Circular Letters Federal Reserve Bank of Atlanta
The following information is now available on the Federal Reserve Bank of Atlanta’s website.May 16, 2012 Minutes of the Federal Open Market Committee, April 24–25, 2012
The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on April 24–25, 2012. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the April 24–25, 2012 meeting is also included as an addendum to these minutes. http://www.frbatlanta.org/banking/circulars/120516a.cfm
FOMC Announces Revised Tentative 2012 Meeting Schedule and Tentative 2013 Meeting Schedule The Federal Open Market Committee (FOMC) on Wednesday announced a revised tentative meeting schedule for 2012 and a tentative meeting schedule for 2013.
In order to provide ample time for the Committee’s usual discussions, these meetings have been scheduled to take place over two days. In addition, the FOMC announced that, going forward, the presentation of the Summary of Economic Projections and the Chairman’s press conference will occur in conjunction with the meetings scheduled for the third month of each quarter (March, June, September, and December). http://www.frbatlanta.org/banking/circulars/120516b.cfm
A take on labor force participation and the unemployment rate The intertwined nature of the unemployment rate and the labor force participation rate is well established. But how do fluctuations in one affect the other? A new macroblog post examines recent data to shed some light on the statistical dynamics.Cooperating competitors? Yes, when it comes to payment standards Private firms generally work together to develop payment standards through membership organizations. Portals and Rails asks: do standards increase competition in the payments industry by leveling the playing field? Or do they inherently favor the companies that most influenced their development?Regional manufacturing remained strong in April Southeastern manufacturing continued showing momentum in April, flexing its muscle as the sector adds jobs and production. SouthPointlooks at recent indicators to place the gains in perspective.