United States
Private sector must revive its central role
US credit markets will only begin to recover once the private sector reclaims its role in providing liquidity from the Federal Reserve, Kevin Warsh, a governor at the central bank, predicted.
Crisis "nothing like" Great Depression: Bernanke
Ben Bernanke, the chairman of the Federal Reserve and a scholar on the Great Depression, has rebuked suggestions that the current financial climate is similar to that of the 1930s.
Financial literacy crucial - Bernanke
US states should consider making personal finance a requirement for all students who seek a high-school diploma, said Ben Bernanke, the chairman of the Federal Reserve.
Fed minutes point to moderate easing
The latest Federal Reserve minutes suggest that the period of rapid monetary policy easing that started in late January may be over and could be replaced by a return to a more conventional, gradualist approach.
Fed's Yellen sees economic up-tick
Monetary easing and fiscal stimulus will boost US growth in the coming quarters, said Janet Yellen, the president of the San Francisco Fed.
Politicians ask Fed to clarify Bear deal
A high-ranking American politician has issued a strongly worded request for more details about the arrangement the Federal Reserve struck with BlackRock, an asset management firm, to manage a $29 billion portfolio of assets from Bear Stearns following…
Fed's Kroszner: subprime lessons for Latin America
Latin America is not decoupled from the US and the rest of the world. It is increasingly connected through global capital flows and capital markets, said Randall Kroszner, a governor of the Federal Reserve.
Greenspan hits back
Alan Greenspan, a former chairman of the Federal Reserve, has said that the blame for the subprime crisis lies with the investment community rather than himself, as has often been argued.
Communication reinforces commitment: Fed's Mishkin
Communication which increases transparency and accountability can play a key role in helping central banks demonstrate commitment to a nominal anchor, said Frederic Mishkin, a governor of the Federal Reserve.
Bernanke voices US growth concerns
Ben Bernanke, the chairman of the Federal Reserve, warned that the country's economy was unlikely to grow much, if at all, this year, and "might even contract slightly".
We had no choice, Bernanke tells lawmakers
The Federal Reserve had no choice but to intervene and put taxpayers' money at risk earlier this month by backing a fire sale of the assets of Bear Stearns, a leading American investment bank, its chairman said on Wednesday in testimony before US…
Fed's new mortgage lenders regulations - Kroszner
New lending regulations proposed by the Federal Reserve will apply to independent mortgage companies and mortgage brokers as well as banks, said Randall Kroszner, a member of the board of governors.
Fed's new subprime and alt-A maps
The Federal Reserve System will publish maps updated monthly to illustrate the state of subprime and alt-A mortgage loans across the United States.
Kansas City's subprime loan record
Subprime borrowers in the 10th district are having difficulties with payment delinquencies running above the national average, according to a recent report by the Federal Reserve of Kansas City.
Treasury shake-up to grant Fed more power
The US Treasury has unveiled a series of recommendations for a major restructuring of financial services regulation, which will allot broad new powers to the Federal Reserve to attack systems risk, including the ability to send SWAT teams into any…
Kansas Fed finds changing inflation dynamics
This research by the Kansas Federal Reserve finds that the dynamics of inflation and long-term inflation expectations have changed over the last two decades.
Fed's Mishkin makes his point on inflation
In one of his strongest advocacies of inflation targeting since joining the Federal Reserve in 2006, Frederic Mishkin argued that countries should adopt a specific point objective for price stability rather than having a target range.
We need banking secrets to help: Fed's Rosengren
The Federal Reserve's regulatory role has been essential in allowing the central bank to deal with the current turmoil, a top official claimed on Friday.
Fed's Stern ponders on asset-price stance
Gary Stern, the president of the Minneapolis Federal Reserve, has acknowledged that the central bank may need to review its policy of non-interference with asset prices in the wake of the recent turmoil.
Costs rise for dollar loans despite $50bn auction
The Federal Reserve's latest Term Auction Facility operation failed to quell rising interbank tensions as money-market rates for one-month dollar loans climbed on Tuesday 25 March.
Research deputy to replace Poole at St Louis Fed
James Bullard, the deputy director of research for monetary analysis at the St Louis Federal Reserve, will replace William Poole as the president of the central bank.
Weaknesses prevail: Philadelphia Fed survey
The latest edition of the Philadelphia Federal Reserve's influential Business Outlook Survey shows that the region's manufacturing sector is continuing to experience weaknesses.
Private-sector wellbeing impacted by job cuts
Public servants are less sensitive to rises in unemployment than workers in the private sector, research published by the Boston Federal Reserve finds.
Fed opts for 75 basis-point cut
The Federal Open Market Committee (FOMC) on Wednesday 18 March voted to slash rates by three quarters of a percentage point to 2.25%.