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Central Bank of China - Annual Report 2000
ANNUAL REPORT - The Central Bank of China, Taiwan, has published its Annual Report for the year 2000.
Duma support foreign audit of Russian central bank
RUSSIA - The Duma Banking Committee has approved provisions, "On the organisation of audits of the annual financial statement of the Central Bank."
Bank of Japan warns on loosening monetary policy
JAPAN - Masaru Hayami, governor of the Bank of Japan, warned yesterday that loosening monetary policy could trigger hyperinflation, highlighting the growing gap between the Bank of Japan's thinking and that of the government and many private sector…
UK accused of being 'money launderers' paradise'
UK - Britain still offers a safe haven for terrorist money and the authorities are doing virtually nothing about it, according to a damning report by a French MP.
London remains dominant financial centre - Report
LONDON - London has retained its dominance as a global financial centre despite the introduction of the euro, according to figures published yesterday by the Bank for International Settlements.
Australia RBA Stevens cautious on monetary policy
AUSTRALIA - Reserve Bank of Australia assistant governor Glenn Stevens struck a cautious note on monetary policy in a speech given on Wednesday, indicating that the actual level of interest rates is more important than changes in rates.
Triennial Central Bank Survey - Press Release
PRESS RELEASE - Central bank survey of foreign exchange and derivatives market activity in April 2001: preliminary global data, 9 October.
General economic development and banking in Latvia
SPEECH - Speech by Einars Repse, Governor, Bank of Latvia, October 2001.
Stanley Fischer - Farewell To the Staff
SPEECH - Speech by Stanley Fischer of the International Monetary Fund at the IMF Atrium, Washington, D.C., 1 October.
Fed best at policy communication? Not necessarily
UK - If you thought the U.S. Federal Reserve was the paradigm of central bank transparency while the European Central Bank struggled to communicate policy, think again. This comes from a recent report entitled "How Do Central Banks Talk?" published by…
Speech by Glenn Stevens of the RBA
SPEECH - Speech at the Economic Society of Australia (Victorian Branch) Forecasting Conference, Melbourne, 10 October, by Glenn Stevens, Assistant Governor, Economic Group, Reserve Bank of Australia.
Fed rate cuts have hurt dollar versus euro - OECD
FRANCE - Aggressive interest rate reductions this year by the U.S. Federal Reserve were a factor in the dollar's decline against the euro during the summer, the Organization for Economic Cooperation and Development said Monday.
Japan deflation has both supply and demand causes
JAPAN - Bank of Japan Governor Masaru Hayami reiterated Tuesday 9 October that weak demand is increasingly dragging down the nation's prices but that the central bank alone can't fight deflation.
Germany plans central bank account register
GERMANY - Hans Eichel, Germany's finance minister, has unveiled an unprecedented package of measures to combat terrorist funding, including the creation of a central register of all bank accounts.
Triennial Central Bank Survey
RESEARCH - Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity 2001 published by the Bank for International Settlements, 9 October.
BSP says role in AMC creation limited
PHILIPPINES - The Bangko Sentral ng Pilipinas (BSP), the Philippine's central bank, yesterday, Monday 8 October, said its plans for creating an independent special purpose vehicle to handle banks' bad assets are limited to providing technical advice and…
Moldova bank president confirms new policy
MOLDOVA - The president of the National Bank of Moldova has confirmed a new policy concerning the consolidation of the banking system of the republic.
B of E says For Ex turnover down in last 3 years
UK - Average daily spot and forward foreign exchange transactions in London are worth $504 billion a day, down 21% from $637 billion a day in 1998, the Bank of England said Tuesday 9 October.
Rates and price goals in harmony - Hamalainen
GERMANY - European Central Bank executive board member Sirkka Hamalainen said Friday 5 October in a speech that the ECB continues to pursue a "steady-hand" monetary policy, rather than an activist one following the 11 September terrorist attacks in the U…
Bank of France printing employees continue strike
FRANCE - Employees at the Bank of France's printing plant at Chamalieres in the Puy-de-Dome department yesterday continued their strike observed since 12 September.
The Magic's Gone
RESEARCH - A hard look at the data shows that the famous NAIRU Phillips curve does no better at forecasting inflation than a simple look at the past. From 'The Region' published quarterly by the Federal Reserve Bank of Minneapolis, September 2001.
Federal Reserve Bank of Minneapolis research
RESEARCH - Are Phillips Curves Useful for Forecasting Inflation? By Andrew Atkeson and Lee E. Ohanian both professors of economics at the University of California, Los Angeles.
Speech by David Klein governor of Bank of Israel
SPEECH - Speech prepared by David Klein, Governor of the Bank of Israel for A Government Discussion, 5 August.
Speech by the governor of the Bank of Latvia
SPEECH - Einars Repse, Governor, Central Bank of Latvia, spoke at the Conference "Banking and Finance in the Baltics 2001" Riga, Latvia, 19 September.