R. Kinney Williams - Yennik, Inc.®
R. Kinney Williams
Yennik, Inc.

The Community Banker
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The E-mail Banking News
(Bank Regulatory News)

January 2018

Yennik, Inc. has clients in 43 states that rely on our cybersecurity audits to ensure proper Internet security settings and to meet the independent diagnostic test requirements of FDIC, OCC, FRB, and NCUA, which provides compliance with Gramm-Leach Bliley Act 501(b) s well as the penetration study complies with the FFIEC Cybersecurity Assessment Tool regarding resilience testing The cybersecurity penetration audit and Internet security testing is an affordable-sophisticated process than goes far beyond the simple scanning of ports.  The audit focuses on a hacker's perspective, which will help you identify real-world cybersecurity weaknesses.  For more information, give R. Kinney Williams a call today at 806-798-7119 or visit http://www.internetbankingaudits.com/.


January 18, 2018 - Tax Reform: Interagency Statement on Accounting and Reporting Implications of the New Tax Law - The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation today issued an interagency statement for supervised financial institutions on accounting and reporting implications of the new tax law1 and certain related matters. www.occ.treas.gov/news-issuances/bulletins/2018/bulletin-2018-2.html

January 18, 2018 - New Tax Law: Accounting and Reporting Implications - The banking agencies are issuing the attached Interagency Statement to provide guidance to institutions on certain accounting and reporting implications of the new tax law, which was enacted on December 22, 2017. www.fdic.gov/news/news/financial/2018/fil18006.html

January 18, 2018 - Statistical Release - Minority-Owned Depository Institutions as of September 30, 2017.  www.federalreserve.gov/releases/mob/current/default.htm

January 18, 2018 - Statistical Release - Large Commercial Banks - As of September 30, 2017.  www.federalreserve.gov/releases/lbr/current/default.htm

January 18, 2018 - Advanced Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System will be held under expedited procedures at 12:00 p.m. on January 22, 2018. Matter(s) considered: Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks. www.federalreserve.gov/aboutthefed/boardmeetings/20180122closed.htm

January 18, 2018 - Interagency Statement on Accounting and Reporting Implications of the New Tax Law - The Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued the attached Interagency Statement on Accounting and Reporting Implications of the New Tax Law to provide supervised institutions with guidance on the accounting implications of the new tax law, which was enacted on December 22, 2017, and certain related matters. www.federalreserve.gov/supervisionreg/srletters/sr1802.htm

January 18, 2018 - Does Smooth Ambiguity Matter for Asset Pricing? - A. Ronald Gallant, Mohammad R. Jahan-Parvar, and Hening Liu - We use the Bayesian method introduced by Gallant and McCulloch (2009) to estimate consumption-based asset pricing models featuring smooth ambiguity preferences. www.federalreserve.gov/econres/ifdp/files/ifdp1221.pdf

January 17, 2018 - St. Louis Fed Accepting Applications for 2018-19 Student Board of Directors - The Federal Reserve Bank of St. Louis is seeking bright and ambitious high school seniors to serve on its student board of directors for the 2018-19 school year. www.stlouisfed.org/news-releases/2018/01/17/st-louis-fed-accepting-applications-for-2018-19-student-board-of-directors

January 17, 2018 - Using Payroll Processor Microdata to Measure Aggregate Labor Market Activity - Tomaz Cajner, Leland Crane, Ryan Decker, Adrian Hamins-Puertolas, Christopher Kurz, and Tyler Radler - We show that high-frequency private payroll microdata can help forecast labor market conditions. www.federalreserve.gov/econres/feds/files/2018005pap.pdf

January 17, 2018 - Quantitative Easing and the "New Normal" in Monetary Policy - Michael T. Kiley - Interest rates may remain low and fall to their effective lower bound often. www.federalreserve.gov/econres/feds/files/2018004pap.pdf

January 17, 2018 - Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data - Colin J. Hottman and Ryan Monarch - Using supplier-level trade data, we estimate the e?ect on consumer welfare from changes in U.S. imports both in the aggregate and for di?erent household income groups from 1998 to 2014. www.federalreserve.gov/econres/ifdp/files/ifdp1220.pdf 

January 17, 2018 - Beige Book - Informal review by the Federal Reserve Banks of current economic conditions in their Districts. www.federalreserve.gov/monetarypolicy/beige-book-default.htm

January 17, 2018 - Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System was held at on January 17, 2018. Matter(s) considered: Periodic Briefing and Discussion on Financial Markets, Institutions, and Infrastructure. www.federalreserve.gov/aboutthefed/boardmeetings/20180117closed.htm

January 17, 2018 - Statistical Release - Industrial Production and Capacity Utilization - G.17 - Industrial production rose 0.9 percent in December even though manufacturing output only edged up 0.1 percent. www.federalreserve.gov/releases/g17/Current/default.htm

January 16, 2018 - Civil Money Penalties: Notice Adjusting Civil Money Penalties for 2018 - On January 12, 2018, the Office of the Comptroller of the Currency published in the Federal Register the attached notice to adjust the maximum amount of each civil money penalty within its jurisdiction, pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. www.occ.treas.gov/news-issuances/bulletins/2018/bulletin-2018-1.html

January 16, 2018 - Federal Reserve Board announces approval of application by Huron Community Bank - The Federal Reserve Board on Tuesday announced its approval of the application under section 18(c) of the Federal Deposit Insurance Act by Huron Community Bank, East Tawas, Michigan, to acquire certain assets and assume certain liabilities of a branch of First Federal of Northern Michigan, Alpena, Michigan. www.federalreserve.gov/newsevents/pressreleases/orders20180116a.htm

January 12, 2018 - Economic Outlook Symposium: Summary of 2017 Results and 2018 Forecasts By William A. Strauss , Thomas Haasl - According to participants in the Chicago Fed’s annual Economic Outlook Symposium, the U.S. economy is forecasted to grow at a pace slightly above average in 2018, with inflation moving up a little and the unemployment rate remaining low. www.chicagofed.org/publications/chicago-fed-letter/2018/391

January 12, 2018 - Robert G. Sarver Reappointed to the Federal Advisory Council - The Federal Reserve Bank of San Francisco’s board of directors has reappointed Robert G. Sarver, chairman and CEO of Western Alliance Bancorporation, to represent the District on the Federal Advisory Council beginning January 1, 2018. www.frbsf.org/our-district/press/news-releases/2018/robert-g-sarver-reappointed-federal-advisory-council/

January 12, 2018 - Membership Appointments Announced for the Federal Reserve Bank of San Francisco’s Community Depository Institutions Advisory Council - The Federal Reserve Bank of San Francisco announced that Tamara Gurney, president and CEO, Mission Valley Bank, Sun Valley, CA; Gary Harding, president and CEO, Prime Alliance Bank, Woods Cross, UT; and Connie Miller, president and CEO, Icon Credit Union, Boise, ID have been appointed as the newest members of the Twelfth District’s Community Depository Institutions Advisory Council www.frbsf.org/our-district/press/news-releases/2018/announce-membership-appointments-community-depository-institutions-advisory-council/
 
January 12, 2018 - Membership Changes for Federal Reserve Bank of San Francisco’s Economic Advisory Council - The Federal Reserve Bank of San Francisco announced that Glynis A. Bryan, CFO of Insight Enterprises, Inc., Tempe, AZ; Shubhi Rao, vice president and treasurer at Alphabet, Inc., Mountain View, CA; and Lewis Lee, co-founder and partner at Lee & Hayes, PLLC, Spokane, WA, have been appointed to the Bank’s Economic Advisory Council www.frbsf.org/our-district/press/news-releases/2018/economic-advisory-council-membership-changes/

January 12, 2018 - Bertram “Bert” C. Hodge Joins St. Louis Fed’s Transportation Industry Council - Bertram C. Hodge “Bert” of Corydon, Ind., has been named to the Transportation Industry Council of the Federal Reserve Bank of St. Louis. Bert Hodge is the general manager of Heritage Ford of Indiana. www.stlouisfed.org/news-releases/2018/01/12/bertram-bert-c-hodge-joins-st-louis-fed-transportation-industry-council

January 12, 2018 - Federal Reserve Board announces it has finalized a rule adjusting the Board's maximum civil money penalties.   www.federalreserve.gov/newsevents/pressreleases/bcreg20180112a.htm

January 12, 2018 - Differences in Stock Returns of U.S. Firms with High and Low Tradability - Mary Tian - Since the beginning of 2017, the trade-weighted value of the dollar has depreciated by over 8 percent, weakening broadly against both advanced and emerging market economies' currencies. www.federalreserve.gov/econres/notes/ifdp-notes/differences-in-stock-returns-of-us-firms-with-high-and-low-tradability-20180112.htm

January 12, 2018 - From Income to Consumption Inequality? Looking through the Lens of Motor Vehicle Purchases - Wendy Dunn and Maria D. Tito - Rising income inequality in the United States over the past several decades has been well documented in the economics literature. www.federalreserve.gov/econres/notes/feds-notes/looking-through-the-lens-of-motor-vehicle-purchases-20180112.htm

January 12, 2018 - Advanced Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System will be held under expedited procedures at 10:00 a.m. on January 17, 2018. Matter(s) considered: Periodic Briefing and Discussion on Financial Markets, Institutions, and Infrastructure. www.federalreserve.gov/aboutthefed/boardmeetings/20180117closed.htm

January 12, 2018 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

January 12, 2018 - Federal Reserve Board announces it has finalized a rule adjusting the Board's maximum civil money penalties.   www.federalreserve.gov/newsevents/pressreleases/bcreg20180112a.htm

January 12, 2018 - Federal Reserve Board announces enforcement action with Goldman Sachs Bank USA.  www.federalreserve.gov/newsevents/pressreleases/enforcement20180112b.htm

January 12, 2018 - Federal Reserve Board announces termination of enforcement actions against 10 banking organizations, civil monetary penalties against five of the 10, and termination of two joint orders against service providers.  www.federalreserve.gov/newsevents/pressreleases/enforcement20180112a.htm
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January 11, 2018 - Statistical Release - Foreign Exchange Rates - G.5A.  www.federalreserve.gov/releases/g5a/current/default.htm

January 11, 2018 - Household Debt-to-Income Ratios in the Enhanced Financial Accounts - Michael Ahn, Mike Batty, and Ralf R. Meisenzahl - This note describes new data on household debt-to-income ratios that is being provided in interactive maps as part of the Enhanced Financial Accounts. www.federalreserve.gov/econres/notes/feds-notes/household-debt-to-income-ratios-in-the-enhanced-financial-accounts-20180109.htm

January 11, 2018 - Entrepreneurship and State Taxation - E. Mark Curtis and Ryan A. Decker - Entrepreneurship plays a vital role in the economy, yet there exists little well-identified research into the effects of taxes on startup activity. www.federalreserve.gov/econres/feds/2018.htm#2018003

January 11, 2018 - Federal Reserve Board adds interactive data tools for the Financial Accounts of the United States to its website - The Federal Reserve Board on Thursday added three new tools to its web site to provide interactive access to data from the Board's Financial Accounts of the United States release, which tracks the aggregate wealth of U.S. households and other economic sectors. www.federalreserve.gov/newsevents/pressreleases/other20180111a.htm

January 11, 2018 - Federal Reserve Board announces termination of enforcement actions with American Express Company, American Express Travel Related Services Company, Inc., and Liberty Bank.   www.federalreserve.gov/newsevents/pressreleases/enforcement20180111a.htm

January 10, 2018 - Kansas City Fed announces director election results and appointments - The Federal Reserve Bank of Kansas City announces director election results and appointments to fill seats on its headquarters office and branch boards of directors. All appointments are effective Jan. 1, 2018. www.kansascityfed.org/~/media/files/publicat/newsroom/2018/pressrelease2018boardsofdirectorsfinal.pdf 

January 10, 2018 - St. Louis Fed Announces Changes to Board of Directors - The Federal Reserve Bank of St. Louis has announced the following changes to its board of directors, effective Jan. 1: www.stlouisfed.org/news-releases/2018/01/10/st-louis-fed-announces-changes-to-board-of-directors

January 10, 2018 - Ronald J. Kruszewski Reappointed to Federal Advisory Council - he board of directors of the Federal Reserve Bank of St. Louis has reappointed Ronald J. Kruszewski, chairman and CEO of Stifel Financial Corp. in St. Louis, to serve on the Federal Advisory Council for a one-year term that ends on Dec. 31, 2018. www.stlouisfed.org/news-releases/2018/01/10/ronald-j-kruszewski-reappointed-to-federal-advisory-council

January 10, 2018 - St. Louis Fed Louisville Branch Announces Changes to Board of Directors - The Federal Reserve Bank of St. Louis has announced the following changes to its Louisville Branch board of directors, effective Jan. 1: www.stlouisfed.org/news-releases/2018/01/10/st-louis-fed-louisville-branch-announces-changes-to-board-of-directors

January 10, 2018 - St. Louis Fed Memphis Branch Announces Changes to Board of Directors - The Federal Reserve Bank of St. Louis has announced the following changes to its Memphis Branch board of directors, effective Jan. 1: www.stlouisfed.org/news-releases/2018/01/10/st-louis-fed-memphis-branch-announces-changes-to-board-of-directors 

January 10, 2018 - St. Louis Fed's Bullard Discusses a Possible New Approach to Inflation - With inflation in the U.S. consistently falling below the Fed’s target of 2 percent since 2012, Federal Reserve Bank of St. Louis President James Bullard discussed on Wednesday price level targeting as a possible framework for conducting monetary policy. www.stlouisfed.org/news-releases/2018/01/10/bullard-possible-new-approach

January 10, 2018 - Winter 2017 Issue Now Available - The Winter 2017 issue of Supervisory Insights features two articles of interest to examiners, bankers, and supervisors. www.fdic.gov/news/news/financial/2018/fil18005.html

January 10, 2018 - FDIC's Supervisory Insights Winter Edition Focuses on Credit Management Information Systems - The Federal Deposit Insurance Corporation today issued the Winter 2017 issue of Supervisory Insights, which includes articles on credit Management Information Systems and recent results from the FDIC's Credit and Consumer Products/Services Survey. www.fdic.gov/news/news/press/2018/pr18002.html

January 10, 2018 - Federal Reserve Board announces appointment of the chairs and deputy chairs of the Federal Reserve Banks for 2018 - Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as chair and a second as deputy chair. www.federalreserve.gov/newsevents/pressreleases/other20180110b.htm

January 10, 2018 - Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2017 - The Federal Reserve Board on Wednesday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $80.2 billion of their estimated 2017 net income to the U.S. Treasury. www.federalreserve.gov/newsevents/pressreleases/other20180110a.htm

January 9, 2018 - Do national account statistics underestimate US real output growth? - Matteo Barigozzi (London School of Economics) and Matteo Luciani - A fundamental issue in economics is the measurement of aggregate real output, henceforth Gross Domestic Output. www.federalreserve.gov/econres/notes/feds-notes/do-national-account-statistics-underestimate-us-real-output-growth-20180109.htm

January 9, 2018 - Fiscal implications of the Federal Reserve’s Balance Sheet Normalization - In the wake of the global financial crisis, the Federal Reserve dramatically increased the size of its balance sheet--from about $900 billion at the end of 2007 to about $4.5 trillion today. www.federalreserve.gov/econres/notes/feds-notes/fiscal-implications-of-the-federal-reserve-balance-sheet-normalization-20180109.htm

January 9, 2018 - Statistical Release - Household Debt Service and Financial Obligations Ratios - Household debt service payments and financial obligations as a percentage of disposable personal income; seasonally adjusted www.federalreserve.gov/releases/HouseDebt/default.htm

January 9, 2018 - Minutes of the Board's discount rate meetings from December 4 and December 13, 2017.  www.federalreserve.gov/newsevents/pressreleases/monetary20180109a.htm

January 8, 2018 - What Explains the Decline in Life Insurance Ownership?  By Daniel Hartley , Anna Paulson , Katerina Powers - Life insurance ownership has declined markedly over the past 30 years, continuing a trend that began as early as 1960.  www.chicagofed.org/publications/economic-perspectives/2017/8

January 8, 2018 - Reinvesting After the Crisis: Changes in the Fixed-Income Portfolios of Life Insurers By Andy Polacek - The years following the Great Recession presented a unique set of challenges for life insurers even as the U.S. economic recovery began to gain momentum. www.chicagofed.org/publications/chicago-fed-letter/2018/390

January 8, 2018 - Statistical Release - Consumer Credit - G.19 - In November, consumer credit increased at a seasonally adjusted annual rate of 8-3/4 percent. Revolving credit increased at an annual rate of 13-1/4 percent, while nonrevolving credit increased at an annual rate of 7-1/4 percent. www.federalreserve.gov/releases/g19/current/default.htm

January 8, 2018 - Fiscal Implications of the Federal Reserve's Balance Sheet Normalization - Michele Cavallo, Marco Del Negro, W. Scott Frame, Jamie Grasing, Benjamin A. Malin, and Carlo Rosa - The paper surveys the recent literature on the fiscal implications of central bank balance sheets, with a special focus on political economy issues. www.federalreserve.gov/econres/feds/files/2018002pap.pdf

January 8, 2018 - FRB/US model packages - The main FRB/US model package is a self-contained set of equations, data, programs and documentation that enables various types of simulations and provides information about the model's structure. www.federalreserve.gov/econres/us-models-package.htm

January 8, 2018 - Supervision & Regulation - Comprehensive Capital Analysis and Review Q&As - January 8, 2018 update - Federal Reserve staff provides answers to questions from firms related to CCAR and DFAST on an ongoing basis to assist with the interpretation of reporting instructions and related regulations and supervisory guidance. www.federalreserve.gov/publications/comprehensive-capital-analysis-and-review-qas.htm

January 5, 2018 - Revisions to the Consolidated Reports of Condition and Income for March and June 2018 - As part of their ongoing efforts to ease reporting requirements and lessen reporting burden, particularly for small institutions, the federal banking agencies, under the auspices of the Federal Financial Institutions Examination Council, have finalized additional burden-reducing revisions that will be made to all three versions of the Call Report effective June 30, 2018. www.fdic.gov/news/news/financial/2018/fil18004.html

January 5, 2018 - FDIC Issues List of Banks Examined for CRA Compliance - The list covers evaluation ratings that the FDIC assigned to institutions in October 2017. www.fdic.gov/news/news/press/2018/pr18001.html

January 5, 2018 - FOIA - Chair Yellen's calendar, November 2017.  www.federalreserve.gov/foia/files/chair-yellen-calendar-112017.pdf

January 5, 2018 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

January 5, 2018 - Federal Open Market Committee - 2012 FOMC Historical Documents.  www.federalreserve.gov/monetarypolicy/fomchistorical2012.htm

January 4, 2018 - OCC Assesses $70 Million Civil Money Penalty Against Citibank - The Office of the Comptroller of the Currency recently assessed a $70 million civil money penalty against Citibank, N.A., for failing to comply with the agency’s 2012 consent order related to Bank Secrecy Act and anti-money laundering deficiencies. www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-3.html

January 4, 2018 - OCC Releases CRA Evaluations for 15 National Banks and Federal Savings Associations - The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public during the period of December 1, 2017 through December 31, 2017. www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-2.html

January 4, 2018 - Consolidated Reports of Condition and Income - The Consolidated Reports of Condition and Income for the December 31, 2017, report date must be submitted to the banking agencies' Central Data Repository by Tuesday, January 30, 2018. www.fdic.gov/news/news/financial/2018/fil18003.html

January 4, 2018 - Federal Reserve Board requests comment on proposed guidance that would clarify Board's supervisory expectations related to risk management for large financial institutions. www.federalreserve.gov/newsevents/pressreleases/bcreg20180104a.htm
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January 4, 2018 - OCC Assesses $70 Million Civil Money Penalty Against Citibank - The Office of the Comptroller of the Currency recently assessed a $70 million civil money penalty against Citibank, N.A., for failing to comply with the agency’s 2012 consent order related to Bank Secrecy Act and anti-money laundering deficiencies. www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-3.html

January 4, 2018 - OCC Releases CRA Evaluations for 15 National Banks and Federal Savings Associations - The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public during the period of December 1, 2017 through December 31, 2017. www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-2.html

January 4, 2018 - Consolidated Reports of Condition and Income - The Consolidated Reports of Condition and Income for the December 31, 2017, report date must be submitted to the banking agencies' Central Data Repository by Tuesday, January 30, 2018. Certain institutions with foreign offices have an additional five calendar days to file their reports. www.fdic.gov/news/news/financial/2018/fil18003.html

January 4, 2018 - Federal Reserve Board announces termination of enforcement action with AmBank Holdings, Inc.  www.federalreserve.gov/newsevents/pressreleases/enforcement20180104a.htm

January 3, 2018 - The three federal banking agencies, as members of the Federal Financial Institutions Examination Council, have finalized a proposal issued in June 2017 to reduce the reporting burden associated with the preparation and filing of the “Call Report.” www.ffiec.gov/press/pr010318.htm

January 3, 2018 - Revisions to the Consolidated Reports of Condition and Income for March and June 2018 - The Federal Financial Institutions Examination Council has approved the implementation of additional burden-reducing revisions and certain other reporting changes to all three versions of the Call Report. www.fdic.gov/news/news/financial/2018/fil18002.html

January 3, 2018 - Federal Reserve Board announces approval of application by Deutsche Pfandbriefbank AG - The Federal Reserve Board on Wednesday announced its approval of the application by Deutsche Pfandbriefbank AG, Unterschleissheim, Germany, to establish a representative office in New York, New York. www.federalreserve.gov/newsevents/pressreleases/orders20180103a.htm

January 3, 2018 - Minutes of the Federal Open Market Committee, December 12-13, 2017 - A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes. www.federalreserve.gov/newsevents/pressreleases/monetary20180103a.htm

January 2, 2018 - Norman Williams Named Deputy Comptroller for Economic and Policy Analysis - The Office of the Comptroller of the Currency announced today that Norman Williams has been appointed Deputy Comptroller for Economic and Policy Analysis effective January 7, 2018. www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-1.html

January 2, 2018 - Consolidated Reports of Condition and Income for Fourth Quarter 2017 - The attached materials pertain to the Consolidated Reports of Condition and Income for the December 31, 2017, report date. www.fdic.gov/news/news/financial/2018/fil18001.html

January 2, 2018 - Recent Trends in Small Business Lending and the Community Reinvestment Act 1 - Tim Dore and Traci Mach - In this note, we analyze data on small business loan originations collected under the Community Reinvestment Act (CRA) to document heterogeneity in the recovery in small business lending since the financial crisis. www.federalreserve.gov/econres/notes/feds-notes/recent-trends-in-small-business-lending-and-the-community-reinvestment-act-20180102.htm

January 2, 2018 - Inequality in 3-D: Income, Consumption, and Wealth - Jonathan Fisher, David Johnson, Timothy Smeeding, and Jeffrey Thompson - Abstract: We do not need to and should not have to choose amongst income, consumption, or wealth as the superior measure of well-being. All three individually and jointly determine well-being. www.federalreserve.gov/econres/feds/2018.htm#2018001

January 2, 2018 - Statistical Release - Foreign Exchange Rates - G.5.  www.federalreserve.gov/releases/g5/current/default.htm

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