenn Follette and John M. Roberts, Assistant Directors, Division of Research and Statistics, Board of Governors; Christopher J. Gust, Assistant Director, Division of Monetary Affairs, Board of Govern
[2016-04-27] Growth of residential real estate (RRE) loans on banks' books continued to be low through the first quarter, and credit conditions stayed tight for mortgage borrowers with low credit scores, hard-to-d
[2016-04-27] While the recent data suggested markedly slower growth in consumer spending in the first quarter than seen in 2015, most participants expected to see a pickup in the growth rate of consumer spending i
[2016-04-27] Staff Economic Outlook In the U.S. economic forecast prepared by the staff for the April FOMC meeting, real GDP growth in the first quarter of this year was estimated to have been much slower than in
[2016-04-27] Trevor A. Reeve, Special Adviser to the Chair, Office of Board Members, Board of Governors
[2016-04-27] The vote also encompassed approval of the statement below to be released at 2:00 p.m.:
[2016-04-27] Staff Review of the Financial Situation Financial market conditions improved further, on balance, over the intermeeting period, with investors appearing to respond to Federal Reserve communications th
[2016-04-27] 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
[2016-04-27] David Altig, Kartik B. Athreya, Jeff Fuhrer,2 and Glenn D. Rudebusch, Executive Vice Presidents, Federal Reserve Banks of Atlanta, Richmond, Boston, and San Francisco, respectively
[2016-04-27] Jae Sim,2 Principal Economist, Division of Research and Statistics, Board of Governors
[2016-04-27] Participants indicated that their assessments of the medium-term economic outlook had not changed materially since March and discussed a number of factors suggesting that the apparent softness in spen
[2016-04-27] The Relationship between Monetary Policy and Financial Stability The staff presented several briefings on a special topic, the relationship between monetary policy and financial stability. The present
[2016-04-27] PRESENT: Janet L. Yellen, Chair William C. Dudley, Vice Chairman Lael Brainard James Bullard Stanley Fischer Esther L. George Loretta J. Mester Jerome H. Powell Eric Rosengren Daniel K. Tarullo
[2016-04-27] The Committee directs the Desk to continue rolling over maturing Treasury securities at auction and to continue reinvesting principal payments on all agency debt and agency mortgage-backed securities
[2016-04-27] Thomas A. Connors, Troy Davig, Michael P. Leahy, David E. Lebow, Stephen A. Meyer, Geoffrey Tootell, and William Wascher, Associate Economists
[2016-04-27] Participants generally agreed that the risks to the economic outlook posed by global economic and financial developments had receded over the intermeeting period. The public appeared to have interpret
[2016-04-27] Committee Policy Action In their discussion of monetary policy for the period ahead, members judged that information received since the FOMC met in March indicated that labor market conditions had imp
[2016-04-27] The incoming information on inflation over the intermeeting period showed that the earlier declines in energy prices and falling prices of non-energy imports were still contributing importantly to low
[2016-04-27] Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee currently expects that, with gradual adjustments in the stance of monetary po
[2016-04-27] Over the intermeeting period, broad U.S. equity price indexes moved up, on net, likely because of investors' views that monetary policy would be more accommodative than previously expected along with
[2016-04-27] Voting for the FOMC monetary policy action were: Janet L. Yellen, Chair; William C. Dudley, Vice Chairman; Lael Brainard; James Bullard; Stanley Fischer; Loretta J. Mester; Jerome H. Powell; Eric Rose
[2016-04-27] Total U.S. consumer prices, as measured by the PCE price index, increased 1 percent over the 12 months ending in February, partly restrained by declines in consumer energy prices. Core PCE price infla
[2016-04-27] Members again agreed that, in determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee would assess realized and expected economic conditions
[2016-04-27] Consistent with the flatter path for the federal funds rate implied by market quotes, yields on nominal Treasury securities with maturities up to 10 years declined slightly over the period since the M
[2016-04-27] Charles L. Evans, Patrick Harker, Robert S. Kaplan, Neel Kashkari, and Michael Strine, Alternate Members of the Federal Open Market Committee
[2016-04-27] Linda Robertson, Assistant to the Board, Office of Board Members, Board of Governors
[2016-04-27] Nellie Liang, Director, Office of Financial Stability Policy and Research, Board of Governors
[2016-04-27] Over the past five years, employment and hours worked rose relatively strongly while the pace of the expansion in output was moderate, resulting in measured productivity growth of slightly less than 1
[2016-04-27] Kelly J. Dubbert, First Vice President, Federal Reserve Bank of Kansas City
[2016-04-27] 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
[2016-04-27] Joseph G. Haubrich, Anna Paulson, and David C. Wheelock, Vice Presidents, Federal Reserve Banks of Cleveland, Chicago, and St. Louis, respectively
[2016-04-27] Consistent with the Committee's decision to leave the target range for the federal funds rate unchanged, the Board of Governors took no action to change the interest rates on reserves or discount rate
[2016-04-27] The Committee also decided to maintain its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities
[2016-04-27] Participants' Views on Current Conditions and the Economic Outlook In their discussion of the economic situation and the outlook, meeting participants agreed that the information received over the int
[2016-04-27] Dana L. Burnett, Section Chief, Division of Monetary Affairs, Board of Governors
[2016-04-27] Notation Vote By notation vote completed on April 5, 2016, the Committee unanimously approved the minutes of the Committee meeting held on March 15-­16, 2016.
[2016-04-27] Burcu Duygan-Bump, Adviser, Division of Monetary Affairs, Board of Governors
[2016-04-27] Nina Boyarchenko,2 Financial Economist, Federal Reserve Bank of New York
[2016-04-27] In their comments on the briefings and in their discussion of the relationship between monetary policy and financial stability, FOMC participants noted that more stringent regulatory and supervisory p
[2016-04-27] Total real government purchases seemed to have risen modestly in the first quarter. Federal government spending for defense appeared to have declined. However, the payrolls of state and local governme
[2016-04-27] Labor market conditions strengthened further in recent months. Increases in nonfarm payroll employment averaged almost 210,000 per month over the first three months of 2016. Although the unemployment
[2016-04-27] A significant number of SLOOS respondents reported tightening their lending standards on all major categories of commercial real estate (CRE) loans during the first quarter. However, demand for CRE lo
[2016-04-27] In its latest report on potential risks to the stability of the U.S. financial system, the staff continued to judge that vulnerabilities were moderate overall. In particular, leverage and maturity tra
[2016-04-27] Real private expenditures for business equipment and intellectual property appeared to decline further in the first quarter. Nominal shipments of nondefense capital goods excluding aircraft decreased,
[2016-04-27] Voting for this action: Janet L. Yellen, William C. Dudley, Lael Brainard, James Bullard, Stanley Fischer, Loretta J. Mester, Jerome H. Powell, Eric Rosengren, and Daniel K. Tarullo.
[2016-04-27] A few participants judged it appropriate to increase the target range for the federal funds rate at this meeting, citing their assessments that downside risks associated with global economic and finan
[2016-04-27] Total industrial production declined in February and March. Manufacturing output decreased, partly reflecting the effects on export demand of earlier appreciation of the foreign exchange value of the
[2016-04-27] Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent. The stance of monetary policy remains accommodative, thereby supporting furt
[2016-04-27] Staff Review of the Economic Situation The information reviewed for the April 26-27 FOMC meeting indicated that labor market conditions improved further in the first quarter even though growth in real
[2016-04-27] Andrea Ajello, Senior Economist, Division of Monetary Affairs, Board of Governors
[2016-04-27] Andrew Figura, Ann McKeehan, David Reifschneider, and Stacey Tevlin, Special Advisers to the Board, Office of Board Members, Board of Governors
[2016-04-27] James A. Clouse, Deputy Director, Division of Monetary Affairs, Board of Governors
[2016-04-27] Shaghil Ahmed, Deputy Associate Director, Division of International Finance, Board of Governors
[2016-04-27] With respect to the economic outlook and its implications for monetary policy, members continued to expect that, with gradual adjustments in the stance of monetary policy, economic activity would expa
[2016-04-27] Since the March FOMC meeting, foreign financial market conditions eased, on net, and overall risk sentiment appeared to have improved. A number of factors likely contributed to the improvement, includ
[2016-04-27] Federal Reserve communications following the March FOMC meeting were interpreted by market participants as more accommodative than expected. In particular, investors were attentive to the larger-than-
[2016-04-27] Against the backdrop of its discussion of current conditions, the economic outlook, and the risks and uncertainties surrounding the outlook, the Committee decided to maintain the target range for the
[2016-04-27] Antulio N. Bomfim, Egon Zakrajšek,2 and Joyce K. Zickler, Senior Advisers, Division of Monetary Affairs, Board of Governors; Jeremy B. Rudd, Senior Adviser, Division of Research and Statistics, Board
[2016-04-27] Rochelle M. Edge, Deputy Associate Director, Office of Financial Stability Policy and Research, Board of Governors
[2016-04-27] Richard K. Crump2 and Marco Del Negro, Assistant Vice Presidents, Federal Reserve Bank of New York
[2016-04-27] Still, with 12-month PCE inflation continuing to run below the Committee's 2 percent objective, a number of participants judged that it would be appropriate to proceed cautiously in removing policy ac
[2016-04-27] Robert deV. Frierson, Secretary of the Board, Office of the Secretary, Board of Governors
[2016-04-27] Participants discussed whether their current assessments of economic conditions and the medium-term outlook warranted increasing the target range for the federal funds rate at this meeting. Participan
[2016-04-27] Developments in Financial Markets and Open Market Operations The manager of the System Open Market Account (SOMA) reported on developments in domestic and foreign financial markets, including changes
[2016-04-27] Penelope A. Beattie,3 Assistant to the Secretary, Office of the Secretary, Board of Governors
[2016-04-27] Michael S. Gibson, Director, Division of Banking Supervision and Regulation, Board of Governors
[2016-05-12] Notification Participants will be able to view their awards by accessing the Term Deposit Facility application.
[2016-05-12] The operation will be conducted as specified in this announcement, Regulation D, and the terms and conditions of the Term Deposit Facility (http://www.frbservices.org/centralbank/term_deposit_facility
[2016-05-12] 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.
[2016-05-12] Additional information, including the steps that institutions must complete to be eligible to participate in term deposit operations are available at http://www.frbservices.org/centralbank/term_deposi
[2016-05-12] 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
[2016-05-12] Submission of Tender Participants must submit tenders by accessing the Term Deposit Facility application (https://www.federalreserve.org/arrow/ARROWWeb/home.do) between the opening time and the closin
[2016-05-12] On May 19, 2016, 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
[2016-05-12] All tenders that are complete and compliant with the operation parameters listed above will be automatically awarded in full.
[2016-05-12] See the TDF Resource Center for additional details regarding this feature and the terms and conditions for early withdrawal (www.frbservices.org/centralbank/term_deposit_facility.html).
[2016-05-12] 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
[2016-05-18] Minutes of the Federal Open Market Committee April 26-27, 2016: HTML | PDF
[2016-05-18] FOMC minutes can be viewed on the Board’s website at http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm.
[2016-05-18] 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
[2016-05-18] The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on April 26-27, 2016.
[2016-05-19] On May 19, 2016, 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
[2016-05-19] The awarded deposits will settle on May 19, 2016, and will mature on May 26, 2016. The operation effective rate will apply to all awarded deposits.
[2016-05-24] The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from March 28 through April 25, 2016.
[2016-06-15] James A. Clouse, Deputy Director, Division of Monetary Affairs, Board of Governors; Andreas Lehnert, Deputy Director, Division of Financial Stability, Board of Governors