Board tells lawmakers contract agreed by central bank governor lacks sufficient safeguards
Inflation target set to be met this year, says Philadelphia Fed governor
Working paper considers how much the structure of a household’s balance sheet and income statement matters
Canadian and US central bankers size up cost of UK’s vote to leave the EU
Patrick Harker warns of needs to avoid “aggressive policy actions” in the future
Patrick Harker says this probably contributed to slow recovery following crisis
James Narron named vice-president and COO of Philadelphia Fed
Philadelphia Fed president sees inflation rising more gradually than before
Philadelphia Fed announces William Spaniel as head of supervision
Andrea Enria and Adam Farkas handed new five-year terms by EBA’s board of supervisors
Discussion paper notes growth in debit card spending is slowing
Forecasters more optimistic about growth and unemployment
He advocates clear objectives, systematic rules, open communication and stable independence
Background includes academic posts and a spell on the Philadelphia Fed board
Philadelphia Fed publishes ‘special report’ on the topic
Central Bank of Chile creates new division of economic modelling and analyses
Distinguishing transitory from permanent changes in growth and interest rates is ‘tricky task'
Vocal critic of unconventional monetary policies to leave FOMC in March 2015
Plosser does not want to delay rate hike until job market has ‘completely healed'
Philadelphia Fed president calls for tighter limits on Fed power
Böhmler will leave the Deutsche Bundesbank halfway through second term
FOMC member wants to make it easier for market participants to gauge regulatory behaviour
Working paper says that exports responds ‘sluggishly’ to a large currency depreciation; creates a model to capture these dynamics and explore their macroeconomic impacts
Research paper claims joint-liability bank coalition is a welfare-improving mechanism that allows members of society to achieve better allocation of resources, making it a ‘truly superior form of banking'