Central banking—then and now
This article is excerpted from an address given to the Woodrow Wilson Forum sponsored by the Woodrow Wilson Birthplace Foundation, Staunton, Va., April 2, 1993. Marvin Goodfriend, senior vice president and director of research at the Richmond Fed, contributed substantially to the preparation of the article.
Competition in banking : achieving the right balance
Market discipline and Fed lending
Challenges facing the Fed
Several legislative proposals now under consideration could change fundamentally the Fed's structure and role. If these proposals become law they could reduce the quality of monetary policy and the performance of the economy.
Current developments in banking
The president of the Federal Reserve Bank of Richmond addresses the state of banking in a speech delivered to the Maryland Independent Bankers Association.
Current challenges for U.S. monetary policy
Monetary policy in a low inflation environment
What assets should the Federal Reserve buy?