United States
Boston's Minehan says she will retire this year
Federal Reserve Bank of Boston president Cathy Minehan said Thursday 11 January she plans to retire later this year but will stay in place until her successor is named.
NY Fed's Geithner on the global economy
In the speech 'Developments in the global economy and implications for the United States' given on 11 January Timothy Geithner of the Federal Reserve Bank of New York said a large accumulation of dollars in official reserves has helped keep U.S. interest…
A reassuring Reserve
According to this article from the Financial Times, published Thursday 11 January, the Federal Reserve's decision to halt its series of interest rate rises in June last year now looks to have been correct.
Kansas Fed's update to ATM and debit card guide
The Federal Reserve Bank of Kansas City published the 2006 update to "A Guide to the ATM and Debit Card Industry" on 8 January. The three years since the original book was published have been a very dynamic time in the industry with a number of important…
Fed's Kohn on the economic outlook
In the speech 'The economic outlook' given on 8 January Donald Kohn of the Federal Reserve said the US economy is expected to continue to grow at a moderate pace and prices should rise at a slower rate in the coming year.
Wall Street Systems announce new derivatives deal
Wall Street Systems, a provider of global treasury, trading and settlement services, has announced a new partnership with NumeriX, provider of cross-asset derivatives pricing and valuation software.
Bernanke on central banking & bank supervision
In the speech 'Central banking and bank supervision in the United States' given on 5 January Ben Bernanke of the Federal Reserve said that the Fed's job of regulating the nation's banks gives the central bank more expertise in dealing with financial…
Boston Fed's Minehan on the economic outlook
In a speech given on 5 January Cathy Minehan of the Federal Reserve Bank of Boston said the U.S. economy will likely pick up again this year while price pressures ebb, but inflation remains a challenge for policymakers.
Barney Frank says no to narrowing Fed's mandate
According to this article from John Berry at Bloomberg, published Friday 5 January, the Federal Reserve received a reminder this week about how politically sensitive it would be to adopt an inflation target.
St Louis Fed's Central Banker, Winter 2006
The St. Louis Fed has published the Winter 2006 edition of its Central Banker magazine. In the article 'Anecdotal information makes raw data breathe' First VP Dave Sapenaro looks at the sources of information that inform Bank President Bill Poole when…
St Louis Fed's Regional Economist, January 2007
The St Louis Fed's Regional Economist for January 2007 includes the article 'The economics of eminent domain'. The forced sale of homes for private development usually results in a zero-sum gain and may actually hinder development in the area, economists…
Richmond Fed's Economic Quarterly, Fall 2006
The Federal Reserve Bank of Richmond has published its Economic Quarterly for Fall 2006. The latest issue includes the article 'Changes in the size distribution of US banks: 1960-2005' which documents the large changes in the size distribution and size…
Fed minutes show inflation concern
Federal Reserve officials continued to view the current rates of core inflation as "uncomfortably high" at their meeting last month, minutes released Wednesday 3 January showed.
Kansas City Fed's TEN, Winter 2007
The Winter 2007 issue of the Federal Reserve Bank of Kansas City's TEN takes a look at the way Americans save. It says that while rates are low, they might not be as dire as predicted.
Fed Reserve Bank of St Louis Review, Jan/Feb 2007
The latest edition of the St Louis Fed's Review for January/February 2007 includes the article 'Milton Friedman, 1912-2006: Some personal reflections.' This article by William Poole says that the recent articles on Milton did not adequately emphasize an…
Central banks will give less of the same in 2007
According to this article published by Bloomberg on Tuesday 26 December, current forecasts suggest there might be fewer changes in key central bank interest rates in 2007.
Philadelphia Fed Business Outlook Survey, Dec 2006
According to the firms surveyed for the Philadelphia Fed's December 2006 Business Outlook Survey, overall economic conditions in the region's manufacturing sector declined slightly in December. Indicators for general activity, new orders, and unfilled…
Richmond Fed's Lacker on the economic outlook
In the speech 'Economic outlook' given on 21 December Jeffrey Lacker of the Federal Reserve Bank of Richmond said it's too soon to say price increases have moderated enough to put policymakers at ease.
Chicago Fed National Activity Index, November 2006
The Chicago Fed National Activity Index for November 2006, published 21 December, was -0.26 in November, slightly up from -0.30 in October. All of the four broad categories of indicators in the index made negative contributions.
Dallas Fed's Fisher: a wrap-up of the economy
In the speech 'A year-end wrap-up of the economy and a peek ahead' given on 19 December Richard Fisher of the Federal Reserve Bank of Dallas said rising inflation is a greater concern than a slowing economy and monetary policymakers may be forced to…
IMF's Kato on communications
In the speech 'Enhancing macroeconomic policies through communications' given on 18 December Takatoshi Kato of the IMF said the world economy has now seen several years of strong growth.
US, China agree reforms but differ on timing
Following the talks in Beijing last week U.S. Treasury Secretary Henry Paulson said China and the US have agreed basic principles on a wide range of issues including economic times, but the timing of any moves remains a stumbling block.
Fed's Bernanke on the Chinese economy
In the speech 'The Chinese economy: Progress and challenges' given on 15 December Ben Bernanke of the Federal Reserve said Chinese policy-makers risk losing control of their economy unless they let the yuan rise in value and strengthen their financial…
Philadelphia Fed Business Review, 4th Quarter 2006
The Federal Reserve Bank of Philadelphia published its Business Review for the Fourth Quarter 2006 on 13 December. The latest issue has articles on housing, exports, and segmented markets. Written by Senior Economic Analyst Tim Schiller, the housing…