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Fed's Bies on regulatory issues

In the speech 'Regulatory issues' given on 12 October Susan Bies of the Federal Reserve said banks were taking increased risks in real-estate lending, adding they could be hurt if interest rates rise or home prices decline.

Chicago Fed 's Moskow on monetary policy

In the speech 'Reflections on monetary policy: Flexibility, transparency, and inflation guidelines' given on 26 September Michael Moskow of the Federal Reserve Bank of Chicago said he was wary of setting strict numerical targets for inflation and that a…

Will a dark horse win race to succeed Greenspan?

This article published on Thursday 6 October says comments by US President Bush this week raise some doubts about the conventional wisdom in Washington and on Wall Street, that the race to succeed Greenspan has boiled down to three principal candidates.

Interview with Atlanta Fed president Jack Guynn

In an interview published on Monday 3 October, Federal Reserve Bank of Atlanta president Jack Guynn said the devastation caused by the recent Hurricanes has not altered his thinking about the longer term path of the economy. "I think we're most likely on…

Greenspan: The worst Fed chief ever

This article published Tuesday 4 October gives a contoversial slant on Alan Greenspan. His recent speech 'Economic flexibility' was an attempt to rewrite history by setting up Ben Bernanke to be the fall guy for all of the problems that Greenspan and the…

Greenspan, term ending, returns to Randian roots

According to this article published on Monday 3 October, Alan Greenspan's recent speech in Chicago represents a return to his philosophical roots. His comments show he surely wants to have some say in how he'll be remembered, it says.

Bush calls for independent Fed Chairman

This article published on Wednesday 5 October looks at US President Bush's comments this week that he is looking for a successor to Alan Greenspan who would be seen as politically independent and who can inspire global confidence.

Dallas Fed's Fisher on the US economy

In the speech 'Contemplating the nature of money and the capillaries of capitalism' given on 6 October Richard Fisher of the Federal Reserve Bank of Dallas said Federal Reserve policy makers must prevent an ``inflation virus'' from disrupting the U.S…

NY Fed's Geithner says market risks have altered

The president of the Federal Reserve Bank of New York said on Thursday 6 October that changes in financial markets have raised the question of whether the financial system is more or less vulnerable to shock, and warrant an examination of risk management…

NY Fed welcomes derivatives markets commitment

The Federal Reserve Bank of New York said on Thursday 6 October it welcomes the initial commitments made by fourteen major market participants to improve the infrastructure that supports the credit derivatives markets.

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.

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