Federal Reserve Bank of Dallas
Dallas's McTeer on inflation targets
Dallas Fed president Bob McTeer said on Thursday 19 February that inflation targets were a marketing tool not needed by the Fed, and opposed lobbying to float China's currency.
Fed's McTeer : if growth continues jobs will come
Robert McTeer, president of the Federal Reserve Bank of Dallas, said on Thursday e15 January that mployment growth has been disappointing but should rebound as long as the economy keeps growing at a healthy pace.
Poetry - McTeer style
Dallas Fed President Bob McTeer is well known for his poetry and a recent article in the New York Post reminded us of a few of his classics, including this one. "There once was an economy on the ropes. It kept defying recovery hopes. When we finally made…
Fed's McTeer says no need to raise rates soon
Dallas Fed President Robert McTeer told a luncheon meeting on Wednesday 24 September that he was optimistic that growth would soon outstrip the rapid pace of productivity gains and lead to new hiring, according to Reuters. But he acknowledged that the…
Fed's McTeer: US jobless rate may drop by year-end
Dallas Fed President Robert McTeer said on Thursday 4 September, that with an upturn in US growth unemployment could fall by the end of the year, according to Reuters. He told reporters "It could easily be under 6 percent by year-end".
Fed can keep rates low as growth quickens - McTeer
In a speech to the Dallas Rotary Club, Reuters reports that Dallas Fed President Bob McTeer expressed optimism the economy would soon revive, even as he admitted a lack of "hard evidence" of a pickup.
McTeer speech to the Risk Management Association
In a speech before the Risk Management Association Bob McTeer of the Federal Reserve Bank of Dallas said the main reasons for expecting a stronger recovery are the prolonged and massive monetary easing, fiscal policy's move toward expansion, lean…
'Stars are aligned' for U.S. economy- Fed's McTeer
Dallas Fed chief Bob McTeer said on Tuesday 22 July that factors are in place to see a recovery in the US economy and non-inflationary growth could be as much as 5 percent, according to Reuters. "I think all the stars are aligned for the economy to pick…
McTeer, the Lonesome Dove
While many have criticised the Fed for being not being dovish enough by only cutting rates by a quarter point, this has not spoiled Bob McTeer's good humour.
McTeer commencement address to economics graduates
In his 'Commencement Address to Economics Graduates' Bob McTeer of the Federal Reserve Bank of Dallas said Alan Greenspan is an excellent example of someone making a big difference by applying good economics. I'll just remind you how much the inflation/…
Bob McTeer on The prodigal son as central banker
In the speech 'The Prodigal Son as Central Banker' Bob McTeer of the Federal Reserve Bank of Dallas said for years Al has had the reputation for being an inflation hawk. Lately, he's becoming a hawk on deflation as well. He doesn't like inflation. He…
Fed Reserve Bank of Dallas - Annual Report 2002
The Federal Reserve Bank of Dallas has published its Annual Report for the year ended 2002. Following the 2001 recession, the report says, economic activity expanded throughout 2002, but not vigorously enough to sustain or promote employment growth…
Economic Insights from the Dallas Fed
The latest edition of the Dallas Fed's Economic Insights, Vol 8, No 2, 2003 'The Creation of Public Choice Theory', profiles economist James M. Buchanan and examines his public choice theory.
Dallas Fed official says deflation risk has risen
The top monetary policy advisor to the Dallas Fed president has said he and Robert McTeer agreed that the probability of deflation was "about one in four, or 25 percent", according to a report by Reuters.
McTeer on making the case for markets
SPEECH - In the speech 'Problems Making the Case for the Market: Good Intentions or Good Results' Bob McTeer of the Federal Reserve Bank of Dallas said he was happy to report that the evils of inflation are greatly diminished, and considerable progress…
McTeer on confessions of an erstwhile economist
SPEECH - In the speech 'Reflections and Confessions of an Erstwhile Economist' Bob McTeer of the Federal Reserve Bank of Dallas delved into his past and revealed he met his wife in his economics class, is decidedly "non-quantitative" and doesn't trust…
McTeer on the banking industry
SPEECH - In a speech to the Cato Institute 20th Annual Monetary Conference Bob McTeer of the Federal Reserve Bank of Dallas said the U.S. now has a low inflation rate, close to that of the euro zone. But that the US unemployment rate has been only half…
McTeer on economic prospects for the US
SPEECH - In the speech 'X' Bob McTeer of the Federal Reserve Bank of Dallas said as a central banker he should say something about inflation. "Well, it's low and conditions are already ripe for it to go lower. Especially if growth picks up. And a policy…
Fed's McTeer says new recession unlikely
Dallas Federal Reserve Bank President Robert McTeer said on Thursday the U.S. economy was unlikely to fall back into recession, saying the stage for continued growth is "set reasonably well."
Economic Insights from the Dallas Fed Bank
PUBLICATION - In its regular Economic Insights publication, Volume 7 Number 3 2002, the Federal Reserve Bank of Dallas looks at the "Origins of the Chicago School of Economics" under Frank Knight. In the introduction Bob McTeer says "Frank Knight is one…
'Goose the US economy' says McTeer
The latest Federal Reserve official to publicly voice his support for the FOMC's recent interest rate reduction is Bob McTeer, president of the Dallas Fed. McTeer showed himself to be in favour of a rate cut back in September, voting against the FOMC…
Fed's McTeer says U.S. recovery so far jobless
US - Dallas Federal Reserve President Robert McTeer said on Thursday the U.S. economic recovery had so far been jobless, but the unemployment rate here still has stayed well below Europe's.
Fed's McTeer: Faster economic growth 'essential'
US - Federal Reserve Bank of Dallas President Robert McTeer, who pushed unsuccessfully for lower interest rates at a Fed policy meeting last week, said on Monday it was essential for the U.S. economy to grow faster.
Fed's McTeer - US stock falls hold back growth
US - In Dallas, Federal Reserve Bank of Dallas President Robert McTeer said the decline in U.S. stocks this year is restraining the economy's recovery and limiting job growth.