United States

Speech by Cathy Minehan, Boston Fed Bank, 8 May

SPEECH - In a speech titled 'U.S. Retail Payments: Change, Challenge and Opportunity' Minehan said "the payments system today faces sources of significant change--change in the form of new payments choices by consumers and businesses, driven by the…

Speech by W. McDonough, New York Fed Bank, 14 May

SPEECH - McDonough says in his speech "Improvements in accounting and disclosure practices will help safeguard the proper use of financial derivatives. Transparency not only will provide a healthy incentive for firms to manage their risks prudently but…

Speech by Robert Parry, San Francisco Fed, 14 May

SPEECH - In a speech titled 'After the Recession: A Monetary Policymaker Looks Ahead' Parry predicted higher interest rates at some point, saying the Fed may be "deliberative" as inflation poses no "imminent problem." Excess capacity and rising…

Speech by Shigemitsu Sugisaki of the IMF, 26 May

SPEECH - Making a speech titled 'Achieving Financial Stability: An International Perspective' Sugisaki talked about the efforts that are underway in individual countries and the international community to achieve and maintain financial stability.

Speech by M Moskow, President, Chicago Fed, 9 May

SPEECH - In opening remarks to the 38th Annual Conference on Bank Structure and Competition Moskow said the two day conference will explore the forces that drive the behavior of financial firms during the business cycle. We also will examine how these…

Testimony of Fed Governor Mark Olson, 22 May

SPEECH - Mark Olson gives a speech titled 'The European Union's Financial Services Action Plan' to the Committee on Financial Services, U.S. House of Representatives.

New York Fed's Economic Policy Review, Vol. 8

CONFERENCE - Proceedings of a conference on 'Financial Innovation and Monetary Transmission' sponsored by the Federal Reserve Bank of New York, April 5 and 6, 2001. The overral finding is that financial innovation, the evolving behaviour of firms, and…

Speech by Fed Vice Chairman Roger Ferguson, 21 May

SPEECH - "It does appear that a turnaround is under way and the question obviously is how robust it is going to be for the rest of this year," Ferguson said in answer to a question after giving a speech titled 'Community and Regional Banks: Increasing…

Speech by Fed Reserve Governor Mark Olson, 21 May

SPEECH - Olson said in a speech titled 'A Look at the Banking Industry in 2002' that "We have just concluded more than ten years of economic prosperity, followed by slightly more than one year of recession - a recession that is now behind us," he also…

IMF mail 'positive for anthrax'

US - The International Monetary Fund (IMF) has said mail it received in Washington has tested positive for the anthrax bacteria. This comes less than a month after we reported an anthrax scare at the Federal Reserve.

Fed's Olson: Banking industry is sound

US - Federal Reserve governor Mark Olson on Tuesday said the U.S. banking system is sound, but cautioned that weaknesses could come to light now that the economy has pulled out of recession, the first in a decade.

IMF Press Release

PRESS RELEASE - IMF Managing Director meets Argentine Economy Minister, Board extends repayment of SRF, 21 May.

Outlook for US economy positive - Chicago Fed

US - The U.S. economy is in the midst of a modest rebound from recession, and capital spending, a key driver of growth, is likely to recover in the third or fourth quarter of 2002, said Curt Hunter, the head of research for the Chicago Federal Reserve on…

Facing up to a post-Greenspan future

FEATURE - With every change of personnel at the Federal Reserve comes renewed speculation about what the institution will look like once Alan Greenspan, its revered chairman, finally departs.

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