Federal Reserve Bank of Boston

Boston Fed's Minehan on labour markets

In a speech on 'Labour Markets: What We Know and What We Don't' given on 24 March, Cathy Minehan of the Federal Reserve Bank of Boston said the Federal Reserve should not be so patient about keeping the benchmark interest rate low that it allows…

Big cutback at New York Fed

The New York Fed's Buffalo regional office has announced that it will cut 60 of its 130 jobs in a nationwide restructuring of its retail securities business, officials said on Thursday 18 December.

Boston Fed's Minehan: Inflation pressures low

Cathy Minehan, president of the Boston Fed, said on Tuesday 16 December that the economic recovery seems to be "picking up steam", according to Reuters, and she suggested the Federal Reserve is content to watch the firming economy, without acting on…

Former Boston Fed boss to head Freddie Mac

Richard Syron, president of the Boston Fed from 1989-94 and in charge during the bailout of New England's largest bank, was appointed chief executive and chairman of Freddie Mac on Sunday 7 December.

Fed's Connolly on Preparing for Check 21

In a speech on 'Preparing for Check 21' given on 17 October, Paul Connolly of the Federal Reserve Bank of Boston said that the Check 21 legislation is intended to take some of the costs and delays of paper processing and transportation out of the check…

Minehan on Housing in the Nation & in New England

In a speech on 'Housing in the Nation and in New England' given on 16 October, Cathy Minehan of the Federal Reserve Bank of Boston said despite worries that job losses could hurt the booming housing market, the level of housing investment will likely…

Ferguson at the New England Economic Adventure

In a speech at the opening of the New England Economic Adventure at the Federal Reserve Bank of Boston given on 8 October Roger Ferguson of the Federal Reserve said "While I would like to think that all of the Federal Reserve System's economic education…

Minehan on the New England Economic Adventure

In a speech on the 'Opening of the New England Economic Adventure' given on 8 October Cathy Minehan of the Federal Reserve Bank of Boston said the Boston Fed has had a lengthy involvement in economic education. For years, we have taken groups on tours of…

Minehan on the current state of the US economy

In a speech given on 25 September Cathy Minehan of the Federal Reserve Bank of Boston said the robust growth most analysts expect for this quarter and next seems assured, and that should help sustain the economy next year. "There are downside risks to be…

Boston Fed's Minehan: recovery should be sustained

In her first detailed comments on the economy since March, Federal Reserve Bank of Boston President Cathy Minehan said, according to Reuters, that consumer spending seems to be on pace to grow by 4 percent this quarter, and business spending should…

Fed Reserve Bank of Boston - Annual Report 2002

The Federal Reserve Bank of Boston has published its Annual Report for the year ended 2002. In the report President Cathy Minehan said information learned in 2002 through new Federal Reserve research that the use of checks is declining faster than had…

Cathy Minehan on the economic outlook

In a speech to the Vermont Economic Outlook Conference Cathy Minehan of the Federal Reserve Bank of Boston said the combination of inherent economic resiliency, patience and perspective on all our parts, and a tendency toward more rather than less stable…

Boston Fed's Cathy Minehan on the economic outlook

In a speech to the Boston Economic Outlook Conference Cathy Minehan of the Federal Reserve Bank of Boston said while she expects that the national economy will regain momentum in the second half of the year and that investment, particularly in the…

Minehan on the U.S. Retail Payments System

In a speech on 'Technology and the U.S. Retail Payments System: Challenges and Opportunities' Cathy Minehan of the Federal Reserve Bank of Boston said after September 11, no list of challenges can be complete without mention of the need to continually…

Boston Fed's Minehan urges vigilance on US economy

Cathy Minehan, President of Boston Federal Reserve, said in a speech on Monday 31 March that vigilance will be necessary following a raft of negative economic data, according to a report by Reuters. She also described the risks to the economy from war…

Minehan on the economic outlook

SPEECH - In the speech 'Annual Economic Summit and Outlook' Cathy Minehan of the Federal Reserve Bank of Boston said the recovery was well positioned to continue, moderately but steadily. She emphasised that patience was needed but that the further…

Fedtalk from the Boston Fed, September 2002

PUBLICATION - Financial Services Update of the Federal Reserve Bank of Boston, September 2002. A newsletter about Boston Fed financial services, Fedtalk offers the latest information on check services and electronic delivery systems. The most recent…

Speech by Cathy Minehan, Boston Fed Bank, 9 Sep

SPEECH - In a speech Minehan said U.S. interest rates are low enough to stimulate the economy and bolster consumer spending in a "slow" recovery from recession. "This recovery will stay the course, however bumpy that might be right now," Minehan said to…

Speech by Cathy Minehan, Boston Fed Bank, 8 May

SPEECH - In a speech titled 'U.S. Retail Payments: Change, Challenge and Opportunity' Minehan said "the payments system today faces sources of significant change--change in the form of new payments choices by consumers and businesses, driven by the…

US Judge dismisses claims against BIS, Fed Reserve

US - A federal judge in Boston has dismissed claims of price manipulation a consultant to the Gold Antitrust Action Committee made against the Bank of International Settlements, several leading investment houses and officials of the U.S. Treasury and…

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