Reserve Articles
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191. Charles Plosser, president of the Federal Reserve Bank of Philadelphia
Thomson Financial News - "Unfortunately, what the public has come to expect of monetary policy, and central banking more generally, has risen considerably over the years. Indeed, there seems to be a view that monetary policy is the solution to most, if not all, economic ills."
28 Mar 2008
192. Eric Rosengren, Boston Federal Reserve Bank President
Thomson Financial News - "We know that the way that banks are likely to behave is linked to the size of their current and expected future losses; and as supervisors, with access to internal bank documents and interactions with bank management, we can estimate them."
28 Mar 2008
193. Frederic Mishkin, Federal Reserve Board Governor
Thomson Financial News - "When one member advocates a more accommodative policy stance than the other members, it ay not be clear whether that reflects a more negative outlook for the economy or a greater willingness to allow inflation to settle in or near the top of the comfort zone."
28 Mar 2008
194. Gary Stern, Federal Reserve Bank of Minneapolis President
Thomson Financial News - "Recent events have likely reaffirmed and strengthened some creditors' expectations of support, or have created those expectations for the first time, yet the Fed simply cannot allow widespread perceptions of government support to pervade the financial system."
27 Mar 2008
195. Sandra Pianalto, Federal Reserve Bank of Cleveland President
Thomson Financial News - "Collectively, these innovations provide for much longer terms of lending, broader types of collateral, a wider class of counterparties, and a tighter spread between the primary credit rate and the target federal funds rate. All of these innovations were designed to bolster market liquidity and promote orderly market functioning."
27 Mar 2008
196. Glenn Stevens, Reserve Bank of Australia deputy governor
Thomson Financial News - "There is very little direct exposure to the US subprime problems but the main reason is many years of robust economic growth, sound regulatory foundations and prudential risk management."
27 Mar 2008
197. Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago
Thomson Financial News - "At 2.25 percent, the current federal funds rate is accommodative and should support stronger growth. Indeed, because monetary policy works with a lag, the effects of last fall's rate cuts are probably just beginning to be felt, and the cumulative declines should do more to promote growth going forward."
27 Mar 2008
198. US Suspects Arson at Puerto Rico Reserve
Arsonists appear to be responsible for three fires over the last week that damaged nature reserves in southwestern Puerto Rico, U.S. investigators said Sunday.
24 Mar 2008
199. Getty Realty Results Tumble on Reserve
Getty Realty Corp. took a $10.5 million reserve for uncollectable rents that forced the company to lower previously released fourth-quarter results, the real estate investment trust said Tuesday.
18 Mar 2008
200. Gold Down After Federal Reserve Rate Cut
Gold futures fell sharply in aftermarket trading Tuesday despite an aggressive U.S. interest rate cut that boosted other commodities. Other futures rose broadly, with crude oil, copper and agriculture futures all trading higher.
18 Mar 2008
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