United States
Bernanke changes tack, cautions on inflation
Ben Bernanke, the chairman of the Federal Reserve, has said that the inflation picture in the US has worsened since the Federal Open Market Committee (FOMC) last met.
Further Fed cuts likely on Kohn comments
Donald Kohn, the vice chairman of the Federal Reserve, has hinted that more rate cuts are needed in order to insure against an economic calamity.
Controlling inflation stabilises growth
Monetary policy's dual objectives - stabilising inflation and stabilising economic activity - complement rather than contradict one another, said Frederic Mishkin, a governor of the Federal Reserve.
US Treasury supports IMF gold sales, urges reform
The US Treasury has shifted its stance on International Monetary Fund (IMF) gold, saying it will now back the sale of about 8% of the Fund's reserves.
Emergency Fed cut an effort to appear decisive
The Federal Reserve voted to slash rates by 75 basis points to demonstrate decisiveness, minutes of the Federal Open Market Committee's (FOMC) January meeting reveal.
How the Fed is tackling turmoil
The Federal Reserve has acted in line with its dual mandate in taking the four measures made to rein in the recent bout of market turmoil, said Frederic Mishkin, a governor at the central bank.
Fed's Kroszner on risk and responsibility
America's banking industry and its regulators must together ensure that effective risk management practices are in place, said Randall Kroszner, a governor at the Federal Reserve.
Hanke attacks Fed at IEA seminar
Professor Steve Hanke of Johns Hopkins University rebuked the Federal Reserve for its conduct of monetary policy at a conference on Tuesday 26 February on "The State of the Economy" hosted by the Institute of Economic Affairs in London.
Fed's Fisher warns on inflation expectations
Richard Fisher, the president of the Dallas Federal Reserve, has said that the Fed must be careful to avoid "stirring the embers of inflation".
FDIC's Bair calls for mortgage transparency
Sheila Bair, the chairman of the Federal Deposit Insurance Corporation, the body responsible for deposit insurance in the US, has called for a return to common sense and back-to-basics lending standards.
Stagflation problem for the Fed?
The Federal Reserve faces a problem that the United States has not seen for many years: stagflation.
Fed's Evans sees pause in rate cuts
Charles Evans, the president of the Chicago Federal Reserve Bank, said that the recent interest rate reductions taken by the Fed should be sufficient to help promote moderate growth over time and mitigate the risks to economic activity.
Mishkin on Fed flexibility
In a speech on 15 February, Fed governor Frederic Mishkin explained how the Federal Reserve has used four different tools to accomplish its objectives of achieving price stability and maximum employment in recent months.
Chances of big cut diminish on Bernanke testimony
Market predictions of another cut to the federal funds rate of at least 50 basis points looked far from certain, following comments from Ben Bernanke, the chairman of the Federal Reserve.
Poole outlines problems of predicting Fed rates
Attempts by the Federal Open Market Committee (FOMC) to provide forward guidance in the policy statement cause more communications difficulties than they solve, says William Poole, the president of the St Louis Federal Reserve.
Slow growth but no recession, says Fed's Yellen
The US economy will not fall into recession this year, said Janet Yellen, the president of the San Francisco Federal Reserve.
Rural banking trends disrupted by changes
The relationship between traditional measures of market concentration and performance in the United States banking sector is changing in small, isolated, rural markets, research by the Kansas City Fed finds.
Demand for Fed money up in latest auction facility
Results of the latest Term Auction Facility operation reveal a slight rise in demand for Federal Reserve funds.
Bernanke admits concern over monolines
The threat of a downgrade to some of the biggest monoline insurers impacting the banking industry is forcing the Federal Reserve to monitor developments closely, a letter from Ben Bernanke, the chairman of the Federal Reserve, reveals.
Punchbowl didn't need re-spiking: Fed's Fisher
Using a barrel of alcohol-related comparisons, Richard Fisher, the president of the Dallas Federal Reserve, explained why he was the only member of the Federal Open Market Committee not to back the recent 50 basis point cut.
Fed's Yellen gloomy on inflation
Janet Yellen, the president of the San Francisco Federal Reserve, has expressed concern over recent developments in inflation in the United States.
Late-afternoon Fedwire surge explained
The New York Fed finds three reasons for why an increasing number of payments are processed through the Fedwire funds transfer system in late afternoon.
Fed's Plosser on the limits of monetary policy
Monetary policy is not the solution to all economic ills, said Charles Plosser, the president of the Philadelphia Federal Reserve.
Inflation differences bother Fed's Lacker
Jeff Lacker, the president of the Richmond Federal Reserve, said he was troubled by the lengthy divergence between overall and core inflation in the United States.