Central Banking staff
Follow Central Banking
Articles by Central Banking staff
Speech by Robert Parry, San Francisco Fed, 23 Apr
SPEECH - Parry said on Tuesday in a speech titled 'Inside the Federal Reserve: A District Bank President's Perspective' uncertainty lingers about the strength of the U.S. economic recovery and the Fed can take its time deciding when to raise short-term…
Speech by David Dodge of Bank of Canada, 24 Apr
SPEECH - Dodge told the finance committee of the House of Commons on Wednesday that a currency union between Canada and the United States is feasible but that doesn't mean it's desirable.
Testimony of Fed V.Chairman Roger Ferguson, 24 Apr
TESTIMONY - In testimony on Wednesday Ferguson said that the U.S. economic outlook had "brightened", but cautioned that an ongoing strong expansion of final demand was not definite.
Economy minister quits amid crisis in Argentina
ARGENTINA - Argentina's economy minister resigned from office yesterday, throwing the country's economic course into question and the government into fresh disarray.
Speech by David Dodge of Bank of Canada, 24 Apr
SPEECH - Opening Statement by David Dodge, Governor of the Bank of Canada on the release of the Monetary Policy Report, 24 April.
Russian Duma confirms new c bank deputy chairmen
RUSSIA - Russia's lower house of parliament confirmed central bank deputy chairmen Oleg Vyugin and Andrei Kozlov, two state finance veterans, to the board of the central bank on Wednesday.
Poland may be some way off euro entry
POLAND - Poland will not join the European monetary union earlier than in 2007, believes Krzysztof Jakubiszyn, advisor to the chief of the central bank.
Hayami - 'Stupid' to ask me if about to resign
JAPAN - Bank of Japan Governor Masaru Hayami shot down speculation that he might resign before his five year term ends next March.
IMF official-Japan ought to adopt inflation target
JAPAN - The Bank of Japan needs to adopt an inflation target to stop price falls within 12-18 months, an International Monetary Fund official said Tuesday.
Jarai should remain as chief of Hungary's c bank
HUNGARY - Zsigmond Jarai will remain in his position as head of the National Bank of Hungary (MNB), Peter Medgyessy, the probable next prime minister of Hungary told reporters on Monday.
Bank of Canada Monetary Policy Report, April 2002
REPORT - The Bank of Canada today released its semi-annual Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy, 24 April.
Central Bank of Malta - Annual Report 2001
ANNUAL REPORT - The Central Bank of Malta has published its Thirty-fourth Annual Report and Statement of Accounts for 2001.
National Bank of Denmark - Annual Report 2001
ANNUAL REPORT - National Bank of Denmark has published its annual Report and Accounts for 2001.
Speech by Kazuo Ueda of the Bank of Japan, 24 Apr
SPEECH - In a speech titled 'Structural Problems and the Effectiveness of Monetary Policy' Ueda said that Japan was still suffering from mild deflation, and that domestic economic activity remained dormant. "Domestic demand remains weak in contrast to…
Speech by M Moskow, President, Chicago Fed, 22 Apr
SPEECH - In his opening remarks to the Asset Bubbles Conference Moskow said that during the last two decades, there have been instances throughout the developed and developing worlds of prolonged build-ups and sharp collapses in asset prices in stock,…
Speech by Mervyn King, Bank of England, 23 Apr
SPEECH - In a speech given Tuesday King said that it was too early to say whether a recovery from last year's global economic slowdown had taken hold. He cast doubt on the strength of the global recovery, saying it was "too soon to say it is entrenched".
Speech by M Moskow, President, Chicago Fed, 17 Apr
SPEECH - Moskow said in a speech titled 'The Impact of Open Markets and Expanded Trade on Economic Development' that the U.S. economic recovery is underway and the full effects of the reduction in rates over the past 15 months have yet to be felt.
Speech by Wim Duisenberg, ECB President, 19 Apr
SPEECH - In the speech titled 'Some remarks on the euro in a US context' Duisenberg said the success of the European Central Bank's monetary policy must be judged over a "sufficiently extended period" of time.
Speech by Tito Mboweni, RB of South Africa, 24 Apr
SPEECH - At a graduation ceremony speech Mboweni said "At my place of work, the South African Reserve Bank, we operate in a highly internationalised environment. Given our historic past, our recruitment drive has been focused on African, Coloured, Indian…
Trichet cautious over c bank asset price reactions
USA - People who make monetary policy should be very cautious about taking asset prices into account when they make their decisions, Jean-Claude Trichet, governor of the Bank of France, said in a speech in Chicago Tuesday.
No need for more transparency at ECB says Noyer
BELGIUM - European Central Bank Vice President Christian Noyer said on Tuesday there was no reason for the time being to increase the banks transparency by publishing minutes of the ECB's closed-door meetings, but did not rule it at some point in the…
ECB report says conditions right for recovery
GERMANY - European Central Bank chief Wim Duisenberg said on Tuesday conditions were right for a euro zone economic recovery although there was still uncertainty about its strength.
ECB's Noyer sees gold's role as reserve declining
GERMANY - Outgoing European Central Bank Vice President Christian Noyer said on Tuesday that the role of gold in central bank reserves was declining but was still part of central bank credibility.
Brazil clearance system up and running
BRAZIL - A new Brazilian bank clearance network designed to increase efficiency and reduce risk in the financial system of Latin America's No.1 economy got off to a smooth start on Monday.