[...]In my view, a goal of price stability requires thatmonetary policy be oriented beyond the horizon of itsimmediate impact on inflation and the economy. Thisimmediate horizon is on the order of two to three years.This orientation properly puts the focus of a forwardlookingpolicy on the time...

I am delighted to be here today to address this importantconference on economic, supervisory, and regulatory issuesfacing foreign banks operating in the United States. I alsovery much appreciate the efforts of my colleague GeneLudwig and his staff at the Office of the Comptroller of theCurrency...

This special issue of the Economic Policy Review presents the proceedings of quot;Financial Services at the Crossroads: Capital Regulation in the Twenty-First Century,quot; a conference hosted by the Federal Reserve Bank of New York in partnership with the Bank of England, the Bank of Japan, and...

An introduction by the president of the Federal Reserve Bank of New York to the Economic Policy Review conference volume quot;Unequal Incomes, Unequal Outcomes? Economic Inequality and Measures of Well-Being.quot