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Philadelphia Fed Business Outlook Survey, Apr 2007
According to the firms surveyed for the Philadelphia Fed's April 2007 Business Outlook Survey, activity in the region's manufacturing sector was basically unchanged again this month.
New DG of Ireland's central bank announced
The governor of the Central Bank of Ireland , John Hurley, Thursday 19 April announced the appointment of Tony Grimes as Director General Designate of the Central Bank and Financial Services Authority of Ireland.
Hungary's central bank appoints new spokesperson
Hungary's central bank announced on Wednesday 18 April it has appointed Judit Iglodi-Csato as the bank's spokesperson to replace Gabor Missura. the Portfolio website reported.
BoJ report sees continued moderate expansion
The Bank of Japan said in a quarterly report published Thursday 19 April that Japan's regional economies are showing signs of continued moderate expansion.
Japan's Fukui reiterates that deflation is easing
Bank of Japan governor Toshihiko Fukui told a quarterly meeting of BoJ branch managers Thursday 19 April that the Japanese economy is expanding moderately and deflationary pressure is easing.
Dutch intervention is a central banking mistake
According to this article published Thursday 19 April by The Telegraph, it is rather odd for the Dutch central bank to release a statement on the ABN Amro break-up bid.
Central Bank of Ireland, Quarterly Bulletin 2/2007
The Central Bank and Financial Services Authority of Ireland has published its Second Quarterly Bulletin for 2007. According to the Bulletin, price increases are set to continue due to the economy's dependence on imported oil and the poor performance of…
ECB's Bini Smaghi on central bank independence
In the speech 'Central bank independence: from theory to practice' given on 19 April Lorenzo Bini Smaghi of the ECB said fiscal discipline is important, and highlighted that out of control spending will undermine monetary policy.
Sweden's berg on current monetary policy
In a speech given on 18 April Svante berg of the Sveriges Riksbank said he argued for a 25 basis point rate hike at the Riksbank's last monetary policy meeting on March 29 and was against the majority decision not to change rates.
ECB Monthly Bulletin, April 2007
The European Central Bank published its April 2007 Monthly Bulletin on Thursday 19 April. In the report the ECB said monetary policy remains on the "accommodative side", with key ECB interest rates moderate and ample liquidity in the euro area.
ECB's Trichet on credit derivatives
In the speech 'Some reflections on the development of credit derivatives' given on 18 April Jean-Claude Trichet of the ECB said the credit derivatives industry may have become complacent over market dangers, and called for greater transparency and…
Yogesh Anand leaving the RBNZ for the BIS
Reserve Bank of New Zealand Chief Information Officer Yogesh Anand is leaving the Bank to take up the role of Head of Information Technology Services for the Bank for International Settlements (BIS) in Basel, Switzerland, the RBNZ said Thursday 19 April.
EU warns over ABN Amro interference
The European Commission warned the Netherlands Thursday 19 April against meddling in any takeover bid for Dutch bank ABN Amro.
Are central bankers powerless?
This article from MoneyWeek, published Monday 16 April, asks whether central bank activity is doomed to failure.
Tarisa says BOT to lower rates
Bank of Thailand governor Tarisa Watanagase said in an interview with the Wall Street Journal that the BoT will cut rates further to stimulate economic growth.
Minutes show 7-2 vote to hold UK rates
Bank of England Monetary Policy Committee members voted 7- 2 to keep interest rates unchanged for a third month in April, with Timothy Besley and Andrew Sentance in favor of a quarter- point increase, minutes published Wednesday 18 April.
ECB report says bank risk low
The European Central Bank said in a report on Wednesday 18 April that bank balance sheets are strong and they are well protected against risks from booming lending for private equity buy-out deals in the European Union.
ECB's Mersch says US slowdown threat muted
European Central Bank governing council member Yves Mersch was reported on Monday 16 April as saying that the eurozone would be affected little by a further slowdown in the US economy.
Interview with ECB's Guy Quaden
European Central Bank council member Guy Quaden said in an interview published Monday 16 April, an increase in eurozone interest rates in the coming months is likely.
NY Fed's Geithner on global economic integration
In the speech 'Global economic integration: The opportunities and the challenges' given on 17 April Timothy Geithner of the Federal Reserve Bank of New York said economic integration among countries is essential for boosting growth, while protectionism…
Plosser on price stability and social welfare
In the speech 'Price stability and social welfare' given on 16 April Charles Plosser of the Federal Reserve Bank of Philadelphia said although the Fed is much more transparent than at any time in its history, it is arguably less transparent than a number…
Trichet on the euro and the dollar
In closing remarks at 'The euro and the dollar: pillars in global finance' conference given on 17 April Jean-Claude Trichet of the ECB said a number of indicators point to increasing cross-border banking activities in the euro area, such as the growing…
Fundanga on payment system developments
In the speech 'Payment system developments in the region' given on 2 April Caleb Fundanga of the Bank of Zambia said effective payment system oversight needs to be promoted so that public confidence in the safety and soundness of the national payment…
Central bank autonomy: Lessons from global trends
The IMF Working Paper "Central bank autonomy: Lessons from global trends" calculates indexes of central bank autonomy (CBA) for 163 central banks as of end-2003, and comparable indexes for a subgroup of 68 central banks as of the end of the 1980s.