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Interest Rates
- US: H15 -0.88 2012-01-19 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.10 2012-01-19 FRB Federal funds effective rate
- US: H15 0.08 2012-01-19 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 0.70 2012-01-19 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.10 2012-01-19 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)
- FTC Approves Universal Health Services' Application to Sell Puerto Rico AssetsFollowing a public comment period, the Federal Trade Commission has approved an application by Universal Health Services, Inc. to sell what are known as the Puerto Rico Divestiture Assets, including Hospital San Juan Capestrano and its affiliated outpatient centers, to Donald R. Dizney and David A. Dizney, through two companies that are members of the United […]
- FTC Approves Universal Health Services' Application to Sell Puerto Rico Assets
Commerce News
- Remarks by Assistant Secretary Strickling at the Brookings Institution's Center for Technology InnovationTopics/Subtopics: ICANN Internet Policy Domain Name System Washington, DC January 11, 2012 Remarks by Lawrence E. Strickling Assistant Secretary of Commerce for Communications and Information Brookings Institution Principles of Internet Governance: An Agenda for Economic Growth and Innovation Washington, DC January 11, 2012 —As prepared for delivery— I w […]
- Remarks by Assistant Secretary Strickling at the Brookings Institution's Center for Technology Innovation
Small Business News
- Measuring the Uninsured by Firm Size and Employment Status: Variation in Health Insurance Coverage Rates (Part I)Landing page summary: This study: (1) evaluates alternative data sources that can be used to produce estimates of the number of the uninsured by firm size, and (2) focuses on the March Current Population Surveys from 1988 to 1992 to obtain estimates of the insured and uninsured by firm size and economic and demographic characteristics. Small Business ____ […]
- Measuring the Uninsured by Firm Size and Employment Status: Variation in Health Insurance Coverage Rates (Part I)
Monetary Policy
- Federal Reserve releases templates for reporting FOMC participants' projections of the appropriate target federal funds rate
- Minutes of Board discount rate meetings from November 21 through December 12, 2011
- Federal Reserve announces results of auction of $3 billion in 28-day term deposits held on January 9, 2012
Cost Estimates
- H.R. 3404, A bill to establish in the Department of the Interior an Under Secretary for Energy, Lands, and Minerals and a Bureau of Ocean Energy, an Ocean Energy Safety Service, and an Office for Natural Resources Revenue, and for other purposesCost estimate for the bill as ordered reported by the House Committee on Natural Resources on November 17, 2011 […]
- H.R. 3124, Federal Advisory Committee Act Amendments of 2011Cost estimate for the bill as ordered reported by the House Committee on Oversight and Government Reform on October 16, 2011 […]
- H.R. 3071, Presidential and Federal Records Act Amendments of 2011Cost estimate for the bill as ordered reported by the House Committee on Oversight and Government Reform on November 17, 2011 […]
- H.R. 3404, A bill to establish in the Department of the Interior an Under Secretary for Energy, Lands, and Minerals and a Bureau of Ocean Energy, an Ocean Energy Safety Service, and an Office for Natural Resources Revenue, and for other purposes
Banking
- OCC Appoints Receiver for American Eagle Savings BankThe Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for American Eagle Savings Bank, Boothwyn, Pennsylvania, a federal savings association. […]
- OCC Appoints Receiver for American Eagle Savings Bank
Regulation D
The Federal Reserve Board on Wednesday announced the annual indexing of the reserve requirement exemption amount and of the low reserve tranche for 2012. These amounts are used in the calculation of reserve requirements of depository institutions. The Board also announced the annual indexing of the nonexempt deposit cutoff level and the reduced reporting limit that will be used to determine deposit reporting panels effective 2012.
All depository institutions must hold a percentage of certain types of deposits as reserves in the form of vault cash, as a deposit in a Federal Reserve Bank, or as a deposit in a pass-through account at a correspondent institution. Reserve requirements currently are assessed on the depository institution’s net transaction accounts (mostly checking accounts). Depository institutions must also regularly submit deposit reports of their deposits and other reservable liabilities.
For net transaction accounts in 2012, the first $11.5 million, up from $10.7 million in 2011, will be exempt from reserve requirements. A 3 percent reserve ratio will be assessed on net transaction accounts over $11.5 million up to and including $71.0 million, up from $58.8 million in 2011. A 10 percent reserve ratio will be assessed on net transaction accounts in excess of $71.0 million.
These annual adjustments, known as the low reserve tranche adjustment and the reserve requirement exemption amount adjustment, are based on growth in net transaction accounts and total reservable liabilities, respectively, at all depository institutions between June 30, 2010 and June 30, 2011.
For depository institutions that report weekly, the low reserve tranche adjustment and the reserve requirement exemption amount adjustment will apply to the 14-day reserve computation period that begins Tuesday, November 29, 2011, and the corresponding 14-day reserve maintenance period that begins Thursday, December 29, 2011.
For depository institutions that report quarterly, the low reserve tranche adjustment and the reserve requirement exemption amount adjustment will apply to the seven-day reserve computation period that begins Tuesday, December 20, 2011, and the corresponding seven-day reserve maintenance period that begins Thursday, January 19, 2012.
The Board also announced changes in two other amounts, the nonexempt deposit cutoff level and the reduced reporting limit, that are used to determine the frequency with which depository institutions must submit deposit reports. The attached Federal Register notice contains a description of the new boundaries for deposit reporting that will be effective in 2012.