Randall Kroszner

Fed finally gives Basel II the green light

The Federal Reserve Board on Friday approved the American version of the Basel II framework on risk-based capital requirements. It is the last of the Group of Ten countries, which developed the framework, to do so.

Fed's regulatory response to subprime revealed

Better consumer information, rules to address unfair lending practices and a more coordinated enforcement of consumer-protection laws are needed to prevent another subprime crisis, according to the Federal Reserve.

Kroszner on the role of the Fed

Randall Kroszner, a member of the Federal Reserve's Board of Governors, listed the central bank's responsibilities with regard to monetary policy, supervision and consumer protection in a speech on Thursday.

Fed to stay short of two governors

Senate Banking Committee chairman Chris Dodd has no plans to move three pending nominations to the Federal Reserve Board through his committee and onto the Senate floor, he said on 3 October.

Fed's Kroszner on the 1997 Asian crisis

Randall Kroszner, a governor of the Federal Reserve, said that he would "offer some thoughts about ways to analyse and assess the impact of banking crises on real economic activity."

Randall Kroszner testimony

In testimony during his confirmation hearing, Randall Kroszner, a member of the Board of Governors of the Federal Reserve, said the central bank has achieved much success in reducing and stabilising inflation and inflation expectations over the quarter…

US plays catch up on Basel II

The Federal Reserve's Randall Kroszner noted that while many countries are implementing Basel II, US regulators are still finalising the rules.

Fed under fire in Washington over supervision

In spite of the successes of his first 16 months in office, the relations of Ben Bernanke, the chairman of the US Federal Reserve, with the American Congress are deteriorating as the country's central bank is threatened with having some of its authority…

Kroszner on risks and outlook for US economy

Economic growth will in the US pick up through 2007, rising to close to potential by 2008, said Randall Kroszner, a member of the Board of Governors, at the spring meeting of the IIF in Athens, adding that the risks to the inflation outlook are primarily…

Fed's Kroszner on globalization & capital markets

In the speech 'Globalization and capital markets: Implications for inflation and the yield curve' given on 16 May Randall Kroszner of the Federal Reserve said the ease that investors can move money around the globe has spurred a "currency competition"…

Fed's Kroszner on international capital flows

In the speech 'International capital flows and the emerging market economies' given on 15 May Randall Kroszner of the Federal Reserve said developing nations are hurt over time by capital outflows to industrialized economies and should improve their…

Fed's Kroszner on the future of payments

In the speech 'The future of payments: Challenges and opportunities' given on 10 May Randall Kroszner of the Federal Reserve said the rapid switch by consumers and businesses to electronic banking poses a new tradeoff between security and convenience.

Fed's Kroszner on innovations in credit markets

In the speech 'Recent innovations in credit markets' given on 22 March Randall Kroszner of the Federal Reserve said fast-growing credit derivative markets have helped spread risks more widely but have not made them disappear.

Fed's Kroszner on changing dynamics of inflation

In the speech 'The changing dynamics of inflation' given on 12 March Randall Kroszner of the Federal Reserve said the Federal Reserve cannot be complacent about inflation and would act if currently benign inflation expectations change.

Fed's Kroszner on community banks

In the speech 'Community banks: The continuing importance of relationship finance' given on 5 March Randall Kroszner of the Federal Reserve said U.S. community banks are generally healthy and profitable despite tougher competition from larger banks and…

Fed's Kroszner on conquest of worldwide inflation

In the speech 'The conquest of worldwide inflation: Currency competition and its implications for interest rates and the yield curve' given on 16 November Randall Kroszner of the Federal Reserve said better performance by central banks around the world…

IMF seminar on monetary and financial law

The IMF will hold its 2006 Seminar on Current Developments in Monetary and Financial Law at the IMF headquarters on 23-27 October. The theme of the seminar will be Law and Financial Stability. Federal Reserve governor Randall Kroszner will deliver the…

Fed's Kroszner on productivity growth

In the speech 'What drives productivity growth? Implications for the economy and prospects for the future' given on 27 September Randall Kroszner of the Federal Reserve said that strong U.S. productivity growth since the mid-1990s seemed set to persist…

FMC report shows Fed governors get richer

The Federal Reserve Board's governors have grown steadily richer in the last year as President George Bush's appointments have reshaped the board of governors, research by the Financial Markets Center shows.

Comment: Wanted: experienced US central banker

The perception of a "Fed in flux" has been strengthened by the departure of two more senior officials. With the unprecedented rate of turnover in personnel, the Fed now appears somewhat short of experience. Chairman Ben Bernanke's job could be made…

Fed's Kroszner on why yield curves are so flat

In the speech 'Why are yield curves so flat and long rates so low globally?' given on 15 June Randall Kroszner of the Federal Reserve said lower perceived risks of inflation around the world have contributed to lower long-term interest rates.