Speech

Back from the abyss: now what?

Abstract: Remarks before the 125th Annual Convention of the Texas Bankers Association, San Antonio, Texas, May 15, 2009 ; \"The most recent reports indicate that job losses may be slowing; trucking companies--a group often looked to as a leading indicator--report a slight pickup in sales; purchasing managers are reporting that the pace of decline in new orders has abated; and retail sales are getting slightly less worse. These are encouraging signs. But we are not out of the woods. We have miles to go before we sleep.\"

Keywords: Financial crises; economic conditions - United States; Monetary policy;

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Speeches and Essays

Publication Date: 2009

Number: 10