Federal Reserve

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, March 18, 2008 at 8:30 a.m.Present:Mr....

The Federal Reserve on Sunday announced two initiatives designed to bolster market liquidity and promote orderly market functioning. Liquid, well-functioning markets are essential for the promotion of...

Chairman Ben S. BernankeAt the National Community Reinvestment Coalition Annual Meeting, Washington, D.C.Fostering Sustainable Home OwnershipThis audience, the National Community Reinvestment...

Since the coordinated actions taken in December 2007, the G-10 central banks have continued to work together closely and to consult regularly on liquidity pressures in funding markets. Pressures in...

Vice Chairman Donald L. KohnAt the International Symposium of the Banque de France, Paris, FranceImplications of Globalization for the Conduct of Monetary PolicyLet me begin by saying that I agree...

Governor Frederic S. MishkinAt the Norges Bank Conference on Monetary Policy, Oslo, NorwayExchange Rate Pass-Through and Monetary PolicySince 2002, the U.S. dollar has depreciated over 40 percent...

The Federal Reserve on Friday announced two initiatives to address heightened liquidity pressures in term funding markets.First, the amounts outstanding in the Term Auction Facility (TAF) will be...

SummaryReports from the twelve Federal Reserve Districts suggest that economic growth has slowed since the beginning of the year. Two-thirds of the Districts cited softening or weakening in the pace...

Chairman Ben S. BernankeAt the Independent Community Bankers of America Annual Convention, Orlando, FloridaReducing Preventable Mortgage ForeclosuresOver the past year and a half, mortgage...

Vice Chairman Donald L. KohnCondition of the U.S. banking systemBefore the Committee on Banking, Housing, and Urban Affairs, U.S. SenateChairman Dodd, Ranking Member Shelby and members of the...