Monetary Policy Report, February 2020
The Monetary Policy Report hearings were held on February 11 and 12, 2020.
|U.S. House of Representatives||U.S. Senate|
|Tuesday, February 10, 2020, 10:00 a.m., House Financial Services Committee||Wednesday, February 12, 2020|
|Press release: https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=406118||https://www.banking.senate.gov/hearings/02/03/2020/the-semiannual-monetary-policy-report-to-the-congress|
|Monetary Policy Report, issued February 7, 2019|
|Fed Chairman Jerome Powell’s testimony|
Federal Reserve Board: H.2 Release for Week Ending February 8, 2020; H.4.1 Release (Balance Sheet) for February 13, 2020
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 February 8, 2020, is below.
H.2 Release–Action of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
|Monetary and Financial Policy||Monetary Policy Report — semiannual report to the Congress. -Published, February 7, 2020|
|Personnel||Division of International Finance — appointment of Robert J. Vigfusson as assistant director. -Announced, February 7, 2020 Division of Research and Statistics — appointment of Glenn Follette as associate director; Eric Engstrom as deputy associate director; Paul Lengermann, Byron Lutz, Raven Molloy, Gustavo Suarez, and Clara Vega as assistant directors; Steve Sharpe as senior adviser; and Charles Fleischman as adviser. -Announced, February 7, 2020|
|Enforcement||Farmers and Merchants Bank of Craig County, New Castle, Virginia — consent order of assessment of a civil money penalty pursuant to the National Flood Insurance Act. -Announced, February 6, 2020|
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 February 13, 2020, is below. 13
[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 February 12, 2019): $4,230,943 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).
(See the release for further information.)