Federal Reserve System
Fed's McTeer - Rate cuts not effective enough yet
US - Four percentage points worth of rate cuts by the Federal Reserve have so far not done enough to help the struggling U.S. economy, Federal Reserve Bank of Dallas President Robert McTeer said Wednesday.
The Federal Reserve Beige Book
REPORT - The Federal Reserve published on 24 October its regular Summary of Commentary on Current Economic Conditions by Federal Reserve District known as the Beige Book.
Minneapolis Fed's District Economic Survey
REPORT - The Federal Reserve Bank of Minneapolis has published its District Economic Survey in its district business newspaper the fedgazette.
US reports weak economic activity
US - Economic activity was weak across the US in September and the first half of October, as the effects of last month's terrorist attacks compounded the slowdown already in place before 11 September, the Federal Reserve said yesterday, Wednesday.
Speech by Alan Greenspan of the Federal Reserve
SPEECH - Remarks by Chairman of the Federal Reserve Board Alan Greenspan at the American Bankers Association's Virtual Annual Convention (taped statement) 23 October.
Research from the Minneapolis Federal Reserve Bank
RESEARCH - The Federal Reserve Bank of Minneapolis has published research on the supervisory process in the September 2001 edition of The region, its regular quarterly publication.
Shadow Group tells Fed to end rate cuts
US - In studying the Federal Reserve for six decades, Anna Schwartz has witnessed some of the Fed's most aggressive interest rate reductions, such as those after the Korean War, before Richard Nixon's re-election and during Ronald Reagan's second year of…
Greenspan: Fed carried on 11 Sept without him
US - Federal Reserve Chairman Alan Greenspan, who is often praised for his steady hand during times of crisis, said Friday that he was "essentially incommunicado" on 11 Sept, yet the Fed functioned quite well without him.
Can Alan save the day again?
ARTICLE - Probably not. In the past decade, we've created inflated ideas of the Federal Reserve's power.
Hayami says Greenspan against inflation targeting
JAPAN - Bank of Japan Governor Masaru Hayami said on Thursday U.S. Federal Reserve Chairman Alan Greenspan had told him the U.S. central bank chief was opposed to the idea of setting an inflation target for central banks.
Fed nominees pledge inflation fight, help growth
US - Two candidates for the Federal Reserve board, Susan Bies and Mark Olson, Wednesday gave their support to the U.S. central bank's dual mandate of fighting inflation and pursuing steady economic growth.
Fed eases rules on foreign banks, US branches
US - Almost four years after it was first proposed, the Federal Reserve on Wednesday approved easing rules on activities of branches of U.S. banks abroad and for U.S.-based branches of foreign financial institutions.
Philadelphia Fed Oct. index plunges
US - The Federal Reserve Bank of Philadelphia's business outlook survey for October indicated the regional economy reversed following the 11 September terror attacks.
Testimony of the Fed Chairman Alan Greenspan
TESTIMONY - Testimony of Federal Reserve Board Chairman Alan Greenspan, before the Joint Economic Committee, U.S. Congress, 17 October.
Research from the San Francisco Fed Bank
RESEARCH - The Federal Reserve Bank of San Francisco has published an Economic Letter 2001-29; 19 October, titled Has a Recession Already Started?
Has a Recession Already Started? - FRBSF
US - In this latest Economic Letter, San Francisco Federal Reserve Bank Senior Research Advisor Glenn Rudebusch examines the definition and dating of recessions.
Speech by J Alfred Broaddus of the Richmond Fed
SPEECH - Remarks by J. Alfred Broaddus, Jr. President, Federal Reserve Bank of Richmond at the 26th Annual Economic Policy Conference, Federal Reserve Bank of St. Louis, St. Louis, MO, 12 October.
Richmond Fed's Broaddus says inflation target good
US - Federal Reserve Bank of Richmond President Alfred Broaddus said on Friday 12 October the Fed should have an explicit long-term inflation objective to further boost the U.S. central bank's credibility.
Greenspan upbeat on economy
US - Prospects for the future of the US economy have been "scarcely diminished" by the 11 September attacks, Federal Reserve chairman Alan Greenspan has said.
Speech by Roger Ferguson of the Federal Reserve
SPEECH - Remarks by Federal Reserve Board Vice Chairman Roger W. Ferguson, Jr.at the Bond Market Association's 1st Annual Credit and Risk Management Conference, New York, New York, 16 October.
Hearing on nominees to US Fed set for 17 Oct
US - The U.S. Senate Banking Committee will hold a hearing on 17 October to consider two candidates for the Federal Reserve Board, a Senate aide said on Friday 12 October.
Fed's Ferguson - Long term US econ prospects sound
US - Federal Reserve Vice Chairman Roger Ferguson on Tuesday said the U.S. economy's longer-term prospects "remain sound," but said it is not known how long it will be before U.S. economic growth begins to recover from the events of 11 September.
Speech by Laurence Meyer of the Federal Reserve
SPEECH - Remarks by Governor Laurence H. Meyer, at the Bank Administration Institute's Conference on Risk Management, New York, NY, 15 October.
Meyer: Basel rules take time, need bank support
US - New rules on risk management and bank capital standards will take longer to set up than either banks or regulators want but they are too complicated to rush, Federal Reserve Governor Laurence Meyer said in a speech on Monday 15 October.