Federal Reserve Bank of St Louis
St Louis Fed's Central Banker, Fall 2005
The St. Louis Fed's Central Banker magazine for Fall 2005 has been published. In the latest edition Julie Stackhouse, senior vice president of Banking Supervision and Regulation, shares her thoughts about why lenders should engage in prudent risk…
Fed Reserve Bank of St Louis Review, Sep/Oct 2005
The latest edition of the St Louis Fed's Review for Sep/Oct 2005 includes an article "Targeting versus instrument rules for monetary policy" which advances arguments that contradict all of the four objections forwarded in Lars Svensson's 2003 paper on…
Poole: After Greenspan Whither Fed Policy?
In the speech 'After Greenspan: Whither Fed Policy?' given on 6 July, William Poole, President of the Federal Reserve Bank of St. Louis, said Alan Greenspan's eventual successor faces a stiff credibility test from markets but could ease the transition by…
St Louis Fed's Regional Economist, July 2005
The Regional Economist, July 2005 edition, from the St Louis Fed includes the article "Do we have a saving crisis?" Theoretically, the decline in saving jeopardizes the US economy because savings are lent to businesses for investment. In reality, the US…
Fed Reserve Bank of St Louis Review, Jul/Aug 2005
The latest edition of the St Louis Fed's Review for Jul/Aug 2005 includes the proceedings from the 29th economic policy conference of the Federal Reserve Bank of St. Louis, "Productivity, labor, and the Business Cycle."
Fed's Poole on the term structure of interest rate
In the speech 'Understanding the term structure of interest rates' given on 14 June, William Poole of the Federal Reserve Bank of St. Louis said long-term interest rates have stayed steady in the face of rising short-term rates because the economy, and…
St Louis Fed's Central Banker, Summer 2005
The St. Louis Fed's Central Banker magazine for Summer 2005 has been published. The latest edition includes an article by Julie Stackhouse, senior vice president of Banking Supervision and Regulation, who shares her thoughts about how community bankers…
Fed rate increases appropriate says Poole
A top Federal Reserve officials said on Wednesday the Fed was correct to raise interest rates gradually because recent indications of an economic soft spot are misguided.
Fed Reserve Bank of St Louis Review, May/June 2005
The latest edition of the St Louis Fed's Review for May-June 2005 includes the articles "Monetary policy and commodity futures" and "Using implied volatility to measure uncertainty about interest rates".
Fed Reserve Bank of St Louis Review, Mar/Apr 2005
The latest edition of the St Louis Fed's Review for March-April 2005 includes an article by Allan Meltzer "Origins of the Great Inflation". The Great Inflation from 1965 to 1984 is the climactic monetary event of the last part of the 20th century. The…
Poole warns not to expect predictable rate rises
A top Federal Reserve policy-maker said on Tuesday 19 April that US inflation prospects are good but markets should not expect a re-run of last year's predictable pattern of interest rate rises.
St Louis Fed's Regional Economist, April 2005
The Regional Economist, April 2005 edition from the St Louis Fed includes the article "The trickle-down effect of Basel II" which says the new banking accord could make survival for some regional and community banks more difficult. Also included is "So…
St Louis Fed's Poole on current account balances
In the speech 'A perspective on the graying population and current account balances' given on 8 March William Poole of the Federal Reserve Bank of St. Louis said aging populations and shrinking workforces in Japan and Europe may help reduce the U.S…
Fed's Poole: How should the Fed communicate?
In the speech 'How should the Fed communicate?' given on 2 April William Poole of the Federal Reserve Bank of St. Louis said U.S. growth is strong and the Federal Reserve must ensure it confronts the risk of higher inflation.
St Louis Fed's Central Banker, Spring 2005
The St. Louis Fed's Central Banker magazine for Spring 2005 has been published. The latest edition contains an article which reports that for the first time in history, Americans are favouring electronic payments in greater dollar amounts than checking…
St Louis Fed's Poole on pension systems
In a speech on 'Demographic challenges to state pension systems around the world' given on 24 February, William Poole of the Federal Reserve Bank of St. Louis said the United States must make "hard choices" if it is to fix its Social Security retirement…
Fed Reserve Bank of St Louis Review, Mar/Apr 2005
The latest edition of the St Louis Fed's Review for March-April 2005 includes the article "Communication, transparency, accountability: Monetary policy in the twenty-first century" by Otmar Issing. The issue also includes a paper by Ellen Meade titled …
Poole on The outlook: Mississippi and the nation
In a speech on 'The outlook: Mississippi and the nation' given on 20 January, William Poole of the Federal Reserve Bank of St. Louis said US price pressures appear well controlled, but the Federal Reserve will move aggressively to protect low inflation…
St Louis Fed's Poole on GSE risks
In a speech on 'GSE risks' given on 13 January, William Poole of the Federal Reserve Bank of St. Louis said Fannie Mae and Freddie Mac should be required to hold more capital to cushion against shocks, even ones that seem unlikely.
St Louis Fed's Regional Economist, January 2005
The Quarterly Review of Business and Economic Conditions, The Regional Economist, January 2005 edition from the St Louis Fed includes the article "What is driving oil prices?" which looks at the recent rise in oil prices and asks how much has speculation…
Fed Reserve Bank of St Louis Review, Jan/Feb 2005
The latest edition of the St Louis Fed's Review for January-February 2005 includes a re-publication of William Poole's speech "FOMC Transparency". Also included is an article on "The diffusion of electronic business in the United States" which provides a…
St Louis Fed's Central Banker, Winter 2004
The Winter 2004 edition of the St. Louis Fed's Central Banker magazine has been published. In the Feditorial, St. Louis Fed President Bill Poole announces several interactive features that facilitate debates and discussions on issues important to its…
Fed's Poole on maintaining financial stability
In a speech on 'Maintaining financial stability: A central banker's perspective' given on 27 November, William Poole of the Federal Reserve Bank of St. Louis said central banks should not respond to every wiggle from inflation as they seek steady prices…
US core inflation modest says Fed's Poole
Federal Reserve Bank of St. Louis president William Poole said on Saturday 27 November that US core inflation is modest and the direct effect of the dollar's drop on prices has not been enormous.