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fedgazette from the Minneapolis Fed, July 2002
PUBLICATION - Regional Business and Economics Newspaper from the Federal Reserve Bank of Minneapolis, Volume 14, No 4, July 2002. Focus: Labor Shortage.
Interest rates in europe left unchanged
GERMANY - The European Central Bank on Thursday kept interest rates unchanged for the ninth month in a row amid uncertainty over the impact of turbulent financial markets and a stronger euro on Europe's slowly recovering economy.
UK interest rates left on hold
UK - UK interest rates have been left on hold for the ninth month running at 4%, their lowest level for 38 years.
Milton Friedman - A lifetime in economics
ARTICLE - In its regular Economic Insights publication the Federal Reserve Bank of Dallas pays tribute to Milton Friedman who was 90 years old yesterday (Wednesday 31 July) with "Milton Friedman-Economist as Public Intellectual". Not only does the…
Thailand's Thaksin raps central bank on volatility
THAILAND - Prime Minister Thaksin Shinawatra yesterday took the Bank of Thailand to task for allowing "excessive volatility" in the exchange rate of the baht to the possible detriment of exporters.
Senate confirms new nominees to Federal Reserve
US - The US Senate on Wednesday confirmed President Bush's two latest nominees to the Federal Reserve Board, Princeton economist Ben Bernanke and Donald Kohn, a long-time staff aide at the central bank.
Euro-zone inflation climbs to 1.9 per cent in July
BELGIUM - Inflation in the 12-nation euro zone edged up to 1.9 per cent in July compared with the same month in 2001, the statistics body Eurostat reported on Wednesday, citing provisional figures.
Brazil's Fraga says currency falls temporary
BRAZIL - Brazil's Central Bank President Arminio Fraga said on Wednesday the real currency's nosedive amid pre-election pressures was temporary and that an expected loan deal with the International Monetary Fund should help soon.
Bank of England News Release
News Release - Bank Of England Maintains Interest Rates at 4.0%, 1 August.
European Central Bank Publication
REPORT - Payment and securities settlement systems in the European Union Addendum incorporating 2000 figures (Blue Book, July 2002).
ECB Press Release
PRESS RELEASE - Payment and securities settlement systems in the European Union - Addendum incorporating 2000 figures, Frankfurt am Main, 31 July.
Basel Committee Publications, July 2002
REPORT - Sound Practices for the Management and Supervision of Operational Risk, 31 July.
Committee on Payment and Settlement Systems
REPORT - Bank for International Settlements, Statistics on payment and settlement systems in selected countries. Prepared by the Committee on Payment and Settlement Systems of the Group of Ten Countries, Figures for 2000, released 31 July.
Federal Reserve Board - Beige Book, July 2002
REPORT - The Federal Reserve Beige Book released 31 July revealed that the U.S. economy has expanded modestly but unevenly in recent weeks, although some districts are worried about the economic impact of the stock-market plunge.
Kuwait audit urged to verify 1999 CB cash dealings
KUWAIT - The parliamentary committee probing the Central Bank transactions during the period between 1 May and 31 July, 1999 met Tuesday with officials of the auditing office. The purpose of the meeting was to get familiar with the work mechanism to be…
Next ECB head may not be French says Italy's Tanzi
ITALY - Wim Duisenberg's successor as president of the European Central Bank may not necessarily be French. That is the belief of Italy's Treasury undersecretary Vito Tanzi who spoke to Italian daily La Repubblica on Saturday.
Uruguay calls bank shutdown amid economic crisis
URUGUAY - Uruguay ordered its banks closed Tuesday in an attempt to stem the outward flow of capital in the midst of a growing financial crisis.
Brazil's Fraga hopes for IMF deal by 12 Aug
BRAZIL - Brazil's Central Bank President Arminio Fraga said on Tuesday he expected the country to clinch a much-awaited deal with the International Monetary Fund, by 12 August, that should help calm pre-election market jitters.