Federal Reserve System

Speech by Roger Ferguson of the Federal Reserve

SPEECH - In the speech titled 'Why Central Banks Should Talk' Roger Ferguson strongly welcomes the recent trend across the globe toward greater openness. He concludes that central banks should continue to thoughtfully consider proposals to increase…

Speech by Anthony Santomero of Philadelphia Fed

SPEECH - Santomero sees "clear signs of renewed growth by mid-year, and a healthy pace of sustained growth by year-end". He suggests 2002 will be a turnaround year with the Greater Philadelphia region recovering along with the nation.

Federal Reserve Press Release

PRESS RELEASE - 3 January 2002. Susan Schmidt Bies and Mark W. Olson were formally sworn in as members of the Board of Governors of the Federal Reserve System at a ceremony Thursday in the atrium of the Board's main building in Washington.

Speech by Laurence Meyer of the Federal Reserve

SPEECH - Laurence Meyer said in a speech on Tuesday afternoon titled 'Financial Stability in Emerging Markets: What Have We Accomplished and What Remains To Be Done?' that an international bankruptcy scheme like that proposed recently by the IMF is not a…

Fed's Meyer skeptical about IMF's bankruptcy plan

US - A senior Federal Reserve policymaker expressed scepticism Tuesday about the International Monetary Fund's plan to allow debt-burdened countries to suspend payments to their creditors, saying it is unlikely to win international political support.

Speech by Bob McTeer of the Dallas Fed Bank

SPEECH - Speech by Bob McTeer, President and CEO, Federal Reserve Bank of Dallas. The speech mentions 'The French Adam Smith' and begins with a look at the theory of the invisible hand. That one persons spending is anothers income and all benefit…

Speech by Michael Moskow, President, Chicago Fed

SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago. Michael Moskow said in the speech titled 'Cultural Transformation at the Chicago Fed' that a cultural transformation at the Federal Reserve Bank of Chicago has…

Speech by William Poole of the St. Louis Fed Bank

SPEECH - Speech by William Poole*, President of the Federal Reserve Bank of St. Louis. Poole said in the speech titled 'Market Responses to Economic Stress' he has "no way to set a precise timetable for renewed growth," but agreed with "professional…

Speech by Michael Moskow, President, Chicago Fed

SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago. Michael Moskow says in the speech "We expect the economy to improve next year, although the timing is uncertain," but adds that "Looking ahead, we are likely to…

US Fed issues revisions to payments system risk

US - The Federal Reserve Board on Tuesday issued revisions to its policy statement on payments system risk that it said "should alleviate liquidity pressures" that were identified during a broad review of the policy.

Former US official proposes solvency crisis fund

ARGENTINA - While Argentina's perilous brush with bankruptcy has sparked a renewed debate on the idea of officially-sanctioned debt standstills, a former top official of the Federal Reserve and the Treasury Department on Monday proposed another way of…

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