United States

Speech by Roger Ferguson, Federal Reserve, 9 Oct

SPEECH - Ferguson gave a speech 'Central Banks and Markets' on receiving the 2002 Distinguished Public Service Award from the Bond Market Association. In the speech he discussed the hot topic of whether central banks have a role in the control of asset…

IMF News Brief

NEWS BRIEF - IMF Managing Director Horst Kohler to Visit Mauritania, Algeria and Tunisia during 14-21 October.

America is not in danger of deflation

ARTICLE - For most of the postwar era, deflation has been off on the radar screen of economic policymakers in the industrialised world. The United States has not experienced a sustained fall in prices since the Great Depression. Fighting inflation, not…

Speech by Susan Schmidt Bies of the Fed, 8 Oct

SPEECH - In the speech titled 'Corporate Governance and Risk Management' Bies said firms of all sizes should continue to pursue strategies to manage risk. Following sound risk management, governance, and disclosure practices consistently is also crucial…

Speech by Jack Guynn President Atlanta Fed, 2 Oct

SPEECH - Guynn said in a speech to Columbus Rotary Club titled 'The U.S. Economy: Getting Back on Track' that he'd characterise the U.S. economy as plodding along but moving in the right direction - forward. The economy has basically emerged from…

Speech by Fed Chairman Alan Greenspan, 7 Oct

SPEECH - In a speech on 'The continued strength of the U.S. banking system' Greenspan explores the apparent incongruity between this and the recent substantial losses on corporate credits. He sums up on a cautious but positive note: 'Success, indeed…

Speech by M Moskow, President, Chicago Fed, 3 Oct

SPEECH - Moskow said in a speech on 'The Economy and Expanded Trade' that the last 20 years has brought deregulated financial markets, developed more flexible labor markets and made major advances in technology for the U.S. economy. Moskow concluded that…

Economy improving, O'Neill tells bankers

US - The U.S. economy is likely grew at least 3 percent during the third quarter and will show slightly more robust performance in the current quarter and beyond, Treasury Secretary Paul O'Neill predicted in Phoenix on Monday.

Chicago Fed Letter, November 2002

PUBLICATION - The November 2002 issue of the Chicago Fed Letter is titled 'A regional perspective on the U.S. business cycle'. It is not difficult to come up with a definition of the business cycle that most of us would understand. A thornier issue is…

The Regional Economist, October 2002

PUBLICATION - The Quarterly Review of Business and Economic Conditions, The Regional Economist, edition from the St Louis Fed contains an article 'Story Time at the FOMC'. Formal data don't tell policy-makers everything they need to know about the…

Speech by David Dodge, Bank of Canada, 5 Oct

SPEECH - In a speech on 'Dollarization and North American Integration', Dodge discusses the benefits and costs of a floating exchange rate versus dollarization, given the current conditions, and the implications for the floating exchange rate should the…

Speech by Roger Ferguson, Federal Reserve, 3 Oct

SPEECH - In a speech titled 'Business Continuity after September 11' Ferguson looks at business-continuity challenges and discusses a related white paper that US regulators have recently published for public consultation. He also highlights the…

IMF Survey, Vol. 31, No 18, October 7

SURVEY - The latest issue includes various reports on the 2002 Annual Meetings: overview, speeches, communiques, press conferences. There are also articles on African capacity building, FDI website, Burton to head Asia-Pacific Department, prolonged use…

Speech by Gary Stern, Minneapolis Fed Bank, 19 May

SPEECH - In the speech titled 'Reflections on Business, Government and Reputation' Stern said "recent leaders of the Federal Reserve, namely Paul Volcker and Alan Greenspan, are I think widely and deservedly perceived as men of unquestioned integrity and…

Speech by W. McDonough, New York Fed Bank, 29 Sep

SPEECH - In the speech titled 'Issues in Corporate Governance' McDonough used part of it to return to a topic he discussed recently, executive compensation. He said that in his view, public policy should aim to eliminate distorting incentives and to…

Central Banker, Fall 2002

REPORT - The Fall 2002 edition of the St. Louis Fed's Central Banker magazine has been published. This edition includes articles on why some changes in the retail payment market may be causing confusion for consumers and looks at the St Louis Fed's new…

Speech by Gary Stern, Minneapolis Fed Bank, 25 Apr

SPEECH - In the speech titled 'The (Uncertain) Resilience of the U.S. Economy' Stern said that two of the Minneapolis Fed's economists reviewed a variety of inflation forecasting models and found that Phillips curve type NAIRU models did no better at…

Speech by W. McDonough, New York Fed Bank, 18 Sep

SPEECH - In the speech titled 'Completing the Journey to the New Basel Accord' McDonough said that motivating all banks to improve their management of risk, and thereby strengthen the stability of the banking system, is one of the principal objectives…

Philadelphia Fed Business Outlook Survey

REPORT - Results from September's Business Outlook Survey show that activity in the region's manufacturing sector has improved modestly, according to firms surveyed for this month's Business Outlook Survey. Most of the survey's broad indicators of…

Chicago Fed Letter, October 2002

PUBLICATION - The October 2002 issue of the Chicago Fed Letter is titled 'Solving the problem of small change' - In the last hundred years, monetary systems have evolved from commodity-based, meaning their value is tied to a commodity like gold, to fiat…

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