Federal Reserve System
US rates cut for seventh time
UNITED STATES - The US Federal Reserve has cut interest rates for the seventh time this year in a continued attempt to revive the US economy.
German banking fed cuts 2001 growth forecast
GERMANY - The German banking federation (BVB) said on 20 August it had cut its forecast for German growth for 2001 to 1.0 - 1.5 percent from an earlier 1.5 percent.
Business Outlook Survey - Philadelphia Fed
RESEARCH - The Federal Reserve Bank of Philadelphia has published its Business Outlook Survey for August 2001.
Federal Reserve Bulletin - August 2001
REPORT - The Federal Reserve Board has published its August 2001 Monetary Policy Report to the Congress.
Chicago Fed's new internet banking web page
CHICAGO - The Federal Reserve Bank of Chicago has added a new Internet Banking Supervisory Resources section to its web site www.chicagofed.org.
The Federal Reserve Beige Book
REPORT - The Federal Reserve has published on 8 August its regular Summary of Commentary on Current Economic Conditions by Federal Reserve District known as the Beige Book.
The Outlook for the U.S. Economy
SPEECH - President and CEO of the Federal Reserve Bank of Chicago Michael Moskow gave a speech to the Priority One Annual Meeting, Crowne Plaza Five Seasons Hotel, Cedar Rapids, Iowa, 7 August.
Infrastructure and Economic Development
SPEECH - Remarks by Federal Reserve Governor Edward Gramlich at the Texas Trade Corridors New Economy Conference, San Antonio, Texas on 3 August.
The securities activities of banks
SPEECH - Testimony of Governor Laurence Meyer, before the Subcommittee on Financial Institutions and Consumer Credit and the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises of the Committee on Financial Services, U.S…
Power of monetary policy is greatly exaggerated
ARTICLE - Greenspan's 10-year honeymoon is over - By Jack Carr, National Post, 1 August 2001.
The Economy in Transition
SPEECH - Remarks by Jack Guynn, President and Chief Executive Officer, Federal Reserve Bank of Atlanta, Jackson Rotary Club, Jackson, Mississippi, 23 July.
Comments on the Economy and Monetary Policy
SPEECH - Remarks by J. Alfred Broaddus, Jr., President, Federal Reserve Bank of Richmond, Washington Association of Money Managers, The Embassy Row Hotel, Washington, DC, 5 June.
A Monetary Policymakers Perspective on the Economy
SPEECH - Presentation to a community leaders luncheon by Federal Reserve Bank of San Francisco President and CEO Robert T. Parry at Kahala Mandarin Hotel, Honolulu, Hawaii, 14 June.
Chicago Fed: Recession risks rising
US - The risk that the U.S. economy is in a recession rose in June to its highest level this year, the Federal Reserve Bank of Chicago said on 2 August as it released its monthly index of U.S. economic activity.
The Origins and Evolution of Central Banking
SPEECH - President and Chief Executive Officer of the Federal Reserve Bank of Cleveland, Jerry Jordan, at the Central Bank Institute Conference, Renaissance Cleveland Hotel, Cleveland, Ohio, 21 May.
Meyer Testimony - Federal deposit insurance reform
SPEECH - Federal reserve Board Governor Laurence H. Meyer testified on 26 July before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services, U.S. House of Representatives.
Fed's Ferguson takes oath for new term
UNITED STATES - After spending two years in political limbo, U.S. Federal Reserve Vice Chairman Roger Ferguson was sworn in today, 26 July, for a second term on the U.S. central bank board, the Fed said.
Testimony of Chairman Alan Greenspan
SPEECH - Alan Greenspan, Chairman of the Federal Reserve Board, has given testimony today, 18 July, before the Committee on Financial Services, U.S. House of Representatives. His testimony is the Federal Reserve Board's semiannual monetary policy report…
Meyer takes aim at the Greenspan legacy
US - Kansas City Fed President Thomas Hoenig, who broke a recent pattern of Federal Open Market Committee unanimity by voting against a half-percentage-point rate cut on May 15, is not a real FOMC dissident, reports Dow Jones news.
Federal Reserves Meyer on Inflation Targets
SPEECH - Federal Reserve Board member, Governor Laurence H. Meyer has given a speech at the University of California, San Diego Economics Roundtable, San Diego, California. The speech is titled "Inflation Targets and Inflation Targeting" and was made…
Second banker in month nominated to Fed board
US - President Bush announced 10 July that he will nominate former community banker and Senate Banking Committee aide Mark Olson to the Federal Reserve Board.
Federal Reserve Bank of New York Research
RESEARCH - Kevin J. Stiroh at the Federal Reserve Bank of New York has published an article titled Investing in Information Technology: Productivity Payoffs for U.S. Industries. The article is published in Current Issues in Economics and Finance, June…
Speech by Fed Bank of Chicago President M Moskow
SPEECH - Michael H. Moskow, President and CEO of the Federal Reserve Bank of Chicago spoke at the Greater Milwaukee Committee monthly meeting, Milwaukee, Wisconsin on 9 July.
New York Fed names new appointments
NEW YORK - The Federal Reserve Bank of New York announced that its board of directors has approved the promotion of three officers to assistant vice presidents and named eight new officers at the bank.