Federal Reserve System
No more Fed letter commitments expected, says Dudley
New York Fed will "stand down" as the CFTC and SEC "stand up", says New York Fed president
US authorities finalise stress-testing guidance
Three federal banking agencies publish final guidance for large banks and stress community banks are not covered by the same requirements
Robert Pringle’s Viewpoint: Under pressure from Hollande and Obama
François Hollande, the new president of France, takes up residence in the Elysée Palace at a time when significant economic adjustment is taking place in the eurozone, albeit at high cost. His victory looks set to add to pressure on central bankers – and…
Bernanke says stronger banks will lead to 'robust' economy
Fed chair outlines progress made by financial sector; says improved credit conditions will play a part in creating a robust economy in the US
Fed's Plosser looks beyond government intervention to generate growth
Philadelphia Fed president urges communities seeking economic growth to look beyond government initiatives
Fed’s Tarullo laments delays in shadow-banking reform
Federal Reserve’s Daniel Tarullo hits out at slow speed of money market and repo market reform; urges debate on functions that ‘shadow banks’ should perform
Mowry promoted to head IT division at Fed
Sharon Mowry named director of information technology and chief information officer at US Federal Reserve
Bernanke places onus on US government to act
Bernanke calls on US Congress to act on fiscal policy; growth forecasts upgraded in latest Fed economic projections
Fed names academics on 2012 model validation council
US Federal Reserve names academic economists that will provide independent advice regarding models used in annual stress test of major banks and financial institutions
Central banks are now ‘market makers of last resort’, says Fischer
Bank of Israel governor Stanley Fischer says central bankers have learnt a lot about the liquidity trap and expansionary monetary policy since the advent of the global financial crisis; explains thinking behind Israel’s rate rise in July 2009
St Louis Fed paper finds cause of slope changes in rates term structures
Federal Reserve Bank of St Louis working paper explores the links between total factor productivity news shocks and the slope of the term structure of interest rates, finding the two are closely related
Kansas Fed Economic Review discusses barriers to mobile payments in US
Kansas Fed’s latest economic review discusses supply- and demand-side issues limiting the use of mobile payments in the US
Hoenig joins FDIC board
Former Kansas City Fed president Thomas Hoenig joins the board of the Federal Deposit Insurance Corporation
Robert Pringle's Viewpoint: The Fed, the euro and the IMF
Caruana and Shirakawa offer timely warning on the limits and dangers of loose monetary policy; more reform required in Europe
Bernanke defends Fed’s response to financial crisis
Fed chairman defends actions taken before and during global financial crisis; offers justification for Fed response to struggling systemically important firms
Fed research examines supply-side changes in US housing market
New York Fed staff paper studies impact of supply-side changes to US housing market on the creation of a house price bubble
Plosser says more 'can and should be done' to aid Fed transparency
Philadelphia Fed president urges the Federal Reserve to do more on transparency; says a quarterly monetary policy report should be published
Fed’s Dudley airs fears over economic 'headwinds'
New York Fed president says rising gasoline prices and housing market weakness are significant headwinds to economic growth
Beige Book signals modest US growth
Federal Reserve summary finds modest growth reported by all districts amid concerns about petroleum prices; manufacturing sector expansion also noted
Fed’s Yellen discusses timeline for interest rate change in US
Federal Reserve vice-chair says gradual pace of recovery means interest rates likely to remain low until late 2014
Fed’s Tarullo sees early wins for dynamic capital supervision
Daniel Tarullo, a governor of the Federal Reserve, believes the introduction of new dynamic capital techniques in the US has improved regulation; says static rules have serious flaws
India's Subbarao contrasts Fed and ECB's roles during financial crisis
Reserve Bank of India (RBI) governor discusses the different responses of the Federal Reserve and the ECB to the on-going financial crisis
Bernanke outlines shadow banking reform priorities
Fed chairman outlines regulatory steps taken so far in relation to shadow banking; says careful monitoring and supervision of the whole system are required
QE3 prospects diminish slightly after FOMC minutes release
FOMC minutes provoke fresh questions as to likelihood of further QE; Fed board members cautious on growth prospects