United States
Lacker sees continued clarity move for Fed
Richmond Fed president Jeffrey Lacker said Friday 20 January that Fed chairman-nominee Ben Bernanke will maintain the shift toward greater policy transparency.
Federal Reserve Board - Beige Book, January 2006
The Federal Reserve published its January 2006 Beige Book survey on 18 January. US economic activity increased across the country in the last several weeks of 2005, but rising energy costs worried businesses in some areas, the report said.
Fed's Bies on productivity and economic outlook
In the speech 'Productivity and economic outlook' given on 18 January, Susan Schmidt Bies of the Federal Reserve said last fall's inflation scare has eased somewhat, and the core U.S. inflation rate is at a manageable level.
Bernanke must prove mettle with rate hike
What the financial markets want from a new Fed chairman are several attributes, among them technical competence and independence, according to this article published on Tuesday 17 January. To prove he's the right person for the job, Ben Bernanke must…
Philadelphia Fed Business Review, 4th Quarter 2005
The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Fourth Quarter 2005. The latest edition includes the article "Making monetary policy: What do we know and when do we know it?"
Bernanke to testify on Fed policy mid Feb
Federal Reserve Chairman-nominee Ben Bernanke is likely to visit Capitol Hill in mid-February to deliver the Fed's semiannual monetary policy report.
St Louis Fed's Central Banker, Winter 2005
The St. Louis Fed has published the Winter 2005 edition of its Central Banker magazine. The article "How is the payment business likely to change?" says that while financial institutions and others continue to invent and offer various payment "whiz-bang"…
Fed's Guynn sees less clear policy outlook
Atlanta Fed President Jack Guynn on Monday 16 January said the US central bank's interest rate policy outlook is becoming less clear and more tied to the economy.
Former Fed governors expect change
According to the article "As Bernanke era begins, former Fed governors expect change" published Wednesday 11 January, Ben Bernanke will arrive at the Fed without the clout either of his predecessors carried on Wall Street or in Washington. Only time will…
Mexican reserves will protect in election campaign
Mexico's large currency reserves offer protection against the risk that the peso could be destabilised during the country's presidential campaign, a regional Fed president said Friday.
US's Snow says some dollar reserves shift normal
U.S. Treasury Secretary John Snow said on Friday 13 January some countries' movement of reserves out of dollar-denominated assets would have only a small impact on U.S. markets.
Greenspan set for book deal, after dinner speeches
Soon to retire Fed chairman Alan Greenspan is keen to start work on a book, and will also become a highly sought-after speaker when he leaves the US central bank, reports said on Monday 16 January.
Chicago Fed's Moskow on the US economic outlook
In the speech 'US economic outlook' given on 12 January Michael Moskow of the Federal Reserve Bank of Chicago called for more rate hikes to snuff out any potential for higher inflation at a time U.S. economic growth is on a "self-sustaining" track.
Alan Greenspan - Monetary myopia
The accolades bestowed upon Alan Greenspan ahead of his retirement on January 31st have a strong whiff of irrational exuberance, according to this article published on Thursday 12 January. "Does he really deserve such uniform praise?" it asks.
Dallas Fed launches new publication
The Federal Reserve Bank of Dallas has launched 'Economic Letter,' a monthly publication, that will provide commentary on important trends and policy issues shaping the increasingly global economy.
NY Fed to hold credit derivatives meeting
The Federal Reserve Bank of New York has scheduled a meeting on 16 February, to follow up on issues and major developments in the credit derivatives markets since its 15 September 2005, meeting.
Ferguson's banking expertise may aid Bernanke
Although Ben Bernanke will take the reins of the U.S. economy when he takes over as chairman of the Federal Reserve next month; Roger Ferguson may be the one holding the reins of the Fed itself, this article published on Wednesday 10 January suggests.
NY Fed's Geithner on U.S. monetary policy
In the speech 'Some perspectives on U.S. monetary policy' given on 11 January Timothy Geithner of the Federal Reserve Bank of New York said the rise and fall of asset prices such as stocks, bonds and homes will probably play a bigger role in setting U.S…
Who is Ben Bernanke?
Of all the things investors can worry about in the new year, the Greenspan void has to be on the list, according to this article published on Monday 9 January. Bernanke faces not only the risk of unsettling the Greenspan bon ami in global markets, it…
Pianalto on childhood education & economic future
In the speech 'Early childhood education and our economic future' given on 10 January Sandra Pianalto of the Federal Reserve Bank of Cleveland said raising education standards will lift U.S. growth, employment and income and ease the fiscal burden of…
Bernanke Senate vote expected by 31 Jan
The full US Senate will vote on whether to confirm Ben Bernanke as the next Federal Reserve chairman by the end of January, a spokesman for Senate Majority Leader Bill Frist said on Tuesday 10 January.
St Louis Fed's Regional Economist, January 2006
The Regional Economist, January 2006 edition, from the St Louis Fed includes the article "A lesson in productivity for higher ed". College tuition has increased dramatically over the past decade, yet few think the quality of graduates has kept up…
Fed's Fisher: Globalization impact on mon. policy
In the speech 'Coping with globalization's impact on monetary policy' given on 6 January Richard Fisher of the Federal Reserve Bank of Dallas reiterated his vow to keep inflation contained, and offered again his concerns about the budget deficits the…
Fed's Hoenig on the national economy & mon. policy
In the speech 'The national economy and monetary policy in the new year' given on 9 January Thomas Hoenig of the Federal Reserve Bank of Kansas City said the U.S. central bank has pushed interest rates into the lower end of a "neutral" range and where…