United States

Why Central Banks Announce their Objectives

RESEARCH - Why Central Banks Announce their Objectives: Monetary Policy with Discretionary Signalling by Stefan Palmqvist of the University of California, Berkeley and Institute for International Economic Studies, Stockholm University.

Speech by Roger Ferguson, Federal Reserve, 4 Mar

SPEECH - In the speech titled 'Back to the Future in Managing Banking Risk' Ferguson said "after nearly a decade of steady improvement, earnings from core bank operations and other measures of financial strength for the U.S. banking system have taken an…

IMF did help Argentina

LETTER - A Letter to the Editor by Thomas C. Dawson, Director, External Relations Department, International Monetary Fund, The Daily Yomiuri, 25 February.

Speech by Roger Ferguson, Federal Reserve, 4 Mar

SPEECH - In the speech titled 'A Supervisory Perspective on Disaster Recovery and Business Continuity' Ferguson said "We must view 11 September as a wake-up call to improve the resilience of financial markets and institutions. We cannot afford to ignore…

Speech by Anne Krueger of the IMF, 25 February

SPEECH - The world economy is at or near a turning point, which makes it difficult for central banks to make the right decisions on interest rates, International Monetary Fund First Deputy Managing Director Anne Krueger said in a speech titled 'Making…

Fed watching moves into the realm of cyberspace

FEATURE - The Federal Reserve, set up by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system, is a quint essentially US institution - forthright, functional and for the most part, effective.

Speech by Susan Schmidt Bies of the Fed, 28 Feb

SPEECH - In the speech titled 'Strengthening the Financial System of the 21st Century through Sound Accounting and Disclosure' Bies said "It has become clear in recent months that some companies have not been completely transparent in their application…

Greenspan urges US to save

UK - Federal Reserve Chairman Alan Greenspan has called savings an important component of the economy and urged a national consensus on balancing savings and risk-taking while preserving productivity.

Speech by Roger Ferguson, Federal Reserve, 27 Feb

SPEECH - In the speech titled 'A Review of Economic Developments in 2001 and the Economic Outlook' Ferguson said "signs of economic recovery are increasing" and added that U.S. consumer spending had helped the economy to stabilize, noting that low…

Federal Reserve Board Press Release

PRESS RELEASE - The Federal Reserve Board announced on Wednesday that the Consumer Advisory Council will hold its next meeting on Thursday, March 14. The meeting will take place in Dining Room E, Terrace level, in the Board's Martin Building. The session…

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