Federal Reserve System
Economists petition lawmakers for Fed independence
Former Federal Reserve governor Frederic Mishkin among the signatories of online petition to keep monetary policy independent
Lender recourse increases the likelihood of default
Richmond Federal Reserve shows the impact of lender recourse on mortgage defaults
Fed’s Greenlee: further stress testing needed
Federal Reserve’s Jon Greenlee says that many institutions would benefit from additional stress testing
Labour productivity fosters booms
New York Federal Reserve shows labour productivity helps create bubbles
Washington names nine to buy toxic assets
The US Treasury, Federal Reserve and Federal Deposit Insurance Corporation give nine firms the right to buy assets under the legacy securities programme
Fed’s Kohn sets out case for independence
Federal Reserve’s Donald Kohn appeals to lawmakers to maintain independent central bank
US policymakers should implement Brady Plan-like measures
Boston Federal Reserve shows that lessons from the Latin American debt crisis can be applied to the US credit securitisation markets
Fed Hoenig: new rules must be simple
Kansas City Federal Reserve’s Thomas Hoenig calls for new rules for systemically-important institutions to be comprehensible
Fed's Yellen: rates may stay low for years
Janet Yellen, the president of the San Francisco Federal Reserve and a respected senior US policymaker, has given a bleak assessment of the US economy’s prospects
Fed's Bullard: bailouts could prompt independence backlash
Regional president warns Fed actions could impact independence
Bernanke: public must grasp economic developments
Ben Bernanke says the public’s economic understanding is crucial for the conduct of monetary policy
Boston Fed’s Rosengren on forward-looking regulation
Boston Fed’s Eric Rosengren says that regulation must look for future risks in the system
Fed declares victory on deflation risks
The Federal Open Market Committee (FOMC) on Wednesday signalled that it no longer believes a serious threat of deflation exists.
Fed plans changes to repo markets - report
The Federal Reserve is considering a major overhaul to repo markets, where banks globally raise overnight dollar loans, reports say.
Rejigging the OTC derivatives market
Patricia White, an associate director at the division of research and statistics at the Federal Reserve, has testified on how the central bank believes the derivatives market should be regulated.
Bernanke: bottom-up actions key for recovery
Economic recovery and development is a bottom-up as well as top-down process, said Ben Bernanke, the chairman of the Federal Reserve.
Geithner defends Fed from Congressional attack
Tim Geithner, the US Treasury secretary and a former head of the New York Federal Reserve, backed the Federal Reserve as the best institution to monitor systemic risk after lawmakers queried the central bank's ability to do so.
Don't hike rates too early, Fed's Duke warns
Elizabeth Duke, a governor of the Federal Reserve, has noted that previous downturns have been deepened or prolonged by the premature withdrawal of monetary or fiscal stimulus.
Obama proposals call for Fed governance review
Sweeping proposals for reforms to financial regulation released by the White House on Wednesday have called for a comprehensive review of the governance and structure of the Federal Reserve.
US output gap may be smaller than thought
That core inflation has fallen relatively little indicates that there is less slack in the American economy, and thus a smaller output gap, than standard estimates predict, research published by the San Francisco Federal Reserve posits.
Obama wants Fed to monitor systemic risk - report
The US administration will reveal that it wants the Federal Reserve to regulate America's largest and most interconnected financial firms later this week, reports say.
Risk deficiencies common to all
The financial crisis and ensuing recession have revealed deficiencies in risk management in both systemically-important financial firms and community banks, Daniel Tarullo, a governor at the Federal Reserve, has said.