Federal Reserve System
Fed official on regulating derivatives markets
Patrick Parkinson, the deputy director of the Federal Reserve's research and statistics department, has told the US Senate how he believes derivatives markets should be supervised.
US lists advanced Basel II qualification rules
The four US regulatory agencies responsible for Basel II have detailed how firms may qualify to use the advanced approaches of the framework.
How to predict global stock returns
Short interest rates and term spreads are fairly robust predictors of stock returns in developed markets, research published by the Federal Reserve finds.
SEC memorandum a short-term fix: Bernanke
The memorandum of understanding (MOU) between the Securities and Exchanges Commission (SEC) and the Federal Reserve, introduced Monday, is only meant to address the short-term issues surrounding the regulation of investment banks, Ben Bernanke, the…
Differences between Fed and ECB overplayed
The divergences between the Fed's dual mandate and the European Central Bank's (ECB) task of maintaining price stability have little impact on policy in the medium- to long-term, notes Ignazio Visco, a deputy director general at the Bank of Italy.
Cleveland Federal Reserve - Annual Report 2007
Policymakers could examine past crises to reveal deeper issues behind recent events, an essay that opens the latest issue of the Cleveland Fed's Annual Report suggests.
Fed on hedge funds resilience
The hedge fund industry is generally robust in the face of different market shocks, finds a new paper from the Federal Reserve.
We must be able to let a Bear go bust: Paulson
Hank Paulson, the US Treasury Secretary, called on Wednesday for a regulatory system that can withstand the failure of a large and complex financial firm.
New York Fed promotes five senior vice presidents
The New York Federal Reserve announced the appointment of five new senior vice presidents and ten vice presidents on Monday.
Fed posts Bear Stearns meeting minutes
The Federal Reserve has made public the minutes of its meetings on the future of Bear Stearns.
Ten trends in large-value payment systems
A new paper published by the New York Federal Reserve highlights ten trends in the development of large value payment systems worldwide.
NY Fed revamps organisational structure
The New York Federal Reserve on Thursday announced a raft of changes that will see the creation of two new groups and the promotion of three officials to the role of executive vice-president.
Fed keeps rates on hold
The Federal Open Market Committee (FOMC) opted on Wednesday to hold rates for the first time since August following a sequence of eight straight cuts.
Fed's Kohn advocates exchange-rate flexibility
Donald Kohn, the vice-chairman of the Federal Reserve, has said that the gains from monetary policy would be better achieved with more exchange-rate flexibility.
Fed should hold rates: IMF
The International Monetary Fund said on Friday that the Federal Reserve should keep rates at 2%.
San Francisco Fed - Annual Report 2007
The San Francisco Federal Reserve in 2007 launched an initiative to help homeowners in hard-hit communities to avoid foreclosure, the institution states in its latest Annual Report.
Boston Federal Reserve - Annual Report 2007
The Boston Federal Reserve focused on researching the problems stemming from subprime mortgages in 2007, the institution's latest Annual Report states.
Fed accused of stalling on Chinese bank licences
Chinese officials have said the Federal Reserve is delaying the approval of banking licences for two of its biggest banks as part of a political ploy.
Fed's Lacker: US may avoid recession
Growth has been slow for 2008, but the US has avoided a recession and the odds of a severe downturn appear to have fallen, said Jeffrey Lacker, the president of Richmond Fed.
Inflation of paramount importance: BoE's Tucker
A senior Bank of England official has underlined the institution's "overriding" commitment to its 2% inflation target.
The Fed on the 1987 crash
The Federal Reserve has assessed its response to the 1987 stock market crash.
Beige Book backs up Bernanke comments
The Federal Reserve's Beige Book indicates the US manufacturing sector is passing on higher input costs to customers.
NY Fed on why the US Treasury auctions bills
The US Treasury began auctioning bills in 1929 to mitigate several flaws in the department's financing structure, research published by the New York Fed reveals.
RBA on why central banks tend towards Fed-set rate
Research by the Reserve Bank of Australia has uncovered why long-term nominal interest rates in a number of inflation-targeting small open economies have tended to be highly correlated with those of the United States.