United States
SF Fed's Yellen on the Asian financial crisis
In the speech 'The Asian financial crisis ten years later: Assessing the past and looking to the future' given on 6 February Janet Yellen of the Federal Reserve Bank of San Francisco said China's exchange rate policy should be more flexible in order to…
Fed's Bernanke on economic well-being
In the speech 'The level and distribution of economic well-being' given on 6 February Ben Bernanke of the Federal Reserve said education, not protectionism, is the best weapon in the fight against rising income-inequality.
Fed's Moskow says Chicago lagging US on growth
A top Fed official said Tuesday 6 February in a speech that Chicago lags behind the rest of the US, making it imperative for city officials to pursue more adaptable policies.
IMF's Lipsky on emerging market economies
In the speech 'Developing deeper capital markets in emerging market economies' given on 2 February John Lipsky of the IMF said well-functioning local capital markets make a vital contribution to the efficiency and stability of global financial…
Chicago Fed's Economic Perspectives, First Q 2007
In 'Bubble, bubble, toil, and trouble' Cabray Haines and Richard Rosen note that the rapid rise of real estate prices in recent years has led to fears of a housing price bubble. But to determine whether there has been a bubble-and whether the bubble is…
Monetary policy inertia and recent Fed actions
The Federal Reserve Bank of San Francisco's Economic Letter for 03-2007 describes and assesses two interpretations of recent monetary policy actions by the Federal Reserve.
New York Fed's Foreign Exchange Operations Report
According to the Federal Reserve Bank of New York's Treasury and Federal Reserve Foreign Exchange Operations quarterly report for October-December 2006, published 1 February, the U.S. monetary authorities did not intervene in the foreign exchange markets…
Report says Fed debating 'soft' inflation target
Federal Reserve officials have discussed whether an implicit, or "soft" inflation target might be preferable, the Wall Street Journal reported on Friday 2 February.
Lewis named as Richmond Fed deputy chair
The Federal Reserve Board of Governors on Wednesday 31 January named a new deputy chairman of the Federal Reserve Bank of Richmond.
What explains the US net income balance?
According to this BIS Working Paper, despite a significant deterioration in the US net foreign asset position, there has not been a corresponding deterioration in the net income balance.
Ex-Fed's Rivlin says Bernanke gets an 'A'
"In general, I think he's doing a very good job...I think he gets an A on several different grounds," former Federal Reserve vice chairwoman Alice Rivlin told Kyodo News in an interview published Monday 29 January, ahead of the anniversary of Bernanke's…
Fed has yet to set target on inflation
According to this article from The New York Times, published Tuesday 30 January, as Ben Bernanke celebrates his first anniversary as Fed chairman, the US central bank is still far away from acting on his major proposal.
Kansas Fed's Hoenig on monetary policy in 2007
In the speech 'The national economy and monetary policy in 2007' given on 19 January Thomas Hoenig of the Federal Reserve Bank of Kansas City said there has been a discrepancy lately between the views of FOMC members, as summarised in the Committee's…
US imbalances: the role of technology and policy
This ECB Working Paper published Thursday 25 January investigates the role of three likely factors in driving the steady deterioration of the US external balance: US technology developments, changes in the US government fiscal position and the Fed's…
Moskow sets retirement, leaving fourth Fed opening
This article published Monday 22 January by Bloomberg notes that Federal Reserve Bank of Chicago president Michael Moskow's departure will leave a fourth high-level opening at the central bank.
Chicago Fed National Activity Index, December 2006
The Chicago Fed National Activity Index for December 2006, published 22 January, was +0.04 in December, up from -0.30 in November. Three of the four broad categories of indicators in the index made negative contributions.
SF Fed's Yellen on the US economy in 2007
In the speech 'The US economy in 2007: Prospects and puzzles' given on 22 January Janet Yellen of the Federal Reserve Bank of San Francisco said the Federal Reserve's interest rate policy is about right even as a "gangbusters" labor market may fuel…
Bies on the economic outlook, mortgage market
In the speech 'Economic outlook and developments in mortgage markets' given on 18 January Susan Bies of the Federal Reserve said weakness in U.S. home building appears not to have spilled over to other sectors, while a slowing in broader price rises is…
Rato on ten years after the Asian currency crisis
In the speech 'Ten years after the Asian currency crisis: Future challenges for the Asian economies and financial markets' given on 22 January Rodrigo de Rato of the IMF said Asian countries are more prepared to handle risks stemming from volatility in…
Chicago Fed's Moskow announces plans to step down
Federal Reserve Bank of Chicago president Michael Moskow confirmed on Monday 22 January he will retire on 31 August.
Philadelphia Fed Business Outlook Survey, Jan 2007
According to the firms surveyed for the Philadelphia Fed's January 2007 Business Outlook Survey, economic conditions in the region's manufacturing sector improved in January.
Richmond Fed's Lacker on the economic outlook
In the speech 'Economic outlook' given on 19 January Jeffrey Lacker of the Federal Reserve Bank of Richmond said the possibility of resurgent inflation remains the biggest risk to policymakers.
Fed's Bernanke on fiscal challenges facing the US
In testimony 'Long-term fiscal challenges facing the United States' given on 18 January Ben Bernanke of the Federal Reserve said the economy could be gravely hurt if Social Security and Medicare aren't revamped, and he called on lawmakers to tackle the…
Cleveland Fed's Pianalto on economic conditions
In the speech 'National and regional economic conditions' given on 18 January Sandra Pianalto of the Federal Reserve Bank of Cleveland said financial markets seem confident that the Federal Reserve will bring inflation back down, but there is a risk…