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Bini Smaghi says more data needed on growth
European Central Bank (ECB) executive board member Lorenzo Bini Smaghi said Wednesday 14 March the eurozone economy is showing signs of self-sustaining growth but the ECB still needs additional data to confirm it.
Sweden's Ingves on interest rate & monetary policy
In the speech 'The interest rate path and monetary policy' given on 14 March Stefan Ingves of the Sveriges Riksbank said the Swedish central bank rate-setters are only expecting to need to make moderate increases in the interest rate.
RBNZ's Bollard on global liquidity and New Zealand
In the speech 'Easy money: Global liquidity and its impact on New Zealand' given on 15 March Alan Bollard of the RBNZ said that the central bank is assessing alternative measures to support the official cash rate.
Norges Bank Monetary Policy Report, March 2007
Norges Bank published its First Monetary Policy Report (previously called the Inflation Report) for March 2007 on Thursday 15 March. In spite of strong growth in output and employment, inflation has not picked up so far.
Bank of England Inflation Attitudes Survey, Feb 07
The Bank of England published its February 2007 Inflation Attitudes Survey on Thursday 15 March. UK inflation expectations for the coming year remained at an elevated 2.7 pct in February, the survey found.
ECB Monthly Bulletin, March 2007
The European Central Bank published its March 2007 Monthly Bulletin on Thursday 15 March. In the report the ECB said it expects euro zone growth to moderate in the first quarter and then continue around its potential rate.
Slovakia on track for 2009 euro says IMF
Slovakia is very likely to meet euro entry criteria in time to adopt the single currency as planned in 2009, the International Monetary Fund said Tuesday 13 March.
Brazil plans to attract China's foreign reserves
The Brazilian government plans to tell the Chinese authorities that it is interested in attracting a share of China's foreign reserves, Brazilian financial newspaper, Valor Economico reported Wednesday 14 March.
Tanaka says next BOJ policy changes to take time
Japan's economy is running smoothly but it is not yet in an inflationary environment and further Bank of Japan monetary policy changes may take some time, Japan's senior vice finance minister said on Tuesday 14 March.
RBI to act on price stability says Mohan
The Reserve Bank of India will take all possible monetary measures to maintain price stability, deputy governor Rakesh Mohan said on Wednesday 14 March.
Taiwan's Perng: rates may be approaching peak
Taiwan's series of interest rate increases may be approaching a peak because of subdued inflation and slowing export growth, said Perng Fai-nan, governor of the Central Bank of the Republic of China (Taiwan) in an interview published Wednesday 14 March.
BoE's Bean reappointed to MPC
Charlie Bean, the Bank of England's chief economist, has been reappointed to the rate-setting Monetary Policy Committee for a further three year term from 1 June, the central bank confirmed Wednesday 14 March.
BIS Quarterly Review, March 2007
The Bank for International Settlements published its March 2007 Quarterly Review on Wednesday 14 March. The report said prices of risky assets rallied between end-November and late February as the outlook for economic growth appeared to improve, while…
BoC paper on world real interest rates
Over the past 15 years, long-term interest rates have declined to levels not seen since the 1970s. The Bank of Canada Working Paper "World real interest rates: A global savings and investment perspective" explores possible shifts in global savings and…
Minneapolis Fed's Stern on U.S. monetary policy
In a speech given on 9 March Gary Stern of the Federal Reserve Bank of Minneapolis said it is uncertain whether the effectiveness of U.S. monetary policy is diluted by growing global financial market integration.
Sweden's Nyberg on credit derivatives
In the speech 'Credit derivatives - risks and opportunities' given on 13 March Lars Nyberg of the Sveriges Riksbank said the advantages of credit derivatives exceed the risks for the economy.
Kato on IMF reform and exchange rate surveillance
In the speech 'IMF reform and exchange rate surveillance' given on 7 March Takatoshi Kato of the IMF said exchange rate assessments need to disentangle factors that are relevant for the medium term from those affecting short-term dynamics.
China's giant new investment agency
According to this article from BusinessWeek Online, published Tuesday 13 March, China's soon-to-be state investment arm will be a major asset-management entity globally.
Possible delays seen in GCC single currency
Gulf Arab states are still working to introduce a single currency by 2010 but this deadline has become tight and a delay is possible, Saudi Arabia's central bank governor told Reuters on Sunday 11 March.
YV Reddy appointed chairman of the BIS in Asia
The Board of Directors of the Bank for International Settlements (BIS) announced Monday 12 March Yaga V Reddy as Chairman of the BIS Asian Consultative Council (ACC).
OECD's Cotis says US recession unlikely
OECD chief economist Jean-Philippe Cotis said Tuesday 13 March he does not expect a recession in the US.
Buba's Weber not saying ECB rates are appropriate
Bundesbank president Axel Weber said Tuesday 13 March he would not describe current euro zone interest rates as "appropriate".
Serbian cb chief says inflation under control
Head of the National Bank of Serbia (NBS) Radovan Jelasic said on Sunday 11 March public spending would not cause a hike in prices.
Don't blame China for volatility says PBOC's Zhou
People's Bank of China governor Zhou Xiaochuan dismissed on Monday 12 March the idea that the country's massive foreign currency reserves were the cause of recent market volatility.