Speeches and Other Commentary
2010
- 12.02.10
- The Recovery and Monetary Policy
- In a speech at Oberlin College, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto described the issues the Federal Reserve considers when making monetary policy decisions. She also gave her outlook on the economy and discussed why she decided that purchasing additional Treasury securities was the right course of action for the Federal Reserve.
- 11.18.10
- President Pianalto Speech: "My Perspective on Current Monetary Policy"
- In a speech at Case Western Reserve University, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed how the recovery is unfolding, focusing on the stubborn nature of high unemployment and her concern about our uncomfortably low rate of inflation. She also explained why she supported the Fed's decision to purchase additional Treasury securities.
- 09.30.10
- Remarks to the Women’s Economic Round Table
- Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto participated in a panel discussion on "Vital Economic Issues Confronting the New Congress" sponsored by the Women’s Economic Round Table in New York City. Read her opening remarks.
- 09.11.10
- Regulatory Reform: The New Face of Bank Regulation
- In a speech to Ohio and Illinois bankers, Federal Reserve Bank of Cleveland President Sandra Pianalto discusses the regulatory reform process and explains why it is important for the regulatory framework to distinguish between firms that pose significant risk to the financial system and those that do not.
- 09.02.10
- President Pianalto offers a Fourth District perspective on REO
- In a speech at the REO and Vacant Property Strategies for Neighborhood Stabilization Summit, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed the weak housing market in her region and some of the ideas that have emerged from the Bank?s research and outreach efforts related to the housing crisis. She concluded by describing a new proposal to use the Community Reinvestment Act?s flexibility to channel more resources to REO disposition.
- 09.02.10
- President Pianalto offers a Fourth District perspective on REO
- In a speech at the REO and Vacant Property Strategies for Neighborhood Stabilization Summit, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed the weak housing market in her region and some of the ideas that have emerged from the Bank?s research and outreach efforts related to the housing crisis. She concluded by describing a new proposal to use the Community Reinvestment Act?s flexibility to channel more resources to REO disposition.
- 05.24.10
- President Pianalto addresses Ohio Northern graduating class
- Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto addressed the graduating class at Ohio Northern University on Sunday, May 23.
- 05.18.10
- President Pianalto discusses "Forecasting in Uncertain Times"
- In a speech to the Economic Club of Pittsburgh, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed why and how the Bank develops its economic forecasts and why the role of judgment becomes paramount for forecasting during uncertain times such as these. She concluded the speech with her current economic outlook.
- 04.14.10
- President Pianalto shares her views on regulatory reform
- In a speech at the Minsky Conference on the State of the U.S. and World Economies, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed consolidated supervision, an important, but sometimes overlooked, aspect of regulatory reform. She also described the criteria that she thinks should be used to define systemically important institutions and discussed a framework for ensuring financial firms are effectively supervised based on the risk they pose to the financial system. She concluded with an explanation of why it is vitally important for the Federal Reserve to remain significantly involved in the supervision of banking firms of all sizes.
- 03.25.10
- President Pianalto shares her economic outlook
- In a speech to business leaders in Fort Myers, Florida, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto shared her economic outlook and discussed some significant headwinds that she expects will limit the rate of growth in the US for the next couple of years. She also discussed how the Federal Reserve is conducting monetary policy to help navigate through these challenging times.
- 02.25.10
- President Pianalto Says Small Business Key to Economic Recovery
- Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto told those attending her speech to the Dayton Chamber of Commerce that a healthy small business sector is critical to the nation's economic recovery. In her remarks, she also discussed the challenges small businesses face in getting loans, unemployment, inflation, unwinding the Fed's balance sheet, and why the country's economic recovery "doesn't really feel much like one."