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Philadelphia Fed Business Outlook Survey, Jan 2004
The recent improvement in the region's manufacturing sector continued into the new year, according to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, January 2004.
Canada to unveil its new $100 bank note
Canada will unveil its new $100 bank note on 28 January 2004. The first high denomination note in the Canadian Journey series will be unveiled by the Minister of Natural Resources Canada, and Bank of Canada Governor David Dodge.
Phil Fed's Santomero on the economic outlook
In a speech on the 'Economic Outlook' given on 15 January, Anthony Santomero of the Federal Reserve Bank of Philadelphia said interest rates can remain low for now, but when the economy nears full employment the Federal Reserve will need to start raising…
Tunisia's Daouas 'called to other functions'
The governor of Tunisia's central bank, Mohamed Daouas, was dismissed on Wednesday 14 January, the official news agency reported.
Indonesian police to question Sabirin
Police in Indonesia plan to question former central bank governor Syahril Sabirin next week in connection with a corruption case.
Committee reports continued progress on Basel II
The Basel Committee on Banking Supervision reported on Thursday 15 January that it continues to make progress following the agenda established in Madrid last October.
Fed's Bernanke: Monetary policy can be 'patient'
Ben Bernanke reiterated on Wednesday 14 January that, with interest rates at 45-year lows, monetary policy could remain "patient" particularly in the absence of inflationary pressures in the US.
Fed's Olson expects solid growth from US economy
Federal Reserve Board Governor Mark Olson said on Tuesday 13 January that first-quarter U.S. growth looked set to match the expected solid pace at the end of last year, but there was still no sign of inflation.
Saddam notes cease to be legal tender
Bank notes printed with the face of Saddam Hussein have ceased to be legal tender in Iraq, removing another memory of the former dictator.
Israel's Klein: Monetary policy achieved goals
Speaking at a seminar on financial cooperation among the Mediterranean nations on Thursday 15 January, Bank of Israel governor David Klein defended the Israeli central bank's monetary policy in recent years, saying it had achieved its goals.
Venezuela's central bank defies Chavez
Venezuela's central bank is examining ways in which it can deflect controversial demands from president Hugo Chavez to hand over $1bn of its foreign reserves for what could be a public spending spree.
Trichet at the Euro-Mediterranean Seminar
In a speech to the Euro-Mediterranean Seminar of Eurosystem and Mediterranean country national banks given on 15 January, Jean-Claude Trichet of the ECB said the seminar should be a platform for an exchange of views between central banks of the…
Federal Reserve Board - Beige Book, January 2004
The Federal Reserve released its January 2004 survey of Current Economic Conditions, known as the Beige Book, on 14 January. The survey suggested the rebound in the U.S. economy is gaining momentum, fuelled by last-minute holiday shopping in December.
New York Fed names five vice presidents
The Federal Reserve Bank of New York has announced that its board of directors has approved the promotion of five vice presidents.
Zeti wins top honours as central banker
Bank Negara Malaysia governor Tan Sri Zeti Akhtar Aziz is The Banker's choice as the central bank governor for 2004.
Medina favorite for Bank of Israel post
Still with the Bank of Israel, it was reported that the chances of Victor Medina becoming central bank governor in January 2005 have increased after Prime Minister Ariel Sharon dropped his objections.
Billie Jean, or is it Mervyn King?
The surname King will forever be remembered by tennis fans - but Bank of England governor Mervyn King is also a player we hear, as well as a darts fan.
Norges Bank executive director gets IMF move
Norges Bank Executive Director Jon Solheim is to take office as executive director for the Nordic-Baltic countries at the IMF in Washington.
Bank of Israel's Klein to petition on salaries
Governor David Klein of the Bank of Israel has announced he intends to petition the High Court against a decision to intervene in salary terms and other benefits awarded to employees of the bank.
Court rejects plea to prosecute BSP chief
The Supreme Court in the Philippines has denied "with finality" a petition to prosecute central bank governor Rafael Buenaventura and several central bank officials for the closure of medium-sized Urban Bank in 2000.
Gerashchenko enters Russian presidential race
Nine candidates, including former Central Bank chief Viktor Gerashchenko, have met a year-end deadline to register to run against President Vladimir Putin in Russia's March presidential election.
Poland to name new monetary council members
Membership of the Polish central bank's Monetary Policy Council is up for renewal in January and February with suggestions that the ruling coalition is attempting to stack the Council in its favour.
Greenspan to testify on U.S. economy, 11 Feb
Fed Chairman Alan Greenspan will testify on the Federal Reserve's semiannual report on monetary policy to the U.S. House Financial Services Committee on 11 February, the panel said on Wednesday.
IMF reports no exact cause to rand collapse
IMF economists have concluded that no clear answer existed for the rapid depreciation of the South African rand between September and December of 2001.