Federal Reserve System
Cleveland Federal Reserve - Annual Report 2007
Policymakers could examine past crises to reveal deeper issues behind recent events, an essay that opens the latest issue of the Cleveland Fed's Annual Report suggests.
Fed on hedge funds resilience
The hedge fund industry is generally robust in the face of different market shocks, finds a new paper from the Federal Reserve.
We must be able to let a Bear go bust: Paulson
Hank Paulson, the US Treasury Secretary, called on Wednesday for a regulatory system that can withstand the failure of a large and complex financial firm.
New York Fed promotes five senior vice presidents
The New York Federal Reserve announced the appointment of five new senior vice presidents and ten vice presidents on Monday.
Fed posts Bear Stearns meeting minutes
The Federal Reserve has made public the minutes of its meetings on the future of Bear Stearns.
Ten trends in large-value payment systems
A new paper published by the New York Federal Reserve highlights ten trends in the development of large value payment systems worldwide.
NY Fed revamps organisational structure
The New York Federal Reserve on Thursday announced a raft of changes that will see the creation of two new groups and the promotion of three officials to the role of executive vice-president.
Fed keeps rates on hold
The Federal Open Market Committee (FOMC) opted on Wednesday to hold rates for the first time since August following a sequence of eight straight cuts.
Fed's Kohn advocates exchange-rate flexibility
Donald Kohn, the vice-chairman of the Federal Reserve, has said that the gains from monetary policy would be better achieved with more exchange-rate flexibility.
Fed should hold rates: IMF
The International Monetary Fund said on Friday that the Federal Reserve should keep rates at 2%.
San Francisco Fed - Annual Report 2007
The San Francisco Federal Reserve in 2007 launched an initiative to help homeowners in hard-hit communities to avoid foreclosure, the institution states in its latest Annual Report.
Boston Federal Reserve - Annual Report 2007
The Boston Federal Reserve focused on researching the problems stemming from subprime mortgages in 2007, the institution's latest Annual Report states.
Fed accused of stalling on Chinese bank licences
Chinese officials have said the Federal Reserve is delaying the approval of banking licences for two of its biggest banks as part of a political ploy.
Fed's Lacker: US may avoid recession
Growth has been slow for 2008, but the US has avoided a recession and the odds of a severe downturn appear to have fallen, said Jeffrey Lacker, the president of Richmond Fed.
Inflation of paramount importance: BoE's Tucker
A senior Bank of England official has underlined the institution's "overriding" commitment to its 2% inflation target.
The Fed on the 1987 crash
The Federal Reserve has assessed its response to the 1987 stock market crash.
Beige Book backs up Bernanke comments
The Federal Reserve's Beige Book indicates the US manufacturing sector is passing on higher input costs to customers.
NY Fed on why the US Treasury auctions bills
The US Treasury began auctioning bills in 1929 to mitigate several flaws in the department's financing structure, research published by the New York Fed reveals.
RBA on why central banks tend towards Fed-set rate
Research by the Reserve Bank of Australia has uncovered why long-term nominal interest rates in a number of inflation-targeting small open economies have tended to be highly correlated with those of the United States.
Fed details banks' balance sheet developments
The Federal Reserve has published an account of the profits of and balance-sheet developments at US commercial banks in 2007.
Futures markets still a useful tool: Bernanke
Policymakers should still look to futures markets to derive their price forecasts of key commodities despite their inaccuracy, Ben Bernanke, the chairman of the Federal Reserve, said.
Kansas City Fed uncovers optimal inflation rate
Central bankers should aim for inflation of between 0.7% and 1.4% a year, research published by the Kansas City Fed states.
Investment banks must face same rules: Geithner
Timothy Geithner, the president of the New York Federal Reserve who played a key role in the Bear Stearns bailout, has said the major investment banks must be regulated in the same way as their commercial peers.
Fed faces quandary after jobless rate surges
The Federal Open Market Committee (FOMC) may have to make another rate cut later this month after unemployment shot up at its fastest rate for 22 years.