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Where Independent Traders, Investors, and Dribblers Thrive
U.S. Banks reported weaker loan demand for commercial…
[article]1894[/article]
Atlanta Fed’s Governor Bostic:
Economic recovery leveled off in July, August
There are some signs of the economy slowing
Recovery will take ‘a lot longer than people expected’
Need to be cautious about declaring victory too soon over the pandemic, will be uneven
[b]FOMC Brainard FOMC Q&A
[/b]
Bank should not be paying dividends, they should be hanging on to buffers and continuing to lend
Yield curve control could be a tool
Bond buying and forward guidance remain core Fed tools
Uncertainty clouds outlook, fiscal stimulus important
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