Your Search Returned 7 tagged news reports
B oston Federal Reserve chief Eric Rosengren, speaking today in London, said despite the danger posed when financial institutions get “too big to fail,” many of our largest global banks have actually gotten bigger during the recession.
Officials should take their time with regulatory reforms to make sure that they "get it right" and find a lasting solution, Federal Reserve Vice Chairman Donald Kohn said on Friday. "I hope we build a regulatory structure that is good for a couple of...
Tags: Boston Federal Reserve Bank, Federal Reserve Board, Donald Kohn
Fertilizer producer Agrium Inc. warned Friday that its third-quarter profit will be 90 to 95 per cent lower than last year's third-quarter results. U.S. Federal Reserve Chairman Ben Bernanke is prodding Congress to enact legislation overhauling the financial...
Tags: Ben Bernanke, Congress, Boston Federal Reserve Bank, Federal Reserve Board, U.S. Federal Reserve, Mr. Bernanke, federal reserves, chairman ben, reserves chairman, prodded congress
B oston’s top banker said it’s essential for banks to get troubled assets off their balance sheets as quickly as possible. “I believe it would be desirable to move quickly to remove problem assets from bank balance sheets so lenders can once again focus...
Tags: Eric Rosengren, Boston Federal Reserve Bank, balance sheets, bad assets, banks balance, troubled assets, reserve banks
T he U.S. economy is in worse shape than originally thought, but the hard times could begin easing by mid-2009, New England’s top banker says. “This recession looks to be longer and more severe than was originally forecast. Still, there are indications...
Tags: Boston Federal Reserve Bank, Eric Rosengren, U.S, originally thought, recession looks
ngry taxpayers and politicians looking for someone to blame for the current economic crisis may have no further to look than the Boston Federal Reserve Bank, according to a top academic. The stunning rise in U.S. home foreclosures, which is a root cause...
Fed�s Kohn Warns About Inflation Psychology Published: June 11, 2008 Filed at 12:10 p.m. A steady rise in energy prices has fueled an inflationary psychology in the United States and could be a problem if it does not reverse, Federal Reserve Vice Chairman...
Tags: Boston Federal Reserve Bank, Donald Kohn, energy prices, inflation psychology