Federal Reserve System

Central Banker, Summer 2002

REPORT - The Summer 2002 edition of the St. Louis Fed's Central Banker magazine has been published. This edition includes articles on why the St. Louis Fed was chosen as the No. 1 Treasury check-processing site and asks What can banks do to better manage…

Philadelphia Fed Business Outlook Survey

REPORT - Results from July's Business Outlook Survey reflect a slower pace of activity in the region's manufacturing sector. Although most current indicators fell from their readings in June, the major indicators of output remain positive for the seventh…

Fear and Loathing of Central Banks in America

RESEARCH - Research from the Federal Reserve Bank of Cleveland, by Michael Bryan and Bruce Champ, June 2002. In the paper the author's call the Federal Reserve "America's uneasy compromise between our wariness of concentrated financial power and our…

Zero-inflation man debates fine points at U.S. Fed

ARTICLE - He was a loyal foot soldier in a decades-long inflation battle, vowing to seek a total victory that left no sign of the enemy. But now that some say the war is won, he finds himself debating the finer points. St. Louis Fed President William…

Testimony of Fed Chairman Alan Greenspan, 16 July

TESTIMONY - In testimony to the US Congress on Tuesday Greenspan said "an infectious greed" in the business community, if unpunished, could inhibit a full economic recovery. He went on to say that "the fundamentals are in place for a return to sustained…

Send for Mr Greenspan

ARTICLE - When Alan Greenspan speaks to members of the US Congress today on the economic outlook, one can only hope the Federal Reserve chairman proves a little more successful at bolstering confidence in America's shaky economy than President George W…

Speech by Carol Carson of the IMF, 11 July

SPEECH - Carson gave a speech titled 'International Capital Data: Needs, Projects, and Prospects' and said that in the past two and half years, she believes that significant progress has been achieved in developing internationally agreed statistical…

Minutes of the Federal Open Market Committee

MINUTES - The Federal Reserve Board on Wednesday released the minutes of its discount rate meetings from 1 April to 6 May. "No sentiment was expressed in favor of an increase in the discount rate," the April 29 minutes said. The language in the May 6…

Top regulators disclose finances

US - The value of Federal Reserve Board Chairman Alan Greenspan's reported assets sagged last year, to between $3 million and $6.15 million from $4.2 million to $12.1 million, according to his 2001 financial disclosure report, released Monday, reports…

Speech by Fed Reserve Governor Ed Gramlich, 5 July

SPEECH - In a speech to the International Research Forum on Monetary Policy Gramlich said that central banks could use more research to help address certain policy questions, including those related to specific currency regimes and the short-run impact…

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