
The Committee is strongly committed to returning inflation to its 2 percent objective. In addition, the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, as described in its previously announced plans. In determining the extent to which additional policy firming may be appropriate to return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments. The Committee will closely monitor incoming information and assess the implications for monetary policy. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 5 to 5-1/4 percent. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee remains highly attentive to inflation risks. The extent of these effects remains uncertain. Tighter credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. Job gains have been robust in recent months, and the unemployment rate has remained low.


Charge-Off and Delinquency Rates on Loans and Leases at Commercial Banks.Assets and Liabilities of Commercial Banks in the U.S.Aggregate Reserves of Depository Institutions and the Monetary Base - H.3.Payments System Policy Advisory Committee.International Standards for Financial Market Infrastructures.


Federal Reserve's Key Policies for the Provision of Financial Services.Regulation HH (Financial Market Utilities).Regulation II (Debit Card Interchange Fees and Routing).Regulation CC (Availability of Funds and Collection of Checks).Securities Underwriting & Dealing Subsidiaries.Enforcement Actions & Legal Developments.Federal Financial Institutions Examination Council (FFIEC)īanking Applications & Legal Developments.Federal Reserve Supervision and Regulation Report.Community & Regional Financial Institutions.
