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Phil Fed's Santomero on the U.S. economy
In the speech 'The U.S. economy: How fast can we grow?' given on 23 February Anthony Santomero of the Federal Reserve Bank of Philadelphia said the U.S. economy's long-run potential growth rate is about 3.0 percent, which is consistent with the Fed…
Qatar Central Bank - Annual Report 2004
According to the Qatar Central Bank's Annual Report 2004, GDP increased by 20% in 2004 and reached a new record of QR 103.56 billion.
EurAsEC central bankers meet in Belarus
The XIVth session of EurAsEC Council of the heads of central banks was held in Minsk on Monday 27 February.
IMF likely to raise Japan growth forecast
The International Monetary Fund will likely revise its forecast of 2.0 percent growth for Japan in 2006 "significantly" upwards, a senior IMF official said on Tuesday 28 February.
Comment: The ECB's 'structural flaw'
In a lecture at the London School of Economics this week, Charles Goodhart suggested that the criticism directed towards the ECB by politicians, is the result of a "structural flaw" in the way the central bank's inflation objective was defined.
Botswana to introduce formal inflation target
Botswana's central bank has introduced a formal inflation target of 3% - 6% for the coming three years, according to a statement released by the bank.
BoEs Bean warns of energy cost risks
British businesses and consumers face the real risk of another spike up in energy costs, the Bank of England's chief economist was reported as saying.
Japan's economy minister rejects target idea
Japan's economy minister rejected the idea of inflation targets on Tuesday 28 February , calling on the Bank of Japan to instead adopt a flexible approach.
PBOC official sees slow dollar reserves shift
The director of the People's Bank of China's research department said on Tuesday 28 February that although China is moving toward diversifying its reserves, anyone thinking the change would be quick was misunderstanding the process.
Bundesbank fights to shine in ECB's shadow
Germany's Bundesbank is battling to redefine its role in the new eurozone monetary order headed by the European Central Bank, according to this article published Friday.
Bush's Board
George W. Bush is only the third president to appoint all seven members of the Board of Governors, notes this article published Monday. But how does he compare to his predecessors in terms of overall influence on the makeup of Fed leadership?
ECB's Trichet on EU and euro area enlargement
In the speech 'Looking at EU and euro area enlargement from a central banker's angle: the views of the ECB' given on 27 February Jean-Claude Trichet of the ECB said the 10 new EU member states need to show 'high vigilance' on inflation and cut their…
Wellink on regulators and the pension industry
In the speech 'How regulators contribute to a sustainable pension industry' given on 15 February Nout Wellink of the Netherlands Bank said the Dutch central bank has set up a working group looking at ways of making the country an attractive domicile for…
Chicago Fed National Activity Index, January 06
The Chicago Fed National Activity Index for January 2005, published 23 February, was +0.27, down from +0.37 in December. Three of the four broad categories of indicators that make up the index made positive contributions, while the remaining category…
National Bank of Romania - Annual Report 2004
According to the National Bank of Romania's Annual Report 2004, Romania saw positive developments in key macroeconomic indicators.
Comment: 'A matter for the BoJ'
Comments made by influential Japanese politicians over the weekend and on Monday suggest that the government will no longer stand in the Bank of Japan's way as it departs from its super-loose policy of "quantitative easing".
US economy can stand Fed 'mistake' says Poole
St Louis Fed president William Poole said on Friday 24 February that the U.S. economy can cope if the Federal Reserve makes a "mistake" and raises interest rates too high.
Bernanke says bad idea to manage asset prices
The Federal Reserve has to pay close attention to asset prices because they affect the economy, according to Fed chairman Ben Bernanke, but it is not a good idea for the US central bank to try to affect their prices directly.
BI to introduce Sharia Banking Committee
Bank Indonesia intends to develop Sharia Banking Committee (KPS) as the regulatory body for sharia banks.
Bulgaria doing everything to join euro
Bulgarian Prime Minister Sergei Stanishev told European Central Bank President Jean-Claude Trichet on Monday 27 February that his government was doing everything possible to join the EU as soon as possible and to introduce the euro in 2009.
Economist calls for cut in China's dollar reserves
Economics professor Xiao Zhuoji said in an interview published on Monday 27 February that China should cut its share dollars in its foreign exchange reserves due to risks posed by the dollar's instability.
Japan's PM says govt would tolerate BOJ shift
Japanese Prime Minister Junichiro Koizumi indicated on Monday 27 February that the government would be prepared to tolerate a move by the Bank of Japan in lifting its ultra-easy policy as early as March.
BoE says payment covers all stolen notes
The Bank of England said on Friday 24 February that the £25 million payment made by Securitas on Wednesday covers all the stolen notes belonging to the central bank.
Bank of Korea's tarnished image
According to this recent editorial, the Bank of Korea has dealt a staggering blow to its image as the issuer of legal tender by deciding to send 160,000 banknotes in its possession back to the print shop because they are suspected of printing defects.