United States
Fed Reserve Bank of Dallas - Annual Report 2003
The Federal Reserve Bank of Dallas has published its Annual Report for the year ended 2003. In the report Bob McTeer said the Dallas Fed had a good year in 2003 despite the challenges brought on by a declining volume of paper checks. Like other…
Bush taking time to renominate Greenspan
Alan Greenspan has fewer than six weeks of his term left as Chairman of the Federal Reserve, and some analysts are wondering why George W is yet to renominate the 78-year old Maestro.
Greenspan on financial literacy
In a speech on 'Financial literacy' given on 13 May, Alan Greenspan of the Federal Reserve said in an increasingly complex economy, the skill level that you reach in your 20s will surely be inadequate for the needs of our economy when you reach 40. His…
Fed's Bies on U.S. - EU regulatory dialogue
In a speech on 'U.S. - EU regulatory dialogue' given on 13 May, Susan Schmidt Bies of the Federal Reserve said major US banks have more work ahead to get their internal risk management models up to standard for judging capital adequacy.
Music maestro
Speaking on Thursday 13 May to a group of high school students in Chicago, Alan Greenspan shared some personal memories including life on the road with a dance band as a clarinet and saxophone player.
McTeer says Fed must work harder on growth
Dallas Fed president Bob McTeer said on Thursday 13 May that the Fed must work harder to promote growth and lift employment.
Moskow says Fed can raise rates gradually
The Federal Reserve intends to raise U.S. interest rates at a gradual pace, though much depends on developments in the economy, Chicago Fed President Michael Moskow said on Wednesday.
Chicago Fed's Moskow on the US economic outlook
In the speech 'U.S. Economic Outlook' given on 11 May Michael Moskow of the Chicago Fed said while the rate of U.S. inflation appears to be on the rise, the increase is not substantial enough to worry about. He also said the current degree of policy…
Santomero on monetary policy and the economy
In the speech 'Monetary policy and the economy' given on 11 May Anthony Santomero of the Federal Reserve Bank of Philadelphia said US monetary policy is unlikely to turn "restrictive" as the Federal Reserve raises interest rates at "a measured pace" in…
Olson on the competitive edge of community banks
In the speech 'The competitive edge of community banks' given on 6 May Mark Olson of the Federal Reserve said the wave of consolidation in the U.S. banking industry hasn't led to the extinction of smaller banks.
Moskow on history of the Bank Structure Conference
In the speech 'The history of the Bank Structure Conference' given on 7 May Michael Moskow of the Federal Reserve Bank of Chicago said the mandate of the Conference has expanded to embrace nearly every regulatory, competitive, and strategic issue of…
Poole on Government Sponsored Enterprises
In the speech 'Panel on Government Sponsored Enterprises' given on 6 May William Poole of the Federal Reserve Bank of Chicago said the capital positions of Fannie Mae and Freddie Mac and their quasi-government status remain a lingering threat to…
US Treasury's Snow says no worry on inflation
US Treasury Secretary John Snow said on Monday he was not concerned about the potential for rising prices and interest rates, saying the economy had lots of room to grow without inflation.
Richmond Fed's Broaddus on competition in banking
In the speech 'Competition in Banking: Achieving the Right Balance' given on 6 May J. Alfred Broaddus of the Federal Reserve Bank of Richmond said policy-makers need to change perceptions that large banks will be bailed out if they get into financial…
Barron: Lowering barriers to cross-border payments
In the speech 'Lowering barriers to cross-border payments' given on 5 May Patrick Barron of the Atlanta Fed said we share a common goal to reduce international payment costs and provide banking services to millions of people who don't currently have bank…
Moskow's remarks to the Chicago Fed conference
In welcoming remarks to the 40th Annual Conference on Bank Structure and Competition given on 6 May Michael Moskow of the Chicago Fed said the conference provides a podium for the best new academic research on financial institutions, and a forum for…
Fed minutes show concern at ultra-low rates
Some FOMC members expressed concern at their March meeting that a long period of ultra-low short-term interest rates might lead to increased speculation in financial markets, according to Federal Reserve minutes released ON Thursday 6 May.
Fed's Bies: Financial innovation & risk management
In a speech on 'Financial Innovation and Effective Risk Management' given on 6 May, Susan Bies of the Federal Reserve said banks should take care to safeguard their reputations when considering whether to be involved in complex deals aimed at helping…
Kerry sees Rubin in Greenspan's shoes
US Democratic presidential candidate John Kerry has said that if elected he will seriously consider former treasury secretary Robert Rubin to replace Federal Reserve Chairman Alan Greenspan when he retires.
Olson: The FOMC & the formation of monetary policy
In a speech on 'The Federal Open Market Committee and the Formation of Monetary Policy' given on 5 May, Mark Olson of the Federal Reserve said multiple policy objectives of maximum employment, price stability and moderate long-term interest rates make…
Philadelphia Fed Business Review, 2nd Quarter 2004
The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Second Quarter 2004. In this issue, President Santomero talks about the role of beliefs in economics and monetary policy. Other articles cover the benefits of…
Fed's Greenspan on globalization and innovation
In a speech on 'Globalization and innovation' given on 6 May, Fed Chairman Alan Greenspan said continued globalization and innovation are helping reduce the dangers of a disruptive correction of the U.S. international trade imbalance.
Moskow on personal financial management
In the speech 'The Importance of Personal Financial Management' given on 27 April Michael Moskow of the Federal Reserve Bank of Chicago said new technologies and regulatory changes have allowed banks and other financial institutions to create many new,…
Fed's Bies on innovation in financial markets
In the speech 'Innovation in financial markets and banking relationships' given on 27 April Susan Bies of the Federal Reserve said the credit swap market must prevent inside information on lending customers leaking to trading desks. A credit swap…