Fed to Soon Consider Raising Bank Asset Thresholds, Bowman Says

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Federal Reserve Vice Chair for Supervision Michelle Bowman says the Fed will consider updating fixed-dollar asset thresholds later this year. The proposed review aims to account for inflation and economic growth while preserving the original policy intent.

Federal Reserve Vice Chair for Supervision Michelle Bowman said the Fed will look later this year to update its rules for fixed-dollar asset thresholds in a bid to account for inflation and economic growth. “This will preserve the policy intent at the time the threshold was implemented,” Bowman said Tuesday in remarks to a community banking research conference. (Source: Bloomberg)