United States
Greenspan gets the nod for new Fed term
President Bush finally renominated Alan Greenspan to another term as Federal Reserve chairman this week. Greenspan expressed his honour at the renomination. If he holds the chair until June 2006, Greenspan will be the longest-serving chairman in the Fed…
Greenspan on acceptance of the Eisenhower Medal
In a speech on 'Acceptance of the Eisenhower Medal for Leadership and Service' given on 20 May, Alan Greenspan of the Federal Reserve said fears that the 2001 terrorist attacks could halt the growth of international commerce have proven groundless as the…
Fed's Bernanke on gradualism
In a speech on 'Gradualism' given on 20 May, Ben Bernanke of the Federal Reserve said the Fed should be able to push short-term interest rates up at a gradual pace, but the speed of expected rate hikes will be dictated by economic events.
Fed's Gramlich on workplace financial education
In a speech on 'Workplace Financial Education' given on 20 May, Ed Gramlich of the Federal Reserve said a financially smart worker is often a better worker.
US inflation a concern for McTeer
A recent rise in U.S. inflation has raised some concerns but Federal Reserve officials are not unduly worried, Dallas Federal Reserve Bank President Robert McTeer said on Thursday 20 May.
Central bank holdings of US debt at new high
Foreign central banks increased their holdings of U.S. debt in the last week, the Federal Reserve reported on Thursday 20 May, taking their total holdings to yet another record.
Markets right to expect rate rise: Fed's Stern
Minneapolis Fed President Gary Stern said in an interview on Wednesday 19 May that financial markets are right to expect the Federal Reserve to start raising interest rates.
Richmond Fed's Broaddus on the economy and banking
In a speech on 'Comments on the Economy and Banking' given on 18 May J. Alfred Broaddus of the Federal Reserve Bank of Richmond said an upswing in core inflation had grabbed policymakers' attention. Broaddus indicated the Fed's stated goal of raising…
Fed's Bies on corporate governance
In a speech on 'Corporate Governance: Where Do We Go From Here?' given on 19 May, Susan Schmidt Bies of the Federal Reserve repeated on Wednesday that banks involved in setting up structured finance deals need to ensure they are undertaken for proper…
Santomero: Fed must be alert to inflation signs
Philadelphia Federal Reserve President Anthony Santomero said on Tuesday 18 May that the central bank must be mindful of further signs of inflation pressures, but can generally expect to raise rates at a "measured pace," as last stated by the FOMC.
Bies on corporate governance and community banks
In a speech on 'Corporate governance and community banks' given on 17 May, Susan Schmidt Bies of the Fed said a Federal Reserve review of corporate governance practices at smaller banks found most of them in good shape.
Fed's Ferguson on the role of central banks
In a speech on 'The Role of Central Banks in Fostering Efficiency and Stability in the Global Financial System' given on 17 May, Roger Ferguson of the Federal Reserve said the Federal Reserve's dual responsibilities for ensuring economic stability and…
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…