The new, more secure design for the $10 note, unveiled in late September, will hit circulation early in 2006. Most noticeably, the new note incorporates subtle background colors in shades of orange, yellow and red. It also features several new torch symbols, which are a unique characteristic of the redesigned $10 denomination. For more information about how to recognize these and other changes, go to the Bureau of Engraving and Printing's web site at www.bep.treas.gov.
The St. Louis Fed recently updated its series of brochures highlighting resources for potential home buyers. The brochures are now available for order and display as lobby promotions.
The brochure series, entitled Learn Before You Leap, focuses on organizations that provide housing counseling in the major cities of the Fed's Eighth District: Little Rock, Louisville, Memphis and St. Louis. The organizations listed provide advice on every step of the home-buying process, from budgeting income to negotiating a contract to closing on a loan.
Learn Before You Leap is available at www.stlouisfed.org/community; click on "Other Publications." Multiple copies can be ordered from Julie Kerr in Little Rock, (501) 324-8296; Kendra Keller in Louisville, (502) 568-9202; Cathy Martin in Memphis, (901) 579-4102; or Cindy Davis in St. Louis, (314) 444-8761.
Fee schedules for 2006 Federal Reserve Financial Services are now available online at https://www.frbservices.org/servicefees/index.html. The new fees become effective Jan. 3, 2006.
Prices in most of the priced-service areas will remain stable or decline next year, thanks in part to recent Fed initiatives to improve operational efficiencies and reduce costs. Responding to the national trend away from the use of checks and toward more efficient electronic payment alternatives, the Fed continued to introduce and enhance the more efficient electronic products. Price increases affect mainly manual, paper-based payment processing services.
The Federal Open Market Committee has announced its tentative meeting schedule for 2006:
Each meeting date is tentative until confirmed at the meeting immediately preceding it.