United States
Rubin, Volcker see shift away from dollar
Robert E. Rubin, Treasury secretary under President Bill Clinton, and former Federal Reserve chairman Paul Volcker have questioned whether foreign investors will keep increasing dollar holdings.
Bernanke seen as unlikely to push inflation target
This article from the Finanical Times, published Wednesday 15 November, says that fallout from the Democrats recent victories could include a slow down in Ben Bernanke's drive to lead the Federal Reserve towards adopting a numerical inflation target.
St Louis Fed's Poole on U.S. labor input
In the speech 'U.S. labor input in coming years' given on 14 November William Poole of the Federal Reserve Bank of St. Louis said the aging U.S. workforce and a declining number of people who want to work may hit growth and make the central bank's job…
NY Fed to change Treasury holdings cap
The Federal Reserve Bank of New York said on Monday 13 November it was changing the limits on its holdings of U.S. Treasury securities in its portfolio.
Phil Fed's Survey of Professional Forecasters
The Federal Reserve Bank of Philadelphia published its Fourth Quarter 2006 Survey of Professional Forecasters on 13 November. The rate of growth in U.S. output over the next few quarters looks slower now than it did just three months ago, according to 51…
Philadelphia Fed Business Outlook Survey, Oct 2006
According to the firms surveyed for the Philadelphia Fed's October 2006 Business Outlook Survey, the pace of activity in the region's manufacturing sector was generally steady in October.
Bernanke holds fewer political meetings
According to data gathered by an academic, Federal Reserve chairman Ben Bernanke is holding fewer political meetings than his predecessor, Alan Greenspan, did in the last five years of his term at the Fed.
Bernanke on monetary aggregates & monetary policy
In the speech 'Monetary aggregates and monetary policy at the Federal Reserve: A historical perspective' given on 10 November Ben Bernanke of the Federal Reserve said the Fed will continue to monitor and analyse money growth even though the relationship…
Democrats may oppose Bernanke's inflation target
According to this article published Thursday 9 November by Bloomberg, it may become harder for Federal Reserve chairman Ben Bernanke to establish an inflation target now that Democrats have control of the U.S. Congress.
'The Region' from the Minneapolis Fed, Sep 06
The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for September 2006. The latest edition carries an interview with Harvard professor Martin Feldstein in which he comments on the current course of monetary policy and…
New York Fed announces Kos to leave
The Federal Reserve Bank of New York announced Wednesday 8 November that Dino Kos, the head of market operations, will resign to pursue interests outside the bank.
Pianalto on monetary policy & the economic outlook
In the speech 'Monetary policy and the economic outlook' given on 6 November Sandra Pianalto of the Federal Reserve Bank of Cleveland warned that another hike in U.S. interest rates might be warranted if inflation failed to fall fast enough to satisfy…
Fed's Lacker on monetary policy tactics & strategy
In the speech 'Monetary policy tactics and strategy' given on 30 October Jeffrey Lacker of the Federal Reserve Bank of Richmond said the best way to gain such credibility is for the Fed to establish an "explicit numerical inflation target" - and then key…
Yellen on economic inequality in the United States
In the speech 'Economic inequality in the United States' given on 6 November Janet Yellen of the Federal Reserve Bank of San Francisco said voiced concern that the nation's income inequality has risen to such a point that even American democracy could be…
Interview with Richmond Fed's Jeffrey Lacker
In an interview with the Financial Times, published Wednesday 8 November, Richmond Fed president Jeffrey Lacker said the Federal Reserve has failed to communicate its determination to bring down inflation in a forceful enough fashion.
Fed's Hoenig: This time it's different (or is it?)
In the speech 'This time it's different (or is it?)' given on 30 October Thomas Hoenig of the Federal Reserve Bank of Kansas City said conditions today are good: strong earnings, good asset quality, no bank failures in more than two years.
Cleveland's Pianalto on the Federal Reserve System
In the speech 'An overview of the Federal Reserve System' given on 5 October Sandra Pianalto of the Federal Reserve Bank of Cleveland said the official data that are available are just not current enough for a forward-looking enterprise like monetary…
Econ Perspectives - Central counterparty clearing
The Chicago Fed's Economic Perspectives for the Fourth Quarter 2006 focuses on central counterparty clearing and includes a summary of the conference, titled "Issues related to central counterparty clearing."
Chicago Fed's Moskow on U.S. economic outlook
In the speech 'U.S. economic outlook' given on 6 November Michael Moskow of the Federal Reserve Bank of Chicago said U.S. economic growth is likely to bounce back from the third quarter, when real gross domestic product rose by 1.6 percent.
Fed gets ambiguous data, no reasons for a change
Federal Reserve officials are likely to keep US interest rates unchanged at their next meeting, according to this article from Bloomberg published Tuesday 7 November.
Fed's Pianalto says US can withstand housing slump
The U.S. economy will withstand the housing slump and grow at a ``moderate'' pace with slowing inflation, Cleveland Federal Reserve Bank president Sandra Pianalto said Monday 6 November.
Greenspan says downturn 'likely temporary'
The current economic downturn is "likely temporary," former Federal Reserve Chairman Alan Greenspan said Monday 6 November, noting that the worst of the housing market slump is likely over.
Kohn on the evolving role of the Fed banks
In the speech 'The evolving role of the Federal Reserve banks' given on 3 November Donald Kohn of the Federal Reserve said the current system of 12 decentralized Fed banks will continue to be needed despite changes in the banking system, but their role…
Fisher on confessions of a data dependent
In the speech 'Confessions of a data dependent' given on 2 November Richard Fisher of the Federal Reserve Bank of Dallas warned that inflation in the United States was still too high, though he recognized the worst could have passed.