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UK Treasury criticised over Bank of England posts
UK - The Treasury has been rebuked for failing to follow proper procedures for appointments to the Bank of England's governing body.
Bank of England News Release, 18 July
NEWS RELEASE - The Bank of England plans to resume issuing the new Elizabeth Fry £5 note in the week commencing 19 August.
Bank of Japan Monthly Report, July 2002
REPORT - On 18 July the Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, July 2002. In the report the BOJ says that Japan's economy, despite continued weakness in domestic demand, has almost stabilized as a whole…
Reserve Bank of Australia - Bulletin, July 2002
REPORT - On 18 July the Reserve Bank of Australia (RBA) published its July 2002 Bulletin. In the Bulletin the RBA says that over the past five years, there has been a sustained rise in house prices in most major cities in Australia. Some part of this…
Speech by DPM Lee Hsien Loong, Singapore, 15 July
SPEECH - In the speech titled 'Best practices in insurance regulation' Loong said that "MAS will continue to work together with the insurance industry to achieve international best practices and standards. Over the past two years, MAS has worked hard to…
MAS Monetary Policy Statement
STATEMENT - Monetary Authority of Singapore, Monetary Policy Statement, 11 July.
BofE chief George saved from letter to chancellor
UK - The prospect of an imminent rise in interest rates receded yesterday after an unexpectedly sharp fall in underlying inflation to its lowest level for at least 27 years.
One opposed last UK rate decision minutes reveal
UK - The men and women who set interest rates in the UK earlier this month voted overwhelmingly in favour of leaving interest rates unchanged at 4%, minutes of the rate decision meeting show.
Solomons central bank gov warns of savings scam
SOLOMON ISLANDS - Central Bank Governor Rick Hou has dismissed rumours associating him with a scheme called the Family Charitable Fund, which purports to be a local agent for the Lady Diana Memorial Fund. The rumours alleged that the bank governor and…
Think tank recommends orderly change in Argentina
ARGENTINA - Argentine authorities must take care to avoid a chaotic and unpredictable restructuring of the country's fragile financial system, local economic think-tank Fundacion Capital (FC) said in a report on the financial system.
Poland's c bank wants talks with finance minister
POLAND - The National Bank of Poland (NBP) has declared it wants dialogue with the finance minister following the 16 July presentation of his strategy, NBP president Leszek Balcerowicz has said.
Historical Model Describes 1900s Gold Standard
RESEARCH - An article in the latest edition of Economic Perspectives, from the Chicago Fed, looks at how the United States adopted the gold standard in the late nineteenth century, pegging the dollar to the British pound sterling and other currencies.
IMF Extends Argentina's SRF Repayment by One Year
PRESS RELEASE - IMF Extends Argentina's SRF Repayment by One Year, 15 July.
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes from the Bank of England's MPC meeting 3 and 4 July, released 17 July. The Bank of England's Monetary Policy Committee voted 8-1 to leave interest rates at 4.0 percent for the eighth month running in July, the minutes showed.
Central Bank of Iceland - Annual Report 2001
ANNUAL REPORT - The Central Bank of Iceland has published its Annual Report for the year ended 2001.
Bank of Italy - Annual Report 2001
ANNUAL REPORT - The Bank of Italy has published its Annual Report for the year ended 2001.
Fed Reserve Bank of St Louis - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of St Louis has published its Annual Report for the year ended 2001.
Fed Res Bank of San Francisco - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of San Francisco has published its Annual Report for the year ended 2001.
Fed Reserve Bank of Richmond - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of Richmond has published its Annual Report for the year ended 2001.
Greenspan Testimony: Trust must be restored
US - The economy is poised to recover if the "infectious greed" on Wall Street can be brought under control, Federal Reserve Chairman Alan Greenspan said Tuesday.
Bank of Canada raises rates for 3rd time this year
CANADA - The Bank of Canada on Tuesday raised its overnight interest rate to 2.75 percent from 2.5 percent to keep the soaring economy in check, but sounded a cautious note about the future, saying market uncertainty and corporate developments meant the…
Trichet may face trial after court ruling Tuesday
FRANCE - An investigating judge today ordered France's central bank chief to answer in court for his actions regarding the government bailout a decade ago of the then-state-owned bank Credit Lyonnais.
Stock exchange wants autonomy for Kenya's c bank
KENYA - The Nairobi Stock Exchange (NSE) board of directors want the Kenyan constitution to increase the autonomy of the Central Bank of Kenya (CBK).
Postal body gets BOJ online clearance
JAPAN - The public corporation that will replace the state-run postal services next April in Japan will be able to settle accounts with private banks in real time, officials said over the weekend. By gaining access to the Bank of Japan's transaction…