Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Minutes of the Federal Open Market Committee June…
A joint meeting of the Federal Open Market Committee and the Board of Governors was held by videoconference on Tuesday, June 9, 2020, at 10:00 a.m. and continued on Wednesday, June 10, 2020, at 9:00…
Agencies provide largest firms with information for next…
The Federal Deposit Insurance Corporation and the Federal Reserve Board today provided information to the eight largest and most complex domestic banking organizations that will guide their next resolution plans, which are due by July…
The 2020 playbook so far
2020 has been a wild year for investors, with a multitude of events that have ranged from the biggest losses in stock market history to now, where we are seeing the best quarter in decades.…
Coronavirus and CARES Act
Chairwoman Waters, Ranking Member McHenry, and other members of the Committee, thank you for the opportunity to testify today to discuss the extraordinary challenges our nation is facing against the Coronavirus pandemic and the steps…
Federal Reserve Board releases results of stress tests…
The Federal Reserve Board on Thursday released the results of its stress tests for 2020 and additional sensitivity analyses that the Board conducted in light of the coronavirus event. "The banking system has been a…
The Adaptability of Stress Testing
Thank you for the opportunity to again address this group, which has played such an important role encouraging diversity, and a diversity of perspectives, in housing and finance. I gave my first speech to Women…
Semiannual Monetary Policy Report to the Congress
Chairman Crapo, Ranking Member Brown, and other members of the Committee, thank you for the opportunity to present the Federal Reserve's semiannual Monetary Policy Report. Our country continues to face a difficult and challenging time, as…
Federal Reserve issues FOMC statement
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing…
