Second Quarter, Volume 19, Number 2

Vol. 19, No. 2,
Second Quarter 2006


 Guynn Notes Growth,
 Some Uncertainties

 Conference Explores
 Markets, Institutions

 Economists Propose
 Fannie, Freddie
 Portfolio Limits

 Kohn Nominated
 as Fed’s
 Vice Chairman

 Atlanta Fed 2005
 Annual Report
 Remembers Katrina

 Fed Announces
 Changes to Cash
 Inventory Services

 Agencies Issue
 Advisory About Flu

 Exploring Credit,
 Debit Cards’
 Payment Process

 Atlanta Fed to
 Maintain Presence
 in Birmingham

 Barron: Community
 Banks Face

 Fed Gov. Olson
 Addresses Importance
 of Banks

 Board Launches
 Web Site
 Geared to Kids

 New Fed Product
 Helps Mitigate
 ACH Risk

 FDIC Ups Insurance
 Limits on Some


  Data Bank

  Circular Letters



Guynn Sees Solid Economic Growth, Notes Uncertainties Ahead

Atlanta Fed President and Chief Executive Officer Jack Guynn noted the economy’s strong performance in a recent speech. He also mentioned uncertainties that could affect the outlook and monetary policy.


Conference Explores Relationship of Markets, Institutions

Roger Ferguson, then vice chairman of the Federal Reserve Board of Governors, spoke at an Atlanta Fed conference that explored the dynamics of the financial marketplace. Ferguson discussed reasons behind decades of relative U.S. economic stability.


Fed Economists Point to Financial System Risks from Housing GSEs

In a working paper, three Atlanta Fed economists examine the risks that Fannie Mae and Freddie Mac’s portfolios pose to the financial system and propose that limits on their portfolios’ size could mitigate their inherent risk.


Kohn Nominated as Fed’s Vice Chair; Warsh, Kroszner Sworn In as Governors

President Bush has nominated Federal Reserve Governor Donald Kohn to be the board’s vice chairman. Also, Kevin Warsh and Randall Kroszner are sworn in as the newest members of the Board of Governors.


2005 Atlanta Fed Annual Report Remembers the Aftermath of Katrina

The Atlanta Fed’s recently released 2005 annual report pays tribute to the dedication and heroism of the directors and staff of its New Orleans Branch and to the resilience of the people of the Gulf Coast.