Libra's a new thing; we are looking at it very carefully, given the possible scale of it, I think that our expectations — from a consumer protection standpoint, from a regulatory standpoint — are going to be very, very high. Federal Reserve More Quotes by Federal Reserve More Quotes From Federal Reserve It's not impossible that we could come to a view that the LCR is calibrated too high, but that's not something we think right now. Federal Reserve business I don't know the right way to get at this, this is a question we're going to have to get our arms around. It's one of the reasons we're working on it now. Federal Reserve technology It isn't obvious at all from our current regulatory system that we have in place what we need to assess or oversee this. Federal Reserve technology Authority for overseeing Libra is going to be in a number of places, but I think that the big picture is we are going to be looking really carefully at it. Federal Reserve technology Eventually expansions come to an end, the business cycle has not been repealed. But I would say there's no reason why this economy can not continue to expand. Federal Reserve politics Not at all. Not at all. Federal Reserve politics What we've done is we've said that we're going to wait and see how those conditions evolve before we make any changes to our interest rate policy, and that means patient. Federal Reserve politics More plentiful jobs and rising wages are drawing more people into the work force, business-sector productivity growth, which had been disappointing during the expansion, moved up. ... Rising productivity allows wages to increase without adding to inflation pressures. Federal Reserve business Meetings between presidents and The Federal Reserve chairs do happen, but nothing's been scheduled. Federal Reserve top-news What do you do ? you slow down. You maybe go a little less quickly. You feel your way. Under uncertainty of this kind, you be careful. I think that's what we've been doing. Federal Reserve top-news Most participants viewed the recent softness in these price data as largely reflecting idiosyncratic factors...however, several participants expressed concern that progress...might have slowed and that the recent softness in inflation might persist. Federal Reserve top-news Despite some signs of improvement overall, 46 percent say they would struggle to meet emergency expenses of $400, and 22 percent of workers say they are juggling two or more jobs. Federal Reserve business Because of their significant concern about still-low readings on actual inflation and the uncertainty and risks present in the inflation outlook, they agreed to indicate that the Committee would carefully monitor actual and expected progress toward its inflation goal. Federal Reserve top-news Members expressed their intention to carefully monitor actual and expected progress toward the committee's inflation goal. Federal Reserve business By making the failure of even the largest banks more manageable, the proposed regulation will be another important step in solving the too-big-to-fail problem. Federal Reserve business Bank of America exhibited deficiencies in its capital planning process.... in certain aspects of (its) loss and revenue modeling practices. Federal Reserve business
