Monetary Policy Report, July 2019
The Monetary Policy Report hearings were held on July 10 and 11, 2019.
|U.S. House of Representatives||U.S. Senate|
|Wednesday, July 10, 2019, 10:00 a.m., House Financial Services Committee||Thursday, July 11, 2019, 10:00 a.m., Senate Banking Committee|
|Press release: https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=403999||Press release: https://www.banking.senate.gov/hearings/07/08/2019/the-semiannual-monetary-policy-report-to-the-congress|
|Monetary Policy Report, issued July 5, 2019, https://www.federalreserve.gov/publications/files/20190705_mprfullreport.pdf|
The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday. The release for the week ending June 29, 2019, is below.
H.2 Release–Action of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
|Advisory Councils||Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues (IPAC) — (1) the charter for IPAC; and (2) publication of a notice that the Board is accepting applications from individuals who wish to be considered for IPAC membership.
-Approved, July 2, 2019
|Forms||Forms — initial Board review to extend without revision the Disclosure and Reporting Requirements of the Community Reinvestment Act (CRA)-Related Agreements (Regulation G) (FR G).
-Proposed, July 2, 2019
|Monetary and Financial Policy||Monetary Policy Report — semiannual report to the Congress.
-Published, July 5, 2019
|Regulation and Policies||Rules Regarding Delegation of Authority — final rule to (1) delegate to the Reserve Banks authority to approve certain types of applications, notices, and requests; and (2) revise or rescind certain existing delegations of authority to the Reserve Banks, the Secretary of the Board, and the director of the Division of Supervision and Regulation.
-Approved, June 24, 2019
Federal Reserve Board: Balance Sheet (H.4.1 Release)
The Board publishes data of factors affecting reserve balances. The digest is called the H.4.1 Release, and they are published every Thursday (or the next business day if the publication date falls on a federal holiday). The release for July 11, 2019, is below.
[Note: The blog will cover the line titled “Total Factors Supplying Reserve Funds.”]
H.4.1 Release–Factors Affecting Reserve Balances
Total factors supplying reserve funds (as of July 10, 2019): $3,863,140 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).
(See the release for further information.)