(1) July 2018 Monetary Policy Report. On July 13, 2018, The Federal Reserve released the July 2018 Monetary Policy Report.
Monetary Policy Report Hearings, July 2018
The Monetary Policy Report hearings will be held on July 17, 2018, and July 18, 2018.
U.S. House of Representatives
|July 18, 2018, 10:00 a.m., House Financial Services Committee||July 17, 2018, 10:00 a.m., Senate Banking Committee|
|Majority memorandum: https://financialservices.house.gov/uploadedfiles/071818_fc_memo.pdf||Announcement: https://www.banking.senate.gov/hearings/07/10/2018/the-semiannual-monetary-policy-report-to-the-congress|
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 30, 2018, is below.
H.2 Release–Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
|Personnel||Division of Monetary Affairs — appointment of Zeynep Senyuz as assistant director.
-Approved, June 15, 2018
|Regulations and Policies||Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) — Board and interagency statements on the impact of EGRRCPA, including changes in regulatory and reporting requirements for banking organizations with less than $100 billion in total consolidated assets.
-Approved, July 4, 2018
|Enforcement||Amboy Bancorporation, Old Bridge, New Jersey, and Amboy Bank — written agreement dated June 29, 2009, terminated June 29, 2018.
-Announced, July 3, 2018
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 12, 2018, 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 11, 2018): $4,338,783 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).
(See the release for further information.)