Thomas Hoenig

Hoenig: US economy will "weather this storm"

Thomas Hoenig, the president of the Kansas City Federal Reserve and the only member of the Federal Open Market Committee to vote against the 31 October rate cut, said that he thought the effects of the credit crunch were unlikely to spread very far.

Papers for Kansas Fed payments event

Non-banks are becoming increasingly prominent in payments systems around the world. The three-day conference look at the implications of this heightened presence for innovation, competition and risk.

Kansas Fed's Hoenig on competitive capital levels

In the speech 'Ensuring adequate and competitive capital levels in a rapidly changing banking environment' given on 5 February Thomas Hoenig of the Federal Reserve Bank of Kansas City said for new capital standards and the remainder of our supervisory…

Kansas Fed's Hoenig on monetary policy in 2007

In the speech 'The national economy and monetary policy in 2007' given on 19 January Thomas Hoenig of the Federal Reserve Bank of Kansas City said there has been a discrepancy lately between the views of FOMC members, as summarised in the Committee's…

Fed's Hoenig: This time it's different (or is it?)

In the speech 'This time it's different (or is it?)' given on 30 October Thomas Hoenig of the Federal Reserve Bank of Kansas City said conditions today are good: strong earnings, good asset quality, no bank failures in more than two years.

Hoenig on monetary policy, economic outlook

In the speech 'Monetary policy and the economic outlook' given on 3 October Thomas Hoenig of the Federal Reserve Bank of Kansas City said U.S. economic growth looks set to soften as 2006 nears an end, but strong business investment should prevent any…

Fed's Hoenig says lags slowing rate impact

Kansas City Federal Reserve Bank President Thomas Hoenig said on Wednesday 27 September that the impact of previous interest rate increases has not been fully felt yet and must be considered by the FOMC at future meetings.

Hoenig on the strength of the Federal Reserve

In the speech 'Twelve Banks: The strength of the Federal Reserve' given on 15 September Thomas Hoenig of the Federal Reserve Bank of Kansas City said it was legitimate to question the U.S. central bank's decentralized structure, but he argued the system…

Kansas Fed's Hoenig on the economic outlook

In the speech 'The economic outlook and monetary policy: Challenges in the period ahead' given on 19 July Thomas Hoenig of the Federal Reserve Bank of Kansas City said monetary policy is "somewhat restrictive".

Fed's Hoenig says too soon to be behind curve

Kansas president Thomas Hoenig said on Tuesday 6 June that monetary policy acts with a lag and, as a result, it was premature to say the U.S. central bank was "behind the curve" in raising interest rates.

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