Like Noah’s ark, the Senate Banking Committee often considers nominees in pairs.
The interchange cap, loan demand, compliance burdens and corporate pricing are all figuring in the early discussion of those newly named Federal Reserve panels composed of bank and credit union CEOs.
Saying that the "pace of recovery and output has slowed," the Federal Reserve's Open Market Committee announced today it would leave interest rates unchanged.
Though the economy is recovering and the labor market is improving, the economy is still hurt by high unemployment and modest income growth.
The Federal Reserve today announced it was keeping interest rates unchanged.
While noting that "economic activity has continued to strengthen and that the labor market is stabilizing" but expressing concern about high unemployment and tight credit, the Federal Reserve today announced it was keeping interest rates unchanged.