yusufizzetmurat/fed-pulse-embedding-caches huggingface dataset:
[2015-03-18] In their discussion of the economic situation and the outlook, meeting participants regarded the information received over the intermeeting period as indicating that the pace of economic activity had
[2015-03-18] Voting for the FOMC monetary policy action were: Janet L. Yellen, Chair; William C. Dudley, Vice Chairman; Lael Brainard; Charles L. Evans; Stanley Fischer; Jeffrey M. Lacker; Dennis P. Lockhart; Jero
[2015-03-18] Narayana Kocherlakota, President of the Federal Reserve Bank of Minneapolis
[2015-03-18] Financing for the commercial real estate (CRE) sector stayed broadly available over the intermeeting period. Growth of CRE loans on banks' books remained solid, in part supported by loans to finance c
[2015-03-18] The Committee agreed to maintain the target range for the federal funds rate at 0 to 1/4 percent and to reaffirm in the statement that the Committee's decision about how long to maintain the current t
[2015-03-18] Industrial production decreased a little, on net, in January and February, as declines in the output of the manufacturing and mining sectors more than offset an increase in utilities production. Some
[2015-03-18] At the conclusion of their discussion, all participants agreed to augment the Committee's Policy Normalization Principles and Plans by providing the following additional details regarding the operatio
[2015-03-18] In their discussion of the options and strategies surrounding the use of tools at liftoff and the potential subsequent reduction in aggregate ON RRP capacity, participants emphasized that during the e
[2015-03-18] Many participants judged that the inflation data received over the intermeeting period had been about in line with their expectations that inflation would move temporarily further below the Committee'
[2015-03-18] Linda Robertson, Assistant to the Board, Office of Board Members, Board of Governors
[2015-03-18] Nonfarm payroll employment continued to expand strongly in January and February. The unemployment rate declined to 5.5 percent in February. Both the labor force participation rate and the employment-t
[2015-04-08] FOMC minutes can be viewed on the Board's website at http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
[2015-04-08] 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
[2015-04-08] Minutes of the Federal Open Market Committee March 17-18, 2015: HTML | PDF
[2015-04-08] The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on March 17-18, 2015. A summary of economic projections made by
[2015-04-14] The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from February 9 through March 16, 2015.
[2015-04-29] Linda Robertson, Assistant to the Board, Office of Board Members, Board of Governors
[2015-04-29] Over the intermeeting period, 5- and 10-year nominal Treasury yields decreased, but yields on Treasury Inflation-Protected Securities declined by a greater amount. Measures of inflation compensation o
[2015-04-29] 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
[2015-04-29] "Consistent with its statutory mandate, the Federal Open Market Committee seeks monetary and financial conditions that will foster maximum employment and price stability. In particular, the Committee
[2015-04-29] Voting for the FOMC monetary policy action were: Janet L. Yellen, Chair; William C. Dudley, Vice Chairman; Lael Brainard; Charles L. Evans; Stanley Fischer; Jeffrey M. Lacker; Dennis P. Lockhart; Jero
[2015-04-29] Edward Nelson, Assistant Director, Division of Monetary Affairs, Board of Governors
[2015-04-29] The Board meeting concluded at the end of the discussion of normalization procedures.
[2015-04-29] 2. Attended the portion of the meeting following the joint session of the Federal Open Market Committee and the Board of Governors. Return to text
[2015-04-29] On balance, U.S. equity price indexes rose somewhat and option-implied volatility for the S&P 500 index over the next month declined. Energy firms' stock prices retraced a small portion of their subst
[2015-04-29] Troy Davig, Michael Dotsey, Evan F. Koenig, and Spencer Krane, Senior Vice Presidents, Federal Reserve Banks of Kansas City, Philadelphia, Dallas, and Chicago, respectively
[2015-04-29] Andrew Figura, David Reifschneider, and Stacey Tevlin, Special Advisers to the Board, Office of Board Members, Board of Governors
[2015-04-29] When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2 percent. The Committe
[2015-04-29] Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. Although growth in output and employment slowed during the first quarter, the Committee con
[2015-04-29] In their discussion of the foreign economic outlook, several participants noted that the foreign exchange value of the U.S. dollar had fallen back somewhat over the intermeeting period. Nonetheless, t
[2015-04-29] Dana L. Burnett, Section Chief, Division of Monetary Affairs, Board of Governors
[2015-04-29] Minutes of the Federal Open Market Committee April 28-29, 2015 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washing
[2015-04-29] Andreas L. Hornstein, Senior Advisor, Federal Reserve Bank of Richmond
[2015-04-29] 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
[2015-04-29] Burcu Duygan-Bump, Adviser, Division of Monetary Affairs, Board of Governors; Eric C. Engstrom, Adviser, Division of Research and Statistics, Board of Governors
[2015-04-29] Kei-Mu Yi, Special Policy Advisor to the President, Federal Reserve Bank of Minneapolis
[2015-04-29] Staff Review of the Financial Situation Financial conditions eased, on balance, over the intermeeting period. Federal Reserve communications that were reportedly viewed as more accommodative than anti
[2015-04-29] The Committee voted 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 in the Nort
[2015-04-29] During their discussion of economic conditions and monetary policy, participants also commented on different concepts of the equilibrium real federal funds rate--that is, a reference value of the infl
[2015-04-29] David Altig, Thomas A. Connors, Eric M. Engen, Michael P. Leahy, and William Wascher, Associate Economists
[2015-04-29] The staff's forecast for inflation in the near term was revised up a little, reflecting the slightly higher-than-expected recent monthly data on core consumer prices and a path for crude oil prices th
[2015-04-29] Payroll employment expanded at a solid pace in the first quarter, on average, but the gain in March was smaller than in earlier months. The unemployment rate remained at 5.5 percent in March, the labo
[2015-04-29] Participants discussed whether the weakness of spending in the first quarter primarily reflected temporary factors or instead suggested a longer-lasting loss of momentum for the economy. A number of r
[2015-04-29] Todd E. Clark, Sylvain Leduc, Giovanni Olivei, Douglas Tillett, and David C. Wheelock, Vice Presidents, Federal Reserve Banks of Cleveland, San Francisco, Boston, Chicago, and St. Louis, respectively
[2015-04-29] In their discussion of financial market developments and financial stability issues, policymakers highlighted possible risks related to the low level of term premiums. Some participants noted the poss
[2015-04-29] James J. McAndrews, Executive Vice President, Federal Reserve Bank of New York
[2015-04-29] Measures of residential mortgage lending conditions were generally little changed over the intermeeting period, and lending volumes remained light. In the April SLOOS, some large banks reported having
[2015-04-29] To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate remains a
[2015-04-29] James M. Egelhof,1 Markets Officer, Federal Reserve Bank of New York
[2015-04-29] Financing conditions for nonfinancial firms remained accommodative. Corporate bond issuance was strong in the first quarter, and seasoned equity offerings rose. Commercial and industrial loans on bank
[2015-04-29] Michael S. Gibson, Director, Division of Banking Supervision and Regulation, Board of Governors
[2015-04-29] Real personal consumption expenditures (PCE) increased in the first quarter, albeit at a much slower pace than in the fourth quarter of 2014. Light motor vehicle sales, as well as the components of no
[2015-04-29] Narayana Kocherlakota, President of the Federal Reserve Bank of Minneapolis
[2015-04-29] Financing for commercial real estate (CRE) remained broadly available. CRE loans on banks' books increased appreciably in the first quarter, consistent with stronger loan demand reported in the April
[2015-04-29] 1. Attended the joint session of the Federal Open Market Committee and the Board of Governors. Return to text
[2015-04-29] "Information received since the Federal Open Market Committee met in March suggests that economic growth slowed during the winter months, in part reflecting transitory factors. The pace of job gains m
[2015-04-29] Participants' Views on Current Conditions and the Economic Outlook In their discussion of the economic situation and the outlook, meeting participants regarded the information received over the interm
[2015-04-29] Many participants judged that the pace of improvement in labor market conditions had slowed. The March increase in payrolls had been smaller than expected, and the unemployment rate had remained stead
[2015-04-29] Penelope A. Beattie,1 Assistant to the Secretary, Office of the Secretary, Board of Governors
[2015-04-29] In their discussion of communications regarding the path of the federal funds rate over the medium term, participants expressed a range of views about when economic conditions were likely to warrant a
[2015-04-29] Various reasons were also advanced for believing that some of the recent weakness in the pace of economic activity might persist. A number of participants suggested that the damping effects of the ear
[2015-04-29] A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, April 28, 2015, at 1:00 p.m. and continu
[2015-04-29] Jonathan E. Goldberg, Economist, Division of Monetary Affairs, Board of Governors
[2015-04-29] PRESENT: Janet L. Yellen, Chair William C. Dudley, Vice Chairman Lael Brainard Charles L. Evans Stanley Fischer Jeffrey M. Lacker Dennis P. Lockhart Jerome H. Powell Daniel K. Tarullo John C. Williams
[2015-04-29] Residential investment increased at a slow pace in the first quarter, and other indicators of housing-sector activity remained weak. Starts and building permits for single-family homes decreased durin
[2015-04-29] Jane E. Ihrig1 and David López-Salido, Deputy Associate Directors, Division of Monetary Affairs, Board of Governors
[2015-04-29] Participants generally agreed that data on private spending for the first quarter had been disappointing, with unexpectedly weak household expenditures and investment spending. Retail sales had contin
[2015-04-29] Voting for this action: Janet L. Yellen, William C. Dudley, Lael Brainard, Charles L. Evans, Stanley Fischer, Jeffrey M. Lacker, Dennis P. Lockhart, Jerome H. Powell, Daniel K. Tarullo, and John C. Wi
[2015-04-29] James A. Clouse and Stephen A. Meyer, Deputy Directors, Division of Monetary Affairs, Board of Governors
[2015-04-29] Financing conditions in consumer credit markets stayed generally accommodative. Auto and student loan balances expanded robustly through February. Growth in credit card loans slowed a bit on a year-ov
[2015-04-29] The Committee agreed to maintain the target range for the federal funds rate at 0 to 1/4 percent and to reaffirm in the statement that the Committee's decision about how long to maintain the current t
[2015-04-29] Katie Ross,1 Manager, Office of the Secretary, Board of Governors
[2015-04-29] Staff Review of the Economic Situation The information reviewed for the April 28-29 meeting indicated that real gross domestic product (GDP) only edged up in the first quarter, with growth likely held
[2015-04-29] The Committee also decided to maintain its policy of reinvesting principal payments from agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over matu
[2015-04-29] Matthew D. Raskin, Assistant Vice President, Federal Reserve Bank of New York
[2015-04-29] 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 over the i
[2015-04-29] Normalization Procedures The staff provided a briefing on issues related to the implementation of monetary policy during the period immediately following the first increase in the target range for the
[2015-04-29] Trevor A. Reeve, Special Adviser to the Chair, Office of Board Members, Board of Governors
[2015-04-29] The U.S. international trade deficit narrowed sharply in February, as imports fell more than exports. Imports of all major categories of goods moved lower as imports from several major trading partner
[2015-04-29] Robert deV. Frierson,1 Secretary of the Board, Office of the Secretary, Board of Governors
[2015-04-29] Real private expenditures on business equipment and intellectual property products rose modestly in the first quarter, and forward-looking indicators--including data on orders and shipments of nondefe
[2015-04-29] Total U.S. consumer prices in the first quarter, as measured by the PCE price index, were only 1/4 percent higher than a year earlier, importantly reflecting the decrease in consumer energy prices. Th
[2015-04-29] James M. Lyon, First Vice President, Federal Reserve Bank of Minneapolis
[2015-04-29] In their discussion of language for the postmeeting statement, members agreed that the wording should reflect their assessment that economic conditions had progressed to a stage at which the Committee
[2015-04-29] Developments in Financial Markets and the Federal Reserve's Balance Sheet In a joint session of the Federal Open Market Committee (FOMC) and the Board of Governors of the Federal Reserve System, the m
[2015-04-29] The staff provided its latest report on potential risks to financial stability. A number of factors appeared to limit the vulnerability of the U.S. financial system to adverse shocks. Leverage in the
[2015-04-29] William B. English, Senior Special Adviser to the Board, Office of Board Members, Board of Governors
[2015-04-29] Many participants noted that measures of inflation averaged over several months or more continued to run below the Committee's longer-run objective. However, this shortfall partly reflected the earlie
[2015-04-29] Ellen E. Meade 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
[2015-04-29] Information received since the Federal Open Market Committee met in March suggests that economic growth slowed during the winter months, in part reflecting transitory factors. The pace of job gains mo
[2015-04-29] James Bullard, Christine Cumming, Esther L. George, Loretta J. Mester, and Eric Rosengren, Alternate Members of the Federal Open Market Committee
[2015-04-29] Staff Economic Outlook In the U.S. economic forecast prepared by the staff for the April FOMC meeting, real GDP growth in the first half of the year was lower than in the projection prepared for the M
[2015-04-29] Committee Policy Action In their discussion of monetary policy for the period ahead, members judged that information received since the FOMC met in March suggested that economic growth slowed during t
[2015-04-29] Michael T. Kiley, Senior Adviser, Division of Research and Statistics, and Senior Associate Director, Office of Financial Stability Policy and Research, Board of Governors
[2015-04-29] Nellie Liang, Director, Office of Financial Stability Policy and Research, Board of Governors
[2015-04-29] Notation Vote By notation vote completed on April 7, 2015, the Committee unanimously approved the minutes of the Committee meeting held on March 17-18, 2015.
[2015-04-29] Helen E. Holcomb and Blake Prichard, First Vice Presidents, Federal Reserve Banks of Dallas and Philadelphia, respectively
[2015-04-29] Economic growth in both advanced foreign and emerging market economies appeared to slow, on balance, in the first quarter of 2015. Global trade and industrial production weakened. Among advanced econo
[2015-04-29] Real government purchases moved down in the first quarter. Federal spending was flat. But construction expenditures by state and local governments contracted, while these governments' payrolls were un
[2015-04-29] It was agreed that the next meeting of the Committee would be held on Tuesday-Wednesday, June 16-17, 2015. The meeting adjourned at 11:00 a.m. on April 29, 2015.
[2015-04-29] 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
[2015-04-29] The vote encompassed approval of the statement below to be released at 2:00 p.m.:
[2015-04-29] Industrial production fell in the first quarter, with another drop in the drilling of new oil and gas wells as well as a decrease in manufacturing output that appeared to reflect, in part, the effects
[2015-04-29] Joshua Gallin, Associate Director, Division of Research and Statistics, Board of Governors; Fabio M. Natalucci,2 Associate Director, Division of Monetary Affairs, Board of Governors; Beth Anne Wilson,
[2015-04-29] The U.S. dollar depreciated during the intermeeting period, as U.S. macroeconomic data generally came in weaker than expected, and as market participants appeared to mark down somewhat their expectati
[2015-04-29] The expected path of the federal funds rate moved down following the March FOMC statement and the Chair's postmeeting press conference. Investors reportedly took note of changes in the Summary of Econ
[2015-05-11] The Federal Open Market Committee on Monday announced its tentative meeting schedule for 2016:
[2015-05-11] The Chair's quarterly news conferences will take place following the March, June, September, and December meetings.
[2015-05-14] The first two operations will be conducted on May 21 and May 28 and will offer 14-day and 7-day term deposits, respectively. These operations will each offer floating-rate term deposits with the maxim
[2015-05-14] The Federal Reserve plans to continue periodic testing of Term Deposit Facility (TDF) operations, beginning with two operations this month. These operations are aimed at ensuring the operational readi
[2015-05-14] 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
[2015-05-20] 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
[2015-05-20] The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on April 28-29, 2015.
[2015-05-20] FOMC minutes can be viewed on the Board's website at http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
[2015-05-20] Minutes of the Federal Open Market Committee April 28-29, 2015: HTML | PDF
[2015-05-21] On May 21, 2015, the Federal Reserve conducted a floating-rate offering of term deposits through its Term Deposit Facility. The operation offered 14-day term deposits with the rate set equal to the su
[2015-05-21] The awarded deposits will settle on May 21, 2015, and will mature on June 4, 2015. The operation effective rate will apply to all awarded deposits.
[2015-05-26] The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from March 30 through April 27, 2015.
[2015-05-27] As noted in the Federal Reserve Board's May 14, 2015, release, this operation is part of the continuing program of operational testing of policy tools designed to provide institutions with an opportun
[2015-05-27] 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
[2015-05-27] All tenders that are complete and compliant with the operation parameters listed above will be automatically awarded in full.
[2015-05-27] 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. ET on the notification date.
[2015-05-27] 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).
[2015-05-27] Notification Participants will be able to view their awards by accessing the Term Deposit Facility application.
[2015-05-27] On May 28, 2015, the Federal Reserve will conduct a floating-rate offering of term deposits with an early withdrawal feature through its Term Deposit Facility (TDF). The Federal Reserve will offer sev
[2015-05-27] 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
[2015-05-28] The awarded deposits will settle on May 28, 2015, and will mature on June 4, 2015. The operation effective rate will apply to all awarded deposits.
[2015-05-28] On May 28, 2015, 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
[2015-06-17] Michael Strine, Executive Vice President, Federal Reserve Bank of New York
[2015-06-17] Financing for commercial real estate remained broadly available, although the expansion of commercial real estate loans on banks' books slowed in April and May, reportedly because of sales of loans se
[2015-06-17] David Bowman, Andrew Figura, David Reifschneider, and Stacey Tevlin, Special Advisers to the Board, Office of Board Members, Board of Governors
[2015-06-17] Industrial production decreased during April and May after declining in the first quarter. The output of both the manufacturing and mining sectors fell over the past two months, likely reflecting the
[2015-06-17] Staff Review of the Economic Situation The information reviewed for the June 16-17 meeting suggested that real gross domestic product (GDP) was increasing moderately in the second quarter after edging
[2015-06-17] Growth in real personal consumption expenditures (PCE) appeared to pick up early in the second quarter from its modest pace in the previous quarter. The components of the nominal retail sales data use
[2015-06-17] 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
[2015-06-17] With respect to its objective of maximum employment, the Committee judged that, on balance, a range of labor market indicators suggested that underutilization of labor resources had diminished somewha