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IMF Press Release
PRESS RELEASE - IMF Managing Director Issues Statement on Transitional Credit Support for Argentina, 17 January.
Philadelphia Fed Business Outlook Survey, Jan 2003
REPORT - Growth in the region's manufacturing sector remains sluggish, according to firms surveyed for the January 2003 Business Outlook Survey. Manufacturing activity in the region is showing improvement, according to this month's Business Outlook…
Chicago Fed Letter, January 2003 Special Issue
REPORT - The latest Chicago Fed Letter is titled 'Any bounce in the economy in 2003?'. The U.S. economy is growing, albeit at a sluggish pace. What can we expect in 2003? After an impressive performance through the recent recession, will consumer…
Kansas City Fed Economic Review, Fourth Quarter 02
PUBLICATION - The Federal Reserve Bank of Kansas City has published the Fourth Quarter 2002 edition of its Economic Review. This edition contains articles from the bank's 2002 Economic Policy Symposium, 'Rethinking Stabilization Policy' - Central Bank…
Hamalainen on the role of monetary policy
SPEECH - In the speech 'The role of monetary policy and the central banks in global financial stability' Sirkka Hamalainen of the ECB said it is self-evident that the central bank needs a healthy banking and financial market sector in order to conduct…
Gjedrem on the transatlantic economic partnership
SPEECH - In the speech 'Transatlantic Economic Partnership - Nordic and American perspectives' Svein Gjedrem of Norges Bank said the Nordic countries and the US have long historic ties with the number of Norwegians and their descendants living in the US…
Broaddus on the economic outlook for 2003
SPEECH - In the speech 'The Economic Outlook for 2003' Alfred Broaddus of the Federal Reserve Bank of Richmond said he thought the Federal Reserve was unlikely to "run out of ammunition" as substantial levels of liquidity could still be introduced to the…
CentralBankNet Monday Special Feature
SPECIAL FEATURE - In this weeks special report CentralBankNet looks at a new survey of central banks. Latest trends in reserve management will be revealed in a book to be published later this week by Central Banking Publications. "How Countries Manage…
BoJ hopeful introduces radical reflation proposal
With the name of the new governor of the Bank of Japan to be announced soon the battle is hotting up. On Sunday one of the favourites to land the job, Nobuyuki Nakahara, said the central bank should directly finance the government by Y5,000bn-Y10,000bn (…
Fed's Parry-reason for uncertainty on U.S. economy
San Francisco Federal Reserve President Robert Parry said on Friday the threat of war with Iraq and the risk of terror attacks have created much uncertainty about the U.S. economic recovery.
Pianalto to sit in for Jordan at January FOMC
Sandra Pianalto, who assumes the presidency at the Cleveland Federal Reserve Bank on 1 February, will sit in for departing President Jerry Jordan at the Fed's 28-29 January policy meeting, a spokeswoman at the bank said.
Irish inflation reaches 5%
Irish inflation, already twice the European Union average, rose to 5 per cent in December, its highest level in 18 months.
Pace of Japanese deflation steadies
Japanese goods fell on average by 2 per cent in 2002, as the country's three-year deflation run continues.
BMA-Central Bank of Iran in cooperation talks
Bahrain Monetary Agency (BMA) officials have held talks with their counterparts from The Central Bank of the Islamic Republic of Iran. The talks took place during a visit to Tehran by a seven-member Bahraini delegation, led by Mr. Waleed Abdulla Rashdan,…
Taiwan's Perng expected to remain as governor
The government is expected to give incumbent Central Bank of China Governor Perng Fai-nan a second term, it was reported Friday.
Fed Chairman Alan Greenspan's house broken into
Police are investigating a burglary at the Washington, D.C., residence of Federal Reserve Chairman Alan Greenspan, the U.S. central bank said on Friday.
UK Treasury Committee - Review inflation targeting
The UK's House of Commons Treasury Select Committee on Thursday criticised Chancellor Gordon Brown's economic policy and suggested a review of the Bank of England's inflation target.
Yugoslavia's Dinkic satisfied on central bank deal
Yugoslav National Bank (NBJ) Governor Mladjan Dinkic said Thursday that he was satisfied with the solution passed by the constitutional commission last night that the NBJ should become the National Bank of Serbia (NBS) on the day the constitutional…
Ireland may seek seat at ECB top table
Ireland is likely to pitch for a seat on the executive board of the European Central Bank (ECB) when a vacancy arises at the end of May.
New York Federal Reserve president is retiring
New York Federal Reserve President William McDonough will retire on 21 July, the New York Fed said Thursday, after a decade as one of the most senior policy-makers at the U.S. central bank.
Argentina clinches IMF debt rollover deal
Argentina clinched a watershed debt rollover deal with the International Monetary Fund (IMF) on Thursday after a year of tortuous negotiations, gaining breathing space to find a way out of its worst ever financial crisis.
Nigeria: IMF won't derail African single currency
Nigeria on Thursday reacted sharply to criticism by the International Monetary Fund (IMF) of the proposed single currency for the West African sub-region, warning that no amount of blackmail would stop the project. CentralBankNet reported the IMF…
G7 postpones 2-day meeting in Paris
The Group of Seven (G-7) finance ministers and central bank chiefs have postponed a two-day meeting in Paris scheduled to open 31 January, France's finance ministry said Thursday.
Broaddus sees recovery continuing in 2003
Richmond Federal Reserve President Alfred Broaddus on Thursday said he saw the U.S. recovery rolling ahead this year, while cautioning that risks still lurked, such as a long war with Iraq and the seven-week-old Venezuelan workers' strike.