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Vol. 25, No. 3,
Third Quarter 2012
Articles
Atlanta Fed Chief Discusses Policy Support
U.S. Consumer Credit Fell in July, Fed Says
Fed Launches Publication for Community Bankers
Credit Quality Still Improving, Survey Finds
Banks Ease Lending Standards, Survey Shows
Fed Gov. Duke on Central Bank Cooperation
Fed Gov. Raskin: Take the High Road
Atlanta Fed CEO Discusses Policy Moves
Atlanta Fed Publishes Online-Only Annual Report
Banks Can Receive CRA Credit for Stabilizing Work
Fed's Sessions to Discuss Possible Rule Revisions
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Editor's Note: This publication is posted on a rolling schedule and
content will be added throughout the quarter.
Updated September 27, 2012
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Lockhart Explains Support for Monetary Policy Moves 
9/26/2012 - In a recent speech, Atlanta Fed President Dennis Lockhart said sluggish economic growth and stubbornly high unemployment justified enacting further monetary policy accommodation in support of the nation's economic recovery.
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Consumer Credit Declines in July 
9/24/2012 - Total U.S. consumer credit outstanding fell 1.5 percent in July from June, the Fed recently announced. Revolving credit, mainly in the form of credit cards, decreased at an annual rate of 6.8 percent in July from June, while nonrevolving credit rose 1 percent. |
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Fed Unveils New Resources for Community Bankers
9/20/2012 - The Federal Reserve System has launched Community Banking Connections, a publication and website focused on community banks. The first issue features an interview with Fed Chairman Ben Bernanke on the importance of community banking and some of the challenges facing the industry |
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Credit Quality of Large Corporate Loans Improving
8/30/2012 - For the third consecutive year, credit quality improved for large corporate loans and loan commitments held by U.S. bank organizations, foreign bank organizations, and nonbanks, according to a recent review conducted by regulatory agencies. |
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Banks Ease Lending on Business, Auto Loans
8/22/2012 - Standards on a range of loans were eased in the second quarter, according to the most recent Senior Loan Officer Opinion Survey. The results were released earlier this month. A number of banks also reported easing their standards for loans to large and midsized firms. |
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Fed Gov. Duke: Central Bank Cooperation Critical
8/8/2012 - Achieving their individual mandates and supporting global financial stability in the wake of the international financial crisis make it imperative that central banks cooperate, Federal Reserve Governor Elizabeth Duke said in a recent speech. |
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Fed Gov. Raskin Extols "High Road" in Banking
8/6/2012 - The global financial crisis drove home the importance of financial market entities taking the high road, Federal Reserve Governor Sarah Bloom Raskin said in a recent speech. While regulators can encourage use of the high road, it's not a task they can accomplish on their own.
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Atlanta Fed President Lockhart Addresses Debate on Further Easing
7/26/2012 - Discussing the possible direction of monetary policy, Atlanta Fed President Dennis Lockhart recently said that another policy decision could loom—whether to respond more aggressively to the economy's apparent weakness or to set aside an aggressive policy move unless the outlook further deteriorates.
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Atlanta Fed Publishes Its First Online-Only Annual Report
7/24/2012 - The Federal Reserve Bank of Atlanta has published its first online-only annual report, a sleek, interactive package of text, videos, and graphics describing four forces that shaped the economy in the past year: economic adjustment and adaptation, the labor market, widespread uncertainty, and monetary policy.
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Federal Regulators Release the 2012 List of Distressed, Underserved Communities
7/20/2012 - The number of middle-income rural communities in the Southeast designated as distressed or underserved grew 45 percent between 2011 and 2012, according to federal banking regulators. Financial institutions will receive credit under the Community Reinvestment Act for revitalization or stabilization efforts in those areas.
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