United States
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…
Federal Reserve Board - Beige Book, January 2007
The Federal Reserve published its January 2007 Beige Book survey on Wednesday 17 January. The economy entered the new year in pretty good shape, with most parts of the country enjoying moderate growth and businesses increasing hiring, according to the…
Fed's Mishkin on house prices in monetary policy
In the speech 'The role of house prices in formulating monetary policy' given on 17 January Frederic Mishkin of the Federal Reserve said the Fed should not get involved with trying to burst or even slow the growth of housing bubbles because it would lose…
SF Fed's Yellen on the U.S. economy in 2007
In the speech 'The U.S. economy in 2007: Prospects and puzzles' given on 17 January Janet Yellen of the Federal Reserve Bank of San Francisco said inflation is too high at the moment, but the current level of a key interest rate is high enough to bring…
Fed adviser Reinhart to leave for AEI
Vincent Reinhart, one of Federal Reserve Chairman Ben Bernanke's top advisers on interest rates, is leaving the central bank, a statement said Wednesday 17 January.
Boston Fed's Minehan on the economic outlook
In a speech given on 12 January Cathy Minehan of the Federal Reserve Bank of Boston said the US economy appears to be on track for the elusive "soft landing," but rising prices are still the key worry for policymakers at the Federal Reserve.
Fed's Bies on enterprise risk management
In the speech 'Enterprise risk management and mortgage lending' given on 11 January Susan Schmidt Bies of the Federal Reserve said looser underwriting standards were partly responsible for recent rises in late mortgage payments and that lenders should…
IMF's Rato on the benefits of partnership
In the speech 'The benefits of partnership: Keynote speech for the inauguration of the central AFRITAC' given on 9 January Rodrigo de Rato of the IMF said the benefits of increased trade are greatest if it is accompanied by improvements in the regulatory…
Dallas Fed names Issing for globalisation study
The Federal Reserve Bank of Dallas has said Otmar Issing will advise its new think tank on the impact of globalisation on the international economy.