Federal Reserve System
Fed's Bies on the economic outlook
In the speech 'The economic outlook' given on 2 November Susan Bies of the Federal Reserve said steady but slow economic growth in the US should lead to more slack in the job market and allow a decline in worrisome inflation though that outcome is not…
Fed Reserve Bank of St Louis Review, Nov/Dec 2006
The latest edition of the St Louis Fed's Review for Nov/Dec 2006 includes the article 'Money and monetary policy for the twenty-first century.' This essay challenges the conventional wisdom about money and monetary policy.
Fed's Fisher says main goal is inflation control
Federal Reserve Bank of Dallas President Richard Fisher said Thursday 2 November that keeping inflation in check is the central bank's primary goal.
Can we bank on the Federal Reserve?
According to this article from the November 2006 edition of reason, Ben Bernanke, has big shoes to fill-and many possible hazards to sidestep. The article also contains interviews with several Fed watchers, including Milton Friedman, to assess the…
Fed's Bernanke on community development
In the speech 'Community development financial institutions: Promoting economic growth and opportunity' given on 1 November Ben Bernanke of the Federal Reserve said with the explosion of financial choices, consumers must continually sharpen their…
Interview with Dallas Fed's Richard Fisher
Federal Reserve Bank of Dallas president Richard Fisher told Reuters in an interview published Monday 30 October that after a weak third quarter the US economy seems to be recovering.
Iraq central bank officials to train in Bahrain
Sixteen high-ranking officials from Iraq's central bank are to undergo advanced training at the Bahrain Institute of Banking and Finance, the Gulf Daily News reported on Tuesday 31 October.
Fed's Lacker - rebel without a pause
This article published Wednesday 25 October notes that Richmond Fed president Jeffrey Lacker has become the first Federal Reserve policy-maker in eight years to dissent from his colleagues for three consecutive meetings.
Atlanta Fed paper on cross-border banking
The Federal Reserve Bank of Atlanta Working Paper "Cross-border banking: Challenges for deposit insurance and financial stability in the European Union" examines the implications that alternative regulatory structures may have for resolving failed…
Study urges improved Fed communications policy
A new study commissioned by Macroeconomic Advisers, headed by former Fed governor Larry Meyer, reveals most leading US financial market participants do not want the US central bank to adopt an inflation objective, a mild form of an inflation target.
Fed's Bies on enterprise risk management
In the speech 'A supervisory perspective on enterprise risk management' given on 17 October Susan Schmidt Bies of the Federal Reserve said that bankers need to beware of their home mortgage lending because there were signs that U.S. housing markets are…
Fed's Bernanke on bank regulation and supervision
In the speech 'Bank regulation and supervision: Balancing benefits and costs' given on 16 October Ben Bernanke of the Federal Reserve said U.S. bank regulators are taking a close look at international differences in the implementation of Basel II.
Fed's Mishkin on globalization: A force for good
In the speech 'Globalization: A force for good?' given on 12 October Frederic Mishkin of the Federal Reserve said developing countries need to develop good institutions that allocate capital efficiently in order to raise living standards.
Federal Reserve Board - Beige Book, October 2006
The Federal Reserve published its October 2006 Beige Book survey on 12 October. Half of the Fed's 12 districts reported moderate or mixed economic growth in September, while four noted stronger growth, according to the report.
Lacker stands tall in the Fed's inflation fight
According to this article published Friday 13 October by Bloomberg, Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, is the nation's inflation vigilante.
Fed minutes suggest rates may stay on hold
The Federal Reserve may keep interest rates on hold for an extended period after minutes of its September policy meeting, released Wednesday 11 October, showed the central bank was still wary of inflation risks.
Fed's Bies on current banking issues
In the speech 'A U.S. supervisor's perspective on current banking issues' given on 11 October Susan Schmidt Bies of the Federal Reserve said that U.S. regulators were concerned some U.S. banks were increasingly concentrating their lending in the segment.
St Louis Fed's Regional Economist, October 2006
The St Louis Fed's Regional Economist for October 2006 includes the article 'Can we continue to satisfy our appetite for electricity?' 'Predatory lending laws linked to income inequality,' and 'Adding up the economic effects of immigration'.
Interview with St Louis Fed's William Poole
In comments to the Financial Times published Tuesday 10 October St. Louis Federal Reserve Bank President William Poole said the Fed could do "relatively little" and let the bond market stabilise the economy.
Yellen says Fed rate pause 'makes sense'
Holding interest rates steady "for a time" makes sense as monetary policymakers study data about the economy, the president of the San Francisco Federal Reserve said Monday 9 October.
Columbia's Phelps gets Nobel economics prize
Edmund S. Phelps, a professor at Columbia University in New York, won the Nobel Prize in economic sciences on Monday 9 October.
Fed focuses on right target - core inflation
According to this article from John Berry at Bloomberg, published Tuesday 3 October, despite various criticisms Federal Reserve officials are right to target core inflation.
Fed's Bernanke on demographics
In the speech 'The coming demographic transition: Will we treat future generations fairly?' given on 4 October Ben Bernanke of the Federal Reserve said a "substantial correction" is under way in the US housing market but it has not so far had a big…
Fed's Kohn on economic outlook
In the speech 'Economic outlook' given on 4 October Donald Kohn of the Federal Reserve said he is more concerned about persistent inflation than slowing growth in an economy that's likely to avoid a recession.