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NZ's Reserve Bank cuts cash rate by 0.5%
NEW ZEALAND - The Reserve Bank of New Zealand Wednesday 19 September cut its official cash rate by 50 basis points, to 5.25%, from 5.75%.
Speech by William Poole of the St. Louis Fed Bank
SPEECH - William Poole President, Federal Reserve Bank of St. Louis. Prepared for Panel on Promoting Economic Growth: What Monetary Policy Can And Cannot Do. National Association For Business Economics 43rd Annual Meeting, New York, New York, 10…
Bank had considered UK rate rise
UK - The Bank of England had been considering raising interest rates this month, minutes of a key meeting have revealed.
What Monetary Policy Can and Cannot Do
SPEECH - Remarks before the National Association of Business Economists, New York, NY 10 September by Anthony Santomero President of the Federal Reserve Bank of Philadelphia.
World Bank and IMF joint statement on meeting
NEWS RELEASE - World Bank Group and International Monetary Fund Will Not Hold Annual Meetings.
Australia RBA says keeps regular policy timetable
AUSTRALIA - The head of Australia's central bank said today, Tuesday 18 September, he had not seen anything in the past week that was urgent enough to warrant a rate cut between regular board meetings. The next board meeting is on October 2.
Japan relaxes monetary policy still further
JAPAN - Japan has joined the US, Europe and Canada in easing monetary policy, in an effort to see off recession and calm markets following last week's terrorist attacks.
Bank of Japan - News release
NEWS RELEASE - Change in the Guideline for Money Market Operations and Reduction in the Official Discount Rate.
Bank of England cuts interest rates 0.25%
UK - The Bank of England Tuesday 18 September said it has cut its repo rate to 4.75% from 5.0% at a special monetary policy committee meeting held Tuesday morning.
Speech by Ian Macfarlane of the RBA, 18 Sep
SPEECH - Speech by Ian Macfarlane, Governor of the Reserve Bank of Australia. Giblin Lecture, University of Tasmania / Economic Society of Australia (Tasmanian Branch) - Hobart - 18 September.
World Bank and IMF cancel talks in Washington
US - The World Bank and the International Monetary Fund announced yesterday, Monday 17 September, that they would cancel their annual meetings scheduled for Washington later this month.
Surprise rise in UK inflation rate to 2.6%
UK - UK inflation has risen much more sharply than expected in August.
US and ECB slash rates 0.5% to stabilise markets
INTEREST RATES - Monday 17 September saw both the ECB and US Federal Reserve cut interest rates by 0.5 percent. The Us move failed to stop substantial falls on the US stock market.
Philippines must pass anti-money laundering bill
PHILIPPINES - The Philippine government said today, Monday 17 September, the terrorist attacks in the U.S. make it more urgent for an anti-money laundering bill to be passed in the coming weeks to avoid the threat of international sanctions.
Takenaka: Can't prejudge what will say at BOJ meet
JAPAN - Japan Economy Minister Heizo Takenaka said Monday 17 September that he will keep an open mind as to what he will say at the Bank of Japan's two-day policy meeting, which starts tomorrow.
BoE/ Fed Rate Cut Suggests no coordinated effort
UK - The Bank of England said Monday 17 September that it does not comment on monetary policy decisions carried out by other central banks.
ECB Duisenberg: Comment on the Fed rate cut
FINLAND - European Central Bank President Wim Duisenberg said Monday 17 September that he had been informed of the U.S. Federal Reserve decision to cut interest rates by 50 basis points, but declined to comment on the ECB's own plans.
Euro 2002 Information Campaign the EURO. OUR money
SPEECH - Speech delivered by Dr. Willem F. Duisenberg, President of the European Central Bank at the conference hosted by Suomen Pankki (Bank of Finland) on 17 September 2001 in Helsinkiat the Marina Congress Centre.
The Economic Transition in Armenia
SPEECH - Speech given at the American University of Armenia by John Odling-Smee Director, European II Department, International Monetary Fund, Yerevan, 31 July.
Market fears ahead of US opening
US - Nervousness over the resumption of trading on US stock markets later on Monday has prompted further slides in global share prices.