United States
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.
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…