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Deutsche Bundesbank Press Release, 11 April
PRESS RELEASE - Appointment of external auditors of the annual accounts for 2002.
Deutsche Bundesbank Annual Accounts for 2001
PRESS RELEASE - Deutsche Bundesbank Annual Accounts for 2001, 11 April.
Financial Stability Forum Press Release, 11 April
PRESS RELEASE - First FSF regional meeting with central and eastern European authorities. The Financial Stability Forum (FSF) today held its first regional meeting with central and eastern European countries at the European Bank for Reconstruction and…
Bank of Japan Monthly Report April 2002
REPORT - Monthly Report of Recent Economic and Financial Developments, April 2002. The English translation of the full text will be available on 15 April.
Bank of England Discussion Paper
RESEARCH - Bank of England Discussion Paper by Nicoletta Batini, Brian Jackson and Stephen Nickell, April 2002.
Speech by Edward George, Bank of England, 11 Apr
SPEECH - In his speech George said that the debate on UK euro membership was "balanced" and that sterling's value against the euro was an important consideration. "It's a balanced debate in my view, there are pros and cons."
Gold market calmer on Welteke reassurance
GERMANY - The gold market was reassured by the statement made by Bundesbank President Ernst Welteke on Thursday that the international agreement limiting gold sales by central banks was worth extending once it expired at the end of 2004 and that any…
Brazil's central bank - a question of independence
FEATURE - Brazil's central bank president, Arminio Fraga, may appear the only sure thing in Brasilia these days as election fever grips the capital of South America's number one economy. But the question to be asked is, for how long?
ECB sees upturn but slower CPI decline
GERMANY - The European Central Bank on Thursday maintained its assessment that the euro zone economy was recovering but said high oil prices could lead to slightly higher inflation than predicted earlier this year.
House votes to end banking ban
US - The Senate House has voted to end a 70-year-old ban on banks paying interest on business checking accounts.
Israel approves Bill to redefine c bank powers
ISRAEL - Israeli ministers have approved a bill that would redefine the Bank of Israel's powers, but allowed the finance ministry and central bank time to propose changes to the bill to resolve continuing disagreements.
When an ATM is an alien concept
FEATURE - It is only an ATM (automatic teller machine), but it might as well be an alien spacecraft, crash landed in central Vientiane. People do not know what to make of it - which is understandable when you consider that this is the first ATM in Laos.
Race still on for ECB Vice President position
BELGIUM - Belgium said on Thursday it stuck to its candidate for the European Central Bank's vice-presidency, which vacates end-May, but added that it wanted a good chance for a next vacancy if a Belgian failed this time.
Philippines - Derivatives supervision tightened
PHILIPPINES - The Philippine Central Bank has tightened its supervision of the derivatives market by requiring the affiliates of all financial institutions to seek approval from the monetary authority before undertaking such transactions.
Asset Prices and Inflation Targeting
RESEARCH - Asset Prices on a Flexible Inflation Targeting Framework by Stephen G Cecchetti, Hans Genberg and Sushil Wadhwani, April 2002. Prepared for the conference on "Asset Price Bubbles: Implications for Monetary, Regulatory, and International…
Argentina's former economy minister charged
ARGENTINA - Domingo Cavallo, Argentine economy minister till the country's debt crisis toppled four governments in a row in December, has been formally charged with arms smuggling.
IMF pledge to help Argentina with economic reforms
ARGENTINA - The International Monetary Fund (IMF) said Wednesday that it was "firmly determined to help" Argentina, but conditioned an eventual financial bailout to President Eduardo Duhalde's progress in the execution of extensive economic reforms.
Bank of Japan Monetary Policy Meetings, 11 April
NEWS RELEASE - At the Monetary Policy Meeting held today, the Bank of Japan decided, by unanimous vote, to maintain the following guideline for money market operations for the intermeeting period:
ECB Monthly Bulletin, April 2002
REPORT - The European Central Bank published its April 2002 Monthly Bulletin on 11 April.
Japan cautioned by IMF on deflation fight
JAPAN - The International Monetary Fund Tuesday cautioned the Japanese Government not to slacken its efforts to combat deflation and structural problems, warning that additional steps were necessary to combat serious weaknesses in the world's second…
IMF World Economic Outlook
REPORT - World Economic and Financial Surveys, Recessions and Recoveries, April 2002.
Norges Bank keeps interest rates unchanged
PRESS RELEASE - Interest rates were left unchanged at Norges Bank's Executive Board meeting on 10 April. Norges Bank's key interest rate, the sight deposit rate, therefore remains at 6.50 per cent. The overnight lending rate also remains unchanged.
Norges Bank's press conference of 10 April
PRESS CONFERENCE - Monetary policy meeting of Norges Bank's Executive Board.