United States
FOMC can stick again unless data changes
Without changes in economic data, the Federal Open Market Committee can leave US interest rates alone next month too, and may as well issue the same statement too, says John Berry of Bloomberg in this article published Thursday 10 May.
Fed hold rates but concerned on inflation
The Federal Reserve left US interest rates unchanged Wednesday 9 May and acknowledged that the economy is slowing.
Bernanke and Co should do nothing
According to this article from John Berry at Bloomberg, published Friday 4 May, Federal Reserve officials will not change interest rates Wednesday amid conflicting evidence about where the US economy is headed.
Wolfowitz gets White House backing
The White House on Wednesday 9 May said it has continued full support for embattled World Bank president Paul Wolfowitz, who faces numerous calls to quit.
Federal Reserve appoints Inspector General
The Federal Reserve Board on Friday 4 May announced the appointment of Elizabeth A. Coleman as Inspector General for the Board, effective May 6.
Wolfowitz still flying high, but now out of fuel
According to this article published Tuesday 8 May by the LA Times, the latest goings on at the World Bank are all designed with one thing in mind, as Paul Wolfowitz stays put as president.
NY Fed's Geithner says flexible rates better
Federal Reserve Bank of New York president Timothy Geithner said on Friday 4 May in a speech that flexible exchange rates allow emerging countries to handle global economic swings better.
Philadelphia Fed Annual Report 2006
The Federal Reserve Bank of Philadelphia's Annual Report 2006 tells the story behind the Bank's role in the largest consolidation of the Federal Reserve's check processing operations to date.
NY Fed issues hedge fund warning
In what Reuters describes as its "sternest warning to date" on the state of the hedge-fund business, the Federal Reserve Bank of New York said Wednesday 2 May that the funds could represent the biggest risk for a financial crisis since 1998.
Did Gambler Greenspan just get lucky?
Alan Greenspan is widely recognised as the world's greatest ever central banker, but according to research from the ECB referred to in this article from The Herald, published Tuesday 1 May, his success probably has more to do with luck than skill.
Is Bernanke wrong on inflation?
According to this article from Bloomberg on Monday 30 April, a housing slump in the US may drive the US economy into recession, prompting the Federal Reserve to cut interest rates.
Fed's Bernanke on the challenges of free trade
In the speech 'Embracing the challenge of free trade: Competing and prospering in a global economy' given on 1 May Ben Bernanke of the Federal Reserve said a move to a protectionist stance for threatened American industries and workers from foreign…
Fed Reserve Bank of St Louis Review, May/Jun 2007
The latest edition of the St Louis Fed's Review for May/June 2007 includes an article which uses extensive archival material from several countries, to bring together scattered information about Milton Friedman's views and predictions regarding U.S…
Kansas City Fed's Main Street Economist, 1 2007
As strong ethanol demand fuels a sharp rise in crop prices, rural America is cautiously optimistic, according to the latest edition of the Kansas Fed's Main Street Economist report.
SF Fed's Yellen sees risks to global growth
Federal Reserve Bank of San Francisco president Janet Yellen said on Saturday 28 April risks to the global economy maintaining "exceptionally strong" growth include a slowing US economy and unbalanced trade flows.
Fed's Mishkin: Globalization & fin. development
In the speech 'Globalization and financial development' given on 26 April Frederic Mishkin of the Federal Reserve said developing countries need to develop their financial infrastructure to get wealthier and the answer is globalisation.
SF Fed's Yellen on the US economy
In the speech 'The U.S. economy: Prospects and a puzzle revisited' given on 26 April Janet Yellen of the Federal Reserve Bank of San Francisco said the Fed should neither hit the brakes nor the accelerator because the road ahead is uncertain.
Fed's Fisher sees reduction in inflation trends
President of the Dallas Federal Reserve Bank, Richard Fisher, said on Thursday 26 April that the US seems to be reducing inflationary fears but the proof is not there yet.
Greenspan paper: home equity loans raise spending
According to a paper co-authored by former Federal Reserve chairman Alan Greenspan, US spending could have been raised by about 3 percent a year in recent years with home owners using equity from their properties.
Fed's Kohn on industrial loan companies
In testimony 'Industrial loan companies' given on 25 April Donald Kohn of the Federal Reserve said called on Congress to close a loophole that encourages the rapid growth in U.S. specialty banks owned by financial companies and retailers.
Federal Reserve Board - Beige Book, April 2007
The Federal Reserve published its April 2007 Beige Book survey on Wednesday 25 April. The report said there were few signs of a pickup in the U.S. economy in the early days of the second quarter.
Fed's Bernanke on financial education
In a speech given on 25 April Ben Bernanke of the Federal Reserve said the increase in financial products means that consumers have to be increasingly more financially sophisticated.
Chicago Fed National Activity Index, March 2007
The Chicago Fed National Activity Index for March 2007, published 23 April, was +0.01 in March, up from -0.11 in February.
Interview with Dallas Fed's Fisher
In an interview with USA Today, published Monday 23 April, Dallas Fed president Richard Fisher says gaining a better knowledge of globalisation may help the Fed tackle inflation.