Fed issues FOMC statement, interest and discount rate remain unchanged LeapRate

Fed issues FOMC statement, interest and discount rate remain unchanged

The Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee in its statement on July 27, 2016: • The Board of Governors of the Federal Reserve System left unchanged the interest rate paid on required and excess reserve balances at 0.50%. • As part…

October 20, 2015 BY Maria Nikolova

LCH.Clearnet appoints NY Fed veteran Christine Cumming to BoD

International clearing house LCH.Clearnet Group today announced the appointment of Christine Cumming, previously First Vice President of the Federal Reserve Bank of New York, to the Board of Directors. Ms Cumming will be joining the Board of Directors of LCH.Clearnet LLC, the Group’s US-based business. She will serve as an independent non-executive director and also…

Tag: Federal Reserve Bank of New York

Fed issues FOMC statement, interest and discount rate remain unchanged

LCH.Clearnet appoints NY Fed veteran Christine Cumming to BoD

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