Federal Reserve System
Speech by M Moskow, President, Chicago Fed, 10 May
SPEECH - In remarks to the Conference on Bank Structure and Competition Moskow said that at issue is whether banks behave in a manner that tends to accentuate business cycles, and whether bank regulation further augments this volatility.
Speech by Cathy Minehan, Boston Fed Bank, 8 May
SPEECH - In a speech titled 'U.S. Retail Payments: Change, Challenge and Opportunity' Minehan said "the payments system today faces sources of significant change--change in the form of new payments choices by consumers and businesses, driven by the…
Speech by W. McDonough, New York Fed Bank, 14 May
SPEECH - McDonough says in his speech "Improvements in accounting and disclosure practices will help safeguard the proper use of financial derivatives. Transparency not only will provide a healthy incentive for firms to manage their risks prudently but…
Speech by Robert Parry, San Francisco Fed, 14 May
SPEECH - In a speech titled 'After the Recession: A Monetary Policymaker Looks Ahead' Parry predicted higher interest rates at some point, saying the Fed may be "deliberative" as inflation poses no "imminent problem." Excess capacity and rising…
Speech by M Moskow, President, Chicago Fed, 9 May
SPEECH - In opening remarks to the 38th Annual Conference on Bank Structure and Competition Moskow said the two day conference will explore the forces that drive the behavior of financial firms during the business cycle. We also will examine how these…
Stern sees signs business spending picking up
FEATURE - Federal Reserve Bank of Minneapolis President Gary Stern said on Thursday that business spending was starting to pick up and the U.S. economy is on track for moderate growth this year.
Fed's Moskow - lower trade barriers boost growth
US - U.S. policies that reduce barriers to trade will expand employment over the long term, boost incomes and add to economic growth, said Michael Moskow, president of the Federal Reserve Bank of Chicago on Thursday.
Fed's McTeer - US GDP growth slower in Q2 than Q1
US - Dallas Federal Reserve President Robert McTeer said on Thursday he expects U.S. gross domestic product to grow more slowly in the current quarter than in the first three months of the year.
Testimony of Fed Governor Mark Olson, 22 May
SPEECH - Mark Olson gives a speech titled 'The European Union's Financial Services Action Plan' to the Committee on Financial Services, U.S. House of Representatives.
New York Fed's Economic Policy Review, Vol. 8
CONFERENCE - Proceedings of a conference on 'Financial Innovation and Monetary Transmission' sponsored by the Federal Reserve Bank of New York, April 5 and 6, 2001. The overral finding is that financial innovation, the evolving behaviour of firms, and…
Speech by Fed Vice Chairman Roger Ferguson, 21 May
SPEECH - "It does appear that a turnaround is under way and the question obviously is how robust it is going to be for the rest of this year," Ferguson said in answer to a question after giving a speech titled 'Community and Regional Banks: Increasing…
Speech by Fed Reserve Governor Mark Olson, 21 May
SPEECH - Olson said in a speech titled 'A Look at the Banking Industry in 2002' that "We have just concluded more than ten years of economic prosperity, followed by slightly more than one year of recession - a recession that is now behind us," he also…
Fed's Olson: Banking industry is sound
US - Federal Reserve governor Mark Olson on Tuesday said the U.S. banking system is sound, but cautioned that weaknesses could come to light now that the economy has pulled out of recession, the first in a decade.
Testimony of Fed Reserve's, Louise Roseman, 17 May
TESTIMONY - In testimony titled 'The golden dollar coin' to the Subcommittee on Treasury and General Government Roseman describes the Federal Reserve's role in coin distribution and its activities in supporting the golden dollar coin.
Survey of Professional Forecasters
RESEARCH - Federal Reserve Bank of Philadelphia, Survey of Professional Forecasters, Second Quarter 2002, released 21 May.
Outlook for US economy positive - Chicago Fed
US - The U.S. economy is in the midst of a modest rebound from recession, and capital spending, a key driver of growth, is likely to recover in the third or fourth quarter of 2002, said Curt Hunter, the head of research for the Chicago Federal Reserve on…
Speech by Fed Reserve Governor Mark Olson, 17 May
SPEECH - In a speech titled 'Financing Options for Small Business' Olson said that it was known that small business plays a substantial role in the overall economy.
Facing up to a post-Greenspan future
FEATURE - With every change of personnel at the Federal Reserve comes renewed speculation about what the institution will look like once Alan Greenspan, its revered chairman, finally departs.
Dissenters are becoming dying breed at the Fed
FEATURE - It appears the imposing figure of Alan Greenspan at meetings of the US Federal Reserve is more than enough to persuade other members to keep their mouths shut. Report from Bloomberg news agency, New York.
Fed proposes role change as emergency bank lender
US - The Federal Reserve yesterday proposed a change in its capacity as lender of last resort, essentially suggesting that credit markets have more of an influence in determining its lending rate on emergency loans to cash-strapped banks.
AIB signs new risk-control agreement
US - The Federal Reserve Bank of Richmond, the Maryland Commissioner of Financial Regulation and the Central Bank of Ireland have signed a written agreement with Allied Irish Banks, Allfirst Financial and Allfirst Bank setting out the steps to be taken…
Fed's Moskow - Much uncertainty on U.S. recovery
US - Uncertainty lingers over the early shape of the U.S. recovery though the economy is on track for moderate growth and the long-term outlook is good, a Federal Reserve official said on Thursday.
Speech by Fed Vice Chairman Roger Ferguson, 13 May
SPEECH - In a speech titled 'Reflections on Financial Literacy' Ferguson said that financial education is important to ensure U.S. residents enjoy the benefits provided by a market economy to the fullest extent possible.
Speech by A Santomero of Philadelphia Fed, 13 May
SPEECH - Santomero said in the speech titled 'Forces Shaping Philadelphia's Future' that US economic growth is likely to moderate during the second quarter from its robust 5.8 percent first-quarter pace, but that the economy is building a solid recovery.