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Greenspan well, but has he upset the White House?
Rumours that Alan Greenspan had a heart attack were soon dismissed but a report this week says the Fed chairman is out of favour with the White House following the release of Paul O'Neill's book.
But Fund staff hit out at selection process
The perceived carve up of the IMF and World Bank top jobs between the US and Europe provoked a grassroots revolt among staff at the Washington-based Fund this week.
A hyperactive central banker who needed an anchor
The Dallas Fed has introduced a special section to its website "Rhymes with No Reason" listing some of Bob McTeer's classic poems. As well as prose from the 'lonesome dove' it contains various stories including how he apparently saved a dog's life.
HKMA releases pay review details
The Hong Kong Monetary Authority (HKMA) has announced the result of its annual pay review for staff of the HKMA in 2004.
Ex cb chief banned from leaving Haiti
Haiti's new justice minister has barred 37 members of the former government from leaving the country. Included is former central bank governor Venel Joseph.
Hearing set for ECB Board candidate
A hearing for the nominee for a position at the Executive Board of the ECB will take place on Tuesday 6 April.
Gaddafi calls for African central bank
The Libyan "Leader of the Revolution" Colonel Muammar Gaddafi has called for the establishment of an African Central Bank.
IMF agreement close as Lemierre pulls ahead
EU finance ministers hope to thrash out agreement on Europe's choice for the next head of the International Monetary Fund at weekend talks, the EU's Irish presidency said this week.
Back to the future? Assessing the deflation record
This BIS Working Paper looks back to a period when deflation was a regular feature of the economic environment, and says the phenomena comes in three basic types: the good, the bad and the ugly. It finds that despite periods of deflation it was not…
Top Islamic bankers meeting in Bali
The Islamic world's top central bankers are meeting in Bali to tackle problems ranging from personnel to paperwork that hinder Islamic banking.
Fed says Greenspan in 'fine' health
The Federal Reserve has dismissed the rumour which swept financial markets on Wednesday 31 March that Fed Chairman Alan Greenspan had suffered a heart attack.
IMF warns of Philippines debt crisis
The International Monetary Fund has expressed "serious concerns" over the Philippines government's budget and indebtedness in a report.
Japanese Tankan report shows signs of improvement
There are further signs of economic recovery in Japan, with a key measure of Japanese business confidence at its highest level in seven years.
ECB questions and answers
The European Central Bank held interest rates unchanged at its meeting on 1 April. Jean-Claude Trichet told the afternoon press conference the ECB's key rates remain "in line with the maintenance of price stability" in the eurozone, although recent…
ECB opinion of proposed member of Executive Board
At the 1 April meeting of the Governing Council of the ECB it adopted an opinion on a recommendation from the Council of the European Union on the appointment of a new member of its Executive Board.
Guynn: Rates must return to neutral
Low US interest rates must be brought back to a more neutral level and if they stay down for too long financial market excesses can build, Atlanta Fed chief Jack Guynn said on Tuesday 30 March.
Fed rate change near election ' political'
Changing interest rates near the U.S. presidential election is an inherently political act the Federal Reserve would try to avoid, but if it has to move it will, a top Fed policy-maker said on Tuesday 30 March.
Sveriges Riksbank Inflation Report, No.1, 2004
Sweden's central bank, the Sveriges Riksbank, has published its First Inflation Report for 2004. The report said that there are increasingly clear signs that the Swedish economy is about to recover, after an unusually mild economic downturn. Inflation…
Sveriges Riksbank cuts repo rates to 2.0%
At its meeting on 31 March, the Executive Board of the Riksbank decided to lower the repo rate by 0.5 percentage points to 2.0 per cent. This decision was based on the picture of future inflation in the Riksbank's latest Inflation Report.
Japan denies scrapping yen policy
Japan's Ministry of Finance has taken the unusual step of denying a report on The Times newspaper's website that Japan's campaign to suppress the rise of the yen against the dollar had 'officially' ended.
Venezuela central bank against reserves plan
Venezuela's central bank has again repeated its opposition to President Hugo Chavez's plan to deprive the bank of its autonomy and take $7 billion of international reserves to fund projects and social programs.
Eurozone to recover despite mixed signals
Slow consumer spending is casting a shadow over the short-term outlook for the eurozone economy, the European Commission said in a report, agreeing with concerns expressed by the European Central Bank.
BSP raises $500M from foreign banks
The Philippine central bank said on Wednesday 31 March that it has raised 500 million dollars in financing from a syndicate of eight foreign banks.
Eurozone inflation remains at four-year low
Inflation in the 12-nation eurozone stood at a four-year low point of 1.6 percent in March, unchanged from February, Eurostat said in a preliminary estimate on Wednesday 31 March.