The Federal Reserve Board has approved an application from Commonwealth Business Bank to open a new branch. The bank, which is based in Los Angeles, California, will establish the branch at 1 Bridge Plaza, Suite 655, Fort Lee, New Jersey.
“Order (PDF)”
The Federal Open Market Committee (FOMC) has unanimously reaffirmed its “Statement on Longer-Run Goals and Monetary Policy Strategy” during its annual organizational meeting this week.
The Federal Reserve Board has appointed seven members to its Insurance Policy Advisory Committee (IPAC), with four new members joining and three current members re-appointed.
Economic activity in the United States continues to expand at a solid pace, according to the latest statement from the Federal Open Market Committee (FOMC) of the Federal Reserve.
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