United States
Central bankers to hold panel meeting
Top central bankers from Europe, Japan and the United States will participate in a panel meeting in Washington on Monday 5 June.
Kohn Senate hearing set for 8 June
The Senate Banking Committee said on Thursday 1 June that it will hold a hearing on the nomination of Federal Reserve governor Donald Kohn to be vice chairman at the Fed next Thursday.
Fed minutes show uncertainty on future hikes
Federal Reserve policymakers at their May meeting considered raising a key interest rate by half a percentage point before deciding on a quarter-point increase, minutes published Wednesday 31 May showed.
Bernanke subcommittee to explore communication
Federal Reserve chairman Ben Bernanke has called on three experienced Fed officials to explore a broad range of issues related to how the Fed talks to financial markets.
Comment: Fed ponders communication strategy
The minutes of the US Fed's last monetary policy meeting, released this week, have enhanced the perception of an uncertain FOMC, and strengthened the view that further rate increases will be required. A close look at recent events show that the issue of…
Yellen on monetary policy in a global environment
In the speech 'Monetary policy in a global environment' given on 27 May Janet Yellen of the Federal Reserve Bank of San Francisco said a depreciation in the U.S. dollar could increase the need for tighter Federal Reserve monetary policy.
Former Fed chair Volcker faults US policy
Former chairman of the Federal Reserve Paul Volcker has said US policy abroad is too abrasive.
Japan's Tanigaki sees continuity with Paulson
Japanese Finance Minister Sadakazu Tanigaki said Wednesday 31 May that he does not believe, at least for now, that there will be a change in the U.S. foreign exchange policy under Treasury Secretary nominee Henry Paulson.
Fed's Olson on community development
In the speech 'Community development and the bigger picture' given on 25 May Mark Olson of the Federal Reserve said recent news on the U.S. economy has been positive on balance and forecasters expect activity to moderate to a more sustainable pace than…
Fed Reserve Bank of Dallas - Annual Report 2005
The Federal Reserve Bank of Dallas's Annual Report 2005 includes the essay "Racing to the top: How global competition disciplines public policy." All over the world, consumers are getting more of what they buy from other countries. Since 1987, exports…
Bush nominates Henry Paulson as Treasury Secretary
US President George W. Bush on Tuesday 30 May said he would appoint Hank Paulson, chief executive of Goldman Sachs, to take over from John Snow as treasury secretary.
Fed can't ignore stock, home prices says Bernanke
Fed chairman Ben Bernanke said in a written response to a senator that the US central bank cannot turn a blind eye to price changes for stocks and homes when deciding on interest rates, but should take action only when they threaten the overall economy.
Bernanke to deliver MIT's commencement address
Federal Reserve chairman Ben Bernanke will deliver the main commencement address at the Massachusetts Institute of Technology on 9 June.
Federal Reserve Bank of Atlanta - Annual Report 05
According to the Federal Reserve Bank of Atlanta's Annual Report 2005, the 2005 hurricane season made an indelible mark on the Southeast.
Chicago Fed National Activity Index, April 2006
The Chicago Fed National Activity Index for April 2006, published 18 May, was +0.38 in April, up slightly from +0.35 in March.
Fisher on globalization's impact on U.S. growth
In the speech 'Globalization's impact on U.S. growth and inflation' given on 22 May Richard Fisher of the Federal Reserve Bank of Dallas said Washington policymakers don't understand how globalization has changed the world economy.
Fed's Olson on compliance risk management
In the speech 'Compliance risk management in a diversified environment' given on 16 May Mark Olson of the Federal Reserve said the Fed is pleased that large banks are creating senior positions to oversee whether institutions are in step with regulations…
Fed's Kroszner on innovative statistics
In the speech 'Innovative statistics for a dynamic economy' given on 24 May Randall Kroszner of the Federal Reserve said that Congress should spend money and seek new approaches to bring U.S. economic statistics into the new century.
SF Fed paper on the bond yield 'conundrum'
The Federal Reserve Bank of San Francisco Working Paper "The bond yield 'conundrum' from a macro-finance perspective," published May 2006, documents the extent and timing of the bond yield conundrum using two empirical no-arbitrage macro-finance models…
Bush has 'total confidence' in Bernanke
President George W. Bush has "total confidence" in Federal Reserve chief Ben Bernanke, a top White House adviser said in an interview on Thursday 25 May.
Chicago's Moskow on bank structure and competition
In welcoming remarks for the 42nd annual conference on bank structure and competition given on 18 May Michael Moskow of the Federal Reserve Bank of Chicago said products such as adjustable rate and no-money-down mortgages have helped boost U.S…
Philadelphia Fed Business Outlook Survey, May 2006
According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, May 2006, business activity increased slightly. However, indicators for new orders, shipments, and employment were down from their readings in April.
Fisher on the Trustees of America's potential
In a speech 'To the Trustees of America's economic potential' given on 20 May Richard Fisher of the Federal Reserve Bank of Dallas told students that they are living "in a world undergoing dramatic change."
Geithner on financial supervision and regulation
In the speech 'Principles to guide the future evolution of financial supervision and regulation' given on 19 May Timothy Geithner of the Federal Reserve Bank of New York said US financial institutions need to examine "the frontier of risk" to make sure…