Federal Reserve System
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.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan at George Washington University, the Robert P. Maxon Lecture, Washington, D.C. 3 December.
Chicago Fed finds U.S. economic gloom deepening
US - An index tracking U.S. economic activity fell in October to its lowest level since the last recession, the Federal Reserve Bank of Chicago said on Wednesday.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan before the Euro 50 Group Roundtable, Washington, D.C., 30 November.
Greenspan says little doubt euro a sound currency
US - A belief that U.S. productivity, or output per worker, will continue to outstrip Europe's accounts for more robust demand for dollars over euros, Federal Reserve Chairman Alan Greenspan said in a speech on Friday.
Speech by Laurence Meyer of the Federal Reserve
SPEECH - Remarks by Governor Laurence H. Meyer of the Federal Reserve Board before the National Association of Business Economics, St. Louis, Missouri, 27 November.
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…
Fed survey finds further slowing of the economy
USA - Contradicting growing confidence elsewhere that the recession is bottoming out, a Federal Reserve survey found more signs of further slowing than of recovery.
FOMC officials say they're armed and ready
US - Federal Reserve officials are seeking to quell suspicions they're running out of manoeuvring room.
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.
Speech by Robert Parry of the San Francisco Fed
SPEECH - Speech by President and CEO Robert T. Parry of the Federal Reserve Bank of San Francisco to the UC Berkeley 24th Annual Real Estate and Economics Symposium, 19 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.
Federal Reserve Bulletin - November 2001
RESEARCH - The Economic Performance of Small Banks, 1985-2000 by William F. Bassett and Thomas F. Brady.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan at the James A. Baker III Institute for Public Policy, Rice University, Houston, Texas, 13 November.
EU: Wim mimics Alan, but ECB still far from fed
ARTICLE - European Central Bank president Wim Duisenberg is giving the impression he wants the same level of powerful influence over monetary policy as his counterpart at the Federal Reserve.
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.
Fed 'model' predicts stock gains
ARTICLE - A valuation model used by the U.S. Federal Reserve Board indicated last week that stocks were some 14% undervalued.
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.
Speech by Anthony Santomero of Philadelphia Fed
SPEECH - Remarks by President Santomero of the Federal Reserve Bank of Philadelphia before the Frontiers in Services Conference, Bethesda, MD, 26 October.
Speech by Roger Ferguson of the Federal Reserve
SPEECH - Remarks by Federal Reserve Board Vice Chairman Roger W. Ferguson, Jr at the American Institute of Certified Public Accountants National Conference on Banks and Savings Institutions, Washington, D.C., 8 November.
Fed's Ferguson - US economy resilient
US - The U.S. economy appears to be shaking off the devastating impact of the 11 September attacks, says a key member of the U.S. Federal Reserve.
Fed's Santomero - Bank regulation may be a benefit
US - In response to the rhetorical question "does bank regulation help bank customers?" Anthony Santomero, president of the Federal Reserve Bank of Philadelphia, said "Sometimes yes. Sometimes no. It all depends."
Alan Greenspan: The accidental economist
US - Federal Reserve Chairman Alan Greenspan, perhaps the world's best-known and revered economist, on Tuesday said his choice of profession was a matter of chance.
Academics: Trust in Greenspan led to stock crash
ARTICLE - Investor confidence in the 'superhuman' ability of Fed chairman Alan Greenspan to shelter the stock market contributed to its over-valuation and eventual crash, economists argued in an academic paper out this week.