"Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly."
~ Ben Bernanke

The 2008 Beige Book: Summary of Commentary on Current Economic Conditions
by Federal Reserve District

"Any investment strategy
should include knowledge of the Federal Reserve, their influence and their actions." JP"

I firmly believe that the storms that are approaching the United States economy have developed largely in part by the actions of the Federal Reserve Bank 'pumping money' into the monetary system. The credit bubble, which is the largest storm cloud on our horizon, has grown to epic proportions during the last decade." ~ Jim Puplava, July 2000

These sites have a wealth of economic information:

Fed Scorecard/The Street
FMC on Fed
FOMC
FRB Statistical Releases
FRED - Economic Data
Prime Interest Rates
The Beige Book
The Federal Reserve Act
White House Briefing
Yahoo! News on the Fed

WHAT LIES BENEATH?
TSUNAMI!
The Perfect
Financial Storm

The one lesson history teaches in the financial markets is that there will come a day unlike any other day. At this point the participants would like to say, "all bets are off", but in fact, the bets have been placed and cannot be changed. The leverage that once multiplied income will now devastate principal.” 
~ Martin Mayer, 1999

"A democratic society requires a stable and effectively functioning economy. I trust that we and our successors at the Federal Reserve will be important contributors to that end."
~ Alan Greenspan, 1996

FSO Articles of Interest
The Two Bens by Jim Puplava
Dr. Ben Bernanke Appointed Chairman of the Board
G. Edward Griffin 2006 interview on FS Newshour Transcript

04/09 Kroszner: Federal Housing Administration Housing Stabilization & Homeowernship
04/09 Bernanke: Financial Education & the National Jump$tart Coalition Survey
04/07 Fed will offer $50 billion in 28-day credit through its Term Auction Facility today
04/04 Kroszner: Global Economic and Financial Challenges: Implications for Lat. America
04/03 Bernanke: Developments in the Financial Markets
04/02 Bernanke: The Economic Outlook
04/02 Louise L. Roseman's Testimony on Internet Gambling
03/27 Kroszner: Protecting Homeowners and Sustaining Homeownership
03/27 Fed announces public meetings on the notice of Bank of America
03/16 Fed announces two initiatives designed to bolster market liquidity
03/14 Bernanke: Fostering Sustainable Homeownership
03/04 Mishkin: Outlook and Risks for the U.S. Economy
03/04 Kohn: Condition of the U.S. banking system
03/04 Bernanke: Reducing Preventable Mortgage Foreclosures
03/03 Kroszner: Liquidity-risk Management in the Business of Banking
02/27 Bernanke: Semiannual Monetary Policy Report to the Congress
02/26 Kohn: The U.S. Economy and Monetary Policy
02/25 Mishkin: Does Stabilizing Inflation Contribute to Stabilizing Economic Activity?
02/25 Kroszner: Improving Risk Management Professionals Annual Risk Convention
02/04 Kroszner: Protecting Homeowners and Sustaining Home Ownership
02/04 Fed on Monday announced the execution of a Written Agreement
01/30 Fed cuts rate by half a point, signals for more
01/30 Fed Delivers Another Rate Cut
01/30 U.S. Economy Grew at 0.6% Pace in Fourth Quarter, Dragged Down by Housing
01/30 Fed May Cut Rate to 3%, Show Willingness to Go Further If Economy Weakens
01/29 Fed May Cut Rate to Below Inflation, Risk Unleashing of New Asset Bubbles
01/25 Fed Didn't Know About SocGen Loss on Jan. 21, Official Says
01/25 The Fed plays follow the leader
01/25 Fortune: The Darker Side of Interest Rates
01/23 Wall Street bets on more rate cuts
01/23 Bernanke to Cut Rates Further, Faster as Concerns About Inflation Subside
01/22 Fed cuts 75 basis points in emergency move
01/22 Fed slashes key rate to 3.5%
01/22 Full Text of Fed's Statement on 0.75 Percentage Point Decrease in Key Rate
01/17 Bernanke: The Economic Outlook
01/11 Mishkin: Monetary Policy Flexibility, Risk Management, and Financial Disruptions
01/10 Bernanke: Financial Markets, The Economic Outlook, and Monetary Policy
12/12 Federal Reserve and other Central Banks Address Short-Term Funding Markets 
12/12 Braunstein: On The Financial Consumer Hotline Act of 2007
12/11 Fed cuts rates by a quarter point
11/30 Mishkin: On Innovation, Information, and Regulation in Financial Markets
11/29 Bernanke: National and Regional Economic Overview
11/29 Mishkin: Enhanced Communication Strategies and the Science of Monetary Policy
11/28 Kohn: Financial Markets and Central Banking
11/14 Bernanke: Federal Reserve Communications
11/14 FOMC Announces Increase in Frequency and Expansion of Content
11/08 Bernanke: Testimony / the Economic Outlook
11/06 Bernanke: Microfinance in the United States
11/06 Fed Approves Fee Schedules for Fed Reserve Bank Payment Services
11/05 Mishkin: Financial Instability and Monetary Policy
10/31 Fed Cuts Rates to 4.5%
10/31 Wall Street banks on another rate cut
10/30 Fed Rate Cut This Week Not a Sure Thing: Report
10/29 Fed Sees Many Problems, Uncertain Solutions
10/28 Fed Concern at Expectation of Rate Cut
10/26 Mishkin: Financial Instability and the Federal Reserve as a Liquidity Provider
10/25 Fed Is Considering Doubling to Four Its Economic Forecasts, Officials Say
10/20 Mishkin: Headline versus Core Inflation in the Conduct of Monetary Policy
10/19 Bernanke: Monetary Policy Under Uncertainty
10/16 Fed Banks Divided Over How Much to Cut Rates
10/15 Market Fog Hasn't Lifted: Bernanke
10/15 Bernanke: Housing Credit Woes Will Linger
10/15 Bernanke: The Recent Financial Turmoil and its Economic and Policy Consequences
10/12 Bernanke: John Taylor's Contributions to Monetary theory and Policy

July 18 Report 
Section 1: Monetary Policy and the Economic Outlook
Section 2: Economic and Financial Developments in 2007