As is the case at many other central banks, our forecasts will still be generated by a range of analysts and will feature a degree of judgement, rather than be mechanical, modelbased forecasts. However, the forecasts will be usefully informed by the insights and analysis that full-system models can provide.
I am working with Federal Reserve staff to assess how we are performing merger analysis and where we can do better. Stablecoins as Private Money The relevant statutes with respect to proposed acquisitions include the Bank Holding Company Act (BHCA), Bank Merger Act (BMA), Dodd-Frank Act, and the Home Owners’ Loan Act.