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Federal Reserve - Annual Report 2007

Policymakers expect US inflation to moderate in 2008 and 2009, with expectations remaining reasonably well anchored in spite of the recent pick-up in price growth, the Fed's annual report states.

Good year ahead for US farming

US farmers could enjoy another bountiful year, due in large part to rising export opportunities, finds an economic report published by the Kansas City Federal Reserve.

Fed welcomes SWF investment

Scott Alvarez, the general counsel of the Federal Reserve, has told the US Senate that the central bank welcomed investments by foreign sovereign wealth funds in American banks and financial institutions.

Fed's Kohn calls for tighter regulation

A relaxation in banking supervision has contributed to the current turmoil by altering the nature of risk, Donald Kohn, the vice-chairman of the Federal Reserve, said in a call to strengthen rules for investment banks.

Dallas Federal Reserve - Annual Report 2007

Turning away from globalisation's call risks squandering a golden opportunity, writes Richard Fisher, the president of the Dallas Federal Reserve, in his opening letter at the start of the institution's 2007 annual report.

Latest Beige Book makes grim reading

The April edition of the Federal Reserve's Beige Book, a summation of economic conditions in the US based on reports from the 12 regional Feds, signals that events in the financial markets are beginning to have a marked impact on the real economy.

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