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	<title>Federal Reserve &#038; Interest Rates</title>
	<link>http://www.banks.com/blogs/fed</link>
	<description>Read up-to-date news about the Federal Reserve and the latest in the U.S. Economy and interest rates on Banks.com's Federal Reserve &#038; Interest Rate Blog.</description>
	<lastBuildDate>Fri, 06 Nov 2009 21:31:23 +0000</lastBuildDate>
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		<title>Not Time For Monetary Easing Just Yet</title>
		<description><![CDATA[The Federal Open Market Committee met this week and to no ones surprise left interest unchanged once again and issued a press release following their meeting.
In these circumstances, the Federal Reserve will continue to employ a wide range of tools to promote economic recovery and to preserve price stability. The Committee will maintain the target [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/11/04/not-time-for-monetary-easing-just-yet/</link>
			</item>
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		<title>Bernanke Calls For Consolidated Supervision Of Financial Firms</title>
		<description><![CDATA[During an economic conference at the Federal Reserve Bank of Boston, Chairman Bernanke called for legislative action from Congress to close regulatory gaps,  as well as give regulators the power to unwind failing non-banking firms.  Only the FDIC currently holds such power over financial institutions with bank holding companies.
Supervisors in the United States and abroad [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/10/26/bernanke-calls-for-consolidated-supervision-of-financial-firms/</link>
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		<title>Even With Rates At Zero Percent, Supply And Demand Of Credit Have Yet To Recover</title>
		<description><![CDATA[The Federal Reserve has kept interest rates at nearly 0% for some time now and by all accounts it will remain at that level through next year.  Now over a year removed from the beginning of the financial panic, credit markets have yet to recover.
Consumers and businesses are reluctant to borrow and financial institutions are [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/10/23/even-with-rates-at-zero-percent-supply-and-demand-of-credit-have-yet-to-recover/</link>
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		<title>Bernanke Discusses Asia&#8217;s Responses To Financial Crisis</title>
		<description><![CDATA[Federal Reserve Chairman Ben Bernanke gave an overview on Monday, on the impact of the financial crisis on Asia&#8217;s largest economies and it&#8217;s policy responses.  The growth in global trade allowed the financial crisis which began it this country to transmit it&#8217;s effects to the rest of the world, and Asian economies  were hit [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/10/20/bernanke-discusses-asias-responses-to-financial-crisis/</link>
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		<title>FDIC Prepayment Plan Needed To Replenish Fund</title>
		<description><![CDATA[Nearly a hundred banks have already failed this year and the FDIC&#8217;s bad bank list contains hundreds more that are in danger of failing in the next few years.  With it&#8217;s insurance fund running dangerously low, the FDIC put forward a plan earlier this month, in which banks would prepay three years worth of fees [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/10/16/fdic-prepayment-plan-needed-to-replenish-fund/</link>
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		<title>The Fed&#8217;s Economic Outlook</title>
		<description><![CDATA[Federal Reserve Vice Chairman Donald Kohn gave his views on the current economic outlook in a speech on Tuesday.
In broad terms, the data that we have in hand indicate that economic activity turned up in the third quarter. To some extent, the pickup in activity in recent months reflects the dissipation of some of the [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/10/13/the-feds-economic-outlook/</link>
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		<title>Bernanke Gives Update On Fed Balance Sheet</title>
		<description><![CDATA[Chairman Ben Bernanke gave an update on the status of the Federal Reserve&#8217;s balance sheet in a speech on Thursday.  Although there has been talk lately of the Fed&#8217;s impending exit strategy, fears of relapse may make that a long drawn out process.
To fight a recession, the standard prescription for a central bank is to [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/10/09/bernanke-gives-update-on-fed-balance-sheet/</link>
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		<title>Issuance Of Asset-Backed Securities Is Slowly Returning</title>
		<description><![CDATA[The Federal Reserve recently announced that it would extend it&#8217;s Term Asset-Backed Securities Loan Facility(TALF) until March of 2010 and chances are they could extended it again next spring.  The Fed created the program to promote borrowing and lending in the asset-backed securities(ABS) market which froze up during the financial crisis.
Bank lending is still down [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/10/06/issuance-of-asset-backed-securities-is-slowly-returning/</link>
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		<title>Job Losses Higher Than Forecast For September</title>
		<description><![CDATA[The Labor Department released it’s September job’s report on Friday which had higher than forecast job losses.  This brings the total job losses since the recession began up to 7.2 million, the highest figures since the Great Depression.
Nonfarm payroll employment continued to decline in September (-263,000), and the unemployment rate (9.8 percent) continued to trend [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/10/02/job-losses-higher-than-forecast-for-september/</link>
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		<title>Chairman Bernanke Speaks Before The House On Regulatory Reform</title>
		<description><![CDATA[Federal Reserve Chairman Ben Bernanke gave testimony before the House&#8217;s Committee on Financial Services on Thursday, discussing his views on financial regulatory reform.  He believes a consolidated approach is needed and that a number of elements  are necessary to safeguard the economy from systemic risk.
The current financial crisis has clearly demonstrated that risks to [...]]]></description>
		<link>http://www.banks.com/blogs/fed/2009/10/01/chairman-bernanke-speaks-before-the-house-on-regulatory-reform/</link>
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