Federal Reserve System
Fed Ferguson - Timing of recovery still uncertain
US - US Federal Reserve Vice Chairman Roger Ferguson said US data had moved to be more mixed than negative but it was too early to pinpoint the timing of an economic recovery.
Federal Reserve Press Release
PRESS RELEASE - 3 January 2002. Susan Schmidt Bies and Mark W. Olson were formally sworn in as members of the Board of Governors of the Federal Reserve System at a ceremony Thursday in the atrium of the Board's main building in Washington.
Speech by Dino Kos of the Reserve Bank of New York
SPEECH - Remarks by Dino Kos, Executive Vice President, Federal Reserve Bank of New York before the Bond Market Association, Repo and Securities Lending Conference, Roosevelt Hotel, New York, 6 December 2001.
Speech by Bob McTeer of the Dallas Fed Bank
SPEECH - Speech by Bob McTeer, President and CEO, Federal Reserve Bank of Dallas before the Breakfast Plenary of the Team Canada West Mission to Dallas, Dallas, 28 November.
Speech by Laurence Meyer of the Federal Reserve
SPEECH - Laurence Meyer said in a speech on Tuesday afternoon titled 'Financial Stability in Emerging Markets: What Have We Accomplished and What Remains To Be Done?' that an international bankruptcy scheme like that proposed recently by the IMF is not a…
Fed's Meyer skeptical about IMF's bankruptcy plan
US - A senior Federal Reserve policymaker expressed scepticism Tuesday about the International Monetary Fund's plan to allow debt-burdened countries to suspend payments to their creditors, saying it is unlikely to win international political support.
Speech by Michael Moskow, President, Chicago Fed
SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago at the Federal Reserve Bank of Chicago Economic Forum, Marriott Hotel - Ft. Wayne, Indiana, 28 November.
Speech by William Poole of the St. Louis Fed Bank
SPEECH - Speech by William Poole, President, Federal Reserve Bank of St. Louis to the Financial Executives International, St. Louis Chapter, St. Louis, Missouri, 27 November.
Speech by Bob McTeer of the Dallas Fed Bank
SPEECH - Speech by Bob McTeer, President and CEO, Federal Reserve Bank of Dallas. The speech mentions 'The French Adam Smith' and begins with a look at the theory of the invisible hand. That one persons spending is anothers income and all benefit…
Fed officials were split over rate cut in November
US - Some Federal Reserve officials expressed discomfort last month with the rapid interest-rate cuts promoted by Fed Chairman Alan Greenspan. Others warned against moving too slowly.
Speech by Michael Moskow, President, Chicago Fed
SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago. Michael Moskow said in the speech titled 'Cultural Transformation at the Chicago Fed' that a cultural transformation at the Federal Reserve Bank of Chicago has…
Kelley resignation now official at Fed
US - Federal Reserve Board Governor Edward W. Kelley Jr. officially resigned Wednesday, saying it was time "to turn my attention to my family and other personal interests."
Speech by William Poole of the St. Louis Fed Bank
SPEECH - Speech by William Poole*, President of the Federal Reserve Bank of St. Louis. Poole said in the speech titled 'Market Responses to Economic Stress' he has "no way to set a precise timetable for renewed growth," but agreed with "professional…
Speech by Michael Moskow, President, Chicago Fed
SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago. Michael Moskow says in the speech "We expect the economy to improve next year, although the timing is uncertain," but adds that "Looking ahead, we are likely to…
Federal Reserve Press Release - Interest rate cut
PRESS RELEASE - Federal Reserve FOMC monetary policy decision press release, 11 December, 2001.
US interest rates cut again to 1.75%
US - The US Federal Reserve has cut interest rates by a quarter of a percentage point to 1.75%.
Federal Reserve Press Release - Transparency issue
PRESS RELEASE - Federal Reserve Press Release, 11 December, 2001.
New York Fed to reopen for public tours in January
US - The Federal Reserve Bank of New York, which has suspended tours since 11 September, will reopen to visitors in January.
US Fed issues revisions to payments system risk
US - The Federal Reserve Board on Tuesday issued revisions to its policy statement on payments system risk that it said "should alleviate liquidity pressures" that were identified during a broad review of the policy.
Speech by Michael Moskow, President, Chicago Fed
SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago at FABTECH International 2001, McCormick Place-South, Chicago, Illinois, 13 November.
Former US official proposes solvency crisis fund
ARGENTINA - While Argentina's perilous brush with bankruptcy has sparked a renewed debate on the idea of officially-sanctioned debt standstills, a former top official of the Federal Reserve and the Treasury Department on Monday proposed another way of…
Speech by William Poole of the St. Louis Fed Bank
SPEECH - Speech by William Poole, President, Federal Reserve Bank of St. Louis at the Session on: "How Transparent Should a Central Bank Be?" The Philadelphia Fed Policy Forum, Federal Reserve Bank of Philadelphia, Philadelphia, Pennsylvania, 30 November…
Two new Fed governors will attend policy meeting
US - Two new governors will take part in the Federal Reserve's interest-rate deliberations tomorrow.
US central bank HQ anthrax-free - fed reserve
US - The US Federal Reserve headquarters in Washington has been declared anthrax-free after testing negative for the germ, a spokesman said.