Federal Reserve System
SF Fed's Yellen says low rates appropriate
San Francisco Federal Reserve president says Fed can rely on interest on reserves to keep balance sheet large
Casino gambling and the economy: a review
Philadelphia Federal Reserve research covers literature on the impact of gambling on communities
New York: US recovery setback by unemployment figures
New York Fed president William Dudley describes sluggish recovery growth related to high unemployment
Lacker: Fed needs to offload risky assets first
Richmond Fed President tells audience MBS sales would reduce distortions in asset prices.
Fed's Tarullo sceptical over contingent capital
Federal Reserve's Daniel Tarullo highlights drawbacks of contingent capital forming part of new regulatory framework
Philly Fed study shows capital income tax should be nullified
Research links preferential tax treatment offered to homeowners with capital income tax
Fed to lose monetary affairs chief
Monetary affairs director Brian Madigan plans to retire later this year, he is succeeded by deputy director William English
Minneapolis Fed: US relies on large firms for productivity gains
Study shows employment distribution important factor in productivity of US firms
SF Fed: crisis showed simple policy rules more effective
San Francisico Fed paper reaffirms strength of simple policy guideline to monetary policy but stresses need for international framework
NY Fed's Dudley demands new bubble-bursting tools
New York Fed president calls for a judgment-based approach to dealing with asset price bubbles
Plosser, not Bernanke, the biggest market mover
Philadelphia Fed president Charles Plosser had the largest impact on treasury yields with his speeches last year according to leading consultancy
Kansas City Fed Letter
April Fed Letter focuses on role of community banks, card payments systems and agriculture based lending
Bernanke: Fed needed more tools to confront crisis
Federal Reserve’s Bernanke expresses distaste at decisions made during the crisis to a Dallas crowd
Jilted bondholders can attack Argentine central bank’s assets: US court
US judge decrees central bank and government one entity and breaks dam guarding assets from unpaid creditors; central bank expected to appeal ruling
Hoenig calls for Fed to lean against the wind
Kansas City Fed president challenges fundamental tenet of Greenspan-era central bank
Philly Fed: US export growth could have been greater in the 90’s
Philadelphia Federal Reserve study finds that movement of labour to smaller firms prevented greater export growth
Fed minutes note pickup in labour, credit conditions
Minutes of the Federal Open Market Committee’s last meeting acknowledge signs of life in the US economy, but Kansas chief Thomas Hoenig dissents on low rates pledge
Greenspan deflects blame during heated testimony
Former Federal Reserve chairman Alan Greenspan defends record but accepts some criticism
Greenspan defends position on free market
Former Fed Chairman deflects criticism over adherence to Ayn Rand's views on laissez-faire capitalism
Interview: Hervé Ferhani
Hervé Ferhani, a deputy director at the IMF, discusses how the role of central banks will change post crisis
NY Fed displays Maiden Lane holdings
New York Fed opens up on holdings of Bear Stearns and AIG bailout vehicles, provides details to improve access to information
Fed’s Duke warns community banks are under threat
Governor Elizabeth Duke highlights some of the dangers posed by troubled real estate markets on community banks
British bonds rest on “a bed of nitroglycerine”: Pimco chief
Head of biggest bond fund sees investors penalising gilts as British attachment to quantitative easing stirs worry that government seeks to inflate debt away
Richmond Fed appoints new head of supervision
Jennifer Burns succeeds Malcom Alfriend as senior vice-president at Richmond Fed