Fed's Barr (voter): Q1 inflation is disappointing and did not provide the confidence needed to ease monetary policy; Fed in good position to hold steady and watch economy
- Fed will need to allow tight policy additional time to continue to do its work; In good position to hold rates steady and watch things evolve
- Vigilant to the risks to both inflation and employment mandates; Current approach is prudent to manage both sets of risks
- Regulators considering restriction on how much banks can rely on 'held-to-maturity' securities under liquidity requirement; Larger banks would be required to have available liquidity to cover uninsured deposits
- Fed weighing limits on assets banks can hold as buffers- Regulators exploring targeted adjustments to existing liquidity rules
- Regulators are reviewing regulatory treatment of certain types of deposits, including ones tied to venture capital or cryptocurrency businesses
- Economy is strong, growth solid, unemployment low