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Economic Review from the Kansas City Fed Bank
PUBLICATION - Consumer Confidence After September 11 and The New Power of Regions: A Policy Focus for Rural America-A Conference Summary, Second Quarter 2002.
Speech by Robert Parry, San Francisco Fed, 2 Aug
SPEECH - In a speech 'After the Recession: A Monetary Policymaker Looks Ahead' Parry said the decline in the U.S. dollar this year -- around 10 percent against the euro and the yen -- could help to boost growth by raising demand for U.S. goods. He also…
BIS Working Paper
RESEARCH - 'The link between default and recovery rates: effects on the procyclicality of regulatory capital ratios' by Edward I Altman, Andrea Resti and Andrea Sironi, July 2002.
BIS Working Paper
RESEARCH - 'Asset prices, financial and monetary stability: exploring the nexus' by Claudio Borio and Philip Lowe, July 2002.
Speech by Masaru Hayami, Bank of Japan, 19 July
SPEECH - In the speech, published 5 August, at the presentation of the Bank's Semi-annual Report on Currency and Monetary Control Hayami said Japan's economy is about to undergo its third cyclical recovery since 1990. He also talked of the Bank's hopes…
Dollarization in Canada: The Buck Stops There
RESEARCH - In a Technical Report from the Bank of Canada published August 2002, John Murray and James Powell consider the debate in Canada concerning the potential benefits of formally adopting the U.S. dollar as the national currency.
Uruguay set to receive IMF money to avert crisis
URUGUAY - Uruguay was yesterday set to receive $1.5bn (£950m) from the International Monetary Fund and impose limited restrictions on bank withdrawals in an effort to avert a collapse of its once-vaunted financial system.
Worrying poll finds Britons confused by euro idea
UK - Almost a third of Britons believe the country could keep the pound after it had joined the euro, according to internal polling conducted for the No campaign.
Fed's Parry still sees modest U.S. expansion
US - A top Federal Reserve policy-maker said on Friday he still thinks the United States is in a modest economic expansion, despite weaker-than-expected growth figures for the June quarter.
New GDP formula to be used by Bank of Korea
SOUTH KOREA - The Bank of Korea will announce a gross domestic product (GDP), or a gross added value of the economy, under a new formula, starting from the third quarter of 2004.
Philippines central bank reorganises departments
PHILIPPINES - The policy-making monetary board has reorganised the Bangko Sentral ng Pilipinas' (Central Bank of the Philippines, or BSP) Supervision And Examination Sector (SES) for a more coordinated management of the banking industry.
BOJ Gov Hayami to visit Osaka, Nagoya 5-6 Sept
JAPAN - Bank of Japan (BOJ) Governor Masaru Hayami will make an annual visit to the cities of Osaka and Nagoya on 5-6 September, the central bank said on Monday.
US names IMF representative
US - The White House Friday said it had appointed Nancy Jacklin, a lawyer at Clifford, Chance, Rogers and Wells, with expertise in international finance and regulation, to be the US representative at the International Monetary Fund.
Korea's for ex reserves jump to $115.49 bn
SOUTH KOREA - The nation's foreign exchange reserves hit a fresh high of $115.49 billion at the end of July, up $3.05 billion from the end of June, the Bank of Korea (BOK) reported Monday.
PM says Thai central bank governor's job is safe
THAILAND - Prime Minister Thaksin Shinawatra yesterday denied rumours he planned to sack central bank governor M.R. Pridiyathorn Devakula over recent volatility of the baht.
Central bank to analyse inflation fall in Thailand
THAILAND - The Bank of Thailand will look at why inflation has declined in recent months, according to Bandid Nijathaworn, an assistant governor.
Federal Reserve Board Press Release
PRESS RELEASE - Donald L. Kohn and Ben S. Bernanke sworn in as Board members, 5 August.
IMF News Brief
NEWS BRIEF - Joint Statement by IMF, World Bank and Inter-American Development Bank on Uruguay, 4 August.
IMF News Brief
NEWS BRIEF - IMF Managing Director Kohler Prepared to Recommend US$500 Million Increase in Stand-By Credit to Uruguay, 4 August.
IMF Press Briefing by Thomas Dawson
PRESS BRIEFING - Transcript of a Press Briefing by Thomas C. Dawson, Director, External Relations Department, International Monetary Fund, 1 August, Washington, D.C.
EconSouth from the Atlanta Fed Second Quarter 2002
PUBLICATION - The Federal Reserve Bank of Atlanta has published its regular online magazine, EconSouth, for the Second Quarter 2002. The main feature of the latest edition asks the questions, Is the U.S. economic slowdown over? and If so, what path will…
Federal Reserve Bank of Chicago Press Release
PRESS RELEASE - James Nelson to head Bank Supervision at the Chicago Fed, 29 July.
Double-dip recession unlikely - Fed's Poole
US - St. Louis Federal Reserve Bank President William Poole said on Sunday the odds the U.S. economy might fall back into recession given the stock market's recent woes were "very, very small."
Speech by William Poole, St Louis Fed Bank, 4 Aug
SPEECH - In the speech 'Financial Stability' Poole said the United States could benefit from the accounting and corporate governance scandals that have beat markets down to multi-year lows as reforms are put in place. "We will come out the other side of…