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Passing this on in the spirit of information sharing that may benefit
all of us working on keeping Minneapolis the greatest big city in the
US.
Jenny Heiser
East Phillips/Ward 6
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Subject: pn-net: New Reports, Financial Markets Center web site
Date: Mon, 23 Oct 2000 10:27:24 -0400
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New from the Financial Markets Center:
PREDATORY LENDING AND THE FEDERAL RESERVE
The 1994 Home Ownership and Equity Protection Act gives the Fed expansive
power to curb abusive credit practices that target poor and working-class
communities. Fair-lending advocate Peter Skillern explains how the Fed
should use its authority and highlights from the central bank's recent HOEPA
hearings and related links provide additional details.
http://www.fmcenter.org/fmc_superpage.asp?ID=415
FLOW OF FUNDS REVIEW & ANALYSIS: Q2 2000
Households face a stress test as rising debt loads and declining stock
prices erode their net investment position -- and as liabilities soar
relative to tangible assets. Jane D'Arista sifts the data and asks how a
further drop in net worth might affect household spending and the economy.
http://www.fmcenter.org/pdf/nocover.pdf
FEDERAL RESERVE RESEARCH ROUNDUP: Q3 2000
Each year, staff and visiting scholars at the Board of Governors and 12
Reserve Banks publish hundreds of journal articles, working papers, policy
essays and other publications addressing topics that range from monetary
aggregates to school vouchers. The Q3 Roundup summarizes noteworthy Fed
research -- including reports critiquing dollarization and exploring the
effect of business cycles on employment -- and provides links to the
original Fed documents.
http://www.fmcenter.org/pdf/roundup00Q3web.pdf
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