United States
Remarks on the IMF Mission in Argentina
PRESS BRIEFING - Introductory Remarks on the Role of the IMF Mission in Argentina, Anoop Singh, Director for Special Operations, IMF, Press Briefing, Buenos Aires, 10 April, 2002.
House votes to end banking ban
US - The Senate House has voted to end a 70-year-old ban on banks paying interest on business checking accounts.
IMF World Economic Outlook
REPORT - World Economic and Financial Surveys, Recessions and Recoveries, April 2002.
Greenspan's heir apparent stays cryptic
FEATURE - Judging by his refusal to provide a direct answer to a straightforward question, John Taylor is on track to become the next chairman of the US Federal Reserve writes Stephen Romei in The Australian on Monday.
Fed's Broaddus - Fed committed to price stability
US - US Federal Reserve policymakers aren't "resting on our laurels" with regard to their primary goal of price stability, said Alfred Broaddus, president of the Federal Reserve Bank of Richmond.
Speech by J Alfred Broaddus, Richmond Fed, 4 Apr
SPEECH - Richmond Federal Reserve President Alfred Broaddus said in a speech titled 'Comments on the Changing Economic Outlook' on Thursday the U.S. economic outlook is "considerably" better than six months ago, but that final demand is crucial for…
Speech by Fed Reserve Governor Ed Gramlich, 8 Apr
SPEECH - 'Lenders and community developers have made great strides in revitalizing economically disadvantaged communities and improving the financial well-being of lower-income households,' Gramlich said in a speech titled 'CRA at Twenty-Five'.
Chicago Fed National Activity Index
REPORT - The Chicago Fed National Activity Index (CFNAI) rose to +0.04 in February, moving out of negative territory for the first time since June 2000. The three-month moving average index, CFNAI-MA3, also improved in February, increasing to -0.28, its…
Speech by William Poole, St Louis Fed Bank, 4 Apr
SPEECH - In the speech titled 'Dynamics of the Recession and the Recovery' Poole said that last year's tax cuts and interest rate reductions have provided an underpinning for a solid U.S. economic recovery that could see "upside surprises" ahead.
The recession that almost was
FEATURE - It is easy to dismiss the recent global downturn as a false alarm but policymakers should learn from it, says Kenneth Rogoff in Friday's Financial Times.
Fed's Poole confident of substantial US recovery
US - William Poole, President of the Federal Reserve Bank of St. Louis., said that his confidence level that there will be a substantial U.S. economic recovery is "very high," barring "the possibility of some external shocks."
Applied Financial Economics research paper
RESEARCH - 'The impact of federal reserve intervention on exchange rate volatility: evidence from the futures markets' by Sanjay Ramchander and R. Raymond Sant.
Speech by M Moskow, President, Chicago Fed, 3 Apr
SPEECH - In his speech 'The Impact of Open Markets and Expanded Trade on Economic Development' the Chicago Fed chief noted that economists have recently become more bullish on the prospects for U.S. economic growth and said, "On balance, we believe the…
US Judge dismisses claims against BIS, Fed Reserve
US - A federal judge in Boston has dismissed claims of price manipulation a consultant to the Gold Antitrust Action Committee made against the Bank of International Settlements, several leading investment houses and officials of the U.S. Treasury and…
Speech by H Kohler, Managing Director, IMF, 21 Mar
SPEECH - In the speech titled 'The Monterrey Consensus and Beyond: Moving from Vision to Action' Kohler hailed the proposed document Monterrey Consensus saying that he was encouraged by the unprecedented degree of agreement about what is required to…
Speech by Anne Krueger of the IMF, 20 Mar
SPEECH - In the speech titled 'Growth and Reform in Russia' Krueger said Russia should aim for economic growth of between 4%-6% a year for the next 10-15 years.
Fed's Hoenig - US economy likely to grow strongly
US - The U.S. economy is likely to grow strongly, Kansas City Federal Reserve Bank governor Thomas Hoenig said Tuesday.
Speech by Anne Krueger of the IMF, 1 Apr
SPEECH - In the speech titled 'New Approaches to Sovereign Debt Restructuring: An Update on Our Thinking' Krueger said "Under the approach I have in mind, the essential decision-making power would be vested in the debtor and a supermajority of its…
IMF dilutes its role in int'l bankruptcy plan
US - The International Monetary Fund on Monday amended its proposal for developing a system to allow troubled countries to file for bankruptcy protection to give it a smaller role than creditors.
Speech by Fed Reserve Governor Mark Olson, 26 Mar
SPEECH - In the speech titled 'Career Development in a Changing Economy' Federal Reserve Governor Mark Olson predicted the U.S. economy will soon see a renaissance of long-term productivity and production growth.
Speech by A Santomero of Philadelphia Fed, 27 Mar
SPEECH - Santomero gave a speech titled 'The Importance of Financial Services' in which he said the U.S. economic recovery is well underway and the Fed has time before considering policy adjustments since inflation is contained.
Santomero - Govt must actively regulate markets
CZECH REPUBLIC - The lack of transparency in the financial system means that the government must retain a key role in regulating that system, Federal Reserve Bank of Philadelphia president Anthony Santomero said Wednesday.
Rise in new home sales add to evidence of recovery
US - The US economy received more signals on Wednesday that a recovery was under way, but the latest reports fuelled speculation about the strength and speed the recovery might display.
Speech by Fed Chairman Alan Greenspan, 26 Mar
SPEECH - In a speech titled 'Corporate governance' Greenspan cautioned lawmakers against responding to the wave of corporate governance and accounting scandals by increasing regulation, arguing the market already is enforcing higher ethical standards.