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The increasingly transparent Greenspan fed
FEATURE - Tuesday's decision by the Federal Open Market Committee that it would announce the roll call of the vote on the federal funds rate target, including the policy choice of any dissenters after each meeting, was the latest veil in its legendary…
Bies - Insolvent co's should be allowed to fail
US - The financial collapse of Enron Corp. (ENRNQ) didn't have a widespread effect on the U.S. economy, Federal Reserve Governor Susan Bies said Thursday.
Spain's Rato sees two candidates to replace Noyer
SPAIN - Spanish Economy Minister Rodrigo Rato said on Thursday that there were only two candidates to replace European Central Bank vice-president Christian Noyer, and it seemed unlikely more would come forward.
Federal Reserve Board Press Release
PRESS RELEASE - The Federal Reserve Board on Thursday announced the publication of a guide to help consumers better understand their rights and responsibilities with regard to electronic check conversion transactions.
Speech by Susan Schmidt Bies of the Fed, 21 Mar
SPEECH - In the speech titled 'Current Challenges of Community Banks' Bies stressed to bankers the need for effective management oversight by bank directors, especially in the wake of the spectacular collapse of energy-trading giant Enron.
Bank of Canada - Annual Report 2001
ANNUAL REPORT - The Bank of Canada has published its Annual Report for the year 2001, 20 March.
Bank of England Museum Exhibition - 21 March 2002
NEWS RELEASE - Royal Portrait: A Celebration of the Queen's Golden Jubilee. A unique exhibition of portraits of the Queen is to be shown at the Bank of England Museum in Bartholomew Lane, EC2.
'Father of euro' suggests common Asian currency
CHINA - Asia needs a common currency with China, Japan and the Republic of Korea at the centre, said Nobel Prize winner Robert Mundell, in China on Tuesday reports New China News Agency.
Brown to give euro evidence
UK - Chancellor Gordon Brown is to appear before a key committee of MPs to answer detailed questions about the government's economic tests for entering the euro.
Irish central bank calls for risk control review
IRELAND - Ireland's central bank on Wednesday said it had told all the country's credit institutions to review their risk control systems in the wake of the $691 million trading scandal at Allied Irish Banks.
FSA chief warns Europe on bank takeovers
UK - Sir Howard Davies yesterday called on fellow European regulators to allow foreign takeovers of banks, warning that nationalistic limits on bank ownership were a block to a single financial market.
Interest rates may not rise says Bank governor
UK - Sir Edward George, governor of the Bank of England, yesterday hinted that interest rates may not need to rise this year.
Kosovo to get central bank - Says report
KOSOVO - Banking and Payments Authority of Kosova [Kosovo] will transfer many of its services to commercial banks, since from now on, it will have the role of the central bank, its officials said at the promotion of the programme for bank transactions in…
Belgian econ cycle may lead eurozone by 1 quarter
BELGIUM - Belgium's business cycle leads the eurozone cycle by one calendar quarter, according to a study by the Belgian Planning Bureau, the government's economic think tank, reports Reuters.
Greece hopes EU will back Papademos for ECB VP
GREECE - Greece hopes other European Union members will support Bank of Greece governor Lucas Papademos' candidacy for the vice-presidency of the European Central Bank, the government said Wednesday.
MPC unanimity points to end of easing
UK - The interest-rate easing cycle may finally be over in the U.K. That seems the conclusion to be drawn from the latest set of Monetary Policy Committee meeting minutes, released by the Bank of England Wednesday. In a speech given Tuesday the Bank of…
Russian Duma approve Ignatyev as central bank head
RUSSIA - Russia's lower house of parliament, the State Duma, Wednesday approved Sergei Ignatyev as chairman of the central bank.
Issing, Euro 12 govts must speed up reform in 2002
BELGIUM - Euro-zone governments should take advantage of this year's economic recovery and speed up structural reforms shelved last year owing to the downturn, European Central Bank chief economist and executive board member Otmar Issing said Tuesday.
European Parliament Press Release
PRESS RELEASE - ECB confident on recovery and on inflation soon falling below 2%, 20 March.
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes from the MPC meeting 6-7 March, released 20 March.
Joint Press Release
PRESS RELEASE - The federal financial institutions supervisory agencies today announced that the financial institutions they supervise should follow the guidance issued by the U.S. Securities and Exchange Commission with respect to auditing and…
Federal Reserve Press Release, 19 March
PRESS RELEASE - The Federal Open Market Committee decided today to keep its target for the federal funds rate unchanged at 1-3/4 percent.
Bank of England/NOP Inflation Attitudes Survey
NEWS RELEASE - Bank of England/NOP Inflation Attitudes Survey, 19 March.
Speech by Edward George, Bank of England, 19 Mar
SPEECH - In the speech George again sought to reassure markets that last year's series of interest rate cuts was unlikely to be reversed any time soon.