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Central bank research paper by Alain Durre
RESEARCH - Would it be optimal for central banks to include asset prices in their loss function? by Alain Durre, Universite Catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
IMF News Brief
NEWS BRIEF - IMF's Kohler: Good Start to New Relationship with Argentina IMF Managing Director Horst Kohler said in Washington, D.C. today (13 February).
IMF Press Briefing by Thomas Dawson
PRESS BRIEFING - Transcript of a Press Briefing by Thomas Dawson, Director, External Relations Department, International Monetary Fund, 13 February.
Townhall Meeting with IMF and World Bank leaders
MEETING - IMF Managing Director Horst Kohler and World Bank President James Wolfensohn with Civil Society Representatives Participating in the International Conference on Poverty Reduction Strategies, moderated by Warren Nyamugasira, Uganda National NGO…
ECB Working Papers Series
RESEARCH - Performance of monetary policy with internal central bank forecasting, by Seppo Honkapohja and Kaushik Mitra, February 2002.
Speech by Jurgen Stark of the Bundesbank, 13 Feb
SPEECH - The speech was given on the presentation of the report "IT innovations and financing patterns: Implications for the financial system". The report was prepared by a Working Group of the Committee on the Global Financial System (CGFS) composed of…
Speech by David Dodge of Bank of Canada, 31 Jan
SPEECH - In the speech Dodge said "Movements in the Canada-U.S. exchange rate do not yet appear to have reflected the recent developments in our economy. And to the extent that the recent depreciation of the Canadian dollar risks affecting consumer and…
Speech by Eva Srejber of Sveriges Riksbank, 13 Feb
SPEECH - In the speech titled 'A reunited Europe - the roles played by Sweden and the Riksbank' Srejber said "When the Riksbank makes its inflation forecasts, central and eastern Europe will move gradually from being a brief footnote to becoming an…
Latvian parl't approves Ruselis c.bank deputy head
LATVIA - A Latvian parliament spokeswoman said on Thursday lawmakers approved financier Andris Ruselis as the central bank deputy president, whose tasks will include preparing the country for eventual adoption of the euro.
ECB Feb bulletin - Reiterates Duisenberg remarks
GERMANY - The European Central Bank Thursday repeated that interest rates in the euro zone remain at an appropriate level and that it expects a gradual economic recovery this year.
Polish govt strategy breeds more caution
POLAND - Two weeks after Poland's left-wing government issued an ambitious five-year strategy to kick-start slumping economic growth, the National Bank of Poland has maintained a stony silence.
Russian gov't to suggest amendments to c bank bill
RUSSIA - The Russian government intends to suggest its amendments to the Bill on the Central Bank of Russia before the second reading, Deputy Prime Minister, Finance Minister Alexei Kudrin told reporters.
Havel to re-appoint Niedermayer to CNB Bank Board
CZECH REPUBLIC - President Vaclav Havel will re-appoint central bank CNB vice-governor Ludek Niedermayer, whose six-year mandate would expire on 27 February, to the Bank Board for another term on Friday, presidential spokesman Ladislav Spacek told CTK…
New US stock market rules unveiled
US - The US stock market regulator has proposed new rules for faster corporate disclosures, in the first reform taken in the wake of the Enron scandal.
Argentine peso strengthens
ARGENTINA - It is now three days since Argentina allowed its currency, the peso, to float freely for the first time in more than a decade and so far the peso has held its own, contrary to many experts' predictions.
Gay online bank shuts down
US - The first online bank aimed at the gay and lesbian community in the US is to close after admitting it could not make a profit in the current economic climate.
Succession scramble at ECB
FEATURE - For those few who enjoy the subtleties of central banking politics, a glacial but important semantic change has occurred over the past couple of years.
ECB Press Release
PRESS RELEASE - Annual hard copy publication of the: List of Monetary Financial Institutions and institutions subject to minimum reserves as at the end of December 2001, 14 February.
Venezuela's currency in freefall
VENEZUELA - Venezuela's currency has plummeted 25% against the US dollar after the government scrapped five-year-old exchange rate controls.
ECB Monthly Bulletin, February 2002
REPORT - The European Central Bank has published its latest Monthly Report for February 2002.
Speech by Christian Noyer of the ECB
SPEECH - Noyer called the speech 'Success factors of the euro and the ECB' and said the euro is undervalued against the dollar, but added it was "very difficult" to tell when the euro would rebound, 13 February.
St Louis Fed's Poole - Markets must understand Fed
US - St. Louis Federal Reserve President William Poole said on Wednesday that it was important financial markets understand the goals and plans of monetary policymakers.
Speech by William Poole of the St. Louis Fed Bank
SPEECH - In the speech titled 'The Role of Anecdotal Information in Fed Policymaking' Poole said that with formal data giving an incomplete and often delayed picture of the economy, including in the key areas of growth and inflation, anecdotal…
ECB's Noyer - Euro Undervalued Vs Dollar
EUROPE - European Central Bank Vice President Christian Noyer said Wednesday the euro is undervalued against the dollar, but added it was "very difficult" to tell when the euro would rebound.