Search Results
Speech
Risk management in monetary policymaking: remarks to the National Association of Corporate Directors, New England Chapter, Boston, Massachusetts, March 5, 2019
Eric Rosengren, the Boston Fed president, offered up a ?relatively strong forecast? for the economy in 2019: growth somewhat above 2 percent, inflation close to the Fed?s 2 percent target, and a labor market that continues to tighten. However, ?risks to that outlook have increased recently,? he said, in a talk focused on assessing and managing those risks.
Speech
The Federal Reserve’s Market Functioning Purchases: From Supporting to Sustaining
Remarks at SIFMA Webinar.
Journal Article
Closing Small and "Sufficiently" Large Open Economies with Different Asset Structures
There are two important dimensions that matter when we write down a model economy of a country that is open to international financial markets. The first one is its size, and the second one is its asset market structure. Small open economies are price takers so the analysis happens in partial equilibrium, while countries that are “sufficiently" large can affect international prices and the analysis happens in general equilibrium. The second important dimension is the asset market structure. If markets are complete there is full risk sharing, while if markets are incomplete there is not. In ...
Speech
Opening remarks at panel on Market Monitoring and the Implementation of Monetary Policy
Dallas Fed President Lorie Logan delivered these remarks at the annual meetings of the International Banking, Economics and Finance Association and the American Economic Association.
Speech
Recent Global Developments and Central Bank Responsibilities in a Changing Risk Landscape
Remarks at the Official Sector Service Providers (OSSP)-Bank Negara Malaysia (BNM)-South East Asian Central Banks (SEACEN) Research and Training Centre Forum on Central Bank Foreign Currency Operations.
Speech
Rising to the Challenge: Central Banking, Financial Markets, and the Pandemic
Remarks at the 16th Meeting of the Financial Research Advisory Committee for the Treasury’s Office of Financial Research (delivered via videoconference).
Briefing
Are Markets Becoming Less Competitive?
National markets in many U.S. industries seem to be increasingly dominated by large companies. Some policymakers have argued that this growing market concentration is a sign of weakening competition, but concentration by itself does not necessarily translate into market power. It may be too soon to reach a decisive conclusion about whether market power, not simply market concentration, is on the rise.
Speech
A Resolution for 2021: No New LIBOR
Remarks at the Securities Industry and Financial Markets Association’s LIBOR Transition Forum (delivered via videoconference).
Speech
Market Intelligence and the Monetary Policy Process
Remarks at the Deutsche Bundesbank – Representative Office New York, New York City.
Journal Article
OTC Derivatives—A Primer on Market Infrastructure and Regulatory Policy
In this article, we discuss some recent developments relating to the regulation of derivatives markets, specifically the Group of Twenty (G-20) mandates, and examine the infrastructure that supports derivatives markets (including both the trade execution and post-trade clearing and settlement processes). Then we identify some of the policy issues raised by the G-20 market structure mandates. To provide a foundation for that discussion, first we explain some key concepts and terms.