Showing results 1 to 6 of approximately 6.(refine search)
Long-Term Economic Challenges
Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago Allied Social Science Associations San Franciso, CA
Transitioning Away From LIBOR: Understanding SOFR’s Strengths and Considering the Path Forward
Remarks at the Bank Policy Institute’s Credit-Sensitive Benchmark Symposium (delivered via videoconference).
The LIBOR Countdown Has Not Stopped
Remarks at the IMN Virtual Investors' Conference on LIBOR.
Are Markets Too Concentrated?
Industries are increasingly concentrated in the hands of fewer firms. But is that a bad thing?
A History of SOMA Income
Historically, the Federal Reserve has held mostly interest-bearing securities on the asset side of its balance sheet and, up until 2008, mostly currency on its liability side, on which it pays no interest. Such a balance sheet naturally generates income, which is almost entirely remitted to the U.S. Treasury once operating expenses and statutory dividends on capital are paid and sufficient earnings are retained to equate surplus capital to capital paid in. The financial crisis that began in late 2007 prompted a number of changes to the balance sheet. First, the asset side of the balance sheet ...
The Federal Reserve’s Corporate Credit Facilities: Why, How, and For Whom
Remarks at The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness (delivered via videoconference).