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United States

Greenspan on rural economic issues

In a speech on 'Rural economic issues' given on 25 March, Alan Greenspan of the Federal Reserve said the rapid gains in farm productivity in the United States continue to this day and along myriad fronts. In agriculture, as everywhere else in our economy…

Geithner on challenges facing US financial system

In a speech on 'Change and Challenges Facing the U.S. Financial System' given on 25 March, Timothy Geithner of the Federal Reserve Bank of New York said the current deterioration in the U.S. fiscal position and the acute decline in the net national…

St Louis Fed's Regional Economist, April 2004

The Quarterly Review of Business and Economic Conditions, The Regional Economist, April 2004 edition from the St Louis Fed includes the article "Miscommunication". What the Fed said last year it could do if deflation surfaced was one thing. What the…

Fed's Bernanke on trade and jobs

In a speech on 'Trade and jobs' given on 30 March, Ben Bernanke of the Federal Reserve said the slow pace of hiring in the US is related to increasing productivity and not to outsourcing or trade.

Gramlich on The Board's Modeling Work in the 1960s

In a speech on 'The Board's Modeling Work in the 1960s' given on 26 March, Edward Gramlich of the Federal Reserve said poor decision-making by Federal Reserve officials in the late 1960s reflected political interference and not a misunderstanding of the…

Bernanke: Financial education and Jump$tart survey

In the speech 'Financial education and Jump$tart survey' given on 1 April Ben Bernanke of the Federal Reserve said the Federal Reserve is involved with financial education on many fronts. Reserve Banks around the country conduct workshops for teachers…

Fed's Kohn:Rate-hike "burden of proof" not yet met

In a speech on 'Monetary Policy and Imbalances' given on 1 April, Donald Kohn of the Federal Reserve rejected the argument that the Fed should start raising rates sooner rather than later because "keeping the funds rate so low and signalling that it will…

Kohn on research at the Federal Reserve

In a speech on 'Research at the Federal Reserve Board: The Contributions of Henderson, Porter, and Tinsley' given on 26 March, Donald Kohn of the Federal Reserve said the Fed's armada of economic researchers play an important role in helping policymakers…

Parry on community development and leaving the Fed

In opening remarks given on 29 March at the Community Reinvestment Conference in Hollywood, California, Robert Parry of the San Francisco Fed discussed why community development is a priority for the Federal Reserve System. Parry also talks about what…

FSF: global economy vulnerable to rate rises

Following a meeting in Rome, chaired by Fed vice chairman, Roger Ferguson, the Financial Stability Forum (FSF) issued a generally upbeat assessment of the global economy but highlighted worries about excessive levels of debt and capital flows to emerging…

Fed's Bernanke on monetary policy modeling

In a speech on 'Monetary Policy Modeling: Where Are We and Where Should We Be Going?' given on 27 March, Ben Bernanke of the Federal Reserve said researchers should aim to provide more realistic models of the economy, improve economic forecasting and…

Philadelphia Fed's Santomero on 21st C banking

In a speech on 'Banking in the 21st Century' given on 27 March, Anthony Santomero of the Federal Reserve Bank of Philadelphia said a new law this year will make it more efficient for banks to process the growing number of electronic payments, even as old…

Fed's Kohn on monetary policy

In a speech on 'Monetary Policy in a Time of Macroeconomic Transition' given on 25 March, Donald Kohn of the Federal Reserve said the Fed should make sure inflation has stabilised and labour market slack is easing before raising interest rates from their…

Guynn on US growth and monetary policy

In a speech on 'Sustainable Growth and Monetary Policy' given on 24 March, Jack Guynn of the Federal Reserve Bank of Atlanta said low US interest rates must rise as the economy gathers steam, and while that point has not yet been reached, businesses and…

Chicago Fed's Moskow on the US economic outlook

In a speech on the 'U.S. Economic Outlook' given on 22 March, Michael Moskow of the Federal Reserve Bank of Chicago said that the Fed can't maintain its rate stance "indefinitely," predicting that as the economy gains strength the Fed's interest rate…

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