Federal Reserve System

Speech by Dino Kos of the Reserve Bank of New York

SPEECH - In the speech titled 'The Interplay of Markets and the Fed's Market Operations' Kos said 'The Federal Reserve is still considering what sort of securities it will hold in its portfolio, and is still weighing the possibility of buying Ginnie Mae…

Testimony of Fed Chairman Alan Greenspan

TESTIMONY - In his testimony titled 'Financial literacy' Greenspan said "for an increasingly complex financial system to function effectively, widespread dissemination of timely financial and other relevant information among educated market participants…

ECB and BoE - distinguishing features

UK - Analysts often laud the speed of the Fed's response times, like the BoE's, to changes in the business climate, while they decry the supposed "slowness" and unpredictable nature of the ECB.

Testimony of Richard Spillenkothen of the Fed

TESTIMONY - In his testimony titled 'Antiterrorism initiatives' Spillenkothen said that the Federal Reserve has a significant commitment to the bank regulatory community's anti-money laundering and anti-terrorism mission and that we will continue our…

Chicago Fed Letter, February 2002

REPORT - According to research in the latest Chicago Fed Letter, improvements in average worker skill levels have slowed and are likely to continue to slow the rest of this decade, which could negatively impact U.S. productivity growth in years to come.

Speech by William Poole of the St. Louis Fed Bank

SPEECH - Poole said in the speech titled 'Flation' that within the confines of the goal of price stability, the central bank has some flexibility to lean against fluctuations in output and employment but that this goal should not be compromised in…

Speech by Michael Moskow, President, Chicago Fed

SPEECH - In the speech titled 'Economic Trends 2002' Moskow said that he did not see a near-term threat to the U.S. economy from deflation, although prices for some goods have been declining. "I don't see deflation as a threat to our economy on the near…

Greenspan O'Neill to testify on financial literacy

US - Federal Reserve Chairman Alan Greenspan, Treasury Secretary Paul O'Neill, and Securities and Exchange Commission Chairman Harvey Pitt will testify in Congress early next month on efforts to promote financial literacy, the Senate Banking Committee…

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