Fed staff reported securities trades amid bank’s 2020 stimulus moves

France Nouvelles Nouvelles

Fed staff reported securities trades amid bank’s 2020 stimulus moves
France Dernières Nouvelles,France Actualités
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Fed senior staff don’t vote on monetary policy, but many are actively involved in compiling data, doing research, and briefing Fed leaders to help them analyze the economy, financial markets and the central banks’ policy options.

The disclosure forms provide only ranges for the values of the transactions, rather than the exact amounts. Ms. Hancock, also noted a purchase of between $250,001 and $500,000 in Advanced Micro Devices Inc. stock on Feb. 12 and a sale of between $100,001 and $250,000 of those shares on Feb. 28—a day when stocks marked their biggest weekly losses since 2008, and Mr. Powell released a statement signaling a possible monetary policy response.

Mr. Stevens said, via a Fed spokesperson, that the transactions listed on his 2020 disclosure form were almost entirely tied to a spouse’s inheritance, and he didn’t direct that trading. He also said he apprised the spouse’s financial adviser about Fed-related trading restrictions, and the holdings were "rebalanced" to comply with central bank rules.

Ms. Hancock said, via the spokesperson, that her spouse made the iShares and AMD trades, and she didn’t have any control over those transactions. The Fed spokesperson said the presentation of the disclosure forms is determined by the U.S. Office of Government Ethics, which doesn’t offer filers a way to say whether they or a spouse was responsible for a given transaction in the final form. The Fed is required to use this system when its senior staff file disclosures.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

FoxBusiness /  🏆 458. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Two Dallas officers charged with assaulting people during 2020 George Floyd protestsTwo Dallas officers charged with assaulting people during 2020 George Floyd protestsThe officers are expected to turn themselves in, officials said.
Lire la suite »

Dallas County DA obtains arrest warrants for 2 officers accused of excessive force in 2020 protestsDallas County DA obtains arrest warrants for 2 officers accused of excessive force in 2020 protestsThe Dallas County district attorney’s office obtained arrest warrants Wednesday for two Dallas police officers accused of seriously injuring demonstrators...
Lire la suite »

10 Million Cancer Screenings Missed In 2020 Due To Pandemic, Report Finds10 Million Cancer Screenings Missed In 2020 Due To Pandemic, Report FindsPANDEMIC SIDE EFFECT: More people are being diagnosed now with cancer and more advanced cancers. Health reporter StahlCBS3 explains why.
Lire la suite »

Help Needed To Find Killer In 2020 Murder Of 14-Year-Old Otis Rayjon WilliamsHelp Needed To Find Killer In 2020 Murder Of 14-Year-Old Otis Rayjon WilliamsOtis Rayjon Williams was walking in an alley, on his way to a neighborhood market, at about 8:30 p.m. on July 3, 2020 when he was hit by gunfire south of 98th Street, between Central and Pace avenues, according to the Los Angeles County Sheriff’s Department.
Lire la suite »

Mortgage rates jump again, rising to a level not seen since early 2020Mortgage rates jump again, rising to a level not seen since early 2020Mortgage rates increased again, rising to a level not seen since before the pandemic.
Lire la suite »



Render Time: 2025-03-21 23:26:06