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St Louis's Poole: How predictable is Fed policy?

In the speech 'How predictable is Fed policy?' given on 4 October William Poole of the Federal Reserve Bank of St. Louis said the Federal Reserve has no timetable to alter its policy statements but when that change comes it would signal the end of the…

Dallas Fed's Fisher on the economic outlook

In the speech 'A perspective on the economic outlook' given on 4 October Richard Fisher of the Federal Reserve Bank of Dallas said the Fed needed to be vigilant on inflation and warned a loose fiscal policy risked pushing interest rates higher.

Kansas Fed's Hoenig on monetary policy

In the speech 'Monetary policy and the economic outlook' given on 5 October Thomas Hoenig of the Federal Reserve Bank of Kansas City said the combination of rising price pressures from wages and commodities means U.S. central bank policy-makers must be…

'The Region' from the Minneapolis Fed, Sep 2005

The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for September 2005. The article "Payments system issues and challenges" asks why the market, not the Fed, is the prime mover in the U.S. payments system. The latest…

St Louis Fed's Regional Economist, October 2005

The Regional Economist, October 2005 edition, from the St Louis Fed includes the article "Gramm-Leach-Bliley turns 5". More than five years have passed since Congress enacted the Gramm-Leach-Bliley Act, tearing down regulatory barriers that separated…

Fed wary of inflation, preparing rate increase

According to this article published on Tuesday 4 October, Federal Reserve officials are on track to raise interest rates at their next meeting. Right now they are on the watch for any sign that expectations for future inflation are deteriorating, it says.

Kansas Fed's Hoenig on the global economy

In the speech 'The global economy' given on 15 September Thomas Hoenig of the Federal Reserve Bank of Kansas City said globalisation will probably always have its skeptics and detractors, but the benefits - which are long lasting - outweigh the costs.

Comment: Roach slates Greenspan

Do Alan Greenspan's recent comments regarding the relationship between asset prices, monetary policy and macroeconomic stability present an about-face on some of his most controversial views? If so, what does this mean for the person who is to succeed…

Fed's Ferguson on US currency

In the speech 'US currency' given on 28 September Roger Ferguson of the Federal Reserve said our hope is a smooth transition for the newly designed currency into daily cash transactions.

US payment system working well says Fed's Stern

The US payments system appears to be working well and there is no need for the Fed to significantly alter its role, Minneapolis Federal Reserve President Gary Stern said on Thursday 29 September.

Greenspan farewell party set for December

Finance ministers and central bank presidents from the G7 nations have ensured Alan Greenspan's departure will not go unnoticed with a special session scheduled for December in London as a farewell party.

Fed's Kohn on inflation modeling

In the speech 'Inflation modeling: A policymaker's perspective' given on 29 September Donald Kohn of the Federal Reserve said the low level of US inflation may reflect luck and structural economic change, not just good monetary policy.

Fed's Greenspan on economic flexibility

In the speech 'Economic flexibility' given on 27 September Alan Greenspan of the Federal Reserve said asset bubbles fuelled by "market exuberance" invariably burst and policy-makers cannot safely pierce them.

Bernanke sees 'small' impact from oil prices

Top White House economic adviser Ben Bernanke said on Tuesday 27 September that high energy prices are a burden on households and could ultimately restrain economic growth but so far the impact has been modest.

Bies on Basel II developments in the US

In the speech 'Basel II developments in the United States' given on 26 September Susan Schmidt Bies of the Federal Reserve said the Fed is still assessing the potential effects of proposed new international banking regulations on U.S. banks and hopes to…

Fed's Greenspan on mortgage banking

In the speech 'Mortgage banking' given on 26 September Alan Greenspan of the Federal Reserve said though mortgage debt is rising, most Americans have built up so much equity in their homes that they could weather a price drop without serious harm.

Fed must focus on inflation says Hoenig

Kansas City Fed president Thomas Hoenig said on Monday 26 September that the damage to the US economy caused by hurricanes Katrina and Rita can be shaken off and the Fed must focus on keeping inflation at bay to maintain stable growth.

Fed's Olson on challenges for the banking industry

In the speech 'Business trends and management challenges for the banking industry' given on 16 September Mark Olson of the Federal Reserve called on U.S. lenders to use care with "non-traditional" types of home mortgages such as interest-only and…

NY Fed's Rutledge on bank supervision

In the speech 'Bank supervision and financial center development' given on 1 September William Rutledge of the Federal Reserve Bank of New York said the Federal Reserve's efforts as a supervisor have contributed to the strength and resiliency of our…

No formula for selecting Fed chair

With the US Senate having to confirm a new chair of the Federal Reserve's Board of Governors soon, this article published on Tuesday 20 September asks what is more important to formulating successful monetary policies, profound study of economics or…

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