United States
Minutes of the Federal Open Market Committee
MINUTES - The Federal Reserve Board on Thursday released the minutes of its Federal Open Market Committee Meeting of 19 March 2002, released 9 May.
Federal Reserve Board Press Release, 9 May
PRESS RELEASE - Mail processed in a secure facility outside the Federal Reserve Board buildings has tested positive for traces of anthrax DNA.
Speech by Fed Chairman Alan Greenspan, 10 May
SPEECH - In a speech titled 'Cyclicality and Banking Regulation' to the Chicago banking conference Greenspan said it was natural for bankers to grow more cautious in their lending practices during bad times.
Bush pays tribute to US economist Milton Friedman
US - President Bush Thursday paid tribute to U.S. economist Milton Friedman. The Nobel-Prize-winner's free-market approach is central to the Bush administration's trade policy.
Ferguson - global economy robust on anti-terrorism
US - The global economy won't feel any impact from the increased cost of security and disaster-planning needed in the wake of the September 11 terrorist attacks, said Roger Ferguson, vice chairman of the Federal Reserve board.
Greenspan urges banks to rely on risk management
US - Federal Reserve Chairman Alan Greenspan said Friday that commercial banks and banking regulators need to rely more on the emerging field of risk management to control loan defaults during periods of economic weakness.
Charting an ongoing evolution of e-payments
FEATURE - In her 32 years with the Federal Reserve System, Cathy E. Minehan, the president and chief executive officer of the Federal Reserve Bank of Boston, has heard plenty of talk about the paperless society.
Anthrax found on federal reserve mail
US - The Federal Reserve reported today that about 20 pieces of mail tested positive for traces of anthrax in an initial screening.
Speech by Fed Vice Chairman Roger Ferguson, 9 May
SPEECH - In the speech titled 'Implications of 9/11 for the Financial Services Sector' Ferguson said U.S. financial services firms have gone a long way to bolstering crisis planning to deal with emergencies like the September 11 attacks.
Federal Reserve Board Press Release
PRESS RELEASE - Monetary Policy Decisions, 7 May.
US rates left on hold - for now
US - The US Federal Reserve has left interest rates unchanged at their current 40-year low of 1.75%, citing 'uncertain' growth prospects in the coming months.
Bush to announce nominations to fed board
FEATURE - With Federal Reserve Chairman Alan Greenspan likely nearing retirement, the White House is moving to significantly beef up the central bank's monetary expertise, The Wall Street Journal has reports.
Speech by Anne Krueger of the IMF, 7 May
SPEECH - Krueger said in a speech titled 'Economic Outlook for the Americas' that the economic downturn has been relatively shallow in most countries following the global shocks and adverse local developments experienced last year.
Speech by H Kohler, Managing Director, IMF, 3 May
SPEECH - International Monetary Fund chief Horst Koehler on Friday ended a tour of Africa with a conference aimed at attracting new investors to Ghana, and said in a speech titled 'Building a Better Future in Africa' that the latest U.S. efforts to…
Speech by Fed Reserve Governor Ed Gramlich, 2 May
SPEECH - Gramlich reiterated in a speech titled 'Financial literacy' the Fed's position that an increase in consumer financial literacy would be good not just for individuals, but for the economy as a whole.
Speech by Fed Chairman Alan Greenspan, 3 May
SPEECH - In a speech made Friday titled 'Stock Options and Related Matters' Greenspan said failure by firms to count option grants to employees as expenses may significantly distort earnings.
US warns Japan over 'boxcar' economy
US - The Japanese economy, the world's second largest, risks becoming a "boxcar" on the global racetrack, US Treasury Secretary Paul O'Neill has said.
Current practices distort earnings - Greenspan
US - Federal Reserve Chairman Alan Greenspan on Friday said failure by firms to count option grants to employees as expenses may significantly distort earnings.
Air Miles 'threaten dollar's dominance' - Report
US - Air Miles currently in circulation are said to be worth $500 billion - making them the second biggest "currency" after the dollar.
Financial literacy programs making grade?
US - If financial literacy programs are to succeed, more research is needed on their success rate, Federal Reserve Governor Edward M. Gramlich said Thursday.
Speech by Robert Parry, San Francisco Fed, 1 May
SPEECH - In the speech titled 'The Role of the Federal Reserve in the Economy' Parry attempts to answer some of the questions he says he often hears people ask, such as What's the Fed's role in the economy?, How does it function? and What can it do for…
Federal Reserve Board - Proposals for Comment
REPORT - Draft Guidelines for Ensuring and Maximizing the Quality, Objectivity, Utility, and Integrity of Information Disseminated by the Federal Reserve, 1 May.
St Louis Fed official on guard for inflation
US - St. Louis Federal Reserve President William Poole on Thursday warned that policymakers must be on guard and said low and stable inflation was key to keeping the current U.S. economic expansion strong and long-lasting.
Dollar slides after O'Neill testimony
US - Pessimism about the strength of the US recovery sent the dollar to its weakest level for six months against the euro and for two months against the yen on Thursday.