Federal Reserve Bank of St Louis
St Louis Fed's Central Banker, Winter 2003
The Winter 2003 edition of the St. Louis Fed's Central Banker magazine has been published. The latest issue carries a report on Check 21 which, it says, will speed up and simplify check processing. The Winter edition also reveals why the Bank is…
St Louis Fed's Regional Economist, January 2004
The Quarterly Review of Business and Economic Conditions, The Regional Economist, January edition from the St Louis Fed includes the article "Another jobless recovery" which asks whether the U.S. economy is undergoing fundamental changes.
Poole: Perspective on U.S. International Trade
In a speech on 'A Perspective on U.S. International Trade' given on 19 November, William Poole of the Federal Reserve Bank of St. Louis said free trade is a policy that increases economic well being for a country as a whole. Specialization and exchange…
Fed's Poole: Monetary Policymaker's Perspective
In a speech on 'A Monetary Policymaker's Perspective' given on 21 November, William Poole of the Federal Reserve Bank of St. Louis said a theme running through the Monetary History is role of inflation in the business cycle. The Federal Reserve has…
Poole on U.S. International Capital Flows
In a speech on 'A Perspective on U.S. International Capital Flows' given on 14 November, William Poole of the Federal Reserve Bank of St. Louis said the forces driving the U.S. capital account represent a persistent, but ultimately temporary, process…
St Louis Fed to lose over 130 staff
President of the St Louis Fed, William Poole, has said that the bank plans to close its Louisville branch next year, according to The Courier Journa, with staff numbers of 140 reduced to less than ten. The branch will maintain a board of directors in…
Data to determine when rates will rise-Fed's Poole
St. Louis Federal Reserve Bank President William Poole said on Wednesday 19 November that new economic data would determine when U.S. interest rates eventually rise. He suggested he was comfortable with the current market view of when the federal funds…
Metcalfe named chair of St. Louis Fed's Board
The Federal Reserve Bank of St Louis has named Walter Metcalfe Jr. as chairman of its Board of Governors, with effect from 1 January 2004, reports the St Louis Business Journal. Gayle Jackson has been named deputy chair.
Fed Reserve Bank of St Louis Review, Nov/Dec 2003
The latest edition of the St Louis Fed's Review for November-December 2003 includes an article by St Louis Fed President William Poole "Fed Transparency: How, Not Whether", "Burgernomics: A Big Mac Guide to Purchasing Power Parity", and "Banking…
Poole on Economic Growth & the Real Interest Rate
In a speech on 'Economic Growth and the Real Rate of Interest' given on 14 October, William Poole of the Federal Reserve Bank of St. Louis said his best guess is that the current stance of policy makes adequate allowance offsetting the risk that the…
Inflation target could insulate Fed, Poole says
St. Louis Fed President William Poole said on Thursday 16 October that the Federal Reserve should adopt a target for an acceptable level of inflation in part to insulate itself from political pressures. He was speaking at the start of a two-day…
Japan shows quantitative easing works- Fed's Poole
St Louis Fed president William Poole said in the latest edition of the Regional Economist publication, reported by Reuters, that "Japan showed us that a central bank has more than one tool to work with", although many thought Japan had run out of…
Poole on Self-Regulation in Pension Systems
In a speech on 'The Role of Self-Regulation and Voluntary Compliance Incentives in the Design of Pension Systems' William Poole of the Federal Reserve Bank of St. Louis said the United States does not have a perfect pension system. Indeed, the system…
Fed's Poole says US econ prospects superb
St Louis Fed president William Poole said on Wednesday 24 September, according to Reuters, "I am optimistic about the U.S. economy. The recent performance of productivity has been stunning." Asked if he feared an impact on the market for U.S. Treasury…
St Louis Fed's Central Banker, Fall 2003
The Fall 2003 edition of the St. Louis Fed's Central Banker magazine has been published. The latest issue carries a report on what community bankers said at a recent meeting with the St. Louis Fed and other regulatory agencies on reducing regulatory…
Fed economist- Inflation target brings credibility
St. Louis Fed economist William Gavin said on Monday 15 September that a formal inflation target would not be a big constraint on the Fed's freedom to set monetary policy and that the U.S. central bank's current commitment to keeping inflation stable was…
Poole on Fed Transparency: How, Not Whether
In the speech 'Fed Transparency: How, Not Whether' given on 21 August William Poole of the Federal Reserve Bank of St. Louis said transparency is a worthy goal, but improving transparency is hard work. "My thinking is still evolving, but one thing I know…
Poole on housing in the macroeconomy
In the speech 'Housing in the Macroeconomy' William Poole of the Federal Reserve Bank of St. Louis said the US has enjoyed many years of a rising stock of residential capital. Moreover, dwellings have increased in average size and quality. The nation's…
Fed Reserve Bank of St Louis Review, Jul/Aug 2003
The latest edition of the St Louis Fed's Review for July-August 2003 includes proceedings of the Twenty-Seventh Annual Economic Policy Conference of the Federal Reserve Bank of St Louis. The Review includes articles titled "The Real Effects of U.S…
St Louis's Central Banker, Summer 2003
The Summer 2003 edition of the St. Louis Fed's Central Banker magazine has been published. The latest issue carries a feature about the St Louis Fed's "There's a Lot to Learn about Money" campaign. The Fed and the Treasury are once again teaming up to…
Fed Reserve Bank of St Louis - Annual Report 2002
The Federal Reserve Bank of St Louis has published its Annual Report for the year ended 2002. In his message President William Poole described the previous year as a good one for the St. Louis Fed, in almost all regards.
Fed can push harder against deflation- Fed's Poole
St. Louis Fed President William Poole told Reuters in an interview that the Federal Reserve "can push harder" if necessary to prevent a deflationary spiral from happening.
Poole on US labour market and economic growth
In a speech on 'The Labor Market and Economic Growth' William Poole of the Federal Reserve Bank of St. Louis said the US has the potential to grow substantially over the next several years, and that a major part of that growth will come from growth of…
Poole on booms and recessions
In the speech 'Booms, Recessions, and the Economically Disadvantaged' William Poole of the Federal Reserve Bank of St. Louis said I hope soon but do not know for sure, the economy will be expanding again and employment will grow. The U.S. Economy is…