Federal Reserve System
Speech by Carol Carson of the IMF, 11 July
SPEECH - Carson gave a speech titled 'International Capital Data: Needs, Projects, and Prospects' and said that in the past two and half years, she believes that significant progress has been achieved in developing internationally agreed statistical…
Bush sends Fed nominees to Senate for confirmation
US - U.S. President George W. Bush on Thursday sent to the Senate for confirmation his two nominees to the Federal Reserve Board -- Donald Kohn and Ben Bernanke, reports Reuters.
Stock slide ups economic uncertainty - Fed's Poole
US - St. Louis Federal Reserve Bank President William Poole said on Thursday the U.S. economy appears to be doing okay but that the prolonged stock market sell-off had made the outlook "murkier."
Minutes of the Federal Open Market Committee
MINUTES - The Federal Reserve Board on Wednesday released the minutes of its discount rate meetings from 1 April to 6 May. "No sentiment was expressed in favor of an increase in the discount rate," the April 29 minutes said. The language in the May 6…
Cleveland Fed President Jordan to retire
US - Jerry L. Jordan announced on Tuesday that he plans to retire as president of the Federal Reserve Bank of Cleveland effective 31 January, 2003.
Speech by Fed Reserve Governor Mark Olson, 8 July
SPEECH - In the speech 'Financial Markets Regulation in the United States' Olson said the risk to U.S. banks from the accounting scandals was "very isolated" but added the Fed would ask some banks for restatements due to asset risk.
Top regulators disclose finances
US - The value of Federal Reserve Board Chairman Alan Greenspan's reported assets sagged last year, to between $3 million and $6.15 million from $4.2 million to $12.1 million, according to his 2001 financial disclosure report, released Monday, reports…
Chicago Fed Executive Update
REPORT - The Federal Reserve Bank of Chicago has published its Second Quarter 2002 Executive Update, released 9 July.
Speech by Fed Reserve Governor Ed Gramlich, 5 July
SPEECH - In a speech to the International Research Forum on Monetary Policy Gramlich said that central banks could use more research to help address certain policy questions, including those related to specific currency regimes and the short-run impact…
Research from the St Louis Federal Reserve Bank
RESEARCH - The Stock Market: Beyond Risk Lies Uncertainty, By Frank A. Schmid, published in The Regional Economist - A Quarterly Review of Business and Economic Conditions from The Federal Reserve Bank of St. Louis.
Speech by W. McDonough, New York Fed Bank, 2 Jul
SPEECH - In a speech titled 'The importance of central bank independence in achieving price stability' McDonough extolled the virtues of central bank independence and reiterated the importance of maintaining price stability for an economy.
Chicago Fed National Activity Index
REPORT - In May, the Chicago Fed National Activity Index increased to -0.07 from -0.28 in April. The index has been negative in 22 of the 23 months since June 2000. Released 1 July.
Fed's McDonough - Price stability has many virtues
POLAND - In a speech extolling the virtues of central bank independence, Federal Reserve Bank of New York President William McDonough reiterated the importance of maintaining price stability for an economy.
Forecasters' vision clouds during turning points
US - Research by the Federal Reserve Bank of Atlanta on economic forecasts by The Wall Street Journal in the last 16 years showed that accuracy was low at crucial points of the economy, with forecasters missing out on the aggressive rate cuts of the…
Minutes of the Federal Open Market Committee
MINUTES - The Federal Reserve Board on Thursday released the minutes of its Federal Open Market Committee Meeting of 7 May 2002, released 27 June.
27th Annual Economic Policy Conference
CONFERENCE - Federal Reserve Bank of St. Louis, Finance and Real Economic Activity Conference, 7-8 November 2002.
Federal Reserve to redesign notes
PRESS RELEASE - The US Treasury and Federal Reserve has announced plans for redesigned notes with improved security features to deter counterfeiting. It will affect the $100, $50, and $20 notes.
Federal Reserve Board Press Release
PRESS RELEASE - Joint Press Release by the Board of Governors of the Federal Reserve System and the Bureau of Engraving and Printing, 20 June.
Speech by Robert Parry, San Francisco Fed, 17 Jun
SPEECH - Parry said in a speech titled 'After the Recession: A Monetary Policymaker Looks Ahead' that "we're now in the midst of a modest expansion," after a shallow recession which probably ended in December or January.
US economy - Explaining outlook is Fed's challenge
FEATURE - Federal Reserve officials meet Tuesday and Wednesday to accomplish two tasks: to set the course of interest rates and outline a view on the U.S. economy.
Speech by Susan Schmidt Bies of the Fed, 20 Jun
SPEECH - Speech by Fed governor, Susan Bies to the World Bank's 2002 finance forum meeting in Chantilly, Virginia. Bies examines whether developing countries can learn from the US experience in banking regulation.
Speech by Robert Parry, San Francisco Fed, 6 Jun
SPEECH - In the speech titled 'After the Recession: A Monetary Policymaker Looks Ahead' Parry said that once the expansion takes hold interest rates will have to move up to prevent a build up of inflationary pressures but that for now the approach can be…
US Fed scare proves to be a false alarm
US - Staff at the Washington headquarters of the US Federal Reserve have been allowed back into their offices after an earlier bomb scare proved to be a false alarm.
Parry said Fed can be "deliberative" over rates
USA - San Francisco Federal Reserve President Robert Parry said that doubt over how long the current "modest expansion" would last leaves the Federal Reserve room to be "deliberative" over hiking interest rates.