United States
Former Dallas Fed head sees two further rate hikes
The Federal Reserve will hike rates by two more quarter-point moves and then stop, according to Robert McTeer, the former president of the Federal Reserve Bank of Dallas.
Bush says replacing Greenspan will be hard
US president Bush said in an interview on Wednesday 8 June that finding a replacement for Federal Reserve chairman Alan Greenspan is going to be a tough job.
Fed-speak a snafu for new Dallas Fed chief
This article looks at what can happen when Federal Reserve officials stray beyond what is known as "Fed-speak". Recent comments by Dallas Fed chief Richard Fisher that the Fed was "clearly in the eighth inning" of a long run of interest rate hikes, with …
Origins of modern central bank policy
The latest issue of the Dallas Fed's Economic Insights magazine profiles Irving Fisher. He was one of America's most celebrated economists during the first quarter of the 20th century and a pioneer in many theoretical and technical areas of economics…
Has Greenspan changed views on bubble management?
This article asks whether Fed chief Alan Greenspan has changed his view that bubble management is strictly an ex-post job for a central banker? With cumulating signs of a bubble in the housing market, the Fed is dipping into its tool chest for some moral…
Chicago Fed's Moskow on promoting economic growth
In a speech given on 9 June Michael Moskow of the Federal Reserve Bank of Chicago said the United States can encourage economic growth by ensuring fair access to credit for small businesses owned by women and minorities.
Snow urges China move to flexible yuan
US Treasury Secretary John Snow said in an interview on Thursday 9 June that he is urging China to move to a more flexible yuan and would like to see more flexible exchange rates across Asia.
Senate panel clears Bernanke's nomination
The US Senate Banking Committee on Thursday 9 June approved the nomination of Federal Reserve Governor Ben Bernanke to head the White House Council of Economic Advisers, sending it to the full Senate for a final vote.
Greenspan says US economy on fairly firm ground
Federal Reserve Chairman Alan Greenspan told the US Congress on Thursday 9 May that the US economy seems to be on a "reasonably firm footing," with inflation under control.
Fed's Kohn on regulatory relief
In testimony 'Regulatory relief' given on 9 June Donald Kohn of the Federal Reserve said the Fed opposes parts of a bill that allows industrial loan companies to offer interest-bearing business transaction accounts without making the companies subject to…
Atlanta Fed's Guynn sees more US rate rises
Jack Guynn, president of the Federal Reserve Bank of Atlanta, said the US economy will be able to withstand further rate hikes as it is on a "solid" growth track.
Fed's Bies expects Basel rules in 6-8 weeks
The Federal Reserve wants to hear from banks about their efforts to implement the Basel II capital agreement, Federal Reserve Governor Susan Schmidt Bies said on Wednesday 8 June.
Greenspan at central bank panel discussion
In the speech 'Central bank panel discussion' given on 6 June Alan Greenspan of the Federal Reserve said that recent efforts to restrict international trade and hinder free markets represent a "truly worrisome" threat to global prosperity.
St Louis Fed's Central Banker, Summer 2005
The St. Louis Fed's Central Banker magazine for Summer 2005 has been published. The latest edition includes an article by Julie Stackhouse, senior vice president of Banking Supervision and Regulation, who shares her thoughts about how community bankers…
'The Region' from the Minneapolis Fed, Jun 2005
The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for June 2005. It includes the article by Gary Stern "Formalizing the success of past policy" on the promise of an inflation targeting framework for achieving long…
Richmond Fed's Economic Quarterly, Spring 2005
The Federal Reserve Bank of Richmond has published its Economic Quarterly for Spring 2005. The latest issue includes the article 'What difference would an inflation target make?'
Gramlich unsure on what 'inning' Fed is in
Federal Reserve governor Edward Gramlich said on Friday 3 June that he did not know what stage the US central bank was at in its interest-rate rise cycle.
New York Fed's Foreign Exchange Operations Report
The U.S. monetary authorities did not intervene in the foreign exchange markets during the January - March quarter, the Federal Reserve Bank of New York said in its Treasury and Federal Reserve Foreign Exchange Operations quarterly report to the U.S…
Dallas Fed chief says tightening cycle may be over
The FOMC may soon end its trend of interest rate increases but inflation remains a risk due to strong U.S. growth, Federal Reserve Bank of Dallas President Richard Fisher said on Wednesday 1 June.
Chicago Fed's Moskow on job losses
In the speech 'Job loss: Causes, consequences, and policy responses' given on 26 May Michael Moskow of the Federal Reserve Bank of Chicago said U.S. monetary policy remains accommodative and, with the economy on a solid growth path, interest rates can…
Fed's Ferguson says US house prices to slow
House prices seem high in much of the United States and price growth is likely to slow, Federal Reserve Vice-Chairman Roger Ferguson said on Friday 27 May in a speech at the seventh Deutsche Bundesbank spring conference.
Who will fill Greenspan's shoes?
This article published on Thursday 26 May speculates on Alan Greenspan's successor at the Fed. Ben Bernanke will have to abandon his preference for Hawaiian shirts and Bermuda shorts, it says, while Martin Feldstein looks risky given his outspokenness…
Fed's Bies on capital and risk management
In the speech 'Capital and risk management' given on 26 May, Susan Schmidt Bies of the Federal Reserve said she sees no reason to replace Basel I for the vast majority of banks in the United States.
Phil Fed's Survey of Professional Forecasters
The Federal Reserve Bank of Philadelphia has published its Second Quarter 2005 Survey of Professional Forecasters. Growth in the economy looks slower in the first six months of this year, according to 46 forecasters surveyed.