Talking Points

"There appears to be broad agreement on the need for reforms in how we deal with the possible failure of systemically important financial institutions, what people often call the too-big-to-fail problem." —Chicago Fed President Charles Evans in a July 1 speech.

The Economy

CFMMI
–3.1% in May.

CFNAI
–2.30 in May.

Farmland Values
+2% in 1Q '09 over 1Q '08.

'Beige Book'
Midwest Economic Activity Weakened in April and May. offsite link

Michigan Retail Index
–6.6 for sales outlook
+2.4 for sales performance offsite link

Latest News

July 04, 2009

Should Federal Government Bail Out the States?
Chicago Fed Letter examines the federal government's role in helping states in past recessions.

Midwest Manufacturing Output Declined in May
The Chicago Fed Midwest Manufacturing Index (CFMMI) declined 3.1%.

May Economic Activity Still Weak
The Chicago Fed National Activity Index (CFNAI) was –2.30.

Fuel Efficiency Challenges in the Auto Industry offsite link

In a blog posting, Thomas Klier addresses the auto industry's challenges in meeting stricter fuel efficiency standards.

Where Will the Money Come From?
In Chicago Fed Letter, economist Richard Mattoon examines key fiscal issues facing state and local governments.

What are the Risks for Financial Institutions?
Chicago Fed Letter examines how the rapidly shifting financial and economic environment is changing the way risk is managed.

Chicago Fed Symposium Economic Outlook for 2009 and 2010
Solid economic growth expected in 2010, according to Chicago Fed Automotive Outlook Symposium participants.

What's the State of Our Interstates?
In Chicago Fed Letter, economist Jeffrey Campbell measures the condition of our interstate highway system.

Upcoming Events

Financial Literacy, Financial Education and the Federal Reserve: Strategies for Success
September 11, 2009

International Banking Conference
September 24-25, 2009

Fifth Annual Community Bankers Symposium
November 6, 2009

In The Federal Reserve System

Districts and Banks

Financial Services

File a Consumer Complaint About a Bank

Discount Window

Board of Governors

Also on This Site

Services for Financial Institutions

Foreclosure Resource Center