United States
Fed's Olson - US in recovery but it will be slow
US - The United States is clearly in a recovery but the rebound from last year's brief recession is likely to be slow, Federal Reserve governor Mark Olson said on Friday.
SEC chairman Pitt asks for promotion
US - U.S. Securities and Exchange Commission chairman Harvey Pitt, again exhibiting a flair for the political miscue, was under attack 24 July, reports Reuters, for seeking a promotion and a pay raise.
Senate panel sets hearing on Fed nominees
US - The Senate Banking Committee will hold a hearing on Tuesday on the nominations of Ben Bernanke and Donald Kohn to serve on the Federal Reserve Board, the panel said on Friday.
Luck not Greenspan calmed business cycles - study
US - Many have praised the brilliance of Alan Greenspan and his predecessor at the Federal Reserve helm for blunting the most savage swings of the U.S. business cycle. But there's a good chance most of what tamed the booms and tempered the busts was…
IMF News Brief
NEWS BRIEF - IMF Managing Director Horst Kohler Congratulates Yusuke Horiguchi on Appointment as First Deputy Managing Director of the Institute of International Finance, 23 July.
Orderly correction fortuitous
LETTER - Letter published in Thursday's edition of the London Financial Times, 25 July, from C. Fred Bergsten, Director, Institute for International Economics, Washington DC, US.
Rumours persist of emergency fed meeting
US - The US Federal Reserve refused to comment Wednesday on rumours that it was considering an emergency meeting in response to the collapse in the stock markets.
What the boss is for
ARTICLE - When Alan Greenspan, chairman of the US Federal Reserve Board, observed in a recent speech that "the CEO-dominant paradigm will likely continue to be viewed as the most viable form of corporate governance", he stepped into a minefield claimed…
Central Banker, Summer 2002
REPORT - The Summer 2002 edition of the St. Louis Fed's Central Banker magazine has been published. This edition includes articles on why the St. Louis Fed was chosen as the No. 1 Treasury check-processing site and asks What can banks do to better manage…
Philadelphia Fed Business Outlook Survey
REPORT - Results from July's Business Outlook Survey reflect a slower pace of activity in the region's manufacturing sector. Although most current indicators fell from their readings in June, the major indicators of output remain positive for the seventh…
The Way Ahead
ARTICLE - A Commentary by Thomas C. Dawson, Director, External Relations Department, International Monetary Fund, Far Eastern Economic Review, 25 July.
Fed Views from the San Francisco Federal Reserve
PUBLICATION - John Williams, Research Advisor at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook, 12 July.
Fear and Loathing of Central Banks in America
RESEARCH - Research from the Federal Reserve Bank of Cleveland, by Michael Bryan and Bruce Champ, June 2002. In the paper the author's call the Federal Reserve "America's uneasy compromise between our wariness of concentrated financial power and our…
Cheap money and big risks
ARTICLE - Those who still hang on Alan Greenspan's every word should have little difficulty predicting the direction of US interest rates: the next change will be up, writes the FT in London on Thursday in an editorial.
Fed Reserve Bank of Richmond - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of Richmond has published its Annual Report for the year ended 2001.
Fed Res Bank of San Francisco - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of San Francisco has published its Annual Report for the year ended 2001.
Fed Reserve Bank of St Louis - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of St Louis has published its Annual Report for the year ended 2001.
Historical Model Describes 1900s Gold Standard
RESEARCH - An article in the latest edition of Economic Perspectives, from the Chicago Fed, looks at how the United States adopted the gold standard in the late nineteenth century, pegging the dollar to the British pound sterling and other currencies.
Zero-inflation man debates fine points at U.S. Fed
ARTICLE - He was a loyal foot soldier in a decades-long inflation battle, vowing to seek a total victory that left no sign of the enemy. But now that some say the war is won, he finds himself debating the finer points. St. Louis Fed President William…
Fed Reserve Bank of Chicago - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of Chicago has published its Annual Report for the year ended 2001.
Fed Reserve Bank of Dallas - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of Dallas has published its Annual Report for the year ended 2001.
Fed Reserve Bank of Kansas - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of Kansas has published its Annual Report for the year ended 2001.
Testimony of Fed Chairman Alan Greenspan, 16 July
TESTIMONY - In testimony to the US Congress on Tuesday Greenspan said "an infectious greed" in the business community, if unpunished, could inhibit a full economic recovery. He went on to say that "the fundamentals are in place for a return to sustained…
Federal Reserve Board Report
REPORT - Monetary Policy Report to the Congress, 16 July.