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Bank of England holds rates steady
The Bank of England's Monetary Policy Committee voted on Thursday 8 January to maintain the Bank's repo rate at 3.75%.
Kohn on the United States in the world economy
Fed Governor Donald Kohn said on Wednesday 7 January that China would need more flexibility in its yuan currency "at some point", but acknowledged China faced complex problems.
Venezuelan president threatens to take over c bank
On Wednesday 7 January Venezuela's President Hugo Chavez threatened to take over the country's independent central bank if it did not agree to his demand to hand over $1 billion in reserves to finance farming projects.
Counterfeit money major concern for SEACEN
Money counterfeiting has become a central issue for member countries in the South East Asian Central Bank (SEACEN), Bank Indonesia (BI) Deputy Governor Maulana R. Ibrahim said on Monday 5 January.
Regulatory reform may face delay in Italy
The Italian government is unlikely to debate a regulatory reform bill this week and instead will wait for Parliament to finish an investigation, a minister said.
Court battle may loom over EU Pact
EU finance ministers reportedly acted illegally when they suspended EU budget rules to spare France and Germany disciplinary action over their excessive deficits.
Source says BOJ spent Y3 trln in intervention
Japan, worried that a strong yen could hurt an export-led recovery in its economy, spent about three trillion yen ($28.3 billion) in the first two days of this week to hold the currency down, market sources said on Wednesday 7 January.
Finance chiefs to meet in Florida on February 6
G7 finance chiefs and central bank governors will meet in Florida for a two-day summit from February 6, the US Treasury has announced.
Reserve Bank of New Zealand Bulletin, Dec 2003
The Reserve Bank of New Zealand has published its quarterly Bulletin for December 2003. The December issue of the Bulletin contains three articles, and two speeches delivered over recent months by the Bank's Governor.
St Louis Fed's Regional Economist, January 2004
The Quarterly Review of Business and Economic Conditions, The Regional Economist, January edition from the St Louis Fed includes the article "Another jobless recovery" which asks whether the U.S. economy is undergoing fundamental changes.
PBOC appoints clearing bank for RMB business
The People's Bank of China has appointed Bank of China (Hong Kong) Limited as the Clearing Bank for RMB Business in Hong Kong.
Atlanta's Guynn looking to the long term
In a speech entitled 'Look to the Long Term' given on 5 January, Jack Guynn of the Federal Reserve Bank of Atlanta said more balanced growth will likely continue in 2004 as labor markets gain strength.
DIW calls for ECB rate cut
The DIW, one of Germany's top economic institutes, has called on the European Central Bank to cut interest rates to stimulate eurozone domestic demand.
RBI's Reddy to discuss growth and inflation
Governor Y.V.Reddy of the Reserve Bank of India said on Tuesday he will present his reassessment of the Indian economy at a trade body's annual meeting on Wednesday.
Dollar continues slide against euro
The dollar hit a new record low against the euro on Tuesday in broad selling but held on just above a three-year low on the yen, helped by rumoured Japanese yen-selling intervention.
China to further open gold market
The People's Bank of China has stopped taking in gold of purity below 99.95 percent from Chinese firms in a small step to open the precious metals sector further.
Fed's Guynn says deflation threat low
Atlanta Fed President Jack Guynn said Monday the risk of wholesale price declines in the U.S. economy is now much lower.
Modified notes agreed by Russian central bank
The Board of Directors of the Russian Central Bank has given the OK to the introduction of modified 10, 50, 100, 500 and 1000 ruble notes.
Bean on asset prices and monetary policy
In the speech 'Asset Prices, Monetary Policy and Financial Stability: A Central Banker's View' Charles Bean reviews the argument that monetary policy should react to asset price movements and/or financial imbalances over and above their impact on the…
Key to good monetary policy is judgement - King
In a speech 'The Institutions of Monetary Policy - The Ely Lecture 2004' given on 4 January Mervyn King of the Bank of England sets out some key theoretical questions lying behind current approaches to monetary policy, and in particular, the nature of…
Bernanke says current US money stance appropriate
In the speech 'Monetary Policy and the Economic Outlook: 2004' given on 4 January Ben Bernanke of the Federal Reserve said that the Fed is right to keep interest rates at the current45-year lows.
Italy plans new financial regulator
Italian finance minister Giulio Tremonti has said he wants a new financial regulator which will have authority over whole spectrum of financial services to reduce risks of another Parmalat-type scandal.
Eurozone inflation rate falls in December
The annual inflation rate for the 12-nation eurozone fell to 2.1 per cent in December from 2.2 per cent the previous month, according to an initial estimate by Eurostat data agency released on Monday 5 January.
Bank Negara unveils new anti-copy notes
Bank Negara Malaysia has unveiled its new RM10 notes which contain an anti-copy security feature in the form of a holographic strip on the front.