United States
Fed pick Bernanke meets with Senators
Federal Reserve nominee Ben Bernanke began making courtesy calls on Thursday 27 October with senators who will determine his nomination's fate.
Greenspan on the Council of Economic Advisers
In a speech given on 26 October Alan Greenspan of the Federal Reserve praised the advice provided to presidents by the Council of Economic Advisers.
Chicago Fed National Activity Index, September 05
The Chicago Fed National Activity Index for September 2005 was -0.71 down from -0.09 in August. Two of the four broad categories of indicators that make up the index - production and employment - made negative contributions.
Federal Reserve Bulletin, Summer 2005
According to the Federal Reserve's Bulletin for Summer 2005, the U.S. economy continued to expand at a solid pace over the first half of 2005 despite the restraint imposed on aggregate demand by a further rise in crude oil prices.
Comment: Talking points in October
October has been a month of change, with high-profile staff announcements at the Bank of England, the Swedish Riksbank and, of course, the U.S. Fed. Here is a check list of these and other topics that have surfaced this month and are likely to remain of…
Fed's Guynn on the unknowns of a changing economy
In the speech 'Resolving the unknowns of a changing economy' given on 20 October Jack Guynn of the Federal Reserve Bank of Atlanta said it was appropriate for the Fed to continue to raise interest rates to a "neutral" level and this would help keep…
NY Fed's Geithner on the US and global economy
In the speech 'U.S. and the global economy' given on 19 October Timothy Geithner of the Federal Reserve Bank of New York said global imbalances present a threat to the world economy and should be addressed.
Atlanta Fed's Barron on a viable payments future
In the speech 'Making a commitment to a viable payments future' given on 5 October Patrick Barron of the Federal Reserve Bank of Atlanta said that our payments system is going through a difficult transition. Today, the development of new technology and…
Ben Bernanke has a lot going for him to make it
According to this article published on Tuesday 25 October, Ben Bernanke will have a lot going for him if he becomes, as expected, the next chairman of the Federal Reserve. He is among the most knowledgeable economists in the world about monetary policy…
How can Bernanke succeed Greenspan?
This article published on Tuesday 25 October asks how can Ben Bernanke succeed a man described by President Bush as the most dominant central banker in history?
Bernanke doesn't see inflation picking up
U.S. inflation pressures are likely to remain within the energy sector, and fiscal and monetary policy remains accommodative, Federal Reserve chairman nominee Ben Bernanke said in a newspaper interview published on Tuesday 25 October.
Comment: 'Ideas guy' takes the reins
The nomination of Ben Bernanke to be the fourteenth Federal Reserve chairman has been met in academic and policymaking circles with warm applause. Bernanke, quite simply, was the candidate the market wanted.
Philadelphia Fed Business Outlook Survey, Oct 2005
According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, October 2005, the pace of activity in the region's manufacturing sector picked up in October.
Dallas Fed's Fisher on globalization and Texas
In the speech 'Globalization and Texas' given on 19 October Richard Fisher of the Federal Reserve Bank of Dallas said he remains an inflation hawk and will continue to push for policy that keeps inflation expectations in check.
Fed's Santomero: Lessons from business cycle
In the speech 'Lessons from our recent business cycle: A policymaker's perspective' given on 4 October Anthony Santomero of the Federal Reserve Bank of Philadelphia said the Fed will have to keep raising official interest rates to keep temporary price…
Greenspan to testify on economic outlook 3 Nov
Federal Reserve Chairman Alan Greenspan will testify on the U.S. economic outlook before the Joint Economic Committee of Congress on 3 November, the panel said on Friday 21 October.
Rato says US rates should rise, ECB hold
The US Federal Reserve should increase interest rates gradually but the European Central Bank should keep its rate on hold for now, the International Monetary Fund chief Rodrigo Rato said in an interview.
Yellen says Fed should not target asset bubbles
San Francisco Fed President Janet Yellen said on Friday 21 October that the Federal Reserve's interest rate policy should not target asset bubbles such as the U.S. housing market.
Bernanke nominated to replace 'legend' Greenspan
US President George W. Bush on Monday 24 October nominated White House economic adviser Ben Bernanke to succeed Alan Greenspan as chairman of the Federal Reserve.
Greenspan: global giant but awkward legacy
According to this article published on Tuesday 18 October, the Fed's sway over world markets was arguably at its peak in 1998. Before both the launch of the euro and the massive reserve accumulation in Asia that has bestowed China and others with…
Greenspan isn't signaling rate-increase pause
According to this article published on Thursday 20 October, when Alan Greenspan told business executives in Tokyo this week that from now on "the recent surge in energy prices will undoubtedly be a drag" on economic growth, he wasn't signaling a pause in…
NY Fed Staff Paper on Treasury securities
The U.S. Treasury announced in August 2005 that it is exploring whether to provide a backstop securities lending facility for U.S. Treasury securities. The New York Fed Staff Paper "Why is the U.S. Treasury contemplating becoming a lender of last resort…
Fed's Lacker: interest rates after Greenspan
In the speech 'Interest rate policy after Greenspan' given on 20 October Jeffrey Lacker of the Federal Reserve Bank of Richmond said the U.S. central bank would respond to economic developments as needed to preserve its credibility as an inflation…
Fed's Pianalto: Economic conditions, mon. policy
In the speech 'Economic conditions and monetary policy' given on 19 October Sandra Pianalto of the Federal Reserve Bank of Cleveland said the Federal Reserve should keep raising interest rates, but how high will be determined by U.S. inflation and growth.