Statements and Speeches of Thomas C. Melzer

1985

• July 25, 1985 - Remarks before the Mark Twain Banks Joint Board of Directors' Meeting (593.7K)
  Held in St. Louis, Missouri on July 25, 1985 at Racquet Club East.

• September 10, 1985 - Monetary policy and the farm problem (701.9K)
  Speech given before the Kentucky Bankers Association Convention, Louisville, Kentucky.

• September 20, 1985 - Policy making and position taking - A comparison (648.7K)
  Speech given in St. Louis, Missouri, before the Treasury Division of the Association of American Railroads.

• September 25, 1985 - The repo market - A former participant's perspective (639.6K)
  Remarks given during an educational seminar on repurchase agreements held in St. Louis, Missouri on September 25 and Little Rock, Arkansas on September 26, 1985.

• October 14, 1985 - The shifting focus of monetary policy (621.6K)
  Luncheon held for the Harry J. Loman Foundation members of the Society of Chartered Property & Casualty Underwriters (CPCU) at the Marriot Pavilion Hotel in St. Louis, Missouri.

• October 26, 1985 - Notes for Finance 741: Financial Markets (803.3K)
  Notes for Washington University Executive MBA Program Lecture for Finance 741: Financial Markets, St. Louis, Missouri

• November 7, 1985 - Policy making and position taking - A comparison (655.7K)
  Speech delivered before the Centerre Bank Financial Forum Bogey Club, St. Louis, Missouri

• November 15, 1985 - Economic policy and international business (714.1K)
  Speech delivered at the St. Louis University International Business Conference

• November 19, 1985 - The shifting focus of monetary policy (623.4K)
  Harvard Business School Club of St. Louis Luncheon held at the St. Louis Club.

• December 3, 1985 - The dollar, international trade, and monetary policy (642.3K)
  Remarks before the AAIM corporate Planning Executive Roundtable held at University Club Towers in St. Louis, Missouri.

1986

• January 8, 1986 - 1986: What we know, what we don't know, and what we know ain't so (643.8K)
  Remarks to the St. Louis Society of Financial Analysts held at the Missouri Athletic Club

• March 11, 1986 - Are there risks to reducing bank risks? (679.2K)
  Remarks to the St. Louis Chapter of the Robert Morris Associates at the Missouri Athletic Club, St. Louis, Missouri.

• April 22, 1986 - Monetary policy and the decline in oil prices (621.9K)
  Speech delivered at the Commerce Bank of St. Louis Breakfast Forum

• May 5, 1986 - New instruments - New risks (501.7K)
  Introductory remarks for the Innovation and Structural Changes in Financial Markets Conference held at the Federal Reserve Bank of New York.

• May 22, 1986 - The advantages of fixed exchange rate systems: Old myths and new realities (684.2K)
  Remarks before the Joint Meeting of the Bank Management Association and the St. Louis Chapter of the American Institute of Banking Dinner held at the Sunset Country Club in St Louis, Missouri

• October 9, 1986 - The monetary policy dilemma: Short-run band aids vs. long-run cures (653.3K)
  Remarks before the Institute of Banking and Financial Markets, Washington University Financial Executive Series

• October 22, 1986 - Remarks about William McChesney Martin, Jr. and the Federal Reserve System (568.2K)
  Remarks given during an award ceremony honoring William McChesney Martin, Jr., held at Country Day School in St. Louis, Missouri

1987

• February 17, 1987 - Why not zero interest rates? (652.1K)
  Remarks before the Home Builders Association of Greater St. Louis luncheon held at the Airport Marriott Hotel

• March 18, 1987 - Problems and prospects for monetary policy (675.2K)
  Lecture delivered to the City University Business School Centre for Banking and International Finance, London, England

• April 1, 1987 - Comments: "Major trends in the U.S. financial system: Implications and issues" (533.8K)
  Comments delivered at the Federal Reserve System Management Conference on a paper by Robert T. Parry, "Major trends in the U.S. financial system: Implications and issues." Robert T. Parry served as the of the Federal Reserve Bank of San Francisco from 1986 until retirement in June 2004.

• August 11, 1987 - Remarks (544.2K)
  Remarks on behalf of a Federal Reserve Panel before the National Trust School of Northwestern University in Evanston, Illinois.

• October 15, 1987 - Desperately seeking targets - the monetary policy dilemma (639.1K)
  Remarks before the Little Rock Downtown Rotary Club

• November 10, 1987 - Remarks about the economy and monetary policy (541.7K)
  Notes for Remarks presented at the Outlook Meeting, Lawrence H. Meyers and Associates, Ltd., St. Louis, Missouri

1988

• January 13, 1988 - External pressures on monetary policymaking (627.9K)
  Remarks for January 13, 1988 luncheon meeting with the Greater St. Louis Savings and Loan League held at the University Club, St. Louis, Missouri. This same speech was delivered before the Centerre Corporation's Quarterly Joint Advisory Board meeting for all branch boards on January 20, 1988.

• February 18, 1988 - Payment system risk (824.3K)
  Outline of talk entitled "Payments System Risk" before the St. Louis Cash Management Association, Centerre Bank. St. Louis, Missouri

• March 2, 1988 - Saving: 'Foreign' behavior for the U.S.? (611.8K)
  Remarks given at the 1988 Kickoff Breakfast for the Greater St. Louis U.S. Savings Bonds Drive held at the Old Warson Country Club, St. Louis, Missouri. See identically titled talk delivered April 7, 1988, as well as September 14, 1988, for similar content.

• March 7, 1988 - The October crash: Examining the flotsam (645.8K)
  Remarks before a luncheon meeting of the Estate Planning Council of St. Louis, held at the Missouri Athletic Club, St. Louis, Missouri.

• April 7, 1988 - Saving: 'Foreign' Behavior for the U.S.? (612.3K)
  Remarks before a luncheon meeting with business leaders from El Dorado, Arkansas. See identically titled talk delivered March 2, 1988, as well as September 14, 1988, for similar content.

• May 16, 1988 - Monetary policy: Rules versus discretion (708.2K)
  Remarks delivered before the Arkansas Bankers Association Convention, Hot Springs, Arkansas. See identically titled talk delivered May 19, 1988, for similar content.

• May 19, 1988 - Monetary policy: Rules verus discretion (716.0K)
  Remarks delivered before the Federal Home Loan Bank of Des Moines Annual Stockholders' Meeting, Des Moines, Iowa. See identically titled talk delivered May 16, 1988, for similar content.

• September 6, 1988 - Monetary policy: A case for rules (684.3K)
  Remarks before the Rotary Club of Memphis, Tennessee. See identically titled speech delivered October 4, 1988 for similar material.

• September 14, 1988 - Saving: 'Foreign' behavior for the U.S.? (635.2K)
  Remarks before the Rotary Club of Paducah, Kentucky. See identically titled talk delivered March 2, 1988, as well as April 7, 1988, for similar content.

• October 4, 1988 - Monetary policy: A case for rules (687.0K)
  Address before the Mississippi Bankers Association Senior Credit Seminar, Jackson, Mississippi

• December 6, 1988 - True facts and false perceptions about federal deficits (662.9K)
  Remarks delivered before the Rotary Club of Springfield, Missouri

1989

• January 5, 1989 - External adjustment: Implications for the economic outlook and monetary policy in 1989 (663.4K)
  Address before the Downtown Rotary Club of Louisville, Kentucky

• February 23, 1989 - True facts and false perceptions about federal deficits (660.7K)
  Co-sponsored by First Commercial Bank, N.A. and University of Arkansas, Little Rock

• April 26, 1989 - U.S. competitiveness and monetary policy (652.9K)
  Sponsored by Boone County National Bank, Columbia, Missouri

• May 18, 1989 - 75th Anniversary Lobby Ceremony - Federal Reserve Bank of St. Louis (543.9K)
  Remarks given for the Federal Reserve Bank of St. Louis 75th Anniversary Lobby Ceremony

• May 23, 1989 - The Reagan Budget Experience: Lessons for the future (618.1K)
  Remarks given during the Deloitte, Haskins & Sells' Annual Management Conference for Financial Institutions, St. Louis, Missouri

• September 7, 1989 - U.S. competitiveness and monetary policy (641.4K)
  Remarks before the Downtown Kiwanis Club, Evansville, Indiana. See identically titled talk delivered April 26, and September 20, 1989, for similar content.

• September 20, 1989 - U.S. competitiveness and monetary policy (612.9K)
  Remarks before the Rotary Club of Jackson, Jackson, Tennessee. See identically titled talk delivered April 26, and September 7, 1989, for similar content.

• November 8, 1989 - The making of a 'maverick' monetary policymaker (711.2K)
  1989 Newcomen Society of the U.S. Dinner meeting honoring Federal Reserve Bank of St. Louis on the occasion of its 75th anniversary year, held at the Bellerive Country Club

• December 5, 1989 - The economy in 1990 and beyond: How far ahead can we really see? (645.6K)
  Remarks: The Northeast Mississippi Economic Symposium, Tupelo, Mississippi

1990

• April 23, 1990 - 1990s off to a very strange start (787.8K)
  Notes and accompanying charts for speech before the St. Louis Round Table Club Meeting (Noonday Club)

• June 7, 1990 - Has the Fed lost its influence? (713.7K)
  Remarks before the National Housing Roundtable Quarterly Board Meeting, St. Louis, Missouri

• June 27, 1990 - Deposit insurance reform: Some overlooked issues (678.2K)
  Remarks for Day with the Bank Commissioner, held in Little Rock, Arkansas

• September 25, 1990 - Has the Fed lost its influence? (739.2K)
  Seminar given at Western Kentucky University, Bowling Green, Kentucky. See identically titled talk delivered June 7, 1990, for similar content.

• October 29, 1990 - Deposit insurance reform: Some overlooked issues (669.6K)
  Remarks given to the Banking Law Seminar sponsored by the University of Missouri- Kansas City School of Law. See identically titled talk delivered June 27, 1990, for similar content.

• November 29, 1990 - Economic outlook - Southeast U.S. and the nation (650.1K)
  Keynote address for the Economic Outlook Conference held at Union University in Jackson, Tennessee

• December 12, 1990 - The inflation rate or the exchange rate: What's a monetary policymaker to choose? (637.2K)
  Remarks: Economic Forecast Town Hall Forum, sponsored by the Regional Commerce and Growth Association (RCGA) and Washington University John M. Olin School of Business Executive MBA Alumni Association, St. Louis, Missouri

• December 12, 1990 - How should monetary policy respond to fiscal restraint? (628.0K)
  Remarks before the Paducah Rotary Club, Paducah, Kentucky

1991

• January 3, 1991 - Is the Fed losing its influence? (730.3K)
  Remarks before the Southeast Rotary Club of Springfield, Missouri. Identically titled speech with similar content was delivered on November 21, 1990. See also "Has the Fed lost its influence?" delivered June 7, 1990, & September 25, 1990.

• March 20, 1991 - Economic forecasts and monetary policymaking (535.1K)
  Notes for remarks to Mercantile Bank Chairman's Forum held at the Bogey Club, St. Louis, Missouri

• May 13, 1991 - Prompt corrective action proposals (847.7K)
  Notes on remarks for the Regulator's Panel of the Arkansas Bankers Association Convention held in Hot Springs, Arkansas

• May 21, 1991 - What's ahead - Economic and financial markets outlook (619.5K)
  Remarks delivered during the Association for Investment Management and Research Annual Conference, St. Louis, Missouri

• September 4, 1991 - Has the Fed ignored the credit crunch? (707.9K)
  Remarks for the First Wednesday Lunch & Lecture series, St. Louis Mercantile Library Association

• October 9, 1991 - Can the yield curve be used to indicate the stance of monetary policy? (665.2K)
  Remarks before the Greater St. Louis Savings & Loan League, University Club, St. Louis, Missouri

1992

• January 21, 1992 - Monetary policymaking: Are we making it more difficult than it ought to be? (555.1K)
  Notes for speeches of similar content delivered through out 1992:
  January 21: Evansville Rotary Club, Evansville, Indiana
  January 30: AAIM Management Association Breakfast Meeting
  February 20: Kentuckiana Chapter of the Bank Administration Institute, Louisville, Kentucky
  March 20: Executive MBA Distinguished Speaker Series, Washington University, St. Louis
  May 28: FDIC Memphis Regional Training Conference, St. Louis
  September 15: The Old Guard of Summit Brayton School, New Jersey
  November 24: Clayton Rotary Club, St. Louis
  December 4: Seminar, College of Business Administration, University of Arkansas, Fayetteville

• May 28, 1992 - The shrinking current account deficit: A closer look (636.3K)
  Remarks during a luncheon meeting of the St. Louis Society of Financial Analysts held at the Missouri Athletic Club, St. Louis, Missouri

• June 4, 1992 - From maverick to mainstream: The evolution of monetarist thought in monetary policymaking (668.0K)
  Remarks during the Accountant's Roundtable semi-annual luncheon meeting sponsored by University of Missouri- St. Louis School of Business Administration and Alumni Association

• December 4, 1992 - The role of the regional federal reserve banks (746.7K)
  Seminar presentation before the College of Business Administration, University of Arkansas, Fayetteville

1993

• January 19, 1993 - Monetary policymaking: Is it more complicated than it ought to be? (572.3K)
  Notes for a speech delivered to the Memphis Chapter of the Financial Executive Institute dinner meeting held at the Raquet Club, Memphis, Tennessee

• March 10, 1993 - Economic conditions in the Eighth District and views on monetary policy (974.1K)
  Testimony before the Committee on Banking, Housing and Urban Affairs, United States Senate. Published as part of The Federal Reserve Presidents' Views on Monetary Policy and Economic Conditions: Hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Third Congress, first session. Senate Hearing No. 103-98.

• May 26, 1993 - Monetary policy - theory and practice (647.8K)
  Remarks before the St. Louis Gateway Chapter, National Association of Business Economists (NABE), St. Louis, Missouri

• August 4, 1993 - The role of the regional reserve banks (686.4K)
  Remarks before the Rotary Club of Paducah, Kentucky

• October 19, 1993 - Prompt public disclosure of Open Market Committee Meetings (510.0K)
  Testimony before the Committee on Banking, Finance & Urban Affairs, United States House of Representatives

• October 29, 1993 - Role of central banks in maintaining financial stability (638.5K)
  Comments on "Monetary policy rules and financial stability" by Bennett T. McCallum for the Bank of Japan's Sixth International Conference held in Tokyo

1994

• January 24, 1994 - Current issues relating to monetary policymaking (590.5K)
  Notes for Stifel, Nicolaus & Co., Inc. Board Meeting, St. Louis, MO

• February 22, 1994 - How the Fed promotes economic growth (655.4K)
  Remarks before the Springfield Rotary Club, Springfield, Missouri

• April 9, 1994 - How the Fed promotes economic growth (728.3K)
  Remarks given during the Money Talks Symposium, the annual meeting of the Kentucky and Indiana Chapter of the International Association of Financial Planners (IAFP) held in Louisville, Kentucky. An identically titled speech with similar content was delivered on February 22, 1994.

• May 20, 1994 - Central banking and banking supervision: Should they be separate? (706.6K)
  Remarks given before the Arkansas Bankers Association Annual Convention, Hot Springs, Arkansas

• June 17, 1994 - Why have long term interest rates risen? (700.7K)
  Remarks during the Southeast Missouri University Foundation's Copper Dome dinner, Cape Girardeau, Missouri

• October 26, 1994 - Inflation, growth, and monetary policy credibility (719.9K)
  Remarks given during the Commerce Bank Annual Economic Breakfast, St. Louis, Missouri.

• November 17, 1994 - Is the Fed too concerned about inflation? (701.2K)
  Remarks before the Louisville Rotary Club, Louisville, Kentucky

• November 29, 1994 - The Fed's community affairs role (634.9K)
  Remarks during the Neighborhood Housing Services of St. Louis, Inc. held at the Missouri Botanical Garden

1995

• January 11, 1995 - How can the Fed influence interest rates and sustain growth? (681.3K)
  Remarks before the Homebuilders Association of Greater St. Louis Annual Economic Forecast meeting, St. Louis, Missouri

• February 16, 1995 - The role of the regional federal reserve banks (716.4K)
  Remarks before the Rotary Club of St. Louis, held at the Missouri Athletic Club

• March 1, 1995 - How Can the Fed Influence Interest Rates and Sustain Growth? (696.8K)
  Remarks before the Rotary Club of Paducah, Kentucky. See identically titled speech given January 11, 1995 for similar content.

• March 7, 1995 - The role of the regional federal reserve banks in fostering economic renewal (623.1K)
  Remarks for the Rural America Conference, Memphis, Tennessee

• March 15, 1995 - Price stability: There is no better goal for monetary policy (733.1K)
  Remarks before the St. Louis Gateway Chapter of the National Association of Business Economists (NABE)

• October 16, 1995 - The evolving U.S. payments system: A central banker's viewpoint (952.8K)
  Remarks given for the National Payments System Bank Administration Institute Foundation Symposium, Washington, D.C.

• October 31, 1995 - Should fiscal politics corner monetary policy? (753.9K)
  Remarks for the Dean's Breakfast Series, St. Louis University School of Business and Administration

• December 12, 1995 - The inflation outlook: Could it be better? (783.4K)

1996

• March 8, 1996 - Price stability: An attainable goal for monetary policy (757.1K)
  Remarks given during the Missouri Valley Economic Association Annual Meeting in Memphis, Tennessee

• March 29, 1996 - Opening Remarks (525.3K)
  Opening remarks before the symposium on The Revised St. Louis Monetary Base: New Measures in Old Theories

• April 16, 1996 - The Federal Reserve's view of the payments system in the 21st century (685.8K)
  Remarks for the NACHA's Payments 96 Conference, San Francisco, California

• April 30, 1996 - Three percent inflation is not price stability (697.9K)
  Remarks before the Jonesboro Rotary Club, Arkansas

• June 27, 1996 - The FOMC (1.0M)
  Slides for a presentation as part of Making sense of Money and Banking, a course for teachers sponsored by the Federal Reserve Bank of St. Louis

• August 14, 1996 - Monetary policymaking: Myth versus reality (1.2M)
  Slides for speech before the Graduate School of Banking at the University of Wisconsin, Madiso (Aug. 14) as well as for The Doe Run Company 1996 Customer Conference, St. Louis, Missouri (Sept. 30)

• September 19, 1996 - Public policy considerations in view of the payments system as a network (742.4K)
  Remarks and slides for Treasury Department conference on the payment system. This speech was never delivered.

• October 3, 1996 - Getting inflation risk out of interest rates (702.6K)
  Remarks before the St. Louis Society of Financial Analysts

• October 30, 1996 - Should the Fed 'Go for Growth?' (755.8K)
  Remarks before the National Bank of Commerce of Mississippi Annual Issues Forum, Starksville, Mississippi

1997

• January 24, 1997 - How should the central bank participate in the nation's payment system? (1.1M)
  Remarks given during the Fed Presidents Colloquium held at the University of Missouri - St. Louis

• February 27, 1997 - Stable prices: A recipe for growth (1.3M)
  Remarks for "Professional Day" held at Henderson State University, Arkadelphia, Arkansas

• April 25, 1997 - Electronic money, inflation, and the role of the Fed in the payments system (1.4M)
  Remarks for seminar sponsored by Murray State University, "Banking & the Internet"

• June 4, 1997 - A credible monetary policy sustains growth (1.4M)
  Remarks before the State Bank Department annual meeting in conjunction with the Arkansas Bankers Association's Directors Conference, Hot Springs, Arkansas

• October 7, 1997 - Would lower inflation reduce growth? (1.5M)
  Remarks before the St. Louis University School of Business and Administration Dean's Breakfast Series

• October 28, 1997 - Price stability policies for growth (1.3M)
  Remarks delivered for the University of Tennessee "Professor for a Day" program, Martin, Tennessee

1998

• January 21, 1998 - Comments on the role and structure of the Federal Reserve (868.1K)
  Final statement for audio press conference including eight reporters from the St. Louis Post Dispatch, Bloomberg, Washington Post, Reuters, Dow Jones, Bridge News,and Market News Service.