United States
Fed's Braunstein on non-traditional mortgages
In testimony 'Non-traditional mortgage products' given on 20 September Sandra Braunstein of the Federal Reserve said the Federal Reserve, responding to growing bank and consumer risks from "nontraditional" mortgages, is considering revising Truth in…
Fed, staying put, seeks signals for next move
This article published Thursday 21 September by Bloomberg says that the Federal Reserve's decision to leave US interest rates unchanged on Wednesday indicates they still want to see how matters unfold before doing anything else.
Fed appoints successor to Rich Spillenkothen
The Federal Reserve Board on Thursday 21 September announced the appointment of Roger T. Cole as director of the Division of Banking Supervision and Regulation, effective immediately.
Technology diffusion within central banking
The Federal Reserve Bank of New York Staff Paper "Technology diffusion within central banking: The case of real-time gross settlement" examines the diffusion of real-time gross settlement (RTGS) technology across all 174 central banks.
Fed panel to discuss targets for inflation
According to this article published on the International Herald Tribune's site Monday 18 September, Ben Bernanke is stepping up his push for an inflation target at the Federal Reserve.
New York Fed's Geithner on hedge funds
In the speech 'Hedge funds and derivatives and their implications for the financial system' given on 14 September Timothy Geithner of the Federal Reserve Bank of New York said financial regulators need to pay more attention to whether margin requirements…
Fed wants to tell more, it's just not sure how
According to this article by John Berry of Bloomberg, published Thursday 14 September, the big hurdle for Federal Reserve officials is how they will shed more light on the central bank's inner workings.
Fed's Bies on Basel II and commercial real estate
In testimony 'Basel II and commercial real estate' given on 14 September Susan Schmidt Bies of the Federal Reserve said banks need to guard themselves against taking on too many commercial real-estate loans, and defended regulators' risk-management…
FMC report shows Fed governors get richer
The Federal Reserve Board's governors have grown steadily richer in the last year as President George Bush's appointments have reshaped the board of governors, research by the Financial Markets Center shows.
Fisher on the Federal Reserve and Texas
In the speech 'The Federal Reserve and Texas' given on 29 August Richard Fisher of the Federal Reserve Bank of Dallas said a global boom has been under way for four years now, ignited in no small degree by the easy monetary policy that began in 2001.
IMF World Economic Outlook, September 2006
The International Monetary Fund published its World Economic Outlook September 2006 on 14 September. In the report the IMF raised its forecast for global economic growth while warning that inflation, oil prices and the U.S. housing slowdown threaten the…
Dallas' Rosenblum on inflation rate measure
In the speech 'The trimmed mean PCE inflation rate: A fitter, trimmer core measure' given on 10 September Harvey Rosenblum of the Federal Reserve Bank of Dallas said the Federal Reserve should move away from using inflation measures that exclude food and…
IMF's Rato on prospects for the world economy
In the speech 'Prospects for the world economy' given on 12 September Rodrigo de Rato of the IMF said large global current account imbalances continue to be a major concern for the outlook.
IMF Global Financial Stability Report, Sep 2006
The International Monetary Fund published its Global Financial Stability Report for September 2006 on 12 September. In the report the IMF warned that the risks of a global slowdown had increased due to higher interest rates, surging oil prices and an…
SF Fed's Yellen says rates may have to go up
Federal Reserve Bank of San Francisco President Janet Yellen reiterated Tuesday 12 September her concerns about inflation, and again said now is a time for policy makers to gauge how past interest-rate hikes are affecting the economy.
Boston Fed's Minehan on the US economy
In a speech given on 11 September Cathy Minehan of the Federal Reserve Bank of Boston said the risks of both slower economic growth and higher inflation have grown this summer, complicating the job of monetary policy makers.
St Louis Fed's Poole on the monetary policy model
In the speech 'The monetary policy model' given on 11 September William Poole of the Federal Reserve Bank of St. Louis said the U.S. central bank could do a better job of explaining its policy aims.
Fed's Kohn on evolution of retail payments
In the speech 'Evolution of retail payments and the role of the Federal Reserve' given on 11 September Donald Kohn of the Federal Reserve said technology advances and the increasing use of electronically deposited checks could spell the end of the…
Sept. 11 attacks drag on the world economy today
This article published on Monday 11 September by Bloomberg asks what the world economy would look like if September 11 had never happened.
Philadelphia Fed Business Review, 3rd Quarter 2006
The Federal Reserve Bank of Philadelphia published its Business Review for the Third Quarter 2006 on 8 September. The latest issue contains an article which reviews inflation targeting in developed countries.
Bernanke doesn't rule out hard landing for China
Federal Reserve chairman Ben Bernanke said in a letter released on Friday 8 September that chances of an economic crisis in China were low, but that the chances of a "hard landing" for the economy could not be ruled out.
Report says Bernanke wants more democratic Fed
Federal Reserve chairman Ben Bernanke is trying to depersonalise the Fed by making its decision-making more democratic and easier to understand, The Wall Street Journal reported late on Friday 8 September.
SF Fed's Yellen on prospects for the U.S. economy
In the speech 'Prospects for the U.S. economy' given on 7 September Janet Yellen of the Federal Reserve Bank of San Francisco said the Fed's benchmark rate is at an appropriate level, although risks remain that rates may have to rise to combat inflation.
Cleveland's Pianalto on inflation and expectations
In the speech 'Inflation, Inflation Expectations, and Monetary Policy' given on 8 September Sandra Pianalto of the Federal Reserve Bank of Cleveland said low and stable inflation expectations provided some comfort that a pause in August was not too risky…