Federal Reserve System
Punchbowl didn't need re-spiking: Fed's Fisher
Using a barrel of alcohol-related comparisons, Richard Fisher, the president of the Dallas Federal Reserve, explained why he was the only member of the Federal Open Market Committee not to back the recent 50 basis point cut.
Noyer's lonely moment
Robert Pringle, the editor of Central Banking journal, speculates on what kind of questions went through the mind of Christian Noyer, governor of the Banque de France, when he first learned of the Societe Generale disaster.
Fed's Yellen gloomy on inflation
Janet Yellen, the president of the San Francisco Federal Reserve, has expressed concern over recent developments in inflation in the United States.
Late-afternoon Fedwire surge explained
The New York Fed finds three reasons for why an increasing number of payments are processed through the Fedwire funds transfer system in late afternoon.
Fed's Plosser on the limits of monetary policy
Monetary policy is not the solution to all economic ills, said Charles Plosser, the president of the Philadelphia Federal Reserve.
Inflation differences bother Fed's Lacker
Jeff Lacker, the president of the Richmond Federal Reserve, said he was troubled by the lengthy divergence between overall and core inflation in the United States.
Loan approvals down, conditions tighten: Fed poll
Borrowers in the US face rising costs and tougher conditions for loans, a survey published by the Federal Reserve on Monday shows.
Compliance key for subprime solution
The Federal Reserve's planned rule to aid subprime homeowners must be effectively enforced if it is to be successful, said Randall Kroszner, the governor of the Federal Reserve responsible for supervision.
Repo growth a good indicator of liquidity
The growth rate of repurchase agreements may be a useful measure of liquidity in a market-based financial system, research published by the New York Federal Reserve finds.
Fed to add another $60 billion in February
The Federal Reserve said on Friday that it will inject an extra $60 billion into the money markets through two term-auction facility operations.
Fed faces uncertain times and difficult decisions
Stephen Cecchetti, the Rosenberg professor of global finance at the Brandeis International Business School, discusses why the outlook for the United States economy is so hard to call and if the Federal Reserve was right to cut rates.
Joint rate moves have little benefit
The gains from monetary policy coordination in the United States and the eurozone are small, research published by the European Central Bank finds.
Fed profits up 13%
The Federal Reserve System was $38.6 billion in the black for 2007.
Fed cuts rates by half a point
The Federal Open Market Committee voted on Wednesday to lower rates by 50 basis points to 3%.
Markets expect half-point cut from Fed
The majority of analysts expect the Federal Reserve to cut rates by a further half-a-percentage point on Wednesday.
Fed auction reveals relative interbank calm
Money market tensions in the United States showed further signs of abating on Tuesday as the Federal Reserve published the results of its latest Term Auction Facility operation.
The role of human error in the yield curve
Investors' systematic forecast errors are an important source of business-cycle variation in measured risk premia, research published by the Atlanta Federal Reserve finds.
European and US markets fall despite Fed cut
Stocks listed on European and US bourses continued to slide on Wednesday, following the Federal Reserve's emergency 75 basis point cut on Tuesday.
Norway keeps rates at 5.25%, warns on prices
The Bank of Norway's rate-setting board on Wednesday left its key policy rate unchanged at 5.25%, despite concern over inflation.
Banks must be scolded, not helped, by the Fed
Monetary and regulatory policy should be about reinforcing solid conduct in financial markets and punishing bad behaviour. But the recent rate cut from the Fed does little of the sort, says Avinash Persaud, the chairman of Intelligence Capital, a…
Fed slashes rates by 75 basis points
The Federal Open Market Committee (FOMC) on Tuesday lowered rates by 75 basis points to 3.5%, the biggest cut since autumn 1984.
Canada cuts rates by 25 basis points to 4%
The Bank of Canada's rate-setting board opted on Tuesday to lower its benchmark overnight rate by 25 basis points to 4%.
Bank governance strengthened by independence
Independent directors at commercial banks can provide an important internal governance mechanism for protecting shareholders' interests especially in large-scale transactions such as mergers and takeovers, research published by the Kansas City Federal…
Tony Solomon, former NY Fed president, dies
Anthony M. Solomon, a former president of the Federal Reserve Bank of New York, died last Friday, at the age of 88.