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Journal Article
Current issues in monetary control
An abstract for this article is not available
Journal Article
Federal Reserve Banks as fiscal agents and depositories of the United States in a changing financial environment
Pursuant to the Federal Reserve Act, the Federal Reserve Banks perform a number of services for the United States and for other entities as fiscal agents and depositories. These roles have evolved since the relevant provisions of the Federal Reserve Act were implemented in 1915. An article in the April 2000 Federal Reserve Bulletin described these activities as being mainly the issuance and redemption of securities and the processing of payments to and from the federal government. Although the basic fiscal agent services have not changed since the article was published in 2000, considerable ...
Journal Article
Selling Federal Reserve payment services: one price fits all?
Speech
A perspective on the U.S. Economy and monetary policy (with reference to the music of Richard Wagner and Gangsta Rap)
Remarks before New Mexico State University's Spring 2011 Domenici Institute Forum, Las Cruces, New Mexico, May 4, 2011 ; I will keep my comments as brief as possible this afternoon so as to leave ample time for Q&A. I want to first provide the prcis of the analysis of the nation?s economy that I presented to the FOMC (Federal Open Market Committee) last week on behalf of the 27 million citizens of the 11th District of the Federal Reserve System, including the citizens of Las Cruces and southern New Mexico. Second, I will discuss inflation as we see it at the Dallas Fed. But before getting ...
Speech
Dialogue with the Fed
Given at the "Dialogue with the Fed: Beyond Today's Financial Headlines" discussion, St. Louis.
Journal Article
Public utility pricing, debt financing, and consumer welfare
An abstract for this article is not available.
Journal Article
The credit crunch and the real bills doctrine