United States

Chicago Fed 2003 Bank Structure Conference

On May 7-9, the Federal Reserve Bank of Chicago will hold its 39th annual Conference on Bank Structure and Competition. The conference, to be held at the Fairmont Hotel in Chicago, has a rich tradition of serving as a forum to encourage an ongoing…

Cathy Minehan on the economic outlook

In a speech to the Vermont Economic Outlook Conference Cathy Minehan of the Federal Reserve Bank of Boston said the combination of inherent economic resiliency, patience and perspective on all our parts, and a tendency toward more rather than less stable…

Gramlich on loan guarantee programs

In a speech on 'Loan Guarantee Programs' Edward Gramlich of the Federal Reserve said though political motives undoubtedly are involved in the creation of loan guarantee programs, an economic rationale could be involved as well. Some social value, which…

McDonough at the New York Bankers Association

In a speech to the New York State Bankers Association William J. McDonough of the Federal Reserve Bank of New York focused on the theme of technology and the constancy of change in the economy and financial system. Technology, McDonough said, has helped…

Greenspan's testimony to Congress

In a follow-up to the semiannual monetary policy report to Congress Alan Greenspan of the Federal Reserve said the consensus of economic forecasters is that a material rebound in economic activity will develop in the second half of this year, and…

Fed Reserve Bank of Atlanta - Annual Report 2002

The Federal Reserve Bank of Atlanta has published its Annual Report for the year ended 2002. In this year's annual report, Jack Guynn said, some of the bank's senior leaders talk about the transitions they've witnessed during their careers at the Fed,…

Fed held conference calls on economy during war

An early draft of Alan Greenspan's testimony to the House of Representatives Financial Services Committee which was apparently released in error, revealed that the FOMC held regular conference calls during the Iraq war to monitor the US economy,…

New York Fed steps up hunt for president

The search for a replacement at the New York Fed for William McDonough steps up this week with candidates for the post expected to be interviewed. according to the Financial Times. Two prominent candidates for the job include a Mr Fischer and a Mr Fisher.

Credit information laws aid consumers-Greenspan

Speaking to the US Congress on Wednesday 30 April, Alan Greenspan said having credit information flowing freely benefits borrowers by reducing uncertainty and pushing interest rates lower than they would otherwise be, according to Reuters.

Poole on maintaining financial stability

In a speech on 'The Fed's Role in Maintaining Financial Stability' William Poole of the Federal Reserve Bank of St. Louis said the US is fortunate that the Federal Reserve is generally effective in minimizing collateral damage from unpredictable shocks…

Michael Moskow on the economic outlook

In a speech on 'Economic Outlook' Michael Moskow of the Federal Reserve Bank of Chicago said the road to recovery for the economy has turned out to be bumpier than expected. But underlying trends in productivity are strong and although there is still a…

Bernanke - Will business investment bounce back?

In a speech 'Will Business Investment Bounce Back?' Ben Bernanke of the Federal Reserve said this recession is unique in being one of the few business-led-as as opposed to household-led-recessions of the post-World War II period. A strong recovery, he…

Moskow - Perspectives on Community Development

In a speech on 'Perspectives on Community Development' Michael Moskow of the Federal Reserve Bank of Chicago said we must be vigilant, creative and efficient in the way we conduct community development programs, learn from our mistakes and successes, and…

Boston Fed's Cathy Minehan on the economic outlook

In a speech to the Boston Economic Outlook Conference Cathy Minehan of the Federal Reserve Bank of Boston said while she expects that the national economy will regain momentum in the second half of the year and that investment, particularly in the…

Greenspan may try for a fifth term as Fed chief

Alan Greenspan, chairman of the US Federal Reserve, said on Wednesday 23 April that he would accept another term as Fed chairman if nominated by the White House, according to Bloomberg News. "The president and I have not discussed this but I greatly…

Moskow on US economy and corporate governance

In a speech on 'Breaking Down the Breakdown of Corporate Governance: Incentives, Information, and a Rational Course for Policy' Michael Moskow of the Federal Reserve Bank of Chicago said the long-term prospects for our economy are bright. The U.S…

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