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Reserve Bank of Australia Bulletin, February 2002
REPORT - RBA Recent Developments in Small Business Finance, 21 February 2002.
Reserve Bank of Australia Bulletin, February 2002
REPORT - RBA Statement on Monetary Policy, 21 February 2002.
Bank of England Working Paper
RESEARCH - Bank of England Working Paper Series, How uncertain are the welfare costs of inflation? by Hasan Bakhshi, Ben Martin and Tony Yates, 22 February.
Economist may be top candidate for Fed role
US - A highly regarded economist is one of the top candidates for one of two vacancies on the Federal Reserve Board of Governors, an administration official said Wednesday.
Jockeying begins as candidates line up for ECB job
UK - EU governments are marshalling their candidates to succeed Christian Noyer when he steps down on 31 May as vice-president of the European Central Bank.Guy Quaden, the governor of the Belgian central bank, yesterday removed his name from the…
Armenia's c bank chief to take part in seminar
ARMENIA - The head of Armenia's Central Bank Tigran Sargsian today left for London for participation in the seminar "Poverty reduction, growth and debt sustainability in the low-income countries of CIS", which will be held on 21-22 Feb.
German sale plan triggers gold slump
GERMANY - The price of gold fell on 20 February 2002 following comments by the president of Germany's Bundesbank.
Beijing set to cut rates as deflation fears return
CHINA - China is set to cut interest rates today for the first time in more than two-and-a-half years to combat a return of the deflationary pressures Beijing fought so hard to banish during the Asian financial crisis.
Tokyo plays down prospect of bank boost
JAPAN - The Japanese government yesterday played down speculation that it was preparing a large capital injection into the wobbly banking system before the end of next month, when a government blanket guarantee on bank deposits will be lifted.
Anger at Hain over timetable for joining euro
UK - The UK Treasury has signalled its anger at Peter Hain, the minister for Europe, for laying out a possible timetable for euro membership.
Stanley Fischer - An Economic Insider's View
FEATURE - Few people are ever privy to how world leaders try to cope with their economic woes. But from his position at the IMF, Stanley Fischer certainly was.
Speech by Nobuyuki Nakahara, Bank of Japan, 11 Dec
SPEECH - In the speech titled 'The Japanese Economy and Monetary Policy in a Deflationary Environment' Nakahara said the central bank should take radical monetary steps, including buying 200 billion yen ($1.59 billion) a month of foreign bonds or using…
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada Governor reviews Canada's experience with inflation targets and a flexible exchange rate.
Speech by David Dodge of Bank of Canada, 20 Feb
SPEECH - In the speech titled 'Canada's Experience with Inflation Targets and a Flexible Exchange Rate: Lessons Learned' Dodge said that both Canada and the global economy seem to have turned the corner, and believed modest growth in Canada would pick up…
Speech by Fed Reserve Governor Ed Gramlich, 20 Feb
SPEECH - In the speech titled 'Consumption and the Wealth Effect: The United States and the United Kingdom' Gramlich said the run-up in household wealth in the late 1990s - in the form of rising stock and home prices - clearly affected consumer spending,…
Speech by Miyako Suda of the Bank of Japan, 5 Nov
SPEECH - Based on a speech given by Miyako Suda, Member of the Policy Board, at the Meeting on Economic and Financial Matters in Saitama on November 5, 2001. It is a translated and revised version of the Japanese text released in November. Released 25…
Shortlist narrows for vice-presidency of ECB
BELGIUM - The field of candidates for one of Europe's top policymaking posts, the European Central Bank's vice-presidency, narrowed yesterday after a potential front-runner from Belgium declared himself unavailable for the job.
Nations start line up for Washington rollover
UK - The announcement last week that Wim Duisenberg is to retire as head of the European Central Bank, and the comments by Bundesbank governor Ernst Welteke Tuesday that Germany may sell some of its gold, has revived industry speculation that the…
UK could join euro in less than 2 years
UK - Britain could introduce euro notes and coins less than two years after a single currency referendum, Peter Hain said on Tuesday.
Give Wadhwani a longer run at Bank
FEATURE - Sushil Wadhwani has denied a stock market rumour that he asked Gordon Brown to keep his seat on the Bank of England's Monetary Policy Committee after his three-year term expires in May.
Swedish c.banker says inflation expectation stable
SWEDEN - Inflation expectations in Sweden are stable and other economic indicators, too, are in good shape, Swedish central bank deputy governor Kristina Persson said on Wednesday.
Quaden - Rates appropriate for foreseeable future
BELGIUM - The euro-zone economy has bottomed out and recovery should start in the second half of this year, with some countries seeing a rebound already in the second quarter, European Central Bank governing council member Guy Quaden said Tuesday.
Colombian c bank report 2001 net income of $533.7m
COLOMBIA - The Colombian central bank posted 2001 net income of 1.22 trillion pesos ($533.7 million), officials said.
BOE minutes - MPC voted 7-2 to hold repo rate 4.0%
UK - Seven members of the Bank of England's Monetary Policy Committee voted to keep the repo rate on hold at 4.0% in February, according to minutes of the meeting released Wednesday.