United States
Speech by William Poole of the St. Louis Fed Bank
SPEECH - William Poole President, Federal Reserve Bank of St. Louis. Prepared for Panel on Promoting Economic Growth: What Monetary Policy Can And Cannot Do. National Association For Business Economics 43rd Annual Meeting, New York, New York, 10…
Chicago Fed cancels Oct conference on asset prices
US - The Federal Reserve Bank of Chicago said yesterday, Tuesday 18 September, it had cancelled a conference on asset price bubbles that was co-sponsored by the World Bank.
Report - Central banks did not act together
US - Unlike the co-ordinated monetary policy moves that were the hallmark of international economic co-operation of the 1980s, the spate of interest rate cuts that rippled around the world on Monday and Tuesday was not a pre-arranged exercise by G7…
World Bank and IMF cancel talks in Washington
US - The World Bank and the International Monetary Fund announced yesterday, Monday 17 September, that they would cancel their annual meetings scheduled for Washington later this month.
Federal Reserve press release
NEWS RELEASE - Federal Open Market Committee.
World Bank and IMF joint statement on meeting
NEWS RELEASE - World Bank Group and International Monetary Fund Will Not Hold Annual Meetings.
Central banks act to soften the economic blow
US - The world's central banks and financial regulators have been in constant contact over the weekend to discuss emergency measures to prevent last week's human catastrophe turning into a financial and economic disaster.
Speech by William Poole, St. Louis Fed
SPEECH - William Poole, President of the Federal Reserve Bank of St. Louis gave a speech at Bradley University, Peoria, Illinois on 5 September.
Fed cuts rates but Wall Street plunges
US - Giving a sharp jolt to financial markets, the Federal Reserve cut US interest rates just one hour before the re-opening of Wall Street. (Later shares on Wall Street fell dramatically as the American markets opened after its near week long absence.)
Market fears ahead of US opening
US - Nervousness over the resumption of trading on US stock markets later on Monday has prompted further slides in global share prices.
US markets to re-open on Monday
UNITED STATES - Share trading on Wall Street will now restart at 0930 New York time on Monday, the heads of the major exchanges have announced.
O'Neill sees recovery ahead
UNITED STATES - Financial centres are preparing to rescue the global economy.
Banks voice opinion they will ride out the turmoil
UNITED STATES - Banks were quietly confident yesterday that they could survive the financial market implications of Tuesday's attacks.
IMF Statement on US tragic events
IMF Statement on Tragic Events in the United States, 12 September
World Bank Extends Sympathy to United States
WASHINGTON, September 12, - The following is a statement issued today by World Bank President James D. Wolfensohn.
IMF meeting 'to be called off'
WASHINGTON - The annual meetings of the International Monetary Fund and World Bank scheduled for the end of this month are almost certain to be postponed, the German finance ministry has said.
Terrorist attack - Fed Bank of Chicago statement
NEWS RELEASE - Statement
Anti-crisis campaign gathers pace
UNITED STATES - Governments, central banks and economic authorities around the world have pledged to seek ways to help stabilise the global financial system in the wake of the US attacks.
IMF and World Bank to review meetings
UNITED STATES - The International Monetary Fund and the World Bank are reviewing plans for their annual meetings, due to take place in the US later this month.
McDonough:NY Fed - Every Effort At Normal Business
US - Federal Reserve Bank of New York President William McDonough said Tuesday that the central bank will do everything possible to conduct normal business in the wake of the terrorist attacks in Manhattan.
Banks in Fed talks over extended closure of market
US - Stock markets in the US will be closed today in the wake of the terrorist attacks which sent stock prices elsewhere in the world plunging and investors rushing for the safe havens of gold and government bonds.
Capitalist system cranks into gear after assault
US - The destruction of the World Trade Center in New York yesterday effectively paralysed the U.S. financial system but today, Wednesday 12 Sep, the rest of the global capitalist system fought huge headaches and carried on.
Farewell to the IMF Executive Board - Fischer
SPEECH - Stanley Fischer, First Deputy Managing Director, International Monetary Fund, 30 August.
Three Questions about the Economic Slowdown
SPEECH - Presentation to a Community Leaders' Luncheon by Robert T Parry President and CEO of the Federal Reserve Bank of San Francisco, Salt Lake City, Utah, 7 September.