Federal Reserve System
Fed's Kroszner on liquidity and monetary policy
In the speech 'Liquidity and monetary policy' given on 9 March Randall Kroszner of the Federal Reserve said deregulation and financial globalization have led to competition among currencies and kept long-term interest rates down.
Trends in financial market concentration
A study forthcoming in the Federal Reserve Bank of New York's Economic Policy Review concludes that there is no pervasive pattern in the past decade of high or increasing concentration in financial markets.
Federal Reserve Board - Beige Book, March 2007
The Federal Reserve published its March 2007 Beige Book survey on Wednesday 7 March. Several U.S. regions noted slower economic growth in the last weeks of February but price pressures remained little changed despite tight labor markets, according to the…
St Louis Fed's Central Banker, Spring 2007
The St. Louis Fed has published the Spring 2007 edition of its Central Banker magazine. In the Feditorial: 'Expanded mission means a sturdier stool' Bank president Bill Poole examines how the St. Louis Fed has expanded our mission to include two…
Fed's Bernanke on GSE portfolios, systemic risk
In the speech 'GSE portfolios, systemic risk, and affordable housing' given on 6 March Ben Bernanke of the Federal Reserve said large investment portfolios held by mortgage finance companies Fannie Mae and Freddie Mac may imperil the broader economy and…
Greenspan vs. Bernanke: Hold your bets
According to this article, published by BusinessWeek on Thursday 1 March, Alan Greenspan's recent outspokenness is unusual for a former head of the Federal Reserve.
Fed's Warsh on market liquidity
In the speech 'Market liquidity: Definitions and implications' given on 5 March Kevin Warsh of the Federal Reserve said despite last week's sharp drop on Wall Street, the US financial system is healthy and working the way it is designed to work.
Fed's Kroszner on community banks
In the speech 'Community banks: The continuing importance of relationship finance' given on 5 March Randall Kroszner of the Federal Reserve said U.S. community banks are generally healthy and profitable despite tougher competition from larger banks and…
Greenspan sees one-third chance of 07 recession
Former Federal Reserve chairman Alan Greenspan said in an interview with Bloomberg published on Tuesday 6 March that there's a "one-third probability" of a U.S. recession this year and that he is careful not to make life difficult for Ben Bernanke.
Fed's Bernanke on globalization & monetary policy
In the speech 'Globalization and monetary policy' given on 2 March Ben Bernanke of the Federal Reserve said global factors may on balance have boosted U.S. inflation, but globalization has not affected the ability of the Federal Reserve to influence U.S…
No recession coming says St Louis Fed chief
St. Louis Fed president William Poole on Friday 2 March rejected fears that the U.S. economy was heading into a recession, saying that while there "could be a recession," one isn't likely, echoing comments this week by former Fed chairman Alan Greenspan.
Fed's Kohn on the aging workforce
In testimony 'The aging workforce' given on 28 February Donald Kohn of the Federal Reserve said an aging U.S. population will hold down the growth of the labor force, threatening the economy's overall output and the wealth of future generations.
Kansas City Fed's Economic Review, 1st Quarter 07
The first quarter Federal Reserve Bank of Kansas Economic Review includes the article "Communicating a policy path: The next frontier in central bank transparency" which says in the last two decades, central banks have taken a variety of steps to…
Greenspan says US recession possible, not probable
Former Federal Reserve chairman Alan Greenspan said a recession in the U.S. is possible, though not probable this year as excess inventory is being reduced quickly, according to people attending a CLSA Japan Forum in Tokyo Thursday 1 February.
Fed Reserve Bank of St Louis Review, Mar/Apr 2007
The latest edition of the St Louis Fed's Review for March/April 2007 includes an article which examines the association between stock market booms and monetary policy in the United States and nine other developed countries during the 20th century.
Fed's Bernanke on long-term fiscal challenges
In testimony 'Long-term fiscal challenges and the economy' given on 28 February Ben Bernanke of the Federal Reserve said that the administration and federal regulators are closely monitoring financial markets in the wake of the biggest sell-off in stock…
Wall Street still listens to Greenspan
This article published Wednesday 28 February looks at recent comments from Alan Greenspan, saying you would hardly know he had been gone from the Federal Reserve for more than a year, judging from the markets.
Fed's Bies on Basel II implementation in the US
In the speech 'An update on Basel II implementation in the United States' given on 26 February Susan Schmidt Bies of the Federal Reserve said that some parts of the proposed overhaul of U.S. banking rules known as Basel II could be delayed by a year.
Dallas Fed's Fisher 'hopes' inflation may slow
Federal Reserve Bank of Dallas president Richard Fisher said Friday 23 February he remains vigilant on inflation and ``there is hope'' that price indexes may be heading lower.
Chicago Fed Letter, March 2007
The March 2007 edition of the Chicago Fed Letter includes "Global Banking and National Regulation: A Conference Summary" by Cabray L. Haines, former senior associate economist, and Calvin T. Ho, associate economist.
Fed's Kohn on fin stability and managing crises
In the speech 'Financial stability: Preventing and managing crises' given on 21 February Donald Kohn of the Federal Reserve said financial crises are inevitable from time to time and it is vital that the Federal Reserve have a hand in bank supervision to…
FOMC members upbeat on economic outlook
Federal Reserve officials at their January meeting shrugged off past concerns and said the outlook for growth and inflation was looking positive, according to minutes of the meeting released Wednesday 21 February.
Chicago Fed National Activity Index, January 2007
The Chicago Fed National Activity Index for January 2007, published 20 February, was -0.74 in January, down from +0.36 in December. The production and employment indicators showed the most significant change from the previous month, although all four…
Fed's Bies says bad mortgage debt not problem
Federal Reserve governor Susan Bies said in a speech Tuesday 20 February the bulk of the mortgage market was not troubled by bad debt problems, which were concentrated in the subprime, tarnished-credit sector.