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Banking and Policy Issues Magazine

June 2000

Cover of June 2000 Region
Top of the Ninth
Gary Stern, president of the Federal Reserve Bank of Minneapolis, reassesses NAIRU's value in predicting inflation.

Interview with Roger W. Ferguson Jr.
The Federal Reserve Board Vice Chairman shares his thoughts on the economic forecasting tools available to Fed policymakers and public policy issues facing the nation's retail payments system.

Defining the New Economy
Articles focusing on the so-called new economy, especially as driven by the increase in productivity.

The Legacy of the Separation of Banking and Commerce Continues in Gramm-Leach-Bliley
Randall S. Kroszner, University of Chicago, argues that the Act missed an opportunity to strengthen banks' roles in the corporate governance system and the financing of enterprises.

A Detriment of the Public Service
Winner of high school essay contest interprets a photo portraying an economic event that occurred in the 1970s.

Guest Editorial
FDIC Reform: Use the Market to Monitor Big Banks
Chris Farrell, BusinessWeek writer and TV and radio host, discusses the need for federal deposit insurance reform.

Book Review
The Greenspan Effect: Words That Move the World's Markets

Focus on Central Banks
Central Bank of Brazil

Remembering When...
The Atlanta Fed made an emergency shipment of currency to Cuba in 1926.

Annual Report
Federal Reserve Bank of Minneapolis
1999 Financial Statements [PDF]

The Region Archive

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