Federal Reserve System

Anthrax found in Federal Reserve mail facility

US - The Federal Reserve Board that sets U.S. interest rates and guides the world's most powerful economy, announced on Thursday that mail possibly contaminated with anthrax had been found at its off-site postal facility set up to head off suspect mail.

U.S. Senate okays Bies, Olson to Fed board

US - The U.S. Senate on Thursday confirmed the nominations of bankers Susan Schmidt Bies and Mark Olson to the seven-member Federal Reserve Board, whose most visible job is setting U.S. interest rates.

Report from the Federal Reserve Bank of Chicago

REPORT - A slight increase in the nation's economic growth for 2002 is anticipated by participants at the Chicago Fed's Economic Outlook Symposium. The group provided forecasts for major components of real GDP and other key statistics.

Federal Reserve Board - Beige Book

REPORT - Prepared at the Federal Reserve Bank of Richmond and based on information collected before November 19, 2001. This document summarizes comments received from business and other contacts outside the Federal Reserve and is not a commentary on the…

ECB may see rotating scheme with new members

GERMANY - The European Central Bank's policy making council might opt for a system similar to that of the U.S. Federal Reserve once the single currency area expands, ECB President Wim Duisenberg said on Friday 23 November.

Parry: Q4 fall off in econ likely sharper than Q3

US - The downturn in high-tech business has been particularly rough for the San Francisco Bay area, where unemployment and commercial vacancies have been rapidly on the rise, said San Francisco Federal Reserve President Robert Parry Monday 19 November.

Speech by Michael Moskow, President, Chicago Fed

SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago at the Bankers' Association for Finance and Trade, 11th Annual Conference on International Trade and Finance, Hotel InterContinental, Chicago, Illinois, 25 October.

Banks in the US tighten lending standards

US - Reflecting the shaky US economy, banks have been tightening lending standards even as demand for loans continues to drop, according to the Federal Reserve's latest survey of loan officers.

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