United States
Fed's Bies on the economic outlook
In the speech 'The economic outlook' given on 2 November Susan Bies of the Federal Reserve said steady but slow economic growth in the US should lead to more slack in the job market and allow a decline in worrisome inflation though that outcome is not…
Fed Reserve Bank of St Louis Review, Nov/Dec 2006
The latest edition of the St Louis Fed's Review for Nov/Dec 2006 includes the article 'Money and monetary policy for the twenty-first century.' This essay challenges the conventional wisdom about money and monetary policy.
Fed's Fisher says main goal is inflation control
Federal Reserve Bank of Dallas President Richard Fisher said Thursday 2 November that keeping inflation in check is the central bank's primary goal.
Can we bank on the Federal Reserve?
According to this article from the November 2006 edition of reason, Ben Bernanke, has big shoes to fill-and many possible hazards to sidestep. The article also contains interviews with several Fed watchers, including Milton Friedman, to assess the…
Fed's Bernanke on community development
In the speech 'Community development financial institutions: Promoting economic growth and opportunity' given on 1 November Ben Bernanke of the Federal Reserve said with the explosion of financial choices, consumers must continually sharpen their…
Chicago's Moskow on education & economic growth
In the speech 'Can higher education foster economic growth?' given on 30 October Michael Moskow of the Federal Reserve Bank of Chicago said there may be benefits to universities taking a more direct role in economic development in the United States.
Interview with Dallas Fed's Richard Fisher
Federal Reserve Bank of Dallas president Richard Fisher told Reuters in an interview published Monday 30 October that after a weak third quarter the US economy seems to be recovering.
NY Fed's Geithner on global economic integration
In the speech 'Global economic and financial integration: Some implications for central banking' given on 26 October Timothy Geithner of the Federal Reserve Bank of New York said the central bank must be committed to containing inflation in a world made…
Fed's Stern praises inflation targets
Minneapolis Federal Reserve President Gary Stern on Friday 30 October reiterated his support for the introduction of formal inflation targets by the Fed.
Chicago Fed National Activity Index, September 06
The Chicago Fed National Activity Index for September 2006, published 25 October, was -0.51 in September, down from -0.06 in August. Three of the four broad categories of indicators in the index made negative contributions.
Greenspan notes increasing role of the euro
Former Federal Reserve chairman Alan Greenspan said in a speech on Thursday 26 October that both private investors and central banks were moving away from the U.S. dollar in favour of the euro.
Fed's Lacker - rebel without a pause
This article published Wednesday 25 October notes that Richmond Fed president Jeffrey Lacker has become the first Federal Reserve policy-maker in eight years to dissent from his colleagues for three consecutive meetings.
IMF's Ahmed on modernizing the IMF for the 21st C
In the speech 'Modernizing the IMF for the 21st Century' given on 18 October Masood Ahmed of the IMF said the past decade or so has been a particularly challenging one for the Fund and for the 184 countries which are its members.
Atlanta Fed paper on cross-border banking
The Federal Reserve Bank of Atlanta Working Paper "Cross-border banking: Challenges for deposit insurance and financial stability in the European Union" examines the implications that alternative regulatory structures may have for resolving failed…
Nobel winner Phelps sees Fed transparency risk
Edmund Phelps, awarded the Nobel Prize for economics last week, told Bloomberg in an interview published Wednesday 18 October that Federal Reserve policy makers must make sure that they are no so open with the public that their ability to make decisions…
Study urges improved Fed communications policy
A new study commissioned by Macroeconomic Advisers, headed by former Fed governor Larry Meyer, reveals most leading US financial market participants do not want the US central bank to adopt an inflation objective, a mild form of an inflation target.
SF Fed's Yellen on prospects for the U.S. economy
In the speech 'Prospects for the U.S. economy' given on 16 October Janet Yellen of the Federal Reserve Bank of San Francisco said it makes sense for the Federal Reserve to hold monetary policy stable "for a time" because the full effect of 17 rate…
St Louis Fed's Poole on data, data & yet more data
In the speech 'Data, data and yet more data' given on 16 October William Poole of the Federal Reserve Bank of St. Louis said the case for making data readily available is simple.
Fed's Bies on enterprise risk management
In the speech 'A supervisory perspective on enterprise risk management' given on 17 October Susan Schmidt Bies of the Federal Reserve said that bankers need to beware of their home mortgage lending because there were signs that U.S. housing markets are…
Chicago Fed's Moskow on U.S. economic outlook
In the speech 'U.S. economic outlook' given on 12 October Michael Moskow of the Federal Reserve Bank of Chicago said policy makers may need more rate increases to lower inflation.
Fed's Bernanke on bank regulation and supervision
In the speech 'Bank regulation and supervision: Balancing benefits and costs' given on 16 October Ben Bernanke of the Federal Reserve said U.S. bank regulators are taking a close look at international differences in the implementation of Basel II.
Fed's Mishkin on globalization: A force for good
In the speech 'Globalization: A force for good?' given on 12 October Frederic Mishkin of the Federal Reserve said developing countries need to develop good institutions that allocate capital efficiently in order to raise living standards.
Federal Reserve Board - Beige Book, October 2006
The Federal Reserve published its October 2006 Beige Book survey on 12 October. Half of the Fed's 12 districts reported moderate or mixed economic growth in September, while four noted stronger growth, according to the report.
Lacker stands tall in the Fed's inflation fight
According to this article published Friday 13 October by Bloomberg, Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, is the nation's inflation vigilante.