Federal Reserve Bank of Richmond
Fed’s Lacker issues warning on bloated balance sheet
Jeffrey Lacker says latest round of quantitative easing is unlikely to give a significant boost to the economy and will ‘test the limits of our credibility’
Fed paper finds benefits in card networks’ price discrimination
Study finds the use of linear ad-valorem fees is capable of improving social welfare
High merchant fees may produce sub-optimum payments usage, says Fed paper
Federal Reserve Bank of Richmond working paper finds high merchant fees could be preventing payments markets from maximising consumer welfare
Lacker explains dissenting votes
Jeffrey Lacker, president of the Richmond Fed, explains his dissenting votes during past six FOMC meetings; warns of misinterpretation
Geithner emails to King bring BBA into focus over Libor
Communications between the then president of the NY Fed and the governor of the BoE show 2008 concerns over Libor system; British Bankers' Association was asked to look at recommendations for change
Fed to release historical central banking material
Federal Reserve reveals plans to mark centenary; inventory of historical information about central banking in the US to be created
Richmond Fed paper highlights benefit of debt ceiling
Fed research finds governments can see improvements in fiscal positions when utilising debt ceiling targets
Central bank intervention in credit markets threatens independence, says Fed's Lacker
Richmond Federal Reserve president Jeffrey Lacker says intervention in credit markets diminishes central bank autonomy; CentralBanking.com poll suggests otherwise
Fed Beige Book reveals concern over impact of Japanese tragedy
Federal Reserve releases Beige Book; shows improved economic activity across the US but concern over impact of tragedy in Japan
Regulators misprice assets during interventions: Richmond Fed
Richmond Federal Reserve study investigates the accuracy of monitoring bank assets during regulatory interventions
Richmond Fed’s Lacker on stress test disclosure
Richmond Federal Reserve president Jeff Lacker says appropriate level of stress test disclosure poses serious challenge
Households contributing to recovery: Richmond Fed's Lacker
Richmond Federal Reserve president Jeffrey Lacker says pick-up in consumer spending an indication economic outlook is bright
Richmond Fed’s Lacker on economic outlook for 2011
Richmond Federal Reserve president Jeffrey Lacker says recovery has emerged from soft patch and will grow above trend in 2011
Fed’s Lacker warns of elevated inflation expectations
Richmond Federal Reserve president Jeffrey Lacker says using monetary policy to address unemployment risks permanently elevating inflation expectations
Boston Fed names new first vice president
Boston Federal Reserve appoints Federal Reserve Information Technology vice president Kenneth Montgomery as first vice president
Fed’s Lacker: constructive ambiguity is unworkable
Richmond Federal Reserve president Jeffrey Lacker says fudging tactics over bailouts will be short-lived
Fed’s Plosser calls for rules for crisis-fighting measures
Philadelphia Federal Reserve president Charles Plosser says Fed risks undermining its credibility if it does not provide clear policy rules for the exceptional policy measures seen during the crisis
Beige Book points to gloomy outlook for US economy
Reports from twelve regional Federal Reserve districts add further weight to fears of double dip; say weakness in housing market tempering recovery
Federal Reserve – Beige Book (July 2010)
Federal Reserve’s July Beige Book shows significant improvement in labour markets across five of the United States’ 12 districts
Fed names new regional chairs
Washington-based board announces heads of 12 Federal Reserve banks for 2010; none from banks
Richmond Fed raises the curtain on the “Fed Experience”
Richmond Federal Reserve gears up for opening of its new permanent exhibit; features interactive displays and commentary on major economic events from Ben Bernanke, Paul Volcker
Don’t trust the bloggers on economics: Fed economist
Richmond Federal Reserve’s Kartik Athreya says “extremely low likelihood” that writers who have not taken a year of PhD coursework in a decent economics department can advance the discussion on economics
Richmond Fed's Lacker: poor incentives created financial crisis
Richmond Federal Reserve president Jeffrey Lacker says 'too big to fail' no reason to save creditors
Philly, Cleveland Fed presidents net inflation-busting pay rises
Federal Reserve's Annual Report shows ten out of 12 regional Fed presidents earned above-inflation salary increases