Federal Open Market Committee (FOMC)
Fisher says Fed must stop QE ‘as soon as feasible'
Exit from quantitative easing is ‘daunting' according to Dallas Fed president Richard Fisher, who compared it yesterday to passing a camel through the eye of a needle
Disappointing jobs report raises questions over Fed forward guidance
US unemployment falls toward Fed ‘threshold' of 6.5%, but few new jobs are added; confusing result raises questions for how - or whether - the Fed will proceed with its 'taper'
US Fed heads debate slow growth ‘riddle'
Presidents of four regional reserve banks at odds over whether weak trajectory in wake of the financial crisis is inherently structural or cyclical
Fed taper met with calm, but questions remain
Markets take ‘expected' tapering in stride, but analysts warn of persistent emerging market vulnerabilities and changing FOMC dynamics in 2014
Fed presidents weigh in on QE as job numbers improve, debt ceiling showdown looms
Five of 12 regional Fed presidents have staked out their positions on bank's asset purchases in recent days as FOMC gears up for next meeting on December 17
Unexpected increases in Fed funds rate prompt gold prices to rise
Atlanta Fed working paper examining futures data between 1998-2008 finds that unexpected changes in the Fed's monetary policy can influence commodity prices
NY Fed vice-president on the evolution of Fed monetary operations
Simon Potter says the Fed has 'developed and tested' many different monetary policy tools since the crisis, including term and overnight reverse repos 'diverting deposits from banks'
Fed could step in if US government hits debt ceiling, minutes show
Federal Reserve policymakers held unscheduled meeting the day before US Congress suspended the national debt limit; agreed the NY Fed trading desk could 'address disruptions in market functioning'
Fed heavyweights warn new bank resolution laws won't end ‘too big to fail'
Dudley, Lacker and Tarullo say 'single point of entry' framework under 'Title II' provision is important but inadequate; FOMC members call for long-term debt requirement for Sifis
Opposing Fed camps dig heels in on QE
Minutes from the FOMC’s September meeting highlight the deep and persistent divide between its participants; Obama points to Yellen’s ability to build consensus and personal strength
Dallas Fed highlights transformation of FOMC statements over past 20 years
Before 1994, markets were left in the dark over interest rate changes; statements have expanded seven-fold in the past 20 years, reflecting the evolution of monetary policy operations
FOMC policy rate guidance pushes up US equity prices
Netherlands Bank research paper finds policy rate guidance also leads to significant reduction in implied volatility for US government bonds
ECB research highlights Greenspan’s powers of persuasion
Researchers say Alan Greenspan was a ‘dominant’ chairman of the FOMC who frequently managed to convince regional Fed presidents to walk his own policy line
Bullard warns weak inflation may put brakes on QE tapering
Inflation may be pushed even lower by a decision to taper, raising risks of deflation, the St Louis Fed president notes; calls for press conference after each FOMC meeting
Sandra Pianalto to retire next year
Cleveland Fed president Pianalto calls time on a 30-year career at the bank; successor will sit on the FOMC in 2014
Dutch paper quantifies impact of FOMC guidance on market rates
Working paper says Fed forward guidance lowered market interest rates up to seven years ahead; flattened yield curves in markets for US Treasuries and eurodollar futures
Robert Pringle's Viewpoint: Let the Fed lead
Implicit coordination of monetary policies under Fed leadership is better than none at all
RBA minutes show board happy to let dollar keep falling
Reserve Bank of Australia monetary policy meeting minutes show the board feels a weaker Australian dollar could rebalance the economy; inflation outlook will allow for more easing
Fed minutes reveal split over tapering as ‘dovish' Bernanke calms markets
Records released on Wednesday show ‘several' FOMC members want to end asset purchases before year's end; In Q&A, Bernanke maintains ‘overall thrust of policy is highly accommodative'
Fed's Stein clarifies unemployment ‘threshold' for rate change
Permanent FOMC voter seeks to provide extra clarity over Bernanke statement last week; emphasises that interest rates could stay at rock-bottom even if unemployment falls to 6.5%
Caruana backs Bernanke taper timetable but warns banks to prepare for volatility
BIS general manager says Fed chairman Ben Bernanke was right to signal a tightening of monetary policy but warns stress tests will be needed to prepare banks for an increase in volatility
Fed's monetary policy deviates from best practice, says Bullard
Fed monetary policy has deviated from central bank best practice and should be used ‘to meet policy objectives, not calendar objectives', says St Louis Fed president
Pianalto says financial regulation should learn from monetary policy transparency
Financial regulation can benefit in the same way as monetary policy has from transparency and forward guidance, says Cleveland Fed president Sandra Pianalto
Fed paper analyses impact of public views on FOMC forecasts
Working paper says FOMC forecasts are influenced by both internal and external views; analyses the weighting given by committee members to each