Minneapolis

Interview with Minneapolis Fed's Gary Stern

In an interview with MarketWatch conducted on Friday 3 March, Minneapolis Fed president Gary Stern said he supports a formal inflation target to "lock in" current good policy practices, but he doesn't see any urgency in making changes. Stern also gave an…

'The Region' from the Minneapolis Fed, Sep 2005

The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for September 2005. The article "Payments system issues and challenges" asks why the market, not the Fed, is the prime mover in the U.S. payments system. The latest…

US payment system working well says Fed's Stern

The US payments system appears to be working well and there is no need for the Fed to significantly alter its role, Minneapolis Federal Reserve President Gary Stern said on Thursday 29 September.

Minneapolis Fed's Stern on payments system issues

In the speech 'Payments system issues and challenges' given on 15 June, Gary Stern of the Federal Reserve Bank of Minneapolis said there is no doubt that payments system change continues apace.

Minneapolis Fed's Stern on 'Too big to fail'

In the speech 'Too big to fail' given on 2 June, Gary Stern of the Federal Reserve Bank of Minneapolis said too big to fail (TBTF) is an important public policy issue and one which has received insufficient attention to date.

Fed's Stern sees US rate rises continuing

Federal Reserve Bank of Minneapolis President Gary Stern sees no reason for the Federal Reserve to stop raising interest rates now as the economy expands at a desirable pace, a Japanese newspaper reported on Monday 20 June.

'The Region' from the Minneapolis Fed, Jun 2005

The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for June 2005. It includes the article by Gary Stern "Formalizing the success of past policy" on the promise of an inflation targeting framework for achieving long…

Minneapolis Fed: Avoiding monetary policy mistakes

The Federal Reserve Bank of Minneapolis Quarterly Review December 2004 article 'Avoiding significant monetary policy mistakes' by Gary Stern and Preston Miller deduces properties of optimal monetary policies based on modern theory and standard empirical…

Core inflation low, US economy good says Stern

Minneapolis Federal Reserve President Gary Stern provided an upbeat assessment of the US economy in a speech on Thursday 10 February, saying core inflation remains low and that the economy should grow at a 3.5 per cent to 4.0 per cent range.

'The Region' from the Minneapolis Fed, Dec 2004

The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for December 2004. In "The private and public risks of banking" Gary Stern warns that banking policy continues to shift too much risk taking onto the public. The…

Fed's Stern says data won't change Fed tack

Minneapolis Federal Reserve President Gary Stern said on Friday 8 October in an interview that the weaker than expected gains in the labour market are not enough to change the Fed's plan to gradually raise interest rates.

'The Region' from the Minneapolis Fed, Sep 2004

The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for September 2004. In "An Economist's Viewpoint" Gary Stern speaks on the value of economics in understanding current policy controversies. The article "A Fork in…

'The Region' from the Minneapolis Fed, June 2004

The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for June 2004. The issue includes 'Prospects for economic expansion' in which Gary Stern speaks on the concepts of resilience, flexibility and productivity. In …

Fed's Stern sees no pick-up in inflation

Minneapolis Fed President Gary Stern said on Friday 21 November that if US inflation remains low, which he thinks it will, interest rates can also remain low, according to a Reuters report. "I don't expect to see any material acceleration of inflation…

'The Region' : Minneapolis Fed September 2003

The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for September 2003. The issue includes an interview with Allan H. Meltzer, author of A History of the Federal Reserve and architect of the Shadow Open Market…

Fed should focus on systemic risk from banks-Stern

Minneapolis Fed President Gary Stern said in an article on regulatory reform this week that "Risk is not evenly distributed across banks", according to a report from Reuters, and that the largest banks, or those focused on payments system processing,…

Minneapolis Fed president upbeat about economy

Gary Stern of the Minneapolis Fed said he thinks there is a low probability of deflation in the US, but would not rule it out, according to Associated Press. The problem in Japan, he said, is inadequate growth of the money supply and allocation of too…

Fed Res Bank of Minneapolis - Annual Report 2002

The Federal Reserve Bank of Minneapolis has published its Annual Report for the year ended 2002. The Annual Report contains an article 'Between Two Worlds How Do Credit Markets Work? - An investigation into credit availability in the Minneapolis-St. Paul…

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