Federal Reserve

SummaryPrepared at the Federal Reserve Bank of Chicago and based on information collected on or before October 6, 2008. This document summarizes comments received from business and other contacts...

Good morning. Before I begin, I want to express my appreciation of my colleagues, Secretary Paulson and Chairman Bair, for their efforts in what has been an extraordinary collaboration. As Americans...

Washington, DC-- The following statement was made by Treasury Secretary Henry M. Paulson, Jr, Federal Reserve Chairman Ben Bernanke and FDIC Chairman Sheila C. Bair:Today we are taking decisive...

Joint Statement by Central BanksThroughout the current financial crisis, central banks have engaged in continuous close consultation and have cooperated in unprecedented joint actions such as the...

Chairman Ben S. BernankeAt the National Association for Business Economics 50th Annual Meeting, Washington, D.C.Current Economic and Financial ConditionsGood afternoon. I am pleased to have once again...

Before the Joint Economic Committee, U.S. CongressChairman Schumer, Vice Chair Maloney, Representative Saxton, and other members of the committee, I appreciate this opportunity to discuss recent...

Before the Committee on Banking, Housing, and Urban Affairs, U.S. SenateChairman Dodd, Senator Shelby, and members of the Committee, I appreciate this opportunity to discuss recent developments in...

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent.Strains in financial markets have increased significantly and labor markets have weakened...

The Federal Reserve Board on Tuesday, with the full support of the Treasury Department, authorized the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group...

A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, September 16, 2008 at 8:30...