United States
Treasurys O'Neill cancels New York City appearance
US - U.S. Treasury Secretary Paul O'Neill has cancelled a speech he was scheduled to make in New York City today, Thursday 11 October, to attend a cabinet meeting in Washington, a Treasury spokesman said.
Fed will have single MICR format in 2005
US - The Federal Reserve announced Wednesday 10 October that it will adopt a single standard for magnetic ink character recognition detail on checks by mid-2005.
Stanley Fischer - Farewell To the Staff
SPEECH - Speech by Stanley Fischer of the International Monetary Fund at the IMF Atrium, Washington, D.C., 1 October.
Federal Reserve Bank of Minneapolis research
RESEARCH - Are Phillips Curves Useful for Forecasting Inflation? By Andrew Atkeson and Lee E. Ohanian both professors of economics at the University of California, Los Angeles.
The Magic's Gone
RESEARCH - A hard look at the data shows that the famous NAIRU Phillips curve does no better at forecasting inflation than a simple look at the past. From 'The Region' published quarterly by the Federal Reserve Bank of Minneapolis, September 2001.
Global push for money laws
US - The world's leading industrial countries are to put pressure on offshore financial centres to clamp down on funds which could be used to pay for attacks like last month's suicide hijackings in America.
G7 leaders unite to overcome economic fallout
US - The chairman of the US Federal Reserve, Alan Greenspan, has said that the terror attacks on America have penalised the global economy in a manner similar to raising interest rates worldwide.
Research by Lars Svensson of Princeton University
RESEARCH - Inflation Targeting: Should It Be Modelled as an Instrument Rule or a Targeting Rule?
Former rep. pleads guilty to stealing funds
USA - A former Massachusetts congressman and director of the Federal Reserve Bank of Boston has pleaded guilty to stealing more than $200,000 from the Hawthorne Hotel in Salem, the Federal Deposit Insurance Corp. Inspector General's office announced…
Federal Reserve Board FOMC Meeting minutes
MINUTES - Minutes of the Federal Open Market Committee, 21 August.
Fed met on rates twice in wake of attacks
US - The U.S. Federal Reserve's Open Market Committee held two telephone conferences in the aftermath of the 11 September attacks in New York and Washington, agreeing unanimously on 17 September to cut interest rates sharply, according to minutes…
2.5% - US Interest rates at lowest since 1962
US - The US central bank, the Federal Reserve, has cut interest rate for the ninth time this year, by half a percentage point to 2.5%.
Federal Reserve - Press Release
PRESS RELEASE - Federal Open Market Committee decision on interest rates, 2 October.
Analysis: The Fed's next move
US - The latest round of cuts by the Federal Reserve leaves many wondering what else the nation's central bank can do to revive the listless US economy.
Bahrain c.bank says no trace of suspects' assets
BAHRAIN - Bahrain's central bank said on Wednesday 3 October no assets of 27 groups and individuals suspected of having financial links to the 11 September attacks on the United States have so far been found in the island state.
Greenspan urges teachers, students to use Web site
UNITED STATES - If Federal Reserve Chairman Alan Greenspan has his way, the nation's school children will soon be adding monetary policy to their regular courses on reading, writing and arithmetic.
Federal Reserve - Press Release
PRESS RELEASE - The Federal Reserve Board on Thursday launched a new interactive web site developed by the economic educators of the Federal Reserve System. This site offers students, educators and the general public an introduction to the workings of…
Federal Reserve - Press Release
PRESS RELEASE - The Federal Reserve Board on Friday announced the appointment of chairmen and deputy chairmen of the twelve Federal Reserve Banks for 2002.
Fed chairman Greenspan to testify to Congress
US - US Federal Reserve Chairman Alan Greenspan will testify before the congressional Joint Economic Committee on Wednesday 17 October.
Speech by President Santomero of Philadelphia Fed
SPEECH - Remarks presented by President Santomero of the Federal Reserve Bank of Philadelphia before the Ninth Conference on Pacific Basin Finance, Economics and Accounting, Rutgers University, New Brunswick, NJ 21 September.
Monetary policy at centre stage
US - The US Federal Reserve is expected to cut interest rates by 50 basis points when it meets this week.
Speech by Bob McTeer of the Dallas Fed
SPEECH - Remarks by Bob McTeer, President and CEO of the Federal Reserve Bank of Dallas before the Greater Dallas Chamber of Commerce, 2001 Economic Forum: Business Issues and the Economy, Dallas, Texas 12 September.
Federal Reserve Board Press Release
PRESS RELEASE - "The Federal Reserve Board on Friday announced it is extending the deadline for public comment on the potential longer-term direction of the Board's policy on payments system risk. Comment is requested by November 16, 2001."
IMF News Brief - Loan to Pakistan
NEWS BRIEF - IMF completes last review under Pakistan's stand-by arrangement, approves US$135 million disbursement.