United States

Speech by Robert Parry, San Francisco Fed, 23 Apr

SPEECH - Parry said on Tuesday in a speech titled 'Inside the Federal Reserve: A District Bank President's Perspective' uncertainty lingers about the strength of the U.S. economic recovery and the Fed can take its time deciding when to raise short-term…

Federal Reserve Board - Beige Book

REPORT - Prepared at the Federal Reserve Bank of Kansas City and based on information collected before April 16, 2002. This document summarizes comments received from business and other contacts outside the Federal Reserve and is not a commentary on the…

Speech by M Moskow, President, Chicago Fed, 17 Apr

SPEECH - Moskow said in a speech titled 'The Impact of Open Markets and Expanded Trade on Economic Development' that the U.S. economic recovery is underway and the full effects of the reduction in rates over the past 15 months have yet to be felt.

Speech by M Moskow, President, Chicago Fed, 22 Apr

SPEECH - In his opening remarks to the Asset Bubbles Conference Moskow said that during the last two decades, there have been instances throughout the developed and developing worlds of prolonged build-ups and sharp collapses in asset prices in stock,…

Speech by Fed Chairman Alan Greenspan, 22 Apr

SPEECH - Federal Reserve Chairman Alan Greenspan said on Monday in a speech titled 'Finance: United States and global' he saw early signs of a recovery in business capital spending but warned that he did not believe the corporate investment rebound would…

An overview of the Federal Reserve System

FEATURE - In an interesting article Hoover's Company Profiles look at the history of the Federal Reserve. The Federal Reserve Act followed the panic which ensued after the failure of New York's Knickerbocker Trust Company in 1907. J. P. Morgan strong…

IMF Press Conference

PRESS CONFERENCE - Transcript of a Press Conference Following The International Monetary and Financial Committee Meeting, Washington, D.C., 20 April.

G7 didn't discuss exchange rates says Duisenberg

US - Finance ministers and central bankers from the Group of Seven leading industrial nations didn't discuss foreign exchange during their meeting Saturday, "apart from the usual statements," European Central Bank President Wim Duisenberg said.

Volcker seen as likely to step aside at Andersen

USA - Paul A. Volcker, the former Federal Reserve chairman sought to help embattled Arthur Andersen LLP map out a future, now looks likely to step aside, deepening the crisis within the accounting firm, Monday's Wall Street Journal reported.

Fed's Minehan sees e-payments change as inevitable

US - The shift in the financial payments and settlements system to electronic transactions is proceeding apace, and the U.S. central bank is embracing that change, Cathy Minehan, the president of the Federal Reserve Bank of Boston, said on Tuesday.

Back from a King's vault, the lone double eagle

FEATURE - It is a $20 gold piece from 1933 that was ordered destroyed by President Franklin D. Roosevelt. Stolen from the United States Mint, it was exported for a king after the government committed the bumble of all bumbles, was contested in an…

G7 to focus on World Bank grants, terror finance

US - The Group of Seven leading industrial nations finance ministers' meeting Friday will focus on proposals to increase World Bank grants and ongoing efforts to cut off sources of terrorism finance, a senior U.S. Treasury official said Friday.

Speech by H Kohler, Managing Director, IMF, 17 Apr

SPEECH - Kohler said in a speech titled 'Promoting Sustained Growth and International Financial Stability' that the U.S. economic recovery should provide a lift for the rest of the world, making now a good time for the world's largest economies to…

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