Fed’s Evans: Monetary Policy Can Facilitate Robust Economic Expansion
The Fed should continue to take steps to boost the economy and has an obligation to articulate what it is trying to accomplish with monetary policy, a central banker said Friday.
Fed’s Lockhart: Benefits of Low-Rate Policy Outweigh Costs
The benefits of the Federal Reserve's low-rate policy "outweigh the costs," a top central banker said Thursday at an annual banking outlook conference in Atlanta.
Fed’s Fisher: Fiscal Authorities Must Get Their Act Together
To heal the plight of the American worker, the country's fiscal authorities must act and not rely on the Fed alone, said a top central bank official.
Fed’s Plosser Opposes Rate Timetable
The Fed shouldn't have conditionally pledged to keep interest rates low until 2014 because the economy is improving, a central banker said.
Fed’s Dudley: Policy Actions Essential for Recovery
Policy actions in housing, fiscal policy and structural adjustment of the U.S. economy are essential to achieve economic recovery, which remains sluggish by historical standards, said a top Federal Reserve official Friday.
Fed’s Williams: Fiscal Policy Actions ‘Badly Needed’
The Fed's actions during the past four years have not been enough to deliver a robust recovery so fiscal policy actions are "badly needed," said a central bank official.
Fed’s Kocherlakota: As Economy Recovers, FOMC Should Reduce Monetary Accommodation
As inflation rises and unemployment falls, the Fed should respond by lowering its level of accommodation, said a top central banker on Thursday, noting this kind of systematic response to changes in economic conditions is an essential part of good mone...
Fed’s Lockhart: Oversight Can Only Prevent Some Failures
Regulators can't guarantee that individual firms won't fail but good oversight can prevent some failures, a top central banker said Friday.
Fed’s Fisher: Job Creation of Utmost Importance
Job creation is the biggest challenge in the country and the Fed has created the right conditions for it, according to a central banker.
Fed’s Bullard: Asset Purchases Are ‘Potent Tool’
Asset purchases are a "potent tool" for influencing inflation, said a U.S. central banker on Monday.
Dollar Funding Indicator Improves After Central Bank Measures
A leading indicator that captures the cost of swapping euros into dollars is tightening, in an early vote of confidence that the ECB's latest move to improve dollar funding will increase liquidity in the lending market.
Fed’s Lockhart Comfortable With Current Policy Stance
Structural adjustments in the economy may take years before it is restored to health, a central banker said, noting that monetary policy shouldn't be seen as a "panacea," but he is comfortable with the current accommodative stance.
