Monetary Policy
Greenspan goes on trial for bubble complacency
ARTICLE - Alan Greenspan's reputation now lies in the balance. Which way the balance tips matters not only for him but also for the consensus on how central banks should respond to asset prices.
Reserve Bank of Australia Press Release
PRESS RELEASE - At its meeting on 1 October the RBA Board decided to leave the cash rate target unchanged at 4.75 per cent.
Reserve Bank of New Zealand Press Release
PRESS RELEASE - OCR stable at 5.75 per cent, 2 October.
Speech by Second Minister for Finance, MAS, 23 Jul
SPEECH - In the speech the Minister for Health and Second Minister for Finance said Singapore has progressively evolved away from the system of a fixed exchange rate since the Singapore dollar was floated in 1973.
Philadelphia Fed Business Outlook Survey
REPORT - Results from August's Business Outlook Survey show for the first time this year, manufacturing firms' responses from the Business Outlook Survey indicate a slight decrease in activity. Indicators of general activity, new orders, and shipments…
Chicago Fed National Activity Index, August 2002
REPORT - CFNAI indicates economy slowed in August - In August, the Chicago Fed National Activity Index (CFNAI) fell to its lowest level since December 2001, largely as a result of weakness in the production- and employment-related data. The CFNAI fell to…
Central Bank of China (Taiwan) - Annual Report 01
ANNUAL REPORT - The Central Bank of China has published its Annual Report for the year ended 2001.
Bank of Israel - Annual Report 2001
ANNUAL REPORT - The Bank of Israel has published its Annual Report for the year ended 2001.
UK Treasury Report - Andrew Large's Appointment
REPORT - UK Treasury Select Committee report on the appointment of Sir Andrew Large as a Deputy Governor of the Bank of England and Member of the Monetary Policy Committee, released 30 September. The committee concluded, 'We are satisfied that Sir Andrew…
Monetary Authority of Singapore Press Release
PRESS RELEASE - Singapore to host 2006 annual meeting of IMF and World Bank, 29 September.
Monetary Authority of Singapore Press Release
PRESS RELEASE - BCCS merges with MAS on 1 October.
HSBC set to go online in China
CHINA - HSBC on Monday became the second foreign bank after Hong Kong's Bank of East Asia to receive a licence to begin online banking in China.
Yugoslav bank chief says citizens want reforms
YUGOSLAVIA - People who brought about changes in Serbia on 5 October 2000 still have a majority in Serbia; generally, this is good news for reforms, Mladjan Dinkic, governor of the National Bank of Yugoslavia (NBJ), stated Tuesday.
Improved competitiveness needed in Africa- Mboweni
SOUTH AFRICA - Reserve Bank Governor Tito Mboweni says the world economy of the 21st century dictates that improved competitiveness is fundamental to overcoming the socio-economic problems facing Africa.
Malta's Monetary Policy Advisory Council set up
MALTA - Following the entry into force on 1 October 2002 of the amendments to the Central Bank of Malta Act, the Monetary Policy Advisory Council has been constituted under the provisions of the same Act. This Council is responsible to advise the…
Tankan poll shows economic recovery slowing
JAPAN - Japan's economic recovery slowed over the July-September period, the Tankan quarterly survey on business confidence released Tuesday by the Bank of Japan (BOJ) has shown.
Brown rebuked for slow appointment of BofE's Large
UK - Gordon Brown's failure to appoint a new deputy governor to the Bank of England before the old one left earned a rebuke Monday from a parliament inquiry.
Speech by B Gunnarsson, Bank of Iceland, 13 Sep
SPEECH - In a speech titled 'Iceland in a Global Setting' Gunnarsson said Iceland has followed the path of many countries, including the Nordic Countries, in liberalising its economy, both internally and externally. The economy has been exposed to market…
CentralBankNet Monday Special Feature
SPECIAL FEATURE - Andrew Large became the latest member of the Bank of England's Monetary Policy Committee (MPC) to be quizzed by the panel of UK politicians which make up the Treasury Committee on Monday 23 September. In today's Special Report we ask…
Speech by 2nd Minister for Finance, MAS, 23 Jul
SPEECH - In the speech the Minister for Health and Second Minister for Finance said the banking industry in Singapore has introduced new technologies to improve this cheque clearing process. He gives an example of this is the magnetic-ink character…
Reserve Bank of New Zealand Bulletin, September
REPORT - The Reserve Bank of New Zealand on Monday released the September 2002 issue of their Bulletin. This issue of the Bulletin explores aspects of the two core objectives of modern central banks - price stability and financial system stability.
Minutes of the Federal Open Market Committee
MINUTES - The Federal Reserve on 26 September released the minutes of its FOMC meeting of 13 August. All the members indicated that they could accept, and most said they preferred, a proposal to shift the Committee's assessment of the risks to the…
GCC central bank & monetary union - How realistic?
ARTICLE - The year is 2010. A young Harvard-educated Saudi, Khalid Al-Ibrahim, has just been named the first president of the new Gulf Central Bank (GCB). He is assisted by a board of directors comprising five other members, mostly former central bankers…
Cen bank of Korea, Japan, China to meet regularly
KOREA - The central bank governors of South Korea, China and Japan have agreed to hold their first regular meeting in Beijing next spring in order to enhance economic ties.