United States
Stone on the national & regional economic outlook
In the speech 'National and regional economic outlook' given on 6 April William Stone of the Federal Reserve Bank of Philadelphia said the Federal Reserve must remain vigilant on inflation, but for now incoming data can guide future policy moves.
Dallas Fed's Fisher on global competition
In the speech 'Racing to the top: How global competition disciplines public policy' given on 11 April Richard Fisher of the Federal Reserve Bank of Dallas said globalization has helped to cut U.S. inflation, but has not helped governments to control…
Fed's Olson on compliance-risk management
In the speech 'Enterprise-wide compliance-risk management' given on 10 April Mark Olson of the Federal Reserve said banks and other financial services firms need to bolster their compliance and risk management activities by turning them into…
Fed policy makers behind closed doors
This article published on Wednesday 12 April looks at the recently published transcripts of minutes from the FOMC meetings in 2000. Behind the scenes, our central bankers and their advisers let their hair down a bit, it says.
Greenspan says global imbalances can improve
Former Federal Reserve chief Alan Greenspan told a conference on Wednesday 12 April that global economic imbalances could improve if high-growth economies allowed their currencies to strengthen.
Forecasts pivotal given lags says Fed's Stern
Minneapolis Fed President Gary Stern said on Tuesday 11 April that economic forecasts are vital to the Federal Reserve's decision making because of the delay between policy moves and their economic impact.
Who directs the Federal Reserve Banks?
The Financial Markets Center's tenth annual analysis of Reserve Bank boards of directors, published Monday 10 April, shows that turnover has increased since 2005 while representation of labour and consumer interests remains modest.
Fed's Bies on recent regulatory proposals
In the speech 'A risk-management perspective on recent regulatory proposals' given on 10 April Susan Schmidt Bies of the Federal Reserve said that banking supervisors were concerned that lenders might be relaxing some terms more than was healthy for them…
Richmond Fed's Economic Quarterly, Winter 2006
The Federal Reserve Bank of Richmond has published its Economic Quarterly for Winter 2006. The latest issue includes the article 'Discretionary policy and multiple equilibria'.
NY Fed's Geithner on risk management challenges
In the speech 'Risk management challenges in a changing financial environment' given on 5 April Timothy Geithner of the Federal Reserve Bank of New York said economic stability should not make investors complacent to the possibility of future financial…
St Louis Fed's Regional Economist, April 2006
The Regional Economist, April 2006 edition, from the St Louis Fed includes the article "Is the U.S. current account deficit dangerous?". Although this deficit has been rising steadily since the early 1990s, a "hard landing" for the U.S. economy is…
Columbia economist linked to Fed board
The Federal Reserve is reported to be considering appointing former Columbia University economist and ex-Federal Reserve Bank of New York senior staff member Frederic Mishkin as vice chairman of the Fed's board.
Fed's Poole: Inflation rise difficult to reverse
William Poole said on Friday 7 April that it would be more difficult for the Federal Reserve to deal with a spike in inflation than a softening of growth.
Chicago Fed's Moskow on the US economic outlook
In the speech 'U.S. economic outlook and the current account deficit' given on 6 April Michael Moskow of the Federal Reserve Bank of Chicago said the U.S. economic outlook looks good for the next couple of years, with growth self-sustaining and inflation…
Chicago's Moskow on central counterparty clearing
In the speech 'Public policy and central counterparty clearing' given on 4 April Michael Moskow of the Federal Reserve Bank of Chicago said new clearing arrangements are emerging all the time.
Kroszner on geographic restrictions on banking
In the speech 'The effect of removing geographic restrictions on banking in the United States: Lessons for Europe' given on 6 April Randall Kroszner of the Federal Reserve said the U.S. experience with the change in its banking structure holds…
'Dissolving' Fed secrecy
According to this article published on Wednesday 5 April, in 2000, when Wall Street's bubble burst, Federal Reserve Chairman Alan Greenspan and other Fed officials revealed in their meetings plenty of concern about just where things might be headed.
Fed's Bernanke on financial education
In the speech 'Financial education and the National Jump$tart Coalition Survey' given on 5 April Ben Bernanke of the Federal Reserve said financial literacy for both the young and old is a topic of vital importance to the nation's economic future.
Richmond Fed's Lacker on the economic outlook
In the speech 'The economic outlook' given on 4 April Jeffrey Lacker of the Federal Reserve Bank of Richmond said the U.S. economy looks set for healthy gross domestic product growth of about 3.5 percent in 2006, despite some cooling in the housing…
Feds Hoenig says 'close to where we need to be'
Interest rates are very close to appropriate levels after 15 straight meetings with quarter-point rate hikes, said Thomas Hoenig, the Kansas City Fed president.
Fed's Kroszner on central counterparty clearing
In the speech 'Central counterparty clearing: History, innovation, and regulation' given on 3 April Randall Kroszner of the Federal Reserve said in recent years, public policymakers have demonstrated growing interest and concern about the effectiveness…
Poole on the role of Federal Reserve Banks
In the speech 'The role of Federal Reserve Banks in the Federal Reserve System' given on 30 March William Poole of the Federal Reserve Bank of St. Louis said as for the FOMC meetings themselves, the mystique created by the media is a tad overblown.
Philly Fed chief Santomero departs
According to this article published on Friday 31 March, Philadelphia Federal Reserve Bank president Anthony Santomero steps down during a phase of unusually high turnover at the U.S. central bank.
Comment: The US housing puzzle
A new NBER working paper finds that there is "little evidence" of housing bubbles in the US. The authors argue that even in the highest-price cities, housing is perhaps only slightly more expensive than average.