Federal Reserve System
Markets misunderstand testimony says Bernanke
Federal Reserve chairman Ben Bernanke believes that the media and the markets have misinterpreted his words last week as a signal that the Fed would stop after one more rate hike, according to CNBC anchor Maria Bartiromo on Monday 1 May.
Bernanke delivers 'There may come a time' speech
According to this article published on Friday 28 April , Fed chairman Ben Bernanke has given his version of Greenspan's "there may come a time" speech, suggesting the Fed could pause in its campaign to raise rates.
Fed's Bies on enterprise risk management
In the speech 'A bank supervisor's perspective on enterprise risk management' given on 28 April Susan Schmidt Bies of the Federal Reserve said the fast growth in commercial real estate lending by U.S. banks could lead to problems somewhere down the road.
Fed's Kohn on business capital spending
In the speech 'Business capital spending' given on 27 April Donald Kohn of the Federal Reserve said solid business investment should prevent U.S. economic growth from easing too abruptly as the housing sector slows.
We hardly knew ye, conundrum; Now you're gone
According to this article published on Thursday 27 April, once Alan Greenspan was no longer around to articulate hypothetical explanations for the long-rate conundrum, it vanished with the former Fed chairman.
Federal Reserve Board - Beige Book, April 2006
The Federal Reserve published its April 2006 Beige Book survey on 26 April. U.S. economic activity continued to expand across the country in March and the first half of April, but higher energy prices put pressure on costs, the report said.
Nacha honours Fed vice chairman Roger Ferguson
The Electronic Payments Association will present its 2006 George Mitchell Payments System Excellence Award to Roger Ferguson, Vice Chairman of the Federal Reserve, who is completing his service to the Federal Reserve and the U.S. payments system on 28…
Fed's Bernanke on the outlook for the U.S. economy
In testimony 'Outlook for the U.S. economy' given on 27 April Ben Bernanke of the Federal Reserve said that rising energy prices jeopardize a currently strong economy.
Bernanke prods Fed to review communication
According to the article "Bernanke prods Federal Reserve to review communication strategy" published on Wednesday 26 April , the Federal Reserve is preparing a comprehensive communication review. The examination will take months and seek a consensus…
How/why do consumers choose their payment methods?
In this Kansas City Fed RWP Stacey Schreft takes a detailed look at the state of research on this subject, where research needs to go, and why such research is important for monetary policymakers and banking regulators.
Philadelphia Fed Business Outlook Survey, Apr 2006
According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, April 2006, activity in the region's manufacturing sector continues to expand.
Language: Breaking the code of the Fed
This article published on Monday 24 April sets out to decipher the language of the Federal Reserve System, otherwise known as the House of Hints, it says.
Bernanke on community economic development
In the speech 'By the numbers: Data and measurement in community economic development' given on 20 April Ben Bernanke of the Federal Reserve said more and better data about low-income communities are needed to advance development in those areas.
Interview with Fed's Roger Ferguson
In an interview published on Friday 21 April, Federal Reserve Vice Chairman Roger Ferguson said if there were a sense that the economy was at great risk, he would not want to leave the Fed.
Philadelphia Fed Business Outlook Survey, Mar 2006
According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, March 2006, activity in the region's manufacturing sector continues to grow in March.
Can the new Fed keep eyes off rear-view mirror?
According to this article published Thursday 20 April, the minutes from the last FOMC meeting, released on Tuesday 18 April, had something old, something new -- and something borrowed from former Fed Chairman Alan Greenspan.
Interactive access to Fed statistical data
The Federal Reserve Board on Wednesday 19 April announced its new Data Download application, which provides interactive access to Federal Reserve statistical data in a variety of electronic formats.
Fed's Fisher says economy in a sweet spot
Federal Reserve Bank of Dallas President Richard Fisher said on Wednesday 20 April that the U.S. economy can cope with a housing slowdown and that the effect of oil prices on inflation had been manageable.
Fed's Olson: Update on the U.S. economy
In the speech 'Update on the U.S. economy' given on 13 April Mark Olson of the Federal Reserve said a low unemployment rate and high rates of resource use did not so far seem to be combining to push underlying inflation up.
Fed to consolidate payments system committees
The Federal Reserve Board announced on Wednesday 19 April the consolidation of two internal advisory committees on payments system matters.
Fed's Kohn on the economic outlook
In the speech 'Economic outlook' given on 13 April Donald Kohn of the Federal Reserve said the U.S. central bank was focused on keeping inflation curbed though he anticipates the pace of economic growth will ease in coming months.
Ferguson on financial stability & central banking
In the speech 'Thoughts on financial stability and central banking' given on 17 April Roger Ferguson of the Federal Reserve said asset price volatility may have increased in recent years as real economic shocks have moderated, but central banks should…
Transparency, expectations, and forecasts
Since 1994 the Federal Open Market Committee has increased the transparency about its economic outlook. This paper from the Federal Reserve Bank of Atlanta investigates whether this transparency has helped private agents improve their economic forecasts.
Fed comments and data point to one more increase
According to this article published on Tuesday 18 April, recent comments from Federal Reserve officials and the latest economic data continue to suggest that the cycle of US interest rate increases will come to an end next month.