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Federal Reserve Board and Federal Open Market Committee release economic projections from the January 24-25 FOMC meeting
Release Date: January 25, 2012 For release at 2:00 p.m. EST The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached table and charts summarizing the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the January 24-25 meeting of the Committee.
Federal Reserve issues FOMC statement of longer-run goals and policy strategy
Release Date: January 25, 2012 For release at 2:00 p.m. EST Following careful deliberations at its recent meetings, the Federal Open Market Committee (FOMC) has reached broad agreement on the following principles regarding its longer-run goals and monetary policy strategy. The Committee intends to reaffirm these principles and to make adjustments as appropriate at its annual organizational meeting each January.
Federal Reserve issues FOMC statement
Release Date: January 25, 2012 For immediate release Information received since the Federal Open Market Committee met in December suggests that the economy has been expanding moderately, notwithstanding some slowing in global growth. While indicators point to some further improvement in overall labor market conditions, the unemployment rate remains elevated.
Educated Consumers Result in Fewer Complaints Says the Better Business Bureau
CHICAGO, IL-January 24, 2012 – Inquiries for Business Reviews to the Better Business Bureau serving Chicago and northern Illinois (BBB) jumped by over 16-percent in 2011, a sign consumers are taking the initiative to investigate companies before doing business with them. “We are very pleased the BBB has become a greater resource for consumers who are following our advice to check out free BBB Business Reviews before signing a contract or making a purchase,” says Steve J.
Federal Reserve releases templates for reporting FOMC participants’ projections of the appropriate target federal funds rate
Release Date: January 20, 2012 For immediate release The Federal Reserve on Friday released blank templates showing the format of the two charts it will use on January 25 to report Federal Open Market Committee (FOMC) participants’ projections of the appropriate target federal funds rate. It also released a draft of an explanatory note that will accompany the projections.
Better Business Bureau Advises Having a Disaster Plan for Your Business
CHICAGO , IL- January 19, 2012 – Reacting to a natural disaster or emergency not only means ensuring the immediate safety of employees, but also planning how the business will continue to function in the aftermath. Even if your business is not located in an area that is a likely target for a natural disaster, you need to be prepared for the unexpected with a comprehensive business continuation plan.
Federal Reserve Board issues enforcement action with Tennessee Central Bancshares
Release Date: January 19, 2012 For immediate release The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Tennessee Central Bancshares, Inc. (PDF) , Parsons, Tennessee Written Agreement dated January 12, 2012 Search of Federal Reserve enforcement actions.
According to a Better Business Bureau Survey, Shoppers Pick ‘Customer Service’ as Most Important Consideration When Buying
According to a Better Business Bureau Survey, Shoppers Pick ‘Customer Service’ as Most Important Consideration When Buying CHICAGO, IL-January 17, 2012 – While price and product selection were factors in the recent Holiday shopping season, customer service showed itself to be the most important element for shoppers according to a post-Christmas poll by the Better Business Bureau. In the 10 days following the holiday, More than half (51%) of visitors to the BBB website picked customer service over price (33%), product selection (11%) and location (5%) as the key concern in making purchasing decisions.
Federal Reserve Board issues enforcement action with Southwest Florida Community Bancorp, Inc.
Release Date: January 17, 2012 For immediate release The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Southwest Florida Community Bancorp, Inc. (PDF) , Fort Myers, Florida Written Agreement dated January 10, 2012 Search of Federal Reserve enforcement actions .
Steve Bernas and Lisa Madigan Criticize Abusive, Illegal Debt Collection Practices
Steve Bernas and Lisa Madigan Criticize Abusive, Illegal Debt Collection Practices Steve Bernas, president and CEO of your Better Business Bureau, participated in a news conference today (Wednesday, January 11) called by Illinois Attorney General Lisa Madigan announcing the attorney general’s Top 10 list of consumer complaints for 2011. In particular, Madigan detailed complaints about abusive and illegal debt collection practices.