Search Results
Speech
Texas redux, America restrained (with a discussion of the limits of monetary policy)
Remarks before the Texas Manufacturers Summit 2012, San Marcos, TX, February 15, 2012 ; "In a nutshell, Texas continues on a path it has been on for over two decades, outperforming the nation in economic growth and job expansion. We have fully recovered the jobs lost during the Great Recession and have punched through previous peak employment levels."
Speech
A report on the economy (with a nod to the Carl Sewells and Ben Bernanke)
Remarks before the Texas A&M Retailing Summit, Dallas, Texas, October 7, 2011 ; "We have filled the gas tanks of the economy with affordable liquidity. What is needed now is for employers to confidently step on the pedal and engage the transmission that will use that fuel to move the great job-creating machine of America forward."
Speech
Remarks before the National Association for Business Economics
Dallas Fed President Bob McTeer delivered remarks before the National Association for Business Economics.
Speech
Financial reform or financial dementia?
Remarks at the SW Graduate School of Banking 53rd Annual Keynote Address and Banquet, Dallas, Texas, June 3, 2010 ; "Let me make my sentiments clear: It is my view that, by propping up deeply troubled big banks, authorities have eroded market discipline in the financial system."
Speech
Two areas of present concern: the economic outlook and the pathology of Too-Big-to-Fail (with reference to Errol Flynn, Johnny Mercer, Gary Stern, and Voltaire)
Remarks before the Senior Delegates' Roundtable of the Fixed Income Forum, Carlsbad, California, July 23, 2009. ; "A lot of former negatives are being eliminated. We are seeing changes from negative impulses to slightly positive ones. This accentuates the positive in the aggregate. We probably have the beginnings of a faint recovery."
Speech
The Neutral Rate of Interest
An essay by Federal Reserve Bank of Dallas President Robert S. Kaplan from October 24, 2018.
Speech
Lessons learned, convictions confirmed
"In theory, the Fed's monetary policy and regulatory functions are separate. In practice, they are anything but--rather, it is a symbiotic relationship. The past two years have highlighted the interconnections of monetary and regulatory policy: Monetary policy depends upon regulation that ensures the soundness of financial institutions." ; Remarks before the Council on Foreign Relations, New York City, March 3, 2010.
Speech
The U.S., Mexican, and border economies
Remarks before a Federal Reserve Bank of Dallas Community Luncheon, Laredo, Texas, September 10, 2007. ; "It is fair to say that I am encouraged by what I have heard against a background of constant negative speculation and the occasional discordant note, such as last week's employment numbers. Our economy appears to be weathering the storm thus far. The future path of that storm and the appropriate policy course, however, are still to be determined."
Speech
Risk is a many splendored thing: lessons learned
Remarks to the Austin Mortgage Bankers Association, Austin, Texas, April 4, 2007 ; "The elimination of risk can never be the goal of any type of policymaker in a capitalist system. Risk becomes a problem only when it is excessive or when it is abused--a proposition that is especially true in today's environment, where financial markets are increasingly globally integrated and information moves with the click of a mouse."
Speech
Janet Yellen is no Mae West! (with reference to Jim Baker, Texas brag, Beyonce, liftoff, Prince and dog years)
Remarks before Rice University's Baker Institute for Public Policy Founding Director's Lecture Series,