Remarks on Economic Slowdown, Market Fallout, and the Path to Financial Recovery
July 1, 2008
Dennis P. Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta, comments on financial markets and the economy, how we got where we are, and views on the path to recovery and some prerequisites for sustained recovery.
Dollar Continued Modest Rise in June
The average monthly value for the trade-weighted dollar index of 15 major currencies tracked by the Federal Reserve Bank of Atlanta rose 0.6 percent in June from the previous month.
The Final Frontier: The Integration of Banking and Commerce Part 1: The Likely Outcome of Eliminating the Barrier
Exploring the potential effects of removing the legal barriers between banks and commercial firms, this article surveys economic theory as well as experience in other developed countries and in U.S. nonbank conglomerates.