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Fed's Ferguson: Market stress may affect policy
Federal Reserve Vice Chairman Roger Ferguson said in a speech released on Monday 28 November that central banks may consider changing interest rates if financial stresses on markets or institutions put financial stability at risk.
Share price rise benefits BOJ
A surge in Japanese share prices has seen the Bank of Japan's holdings of shares in business firms increase to a record 1,132.3 billion yen as of Sept. 30.
UK to make statistics office independent
UK Chancellor of the Exchequer Gordon Brown said Monday 28 November that the Treasury intends to make the Office for National Statistics independent from the government.
OECD names Mexican as secretary-general
The OECD named Mexican former Foreign Minister Angel Gurria as its next secretary-general on Friday 25 November, after he received backing from a majority of the organization's 30 member countries.
Russian people keep $30bn
The Central Bank of Russia has evaluated the volume of hard currency accumulated by residents at $20 billion to $30b, central bank chairman Sergei Ignatyev told a session at the State Duma.
Azerbaijan to issue new banknotes
The National Bank of Azerbaijan is preparing to present new banknotes, according to NBA board chairman Elman Rustamov.
PBOC officials to miss G7 meeting
The People's Bank of China said on Monday 28 November that its governor and vice governors won't be attending the Group of Seven meeting of finance ministers and central bank governors which takes place in London this weekend.
Change in Fed statement is coming (either way)
According to this article published on Monday 28 November, the part of the Fed's statement on the balance of risks to the Committee's objectives has degenerated, as have all the Fed's formulaic means of conveying an inter-meeting bias or long-term…
How should central banks communicate?
This European Central Bank Working Paper published on 25 November shows that central bank communication is a key determinant of the market's ability to anticipate monetary policy decisions and the future path of interest rates.
Canada's Dodge on investing in productivity
In the speech 'Investing in productivity' given on 28 November David Dodge of the Bank of Canada said Canada must reduce its public infrastructure deficit or risk harming productivity and prosperity.
ECB's Trichet on European financial integration
In the speech 'The state of European financial integration' given on 28 November Jean-Claude Trichet of the ECB said further EU financial integration would be positive for economic growth.
Banks' attitude 'key to gold's fortunes'
According to this article published on Friday 25 November, fresh impetus in the gold price and continued uncertainty about the outlook for the dollar could change central banks' attitude towards the gold reserves they have been inclined to sell off over…
Deutsche Bundesbank Monthly Report, October 2005
The Deutsche Bundesbank published the English version of its October 2005 Monthly Report on 25 November. Following a sharp improvement at the beginning of the third quarter, industrial business activity slackened somewhat in August.
Comment: Fierce criticism of the ECB
The European Central Bank's recent indication of its intent to raise interest rates has prompted a wave of fierce press criticism, and not only from within the eurozone.
UK's Brown says India, China to attend G7 meeting
China, India, Brazil and South Africa will attend part of the G7 finance ministers meeting this week, British finance minister Gordon Brown said on Monday 28 November.
Russia says gold policy will change slowly
Russian central bank chairman Sergei Ignatyev said Friday 25 November that any change in the weighting of gold in its reserves would come in years rather than months.
Slovakia joins ERM-II
Slovakia has joined the Exchange Rate Mechanism 2 (ERM-II), the Hospodarske noviny daily wrote.
Inflation warning from Bank of France
The Bank of France said on Monday 28 November inflation risks in developed countries have increased because of high oil and commodity prices and could rise further.
Eurogroup head criticises ECB rate rise plan
An interest rate increase by the European Central Bank is unnecessary, Jean-Claude Juncker, prime minister of Luxembourg said on Monday 28 November.
Brown's gold sale losses pile up as price surges
According to this article published on Monday 28 November, the recent increase in the price of gold should be something of an embarrassment for UK Chancellor Gordon Brown with the Bank of England offloading 300 tonnes of gold at close to a 20-year low…
New York Fed to host regulation Seminar
The Federal Reserve Bank of New York will host a seminar to review Regulatory Reporting Best Practices as observed by Statistics Function staff on 12 January 2006.
Sweden's Persson - speech on monetary policy
In the speech 'Monetary policy yesterday, today and tomorrow' given on 9 November Kristina Persson of the Sveriges Riksbank said the economic outlook in Sweden is favourable, but that she finds the international picture and its effects on Sweden worrying.
Dodge on inflation targeting in Canada
In the speech 'Inflation targeting in Canada: Design, lessons, and challenges' given on 14 November David Dodge of the Bank of Canada said the bank is unlikely to change its practice of using the consumer price index as its target for monetary policy.
Rato on problems and issues in the global economy
In the speech 'Problems and issues in the global economy: A call for action' given on 22 November Rodrigo de Rato of the IMF said we need action on IMF governance.