Third Quarter, Volume 21, Number 3

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Vol. 21, No. 3,
Third Quarter 2008


Fed Chair Discusses Bolstering Financial System

Atlanta Fed Launches Blog

New Financial Markets Tool Discussed

Banks Survey Shows Ongoing Credit Crunch

Duke Sworn In as Fed Governor

Annual Report Examines Changing Regional Economy

Fed Chair Discusses Regulatory Policy

New Rule Protects Mortgage Borrowers


Did You Know?

Data Bank

Circular Letters


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Editor's Note: This publication is posted on a rolling schedule and content will be added throughout the quarter.
Updated September 29, 2008

photo of Fed Chairman Ben Bernanke Fed Chief Discusses Reducing Systemic Risk New article icon
9/29/2008 - Federal Reserve Chairman Ben Bernanke recently proposed reducing risk in the nation's financial system by strengthening the financial infrastructure and adopting a broader approach to financial supervision and regulation.

photo of Dave Altig Atlanta Fed Research Director Introduces Economics Blog New article icon
9/29/2008 - Research staff at the Atlanta Fed is now producing macroblog, an economics blog that offers commentary and observations on various economic topics of the day, including monetary policy, macroeconomic developments, financial issues, and Southeast economic trends.

photo of man viewing chart on computer screen Covered Bond Framework Discussed as New Financial Tool
8/29/2008 - Treasury and Fed officials recently talked about a relatively new approach to managing pools of loans that could play a role in easing stress in the nation's residential mortgage finance markets.

photo of people filling out paperwork Bank Survey Shows Tightening Lending Standards
8/22/2008 - The Fed's recent Senior Loan Officer Opinion Survey shows that the credit crunch affecting the U.S. economy continues as banks describe ongoing caution in making loans.
Audio icon Podcast on Bank Asset Quality, Liquidity, and Capital (MP3 10:13)

photo of Elizabeth Duke Commercial Banker Duke Becomes Newest Fed Governor
8/20/2008 - Elizabeth Duke, a career commercial banker, has joined the Fed's Board of Governors. She will have a seat on the policymaking Federal Open Market Committee.

2007 Annual Report cover Atlanta Fed 2007 Annual Report Examines Changing Southeast Economy
7/30/2008 - The Atlanta Fed's 2007 annual report examines the Southeastern economy from its agrarian roots to its evolution into a microcosm of the national economy and explores future challenges the region faces.

Fed Chairman Ben Bernanke Fed Chair Discusses Regulatory Policy
7/30/2008 - Fed Chairman Ben Bernanke recently discussed the effects of recent financial market turmoil on regulatory policy and made suggestions to remedy the turmoil.

photo of applicants and mortgage lender New Mortgage Rule Intended to Protect Consumers
7/30/2008 - The Federal Reserve has adopted a new rule, which becomes effective in October 2009, that protects consumers taking out mortgage loans. The regulation applies to a wide range of mortgages.