Federal Reserve Bank of Atlanta
Atlanta's Guynn on importance of price stability
In a speech on 'The importance of price stability' given on 23 February, Jack Guynn of the Federal Reserve Bank of Atlanta said he expects the national economy to grow by 3 per cent to 4 per cent in 2005, but policymakers need to keep a close eye on…
Atlanta Fed's Guynn says FOMC language may change
Federal Reserve Bank of Atlanta President Jack Guynn said in an interview with the Wall Street Journal that the bank may soon need to remove the word "measured" from its policy statement regarding interest-rate increases.
Atlanta's Guynn: cbs adding euros for 6 months
Foreign central banks have been adjusting their reserves to add euros for the past six months and the process has so far been "very smooth," Atlanta Fed president, Jack Guynn said in a speech.
Atlanta Fed's Guynn: Rebalancing the economy
In the speech 'Rebalancing the economy for long-term growth' given on 10 January, Jack Guynn of the Federal Reserve Bank of Atlanta said the Federal Reserve has never pledged to raise interest rates at only a measured pace and is closely watching…
Resolving large financial intermediaries: Update
In this updated article, the authors examine issues surrounding the possible failure of Fannie Mae or Freddie Mac. Finding parallels between resolving insolvent large banks and insolvent housing enterprises, the authors suggest improvements to the…
The rise and fall of American inflation
In this Atlanta Fed Working Paper the authors estimate a model that allows temporary gaps between a true expectational Phillips curve and the monetary authority's approximating nonexpectational Phillips curve. Their estimates indicate that policy makers…
Resolving US financial intermediaries
In the Atlanta Fed Working Paper "Resolving large financial intermediaries: Banks versus housing enterprises", the authors examine issues surrounding the possible failure of Fannie Mae or Freddie Mac. Finding parallels between resolving insolvent large…
Atlanta Fed economist sees GSEs taking more risks
U.S. mortgage finance enterprises Fannie Mae and Freddie Mac are likely to take greater risks as they face stiffer competition from banks and regional Federal Home Loan Banks, a study by an Atlanta Federal Reserve Bank economist said.
Fed's Guynn says price pressures won't be ignored
U.S. inflation has "stayed in a relatively narrow band" but the Fed will not take its eye off the ball, President of the Federal Reserve Bank of Atlanta Jack Guynn said in an interview with Bloomberg News published on Thursday 9 September.
Guynn on responding to global competitive pressure
In the speech 'Responding to global competitive pressure' given on 25 August Jack Guynn of the Federal Reserve Bank of Atlanta said a recent dip in U.S. growth will likely prove temporary and should not alter a Federal Reserve plan to gradually raise…
Fed must protect inflation credentials-Guynn
The Federal Reserve must heed signs of brewing inflation to protect its key weapon against price pressures - its credibility, a top Fed official said on Friday.
Former Atlanta Fed President Forrestal dies at 72
The Federal Reserve Bank of Atlanta announced on Wednesday, 26 May, the death of former Atlanta Fed President and Chief Executive Officer Robert P. Forrestal who passed away at 72. Forrestal served as Atlanta Fed president from 1983 until 1995.
Barron: Lowering barriers to cross-border payments
In the speech 'Lowering barriers to cross-border payments' given on 5 May Patrick Barron of the Atlanta Fed said we share a common goal to reduce international payment costs and provide banking services to millions of people who don't currently have bank…
Guynn on US growth and monetary policy
In a speech on 'Sustainable Growth and Monetary Policy' given on 24 March, Jack Guynn of the Federal Reserve Bank of Atlanta said low US interest rates must rise as the economy gathers steam, and while that point has not yet been reached, businesses and…
Guynn on growth in a time of low interest rates
In a speech on 'Growth in a Time of Low Interest Rates' given on 4 March, Jack Guynn of the Federal Reserve Bank of Atlanta said the steep interest-rate cuts of 2001 and 2002 were not neutral monetary policy. Rates were reduced in response to a…
Dollar not hurting US economy- Atlanta's Guynn
Atlanta Federal Reserve President Jack Guynn said on Thursday 15 January that the US dollar's decline had been controlled and was not hitting the American economy.
Kohn on the United States in the world economy
Fed Governor Donald Kohn said on Wednesday 7 January that China would need more flexibility in its yuan currency "at some point", but acknowledged China faced complex problems.
Atlanta's Guynn looking to the long term
In a speech entitled 'Look to the Long Term' given on 5 January, Jack Guynn of the Federal Reserve Bank of Atlanta said more balanced growth will likely continue in 2004 as labor markets gain strength.
Atlanta Fed's Guynn on growth through balance
In a speech on 'Growth Through Balance' given on 6 Novembe, Jack Guynn of the Federal Reserve Bank of Atlanta said the key to sustainable economic growth, as with building a winning baseball team, is balance. You can't win in the big leagues with a…
Atlanta's Guynn: Beyond Short-Term Interests
In the speech 'Beyond Short-Term Interests' given on 21 November, Jack Guynn of the Federal Reserve Bank of Atlanta said the U.S. economy is already growing in a way that appears broad-based and sustainable. Atlanta has a long list of "right stuff"…
US Fed to expand ACH payment system to Latin Am
Atlanta Fed officials have said that the Federal Reserve's ACH payment system will be expanded to include a Latin American country in 2004, according to Business News America, but the Atlanta retail payments office did not reveal the country due to…
Fed's Guynn says U.S. recovery sustainable
Speaking on Friday 21 November Atlanta Fed President Jack Guynn said that the US is already growing in what appears to be a broad based and sustainable way, according to Reuters. Though consumer spending may ease in the coming months, it is likely to…
Atlanta Fed's Guynn-U.S. recovery gaining steam
The recovery is more tangible now and a lot less academic, Atlanta Fed President Jack Guynn has said. He told a Commerce Club lunch on Tuesday 30 September that the pick up in U.S. economic growth is helping to restore optimism about the future strength…
Guynn: The economic outlook appears brighter
In the speech 'The Fog Is Lifting - and the Economic Outlook Appears Brighter' Jack Guynn of the Federal Reserve Bank of Atlanta said the outlook for the economy is bright and he anticipates more solid and broad-based growth ahead. Boosted by higher…