United States

Speech by Michael Moskow, President, Chicago Fed

SPEECH - In the speech 'Economic Outlook' Michael Moskow said "I must emphasize that we still face a period of uncertainty," he said. Moskow added that the uncertainty stemmed from the risk of further attacks on U.S. soil, weakness in economies abroad…

Research by the Fed Bank of Minneapolis

RESEARCH - From The Region, December 2001 published by the Federal Reserve Bank of Minneapolis. The Federal Reserve and Electronic Payments. What do considerations of principle, experience and reputation tell us? By Gary H. Stern, President.

Speech by Federal Reserve Chairman Alan Greenspan

SPEECH - In the speech given 11 January 'The Economy' Greenspan said that the economy still faced "significant risks in the near term", even though there are signs of the downturn beginning to bottom out. He also said that despite encouraging signs, it…

IMF Working Paper Series

RESEARCH - A Model of the Joint Distribution of Banking and Exchange-Rate Crises by Robert Flood and Nancy Marion of the Research Department of the International Monetary Fund, 10 January 2002.

IMF Press Briefing on Argentina

PRESS BRIEFING - Transcript of a Press Briefing (Teleconference) on Argentina given by Anne O. Krueger, First Deputy Managing Director, International Monetary Fund, Washington, D.C. 11 January 2002.

Greenspan sees risks in path to recovery

US - In his first speech on the economy in months, Federal Reserve Chairman Alan Greenspan sounded considerably more cautious about recovery prospects than private forecasters and even fellow Fed policy makers.

Poole - Job losses can rise after recovery starts

US - Recent economic data suggest that the U.S. economy has already seen the worst of the current recession, though the data show little sign about the timing and strength of an economic recovery, Federal Reserve Bank of St. Louis President William Poole…

Speech by William Poole of the St. Louis Fed Bank

SPEECH - In the speech given 11 January 'What is Happening in the U.S. Economy?' Poole gave little direct insight into the Fed's intentions regarding interest rates. The Fed "is ready to act when required" and "ready to do nothing, when required," he…

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 Anne Krueger of the IMF

SPEECH - Address by Anne Krueger, First Deputy Managing Director, International Monetary Fund, given at the Indian Council for Research on International Economic Relations, Delhi, India, 20 December.

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