"The turmoil in credit markets underscores some important principles for bank risk management.... With renewed attention to these principles and the restoration of strong incentives for sound risk management, institutions should be able to overcome the difficulties we have seen in the recent application of the originate-to-distribute model and begin to use it successfully again."
The latest issue of Staff Papers summarizes papers on core inflation presented at the May 2007 conference "Price Measurement for Monetary Policy," organized by the Dallas Fed and the Federal Reserve Bank of Cleveland.
Opportunity Knocks: Selling Our Services to the World—Americans can maintain good jobs and high living standards by exporting their services to the world, according to the Federal Reserve Bank of Dallas' 2007 annual report essay.
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