Stories by Fed Newswire on Federal Newswire


Approval of proposal by eBANK

News Release: The Federal Reserve Board on Wednesday announced its approval of the application filed by eBANK Corporation, Tokyo, Japan, to establish a representative office in San Francisco, California.


Federal Reserve announces results of auction of $30 billion in 28-day credit held on January 14, 2008

News Release: On Jan. 14, 2008, the Federal Reserve conducted an auction of $30 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 3.95 percent Total propositions submitted: $55.526 billion Total propositions accepted: $30.000 billion Bid/cover ratio: ...


Federal Reserve will offer $30 billion in 28-day credit through its Term Auction Facility on January 14, 2008

News Release: On Jan. 14, 2008, the Federal Reserve will offer $30 billion in 28-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this Announcement, Regulation A, and the terms and conditions of the Term Auction Facility (www.federalreserve.gov/monetarypolicy/taf.htm).


Reserve Bank income and expense data and transfers to the Treasury for 2007

News Release: The Federal Reserve Board on Thursday announced that the Federal Reserve Banks distributed approximately $34.437 billion of their $41.941 billion total income to the U.S. Treasury during 2007. Federal Reserve System income is derived primarily from interest earned on U.S. government securities that the ...


Consumer Advisory Council appointments for 2008

News Release: The Federal Reserve Board named ten new members to its Consumer Advisory Council for three-year terms and designated a new Chair and Vice Chair of the Council for 2008.


Minutes of Board discount rate meetings, November 5 through December 11, 2007

News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings from November 5 through Dec. 11, 2007.


Written agreement with Southern Bank of Commerce

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Southern Bank of Commerce, Paragould, Arkansas, the Federal Reserve Bank of St. Louis, and the Arkansas State Bank Department. A copy of the Written Agreement is attached.


Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility in January

News Release: The Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility (TAF) in January. It will offer $30 billion in the auction to be held on Monday, January 14 and $30 billion in the auction to be held on Monday, January 28.


Minutes of Federal Open Market Committee, December 6 and 11, 2007

News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on Dec. 11, 2007, and of a conference call held on December 6, 2007.