Federal Reserve Bank of Kansas City

Thomas M. Hoenig, President, Federal Reserve Bank of Kansas City

Speeches by President Thomas M. Hoenig: Central Banks: Changing Markets - Changing Mandates (September 1, 2008)

Challenging Times for the U.S. Economy (July 16, 2008)

Perspectives on the Recent Financial Turmoil (March 5, 2008)

Recent Speeches

Biographies

Economic News
	Agricultural Credit Survey
	Beige Book
	FOMC Announcements
	Interest Rates
	Manufacturing Survey
	Subprime Loan Reports

Ben S. Bernanke, Chairman Offsite Link

Ben S. Bernanke, Chairman, Board of Governors of the Federal Reserve System

Speech by Chairman Ben S. Bernanke,
Current Economic and Financial Conditions, at the National Association for Business Economics 50th Annual Meeting, Washington, D.C. October 7, 2008

FOMC Action
The Federal Open Market Committee has decided to lower its target for the federal funds rate 50 basis points to 1-1/2 percent. The Committee took this action in light of evidence pointing to a weakening of economic activity and a reduction in inflationary pressures. (October 8, 2008)

Interest on Reserves
The Federal Reserve Board on Monday announced that it will begin to pay interest on depository institutions' required and excess reserve balances. For more information, see the Board's press release. (October 7, 2008)

Federal Reserve announces results of auction of $150 billion in 85-day credit held on October 6, 2008
Additional information about the Term Auction Facility. (October 7, 2008)

Are Energy Prices Threatening the Farm Boom?
	While farm incomes are expected to reach their highest levels in over three decades and profits are soaring, energy prices continue to march higher. The latest issue of The Main Street Economist explores whether soaring energy prices threaten to slow the booming farm economy. (October 3, 2008)

Test Your Access to the Discount Window for Contingency or Liquidity Purposes
Institutions are encouraged to periodically test their ability to borrow at the Discount Window to ensure there are no unexpected impediments or complications. (October 2, 2008)

Third Quarter Economic Review

The latest edition of the Bank's quarterly Economic Review includes articles exploring private sector forecasts of monetary policy actions, the potential of smart cards to provide strong payment authorization, how portfolio composition influences the growth and stability of state tax revenues, and how today's commercial real estate market compares to the 1980s and early 1990s. (September 29, 2008)

Is Your Bank Account Safe?
Read President Tom Hoenig's message in the Fall 2008 edition of TEN magazine. TEN is made up of feature stories that highlight Bank research and practices through the experiences of everyday people from around the Tenth District, ranging from a husband-wife farming duo in Oklahoma to a coffee roasting entrepreneur in Kansas City. (September 26, 2008)

Maintaining Stability in a Changing Financial System
	Papers presented at the Federal Reserve Bank of Kansas City's economic policy symposium, "Maintaining Stability in a Changing Financial System," held Aug. 21 - 23 in Jackson Hole, Wyo., are now available.

The Money Museum
	The Federal Reserve Bank of Kansas City's Money Museum is an interactive experience that explores the economy and the role of the Federal Reserve. Special tours and programs are available for groups and classrooms. More information is available at the museum's website. Tours of the Bank's Denver Branch are also available.

Foreclosure Resource Center
	The Federal Reserve Bank of Kansas City has collected a number of resources on foreclosures. These resources include research on regional trends, information on local foreclosure rates and links to consumer and community organizations involved in mitigation efforts.