Truck drivers know they must reduce acceleration long before the corner. We are not talking about tightening policy yet. We do not expect to have to touch the brake pedal for some time. Analysts differ in their views as to what level of the OCR implies moving the foot from accelerator to brake.
Recognizing the burden that the on-site presence of many examiners can place on the dayto-day business of a community bank, we are also working to increase our level of off-site supervisory activities.