Anticipatory discount window stigma
Observers often assert that stigma—a perception that depositors, investors or others will penalize an institution for borrowing from the discount window—keeps banks from borrowing when they should, making the facilities less effective. Dallas Fed Senior Vice President Sam Schulhofer-Wohl argues that some harms of discount window stigma can be mitigated regardless of whether stigma itself persists.
September 06, 2024
Evolving leveraged loan covenants may pose novel transmission risk
An evolving change affecting the expanding, highly leveraged corporate loan sector may impact how the economy responds to adverse shocks.
August 20, 2024
Surveys
Banking Conditions Survey
Loan volumes were flat in August after increasing in the prior two periods, according to banking executives responding to the Banking Conditions Survey.
August 19, 2024
Texas community banks grapple with national stresses as elevated rates pose new tests
Despite community banks’ relative strength in Texas, the outlook through year-end 2024 comes with evolving downside risks, particularly involving unrealized losses on fixed-income holdings.
August 14, 2024
Surveys
Banking Conditions Survey
Loan volumes grew at a faster pace in June, according to banking executives responding to the Banking Conditions Survey.
July 01, 2024
Persistence of house-price growth highlights geographic, credit factors
Growth in house prices is highly persistent and therefore more predictable than that of other assets, such as stocks.
May 28, 2024
Surveys
Banking Conditions Survey
Loan volumes declined after having largely stabilized in the two prior surveys, according to banking executives responding to the Banking Conditions Survey.
May 13, 2024
Surveys
Banking Conditions Survey
Loan volumes declined after having largely stabilized in the two prior surveys. Credit standards continued to tighten, and loan pricing continued to rise.
April 01, 2024
Development bank funds border infrastructure to aid U.S.–Mexico trade
Calixto Mateos, former managing director of the North American Development Bank, discusses his work at the NADBank and its role enhancing trade.
March 22, 2024
Surveys
Banking Conditions Survey
Loan volumes remained stable, with near-equal shares of bankers reporting an increase over the past six weeks as those reporting a decrease.
February 20, 2024