United States
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.
US jobless rate jumps to 4.9%
US - The US unemployment rate rose sharply to 4.9% in August, official data has showed.
Economist group sees slower growth ahead this year
US - The National Association for Business Economics has revised down its estimates of U.S. growth for both this year and next.
Horst Kohler at Stanley Fischer’s leaving dinner
SPEECH - Dinner in Honour of Stanley Fischer. Remarks by Horst Kohler, Managing Director, International Monetary Fund 29 August.
Philippines: Preparations for Inflation Targeting
WORKING PAPER - IMF Working Paper written by Piyabha Kongsamut and published August 2001.
Two monetary approaches to the balance of payments
WORKING PAPER - IMF Working Paper written by Jacques J Polak and published August 2001. The two monetary approaches to the balance of payments: Keynesian and Johnsonian.
Big bang or gradualism in economic reforms
WORKING PAPER - IMF Working Paper written by Andrew Feltenstein and Saleh M Nsouli published August 2001. "Big Bang" Versus Gradualism in Economic Reforms: An Intertemporal Analysis with an Application to China.
Roger Ferguson at the Bank of Philadelphia
SPEECH - Remarks by Vice Chairman of the Federal Reserve Board Roger Ferguson at the Federal Reserve Bank of Philadelphia, Pennsylvania on 4 September.
Fed's Ferguson - must monitor changes in payments
US - Federal Reserve Vice Chairman Roger Ferguson said on Tuesday 4 Sep the continued changes in the U.S. and world financial systems as well as the payment systems should continue to receive scrutiny from officials even though no problems are evident as…
William McDonough speech in London
SPEECH - Remarks by William J. McDonough President and Chief Executive Officer of the Federal Reserve Bank of New York before the oneLondon Conference "Connecting Finance with Communities: Building Stronger Neighborhoods" London, 6 September.
IMF says making fewer conditions on its lending
US - The International Monetary Fund said on Tuesday 4 Sep it has pared back the amount of conditions its attaches to its loans, but that more needs to be done on the policy, which aims to give borrowers more freedom in setting their own economic…
Opening remarks at the Bank of Kansas symposium
SPEECH - Remarks by Federal Reserve Board Chairman Alan Greenspan at a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 31 August.
Roger Ferguson at the Bank of Kansas symposium
SPEECH - Remarks by Federal Reserve Board Vice Chairman Roger Ferguson at a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 31 August.
Fed chairman talks of limits to his powers
US - Greenspan says stock market swings, home price fluctuations are making consumer behaviour less predictable.
Fed says coupon pass added $642 million reserves
UNITED STATES - The Federal Reserve said on 30 August it added $642 million permanent banking reserves through its purchase of U.S. Treasury securities dated Nov. 15, 2008 through Feb. 15, 2021, for delivery today, 31 August.
IMF to cut global forecasts
US - The IMF has cut its forecast for world economic growth this year to 2.8% from 3.2%, Reuters reported on 29 August citing unnamed sources at the international lender.
U.S. coins to cease circulation in Cuba
UNITED STATES - U.S. dollar coins will be taken out of circulation from the Cuban foreign currency commercial network as of October, the island's Central Bank reported 28 August.
U.S. risks inflation in rebound - Milton Friedman
UNITED STATES - The United States should pull out of recession in 2002 but will have to keep an eye on inflation when it does, Nobel prize-winning economist Milton Friedman said in an interview published on 27 August.
Speech by Bob McTeer of the Dallas Fed
SPEECH - Bob McTeer, President and CEO of the Federal Reserve Bank of Dallas gave a speech on 23 August before the New Roads & E-Roads Conference, Dallas, Texas.
Minutes of the Federal Open Market Committee
REPORT - A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., beginning on Tuesday, June 26, 2001, at 2:00 p.m. and continuing on Wednesday, June 27, 2001, at…
To What Extent Does Productivity Drive the Dollar?
RESEARCH - The Federal Reserve Bank of New York has produced a research paper in its Current Issues in Economics and Finance series, Volume 7, Number 8, August 2001. The paper was written by Cedric Tille, Nicolas Stoffels, and Olga Gorbachev.