Currency Exchange Bishop Stortford

Federal Reserve Bank of Atlanta Headlines
The Federal Reserve Bank of Atlanta and the other eleven Reserve banks play an important part in all three of the Fed's functions--monetary policy, bank supervision and regulation, and the operation of a narionwide payments system

Longer-term deflation probabilities about the same
17 May 2012 at 12:28am
Prices of Treasury Inflation-Protected Securities (TIPS) with similar maturity dates can be used to measure probabilities of a net decline in the consumer price index over the five-year period starting in early 2011 or the five-year period starting in early 2012. One measure of the probability of deflation for the 2012-17 period was 11 percent on May 16, the same as a week earlier. The deflation probability for the 2011- 16 period also remained at 11 percent.
Cooperating competitors? Yes, when it comes to payment standards
14 May 2012 at 12:28am
Private firms generally work together to develop payment standards through membership organizations. Portals and Rails asks: do standards increase competition in the payments industry by leveling the playing field? Or do they inherently favor the companies that most influenced their development?
Atlanta Fed Working Paper Explores Causes of the Foreclosure Crisis
14 May 2012 at 12:28am
Why did so many mortgage borrowers and investors make bad decisions? A working paper by economists Christopher Foote, Kristopher Gerardi, and Paul Willen offers two opposing narratives in response to this question. It then presents 12 facts that refutes one of them.
Econ Ed Live! Online Learning from the St. Louis Federal Reserve
11 May 2012 at 12:28am
Looking for online courses for your students? The St. Louis Federal Reserve's award-winning collection of new and improved resources will help bring economics lessons to life with online courses and more. Watch as they continue to add new online courses.
Labor force nonparticipants: So what are they doing?
11 May 2012 at 12:28am
People exit the labor force for a variety of reasons, and some of these people eventually rejoin the labor force. A new macroblog post looks at recent trends in labor force participation rates and what they might allow us to infer about the future workforce.
Signs of rebuilding in housing?
11 May 2012 at 12:28am
The recession bruised the Southeast's housing market, and it has struggled to regain its footing in the recovery. However, signs of a renewal are appearing, according to Atlanta Fed research. SouthPoint examines some recent survey feedback.
Regional manufacturing remained strong in April
10 May 2012 at 12:28am
Southeastern manufacturing continued showing momentum in April, flexing its muscle as the sector adds jobs and production. SouthPoint looks at recent indicators to place the gains in perspective.
Southeast Economy Gains Some Ground in March
10 May 2012 at 12:28am
The Southeast economy continued to make steady gains in March, according to the latest release of the Atlanta Fed's Data Digest. The monthly report points to recent improvements in labor markets and sales tax revenues, but also reports declines in manufacturing activity.
Longer-term deflation probabilities inch lower
10 May 2012 at 12:28am
The Inflation Project's deflation probability estimates are updated weekly using data on prices of Treasury Inflation-Protected Securities (TIPS) with similar maturity dates in 2017. The data estimate the probability of deflation in the Consumer Price Index.
Answer the Call...for Papers
9 May 2012 at 12:28am
The eighth Federal Reserve Community Development Research Conference will be held next April 11-12 in Washington, DC. The Fed invites paper submissions on applied and action-oriented research that will support vibrant, resilient communities. The deadline is September 15; submit your paper online.
Consumer Scam: People Should Not Use Atlanta Fed Account Numbers to Pay Bills...
9 May 2012 at 12:28am
Recently the Federal Reserve Bank of Atlanta has received some unauthorized transactions in which customers try to use the Atlanta Fed's account to pay their bills. Consumers should know that when making online or e-check bill payments, they cannot use Federal Reserve accounts.
A take on labor force participation and the unemployment rate
9 May 2012 at 12:28am
The intertwined nature of the unemployment rate and the labor force participation rate is well established. But how do fluctuations in one affect the other? A new macroblog post looks at recent data to shed some light on the statistical dynamics.
Regulating mobile: Distinguishing the payment from the channel
7 May 2012 at 12:28am
Laws, regulations, and rules for credit card, debit card, or online payments should not change even when the payment goes through the mobile channel. After all, the handset is just another device, says this week's Portals and Rails, not a payment.
Why Did So Many People Make So Many Ex Post Bad Decisions? The Causes of the ...
3 May 2012 at 12:28am
Christopher L. Foote, Kristopher S. Gerardi, and Paul S. Willen. Working Paper 2012-7 (May). The choices made by homeowners and financial institutions prior to the financial crisis didn't seem so bad at the time, but in hindsight they proved disastrous. New Atlanta Fed research looks at what led to some of these decisions and how policymakers should address them in the future.
A Look at the Economy through the Federal Reserve's Dual Mandate
3 May 2012 at 12:28am
Atlanta Fed President and CEO Dennis Lockhart discusses the current economy through the lens of monetary policy at the 2012 Santa Barbara County Economic Summit on May 3.
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