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Fed's Gramlich at the 30th anniversary of the NHSA
In introductory remarks to an event honouring the 30th anniversary of Neighbourhood Housing Services of America (NHSA) given on 10 September, Edward Gramlich of the Federal Reserve said that there's a need to expand homeownership for lower-income…
ECB's Tumpel-Gugerell on card payments
In a speech on 'Card payments and the European financial integration' given on 21 September, Gertrude Tumpel-Gugerell of the ECB said beyond its role of facilitator, the ECB intends to strengthen its oversight policy in the area of retail payment systems…
Sweden's Rosenberg on monetary policy house prices
In a speech on 'Monetary policy, house prices and household indebtedness' given on 20 September, Irma Rosenberg of the Sveriges Riksbank said despite stock market fluctuations and a periodically weak economic climate, both household indebtedness and…
Trichet on International Financial Architecture
In a speech on the transformation of the International Financial Architecture given on 20 September, Jean-Claude Trichet of the ECB said we have already done a lot of research in the understanding of this new global financial system. We understand why…
Dodge on Canadian monetary policy
In a speech on 'Canadian Monetary Policy in an Evolving World Economy' given on 20 September, David Dodge of the Bank of Canada spoke about the implications for Canada of world economic trends, particularly the rise to prominence of China and India. …
IMF set to warn ECB against lifting rate too soon
The International Monetary Fund will warn the European Central Bank against lifting interest rates too soon in its next report on the world economic outlook, the Financial Times Deutschland reported without citing sources.
NBP says Poland's 2006 ERM II depends on deficit
Poland's joining the Exchange Rate Mechanism ERM II in mid-2006 depends on its meeting the budget deficit criterion, Polish National Bank (NBP) Vice-President Krzysztof Rybinski said.
Argentina's repayment dates to IMF extended by 1yr
Argentina's debt repayment dates to the International Monetary Fund were extended by a year on Friday, the agency said.
Canada's prospects best for year: Dodge
Bank of Canada Governor David Dodge told Finance Minister Ralph Goodale in July the country's chances of steady economic and job growth are the best in years, Bloomberg News reported under Canada's Access to Information Act.
Afghanistan taking steps to capital market launch
Afghanistan took its first steps towards a capital market with an auction on Sunday of capital notes which will allow the country's banks to determine a market-driven interest rate. "This is an important step for us. It is the the beginning of a capital…
China price performance remains stable, says PBOC
"The price performance in China remains stable on the whole," said Governor of the People's Bank of China Zhou Xiaochuan on Sunday.
Bank of England Inflation Attitudes Survey, Aug 04
The Bank of England's August 2004 quarterly Inflation Attitudes Survey was published on 20 September. Asked about the future path of interest rates, 73% expected rates to rise in the next 12 months, little changed from 71% in the May survey.
Counterfeiting: A Canadian perspective
The author of this Bank of Canada Working Paper considers the economic issues that counterfeiting raises. He proposes an innovative method for estimating the quantity of counterfeit currency in circulation and develops estimates for Canada for 2001.
Srejber on new EU countries- opportunities & risks
In the speech 'New EU countries - opportunities and risks' given on 20 September Eva Srejber of the Sveriges Riksbank said for some of the other new member states a hurried transition to the euro could give rise to problems. The Baltic States are very…
HKMA Quarterly Bulletin, September 2004
The Hong Kong Monetary Authority has published the September 2004 issue of its Quarterly Bulletin. The latest issue includes an article "International reserve holdings - Are financial centres different?" - examining the relationship between reserve…
Measuring financial stability
Following the IMF's latest global financial stability review, released on Wednesday, one might expect central bankers to be relaxing. The Fund could see few threats on the horizon. In fact, central bank crisis watchers have never been busier. Mostly they…
ECB's Hurley says CPI not `great' concern
European Central Bank council member John Hurley said in an interview following a panel discussion in Frankfurt Thursday that inflation in the dozen nations sharing the euro isn't a ``great concern''.
Study shows Fed's words impact on economy
The Federal Reserve's strategy adopted in the summer of 2003 for stimulating the U.S. economy without cutting interest rates was a clear success, researchers at the Fed have concluded in a new study.
Fitch says EU newcomers to adopt euro after 2010
Poland, the Czech Republic and Hungary are unlikely to adopt the euro until after 2010, the Fitch credit rating agency has said.
Fraga used illegal money changers, Estado reports
Arminio Fraga, former president of Brazil's central bank, sent money to Brazil using illegal money changers when he was living in the U.S. in the 1990s, O Estado de S. Paulo newspaper reported.
KAS bank connects to Banque de France
KAS Bank is the first non-French bank to realise a direct connection to the payment system of the French Central Bank. KAS Bank has been active as a General Clearing Member and Settlement Agent on the French market since 2001.
Argentina's Redrado to be appointed cb president
Argentine Foreign Minister Martin Redrado, a former securities regulator, will be appointed central bank president after President Nestor Kirchner decided not to renew Alfonso Prat-Gay's term, which expires next week, Cabinet Chief Alberto Fernandez said…
Gono goes to China
The Reserve Bank of Zimbabwe's embattled governor Dr Gideon Gono is believed to be in China to finalise talks on closer ties with his counterpart, the governor of the People's Bank of China.
Reports name V Leeladhar as new RBI dep governor
The appointment of V Leeladhar has been cleared as deputy governor at the Reserve Bank of India (RBI) according to a report by The Economic Times this week.