Lorie K Logan

Fed’s Lorie Logan Says Higher Treasury Yields May Mean Less Need to Raise Rates

by
Fed’s Lorie Logan Says Higher Treasury Yields May Mean Less Need to Raise Rates

Federal Reserve Bank of Dallas President Lorie Logan said the recent surge in long-term Treasury yields may mean less need for the US central bank to raise its benchmark interest rate again. “Higher term premiums result in higher term interest rates for the same setting of the fed funds rate, all else equal,” Logan said … Read more

Federal Reserve, FDIC Tells US Banks to Step up Contingency Funding Plans

by
Federal Reserve, FDIC Tells US Banks to Step up Contingency Funding Plans

US lenders should review plans for their funding needs to make sure they have access to a range of liquidity sources during times of stress, according to top banking regulators. Banks should maintain “actionable” contingency plans and focus on liquidity risk management, agencies including the Federal Reserve and the Federal Deposit Insurance Corp. said Friday … Read more