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Speech by Svein Gjedrem of Norges Bank, 20 Mar
SPEECH - "The effects of the global downturn on the activity level in Norway have been limited," Svein Gjedrem said in a speech prepared for ambassadors stationed in Norway. The speech was titled 'The inflation target and the floating krone: The…
Agency under attack over bad debts in Japan
JAPAN - Japan has been too slow to clear up the bad debt problem plaguing its banking sector, Masajuro Shiokawa, finance minister, has said.
Fed's Broaddus - Fed committed to price stability
US - US Federal Reserve policymakers aren't "resting on our laurels" with regard to their primary goal of price stability, said Alfred Broaddus, president of the Federal Reserve Bank of Richmond.
New BOJ policy members tread conventional lines
JAPAN - The Bank of Japan's newly appointed board members adopted a conventional line on monetary policy in their debut public appearance on Friday, in stark contrast to a maverick pro-easing member whom they replaced.
Wim's wait
FEATURE - The European Central Bank is extending its "wait and see" policy from interest rates to the equally delicate matter of high-level appointments, reported Friday's FT in London.
Central Bank changes worry forex market
UGANDA - The forex market has been unnerved by Bank of Uganda's decision to intervene discreetly rather than announce its specific actions in the market.
Bangladesh to close 500 bank branches
BANGLADESH - The central bank in Bangladesh has disclosed a plan to close down 500 branches of state owned commercial banks which were incurring losses over the last five years.
Speech by L Heikensten, Sveriges Riksbank, 2 Apr
SPEECH - Heikensten said in a speech titled 'Growth effects of the new stabilisation policy regime' that Sweden's recent policy of pursuing low and stable inflation and steady economic policies has been important for improving the conditions for economic…
Duma approves c bank management structure changes
RUSSIA - The State Duma, in debates on amendments to the Central Bank law in the second reading on Friday, voted to give the National Banking Council the powers of a management body at the Central Bank.
Good news for c bank but weaknesses continue
FEATURE - The Central Bank had quite a good day on 3 April, managing to hold the dollar down to 2.8 pesos but also increasing its reserves by 4m dollars.
Fed's Poole confident of substantial US recovery
US - William Poole, President of the Federal Reserve Bank of St. Louis., said that his confidence level that there will be a substantial U.S. economic recovery is "very high," barring "the possibility of some external shocks."
Ecofin's Rato sees deal on ECB's Noyer in Oviedo
SPAIN - Spanish Economy Minister Rodrigo Rato said on Friday he expected European finance ministers to agree next week on a replacement for the vice president of the European Central Bank, Christian Noyer.
Estonian c bank end March reserves up 4.6 pct m/m
ESTONIA - The Estonian central bank said on Friday its gold and foreign currency reserves rose 4.6 percent to 13.9 billion kroons ($781.3 million) by the end of March versus 13.3 billion at end-February.
Argentine c bank says banks can release funds Jan
ARGENTINA - The Argentine Central Bank said on Friday it would allow commercial banks next January to release deposits which have been frozen in their vaults since late last year to the fury of depositors.
New Azeri coins commemorate medieval poet
AZERBAIJAN - The National Bank of Azerbaijan has issued two types of gold and silver commemorative coins of a face value of 100 and 50 manats respectively.
Norway c bank governor points to debt risk
NORWAY - Norway's central bank governor Svein Gjedrem reiterated on Friday that high credit growth posed a risk to the Norwegian oil-backed economy.
Central bank of Gambia to introduce new bank notes
GAMBIA - The Central Bank of The Gambia (CBG) is to discontinue the practice of exchanging bank notes that are fit for reissue for new uncirculated bank notes to members of the public effective 15 April.
Summer changes expected on Bank's MPC committee
UK - Ian Plenderleith, a member of the Bank of England's monetary policy committee since its first meeting in June 1997, is to retire when his term finishes at the end of May.
The recession that almost was
FEATURE - It is easy to dismiss the recent global downturn as a false alarm but policymakers should learn from it, says Kenneth Rogoff in Friday's Financial Times.
IRAQ - Monetary analysis
IRAQ - The Central Bank of Iraq operates directly under the instruction of the government. As its activities are rather opaque, any analysis of policy is somewhat speculative, reports Quest Economics Database 27 March.
Speech by Dr Reddy, Reserve Bank of India, 21 Mar
SPEECH - "Establishment of a Gold Exchange would help in efficient price discovery and emergence of healthy and transparent practices in the market," RBI's Deputy Governor Y V Reddy said in a speech at a conference organised by the World Gold Council.
Speech by U Backstrom of Sveriges Riksbank, 19 Mar
SPEECH - "If resource utilization is more strained than the Riksbank now assumes or if potential growth has been overestimated, there is a risk of future inflation being higher than in the main scenario," Backstrom said in a speech following the release…
Reserve Bank of New Zealand Bulletin, March 2002
REPORT - The Reserve Bank has released the March 2002 issue of the Reserve Bank of New Zealand Bulletin, 5 April.
Speech by William Poole, St Louis Fed Bank, 4 Apr
SPEECH - In the speech titled 'Dynamics of the Recession and the Recovery' Poole said that last year's tax cuts and interest rate reductions have provided an underpinning for a solid U.S. economic recovery that could see "upside surprises" ahead.