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Australia lowers interest rates
AUSTRALIA - The Reserve Bank of Australia sliced interest rates by one-quarter percentage point on 5 September to offset weakening global economic activity and despite higher-than-forecast inflation.
Financial markets in a globalised world
SPEECH - Second Deputy Governor of the Riksbank, Sweden's central bank, Eva Srejber gave a speech to the Swedish Mutual Fund Association on 4 September.
ECB Press Conference - Questions and answers
On the occasion of the unveiling of the euro banknotes and their security features, Frankfurt. Transcript of the questions asked and the answers given by Dr. Willem F. Duisenberg, President of the ECB, and Prof. Dr. Eugenio Domingo Solans, Member of the…
Roger Ferguson at the Bank of Kansas symposium
SPEECH - Remarks by Federal Reserve Board Vice Chairman Roger Ferguson at a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 31 August.
Opening remarks at the Bank of Kansas symposium
SPEECH - Remarks by Federal Reserve Board Chairman Alan Greenspan at a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 31 August.
Speech by Stephen Nickell of the Bank of England
SPEECH - Speech by Stephen Nickell, Member of the Monetary Policy Committee of the Bank of England and Glenda Quintini, Credit Suisse First Boston, to the economics section of the British Association for the Advancement of Science, Glasgow, 4 September.
More low-value euro notes for German retailers
GERMANY - Germany may need to print more low-denomination euro banknotes sooner than expected in response to high demand from retailers, Ernst Welteke, the Bundesbank president, said yesterday, 3 September.
Bank of Japan - Quarterly Bulletin August 2001
RESEARCH - The Bank of Japan has published its latest, August 2001, Quarterly Bulletin.
NBU recommends quick euro change
UKRAINE - The National Bank of Ukraine is recommending that commercial banks quickly get rid of the national currencies of the member-countries of the European Currency Union in favour of the euro.
Banks get set for euro clearing
UK - The financial system took a significant step towards readiness for the single currency yesterday when the £300bn-a-day clearing system moved on to a euro-compatible platform.
Investigator is prepared to expose City watchdog
UK - The newly appointed independent investigator of complaints about the Financial Services Authority is happy with her powers despite being unable to force the City watchdog to pay compensation.
Sharp rise in public fears over euro price hikes
BELGIUM - Governments in the 12-nation eurozone were given a stark warning yesterday about growing public concern that January's changeover to euro notes and coins will be exploited for unfair price rises.
Japan seeks compromise on IMF assessors
JAPAN - Japan has sought to defuse a looming row with the International Monetary Fund, having previously hinted that it might block an IMF assessment of its financial system.
MPs asked to allow arrest of Ukraine bank chief
UKRAINE - Parliament has received the Ukrainian Prosecutor General's Office request for consent to arrest and prosecute the former Prime Minister Pavlo Lazarenko.
Visa expects global slowdown to weigh on card use
CHINA - The worldwide growth in sales involving Visa credit cards is expected to slow next year in line with a global economic slowdown, Visa International Chief Executive Officer Malcolm Williamson said 3 September.
Russia to convert reserves of D-marks into euros
RUSSIA - Russia's central bank will convert a small part of its foreign currency reserves into euros following Europe's transition to its new currency, bank chairman Viktor Gerashchenko said on 3 September.
Summary of the latest opinion polls on EMU
UK - Euro zone citizens are becoming more aware the euro will replace national currencies in 2002 but are also growing more concerned about possible price rises, according to a European Commission survey published on 3 September.
Argentine deposits up $257 mln to $75.09 bln
ARGENTINA - Total deposits in Argentina's banking system rose $257 million to $75.09 billion on 29 August, according to preliminary data released by the central bank.
Belgian bank to start coin-collecting soon
BELGIUM - The Belgian National Bank (BNB) and the Belgian General Commission for the euro will launch a coin-collecting operation from October 15, 2001 to November 15, 2001, during which Belgians will be able to exchange coins for euro.
ECB reform mustn't lead to large member dominance
HOLLAND - Enlargement of the European Union and the euro zone will require reform of the European Central Bank and its governing council, but this mustn't result in a dominant position for the larger euro-zone members, Dutch central bank president Nout…
ECB board members defend interest rate cut
SPAIN - European central bankers on 31 August said the ECB's decision to cut interest rates was based on receding inflationary pressures and rejected criticism the bank had waited too long to stimulate the Continent's flagging economy.
New euro notes and coins are on the move in europe
GERMANY - Finance Minister Hans Eichel told disbelieving Germans visiting his ministry on 2 September that the euro was stronger than the German mark in its relationship with other currencies.
Fed chairman talks of limits to his powers
US - Greenspan says stock market swings, home price fluctuations are making consumer behaviour less predictable.
CLASH BETWEEN GERMANY AND THE ECB
CENTRALBANKNET'S SPECIAL REPORT - In January this year, the German finance minister, Hans Eichel, underlined the government's commitment to reforming the financial sector with a proposal to create a unified financial services regulator, and in the…