United States
Federal Reserve Press Release
PRESS RELEASE - The Federal Reserve Board today received results from further testing conducted by the State of North Carolina, under the guidance of the Centers for Disease Control. It showed no anthrax bacteria present on a sample from a piece of mail…
Federal Reserve Board - Beige Book, January 2003
REPORT - The Federal Reserve Beige Book released 15 January described economic activity across the US as remaining "sluggish" but also cited various, though modest, signs of a pick-up in activity, high-lighting scattered reports of a fragile turnaround…
Hot Topics from the Dallas Fed, January 2003
REPORT - The latest Hot Topic from the Federal Reserve Bank of Dallas, 'Can the World Economy Give Ours a Boost?' looks at whether we're going to see a surge in foreign economies that might pave the way for more growth in the United States. It discusses…
Fed anthrax scare proves false alarm
An anthrax scare at a Washington post office involving a letter destined for the Federal Reserve proved to be a false alarm, the Federal Reserve said.
Parry on policymaking in a global context
SPEECH - In the speech 'Policymaking in a Global Context' Robert Parry of the Federal Reserve Bank of San Francisco said given the growing interdependence of national economies and macroeconomic policies, it has become increasingly important to pay…
Anthrax feared in Federal Reserve letter
A facility that handles government mail is undergoing precautionary testing for anthrax after a test on mail at the Federal Reserve indicated the potential presence of the deadly anthrax bacteria.
Volcker airs concerns about volatility of ex rates
Former Federal Reserve Chairman Paul Volcker voiced concern Monday that too little attention is paid to the volatility of exchange rates. He also said the US economy had left itself exposed as to whether a future correction of the current account deficit…
Ferguson on financial engineering and stability
SPEECH - In the speech 'Financial Engineering and Financial Stability' Roger Ferguson of the Federal Reserve said discusses dynamic hedging of mortgages, risk measurement systems such as value-at-risk, and credit derivatives all examples of newer risk…
Olson on banking opportunities in Indian country
SPEECH - In the speech 'Overcoming Challenges and Seizing Opportunities in Indian Country' Mark Olson of the Federal Reserve said the importance of seeking banking opportunities to foster economic development in Indian Country is underscored by the…
Fed's Guynn: Probability of deflation 'very low'
Federal Reserve Bank of Atlanta President Jack Guynn said Monday the U.S. faces little chances of falling into the same deflationary trap that has ensnared Japan. His comments are broadly in line with many central bankers who have spoken in recent months…
Philadelphia Fed Business Review, 4th Quarter 2002
REPORT - The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Fourth Quarter 2002. The current issue contains articles including, Forces shaping Philadelphia's future and A lifeline for the weakest link? Financial…
EconSouth from the Atlanta Fed Fourth Quarter 2002
PUBLICATION - The Federal Reserve Bank of Atlanta has published its regular online magazine, EconSouth, for the Fourth Quarter 2002. The main feature of the latest edition is 'Fiscal Policy: What a Difference A Recession Makes'.
Economic Insights from the Dallas Fed Bank
PUBLICATION - In its regular Economic Insights publication, Volume 7 Number 3 2002, the Federal Reserve Bank of Dallas looks at the "Origins of the Chicago School of Economics" under Frank Knight. In the introduction Bob McTeer says "Frank Knight is one…
The Regional Economist, January 2003
PUBLICATION - The Quarterly Review of Business and Economic Conditions, The Regional Economist, January edition from the St Louis Fed contains an article 'One Rate but Different Results'. The target set by the FOMC for the federal funds rate applies to…
Economic Review from the Atlanta Fed Bank
PUBLICATION - The Federal Reserve Bank of Atlanta has published its Economic Review for the fourth quarter 2002. The latest edition includes an article titled 'Reserve Requirements: A Modern Perspective'. The Fed often uses reserve requirement changes,…
New England Economic Review, Third Quarter 2002
PUBLICATION - Published quarterly by the Federal Reserve Bank of Boston, the journal examines economic and public policy issues, as researched by the Bank's economists and others. The most recent edition of the New England Economic Review contains an…
Greenspan on issues for monetary policy
SPEECH - In the speech 'Issues for Monetary Policy' Alan Greenspan of the Federal Reserve said as we focus on the dangers of bubbles, deflation, and excess capacity, the marked improvement in the degree of flexibility and resilience exhibited by our…
Guynn on the economic outlook for 2003
SPEECH - In the speech 'The Economic Outlook for 2003' Jack Guynn of the Federal Reserve Bank of Atlanta described the current recovery as "one of a kind" which followed a "unique" downturn. He expects moderate economic growth over the period immediately…
Minehan on the economic outlook
SPEECH - In the speech 'Annual Economic Summit and Outlook' Cathy Minehan of the Federal Reserve Bank of Boston said the recovery was well positioned to continue, moderately but steadily. She emphasised that patience was needed but that the further…
Fed's Guynn says U.S. laying base for solid growth
Atlanta Federal Reserve Bank President Jack Guynn said on Monday the U.S. economy may grow only slightly faster this year than in 2002, but recent economic adjustments have laid the base for solid future growth.
Economist meeting debates technology growth
Seven thousand economists from around the world examined the impact of globalization and information technology, during a weekend gathering in Washington, concluding that the period 1995 to 2000 saw a likely once only increase in technological gains…
Gramlich on conducting monetary policy
SPEECH - In the speech 'Conducting Monetary Policy' Edward Gramlich of the Federal Reserve discusses inflation targeting and says that a symmetrical target (e.g. Bank of England) is most successful as this allows expansionary responses to an inflation…
Broaddus on monetary policy with low inflation
SPEECH - In the speech 'Comments on Monetary Policy in a Low Inflation Environment' J. Alfred Broaddus of the Federal Reserve Bank of Richmond said much of the progress in monetary policy over the last two decades is due to exceptionally strong…
Bies on credit availability for small businesses
SPEECH - In the speech 'Credit Availability for Small Business' Susan Bies of the Federal Reserve emphasised the importance of small businesses to the Federal Reserve saying that they are critical to the strength and vigor of the U.S. economy.