Federal Reserve Bank of St Louis
Ex-Fed's Poole: Treasury coercion may hinder plan
The US Treasury's decision to force some banks to participate in its plan to recapitalise America's banks could prove its undoing, warned Bill Poole, a former president of the St Louis Federal Reserve.
Fed deserves praise for online efforts
As the international financial system totters, the Federal Reserve banks are making full use of their websites to keep the public informed, says David Bowen, a senior consultant at Bowen Craggs, web advisers.
Fannie, Freddie to cost US $300bn: ex-Fed's Poole
William Poole, a former president of the St Louis Federal Reserve, has said that saving Fannie Mae and Freddie Mac will cost the taxpayer $300 billion.
The Fed should have followed the shadows: Poole
The US economy would have performed better during the Great Inflation era if the Federal Reserve had implemented the policy of the Shadow Open Market Committee, new research co-authored by William Poole, a former president of the St Louis Fed, finds.
Beige Book signals economy remains weak
The latest edition of the Federal Reserve's Beige Book, which charts business conditions in the 12 districts overseen by the regional Feds, indicates the pace of economic activity remains slow across most of the US.
Domestic inflation influenced by global factors
Common shocks, similar policy reactions, international trade and financial links are significant common components in global inflation rates, finds a new paper from the St Louis Federal Reserve.
Crime and the city
Arrests follow crime, but an increase in arrests does not necessarily lead to a decrease in crime, finds a new paper from the Federal Reserve of St Louis.
St Louis Federal Reserve - Annual Report 2007
A retrospective conversation with William Poole, the outgoing president of the St Louis Federal Reserve, is one of the highlights of the institution's latest annual report.
Fed has little control over rates
The Fed's ability to control short-term interest rates may be greatly exaggerated, research published by the St Louis Fed suggests.
Research deputy to replace Poole at St Louis Fed
James Bullard, the deputy director of research for monetary analysis at the St Louis Federal Reserve, will replace William Poole as the president of the central bank.
Money matters in the US and euro area
A new paper from the Bank of Spain provides structural estimates for money and the natural rate of interest for the United States and the euro area.
Friedman and Taylor held similar views
The differences between the way in which Milton Friedman and John Taylor view the way the economy works are small are small, research published by the St Louis Federal Reserve notes.
Majority of US districts experienced slowdown
The latest edition of the Beige Book reveals two-thirds of regional Federal Reserves reported a softening in the pace of business activity in the first quarter.
Credit crunch set to hamper US lending
US growth could fall by up to 1.5 percentage points over the next year as a result of tighter borrowing conditions, a report prepared for the US Monetary Policy Forum has found. The report also estimates the losses on mortgage securities will total $400…
Poole outlines problems of predicting Fed rates
Attempts by the Federal Open Market Committee (FOMC) to provide forward guidance in the policy statement cause more communications difficulties than they solve, says William Poole, the president of the St Louis Federal Reserve.
Fed's Poole says risk of recession unclear
William Poole, the president of the St Louis Federal Reserve, said on Wednesday that it was still too early to tell whether the housing sector's problems would push the US economy into recession.
Fed minutes: dissenters' views
Eric Rosengren and William Poole, two presidents of regional Federal Reserve's and voting members of the Federal Open Market Committee (FOMC), both disagreed with aspects of the central bank's recent decisions regarding monetary policy and open market…
Bernanke gives gloomy forecast for US growth
Ben Bernanke, the chairman of the Federal Reserve, said on Thursday that the United States economy would slump in the coming months.
Fed unanimously supported 50 basis point cut
All ten members of rate-setting Federal Open Market Committee (FOMC) were in favour of 50 basis point cut, the minutes of the 18 September meeting reveal.
Poole replaced on Fed policy vote
In a surprise development, William Poole, the president of the St Louis Federal Reserve, did not vote on the Federal Open Market Committee (FOMC) policy announcement on recent market volatility.
Latest St Louis Fed Review published
The Federal Reserve Bank of St. Louis has published its May/June issue of its Review, a journal covering national and international economic developments, particularly focusing on their monetary aspects.
Fed Reserve Bank of St Louis Review, May/Jun 2007
The latest edition of the St Louis Fed's Review for May/June 2007 includes an article which uses extensive archival material from several countries, to bring together scattered information about Milton Friedman's views and predictions regarding U.S…
Poole on changing world demographics
In the speech 'Changing world demographics and trade imbalances' given on 16 April William Poole of the Federal Reserve Bank of St. Louis said global imbalances including the US current account deficit are not just a monetary phenomenon.
St. Louis Fed's Poole on understanding inflation
In the speech 'Understanding inflation' given on 2 April William Poole of the Federal Reserve Bank of St. Louis said the reputation and credibility of policymakers on the Federal Reserve Board's interest rate setting FOMC are essential to keeping…