Federal Reserve System
Former rep. pleads guilty to stealing funds
USA - A former Massachusetts congressman and director of the Federal Reserve Bank of Boston has pleaded guilty to stealing more than $200,000 from the Hawthorne Hotel in Salem, the Federal Deposit Insurance Corp. Inspector General's office announced…
Fed met on rates twice in wake of attacks
US - The U.S. Federal Reserve's Open Market Committee held two telephone conferences in the aftermath of the 11 September attacks in New York and Washington, agreeing unanimously on 17 September to cut interest rates sharply, according to minutes…
Federal Reserve - Press Release
PRESS RELEASE - The Federal Reserve Board on Thursday launched a new interactive web site developed by the economic educators of the Federal Reserve System. This site offers students, educators and the general public an introduction to the workings of…
Federal Reserve - Press Release
PRESS RELEASE - The Federal Reserve Board on Friday announced the appointment of chairmen and deputy chairmen of the twelve Federal Reserve Banks for 2002.
Fed chairman Greenspan to testify to Congress
US - US Federal Reserve Chairman Alan Greenspan will testify before the congressional Joint Economic Committee on Wednesday 17 October.
Speech by President Santomero of Philadelphia Fed
SPEECH - Remarks presented by President Santomero of the Federal Reserve Bank of Philadelphia before the Ninth Conference on Pacific Basin Finance, Economics and Accounting, Rutgers University, New Brunswick, NJ 21 September.
Monetary policy at centre stage
US - The US Federal Reserve is expected to cut interest rates by 50 basis points when it meets this week.
Federal Reserve Board Press Release
PRESS RELEASE - "The Federal Reserve Board on Friday announced it is extending the deadline for public comment on the potential longer-term direction of the Board's policy on payments system risk. Comment is requested by November 16, 2001."
Greenspan to meet with Senate panel
US - Federal Reserve Chairman Alan Greenspan plans to hold a closed-door meeting Tuesday 25 September.
Speech by William Poole on economic prospects
SPEECH - Speech by William Poole President of the Federal Reserve Bank of St. Louis, Risk Management Association, Evansville, Indiana 20 September.
Fed's Poole - Long-run prospects remain bright
US - The prospects for the U.S. economy remain bright despite last week's terrorist attacks, according the president of the Federal Reserve Bank of St. Louis.
Fed extends deadline on payment risks policy
US - The Federal Reserve Board extended until Nov. 16 the deadline for public comment on the potential longer-term direction of its policy on payments system risk.
Testimony of Chairman Alan Greenspan
SPEECH - Federal Reserve Board Chairman Alan Greenspan testified before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, 20 September.
Economic Forces Shaping U.S. - Japan Trade
SPEECH - Thomas M. Hoenig President of the Federal Reserve Bank of Kansas City gave a speech to the Midwest U.S. - Japan Association, Wichita, Kansas, 10 September.
The Federal Reserve Beige Book
REPORT - The Federal Reserve published on 19 September its regular Summary of Commentary on Current Economic Conditions by Federal Reserve District known as the Beige Book.
What Monetary Policy Can and Cannot Do
SPEECH - Remarks before the National Association of Business Economists, New York, NY 10 September by Anthony Santomero President of the Federal Reserve Bank of Philadelphia.
Speech by William Poole of the St. Louis Fed Bank
SPEECH - William Poole President, Federal Reserve Bank of St. Louis. Prepared for Panel on Promoting Economic Growth: What Monetary Policy Can And Cannot Do. National Association For Business Economics 43rd Annual Meeting, New York, New York, 10…
Chicago Fed cancels Oct conference on asset prices
US - The Federal Reserve Bank of Chicago said yesterday, Tuesday 18 September, it had cancelled a conference on asset price bubbles that was co-sponsored by the World Bank.
US and ECB slash rates 0.5% to stabilise markets
INTEREST RATES - Monday 17 September saw both the ECB and US Federal Reserve cut interest rates by 0.5 percent. The Us move failed to stop substantial falls on the US stock market.
Federal Reserve press release
NEWS RELEASE - Federal Open Market Committee.
Speech by William Poole, St. Louis Fed
SPEECH - William Poole, President of the Federal Reserve Bank of St. Louis gave a speech at Bradley University, Peoria, Illinois on 5 September.
Fed cuts rates but Wall Street plunges
US - Giving a sharp jolt to financial markets, the Federal Reserve cut US interest rates just one hour before the re-opening of Wall Street. (Later shares on Wall Street fell dramatically as the American markets opened after its near week long absence.)
ECB Duisenberg: Comment on the Fed rate cut
FINLAND - European Central Bank President Wim Duisenberg said Monday 17 September that he had been informed of the U.S. Federal Reserve decision to cut interest rates by 50 basis points, but declined to comment on the ECB's own plans.
McDonough:NY Fed - Every Effort At Normal Business
US - Federal Reserve Bank of New York President William McDonough said Tuesday that the central bank will do everything possible to conduct normal business in the wake of the terrorist attacks in Manhattan.