United States
Fed's Greenspan on the economic outlook
In testimony on 'The economic outlook' Alan Greenspan of the Federal Reserve said the economic information received in recent weeks has not, in his judgment, materially altered the outlook. Nonetheless, the economy continues to be buffeted by strong…
Economic analysts dismiss threat of US 'deflation'
At its twice yearly meeting in Washington the Shadow Open Market Committee said deflation fears are unfounded and misguided, according to VOA News.
Greenspan: Economic signals still mixed
In testimony on Wednesday 21 May Alan Greenspan said the Federal Reserve is ready and able to tackle deflation if necessary in the unlikely event of falling prices, the washington Post reports. The Federal Reserve would not be "out of business" policy…
Fed Chairman to emphasise financial education
Alan Greenspan will stress the benefits of economic and financial education in a public service announcement and during a visit to a Washington, D.C., school. He will also be featured in a public service announcement to be aired by major television and…
Fed's Ferguson on inflation expectations
In a speech on 'Expectations' Roger Ferguson of the Federal Reserve said the most important potential contribution of monetary policymakers is to anchor inflation expectations so that private-sector decisions can be made as efficiently as possible.
New York Fed may get interim president
The Federal Reserve Bank of New York may install an interim president if a permanent replacement cannot be found immediately, according to the Financial Times. Pete Peterson, chairman of the Bank said "This is an important job in the system and we're…
G7 names Fed's Ferguson to head G7 stability forum
The G7 announced on Saturday 17 May that it had named Federal Reserve Vice Chairman Roger Ferguson as the new head of the Financial Stability Forum, according to Reuters
Exit economists from NY Fed contest
An article in the Financial Times calls it troubling that the two front runners have pulled out of contention for the job of New York Fed president. This reluctance fits something of a disturbing trend, the article asserts, with all the members of George…
Fed Reserve Bank of Cleveland - Annual Report 2002
The Federal Reserve Bank of Cleveland has published its Annual Report for the year ended 2002.
Philadelphia Fed Business Outlook Survey, May 2003
The region's manufacturers report weaker activity for the second consecutive month in April's Business Outlook Survey from the Philadelphia Fed. Indexes of general activity, new orders, and shipments all declined this month. Firms surveyed also reported…
Cleveland Fed Banking and Payments Workshop
The Federal Reserve Bank of Cleveland's Central Bank Institute is holding a Banking and Payments Workshop from 19-21 May. Contributors are a mix of academics and central bankers with discussions including 'The ABCs of Money and Banking', 'Money in a…
New York Fed still interviewing for new president
After two of the leading contenders for the New York Fed presidency withdrew from the race the bank has said it plans to continue interviewing candidates in the next week or so until "we find somebody we really like", Reuters reports.
Fed's Ferguson to head G7 stability body-G7 source
Federal Reserve Vice Chairman Roger Ferguson will be named the new head of the Financial Stability Forum this weekend, Reuters reports. A G7 source apparently said on Thursday "It will be Ferguson" when asked about the appointment, according to a Reuters…
Hoenig on supervisory information disclosure
In a speech on 'Should More Supervisory Information Be Publicly Disclosed?' Thomas Hoenig of the Federal Reserve Bank of Kansas City said although bank supervisors must be very careful in defining the role they will play in financial markets, they could…
U.S. unveils new $20 note with background colours
The New Color of Money: Safer, Smarter, More Secure. U.S. government officials on 13 May unveiled a new $20 note design with enhanced security features and subtle background colors. The new design is part of an ongoing effort to stay ahead of the…
U.S. Treasury remakes $20 to stop counterfeiters
The new US $20 note unveiled by the Bureau of Engraving and Printing on Tuesday includes the first change in the colour of U.S. currency in almost a century, Reuters reports
Greenspan on the redesigned U.S. $20 note
In a speech on the redesigned U.S. $20 note Alan Greenspan of the Federal Reserve said the Federal Reserve is deeply committed to protecting our currency from counterfeiting, ensuring it is always accepted as legal tender and preserving its soundness.
Fisher and Fischer withdraw from NY Fed race
The Washington Post reported on Wednesday 14 May that two top contenders for the job of president of the New York Fed, Peter Fisher and Stanley Fischer, have withdrawn their names from consideration for the position.
Fed Res Bank of Philadelphia - Annual Report 2002
The Federal Reserve Bank of Philadelphia has published its Annual Report for the year ended 2002.
Fed Reserve Bank of Richmond - Annual Report 2002
The Federal Reserve Bank of Richmond has published its Annual Report for the year ended 2002.
Chicago Fed's Moskow on corporate governance
In a speech on 'Corporate Governance: A Rational Course for Public Policy' Michael Moskow of the Federal Reserve Bank of Chicago said he supports the proposals first-and-foremost because they are consistent with the principles of good corporate…
Fed's Parry doesn't expect deflation
Speaking on Monday 12 May, San Francisco Federal Reserve President Robert Parry said "I'm not expecting deflation. We will see a pick-up in real growth and the pace of that pick-up is likely to be stronger by 2004", Reuters reports.
Moskow at 39th Annual Bank Structure Conference
In a speech at the 39th Annual Conference on Bank Structure and Competition Michael Moskow of the Federal Reserve Bank of Chicago said the conference would discuss the role of boards of directors, changes in financial regulation, accounting standards and…
Hoenig calls for more disclosure by banks
Speaking at the Chicago Fed conference Kansas City Federal Reserve Bank President Thomas Hoenig said banks could make "relevant disclosures" unearthed by supervisors about such issues as credit quality problems or substantial market risks, Reuters reports