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Faites vos jeux The ECB needs a new vice-president
FEATURE - A routine letter, says the European Central Bank. Maybe, say those who watch the ECB. But a reminder, still, about the fun in the next few months, with luck at the expense of some very important Frenchmen.
NZ's Brash - Encouraging signs from US
NEW ZEALAND - Reserve Bank of New Zealand Governor Donald Brash said Friday that there are "encouraging" signs of improvement from the U.S. but Japan remains the biggest risk to the local economy.
Sjahril's verdict on 6 March
INDONESIA - The Central Jakarta District Court is scheduled to present its verdict on Bank Indonesia Governor Sjahril Sabirin on 6 March.
Reserve Bank of New Zealand - News Release
NEWS RELEASE - Reserve Bank of New Zealand OCR unchanged at 4.75 per cent, 23 January.
Reserve Bank of Australia - Media Release
MEDIA RELEASE - Appointment of Dr Malcolm Edey as Assistant Governor (Economic), 23 January 2002.
Speech by Jarle Bergo, Dep Governor Norges Bank
SPEECH - Bergo says in the speech we must be prepared for changes in the functioning of the economy over time and that one knows precisely how different shocks will affect the economy or what effects fiscal and monetary policy instruments will have. A…
Speech by Reserve Bank of New Zealand Governor
SPEECH - In the speech titled 'An indebted people' Brash said that there are "encouraging" signs of improvement from the U.S. but Japan remains the biggest risk to the local economy.
Testimony of Fed Chairman Alan Greenspan
SPEECH - In his testimony before the US Senate titled 'The state of the economy' Greenspan said that the US economy seemed finally to be climbing out of recession.
Speech by Dr Bimal Jalan, Reserve Bank of India
SPEECH - In the speech 'India and Globalisation' Bimal Jalan said that Indians have to increase their work efficiency and productivity to match global standards. India is nowhere even close to being globalised in terms of the commonly used indicators…
Speech by Urban Backstrom of Sveriges Riskbank
SPEECH - Urban Backstrom said in the speech that in order to reduce the risk of financial market imbalances, it is important that we have a well thought-out legislative, regulatory and supervisory infrastructure that functions properly and follows any…
Greenspan: US economy is picking up
US - The US economy seems finally to be climbing out of recession, Federal Reserve chairman Alan Greenspan said.
French firm sues over euro notes
FRANCE - Have euro notes design breached copyright? A French company claims a map of Europe printed on every euro bank note breaches a copyright it owns on the design. The ECB does not agree.
How to find a president for the ECB
FRANCE - A short question and answer session about the European Central Bank presidency published in the London edition of the Financial Times, 24 January.
US economists to free up Argentine bank system
ARGENTINA - Adam Lerrick and Allan Meltzer, two prominent US economists, have proposed a new scheme to allow Argentines to use the money locked up in the banking system without triggering a collapse of the banks - arguably the single largest problem…
FSA acts to tighten assurers' solvency reports
UK - The Financial Services Authority plans to tighten rules that were used by Equitable Life, the troubled mutual life assurer, to bolster its reported financial strength.
Voters 'will back euro' if economic tests passed
UK - Tony Blair would win a euro referendum just by saying that Britain had passed the five economic tests for joining, according to a poll published on Wednesday.
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada lowers key policy interest rate by 1/4 percentage point to 2 per cent, 15 January.
Speech by David Dodge, Governor of Bank of Canada
SPEECH - In the speech Dodge said that economic developments in Canada since the November Report, and the profile for growth outlined in the Update, suggest that the amount of slack in the economy through 2002 will likely be somewhat greater than assumed…
Bank of Canada Monetary Policy Report Update
REPORT - The Bank of Canada has released its Update to the November Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy, 23 January.
ECB sees gradual recovery in 2002, lower inflation
GERMANY - The European Central Bank said on Thursday the euro zone economy showed signs of a recovery later this year and reiterated inflation should drop safely below its two-percent ceiling.
ECB Monthly Bulletin January 2002
REPORT - The European Central Bank published its January 2002 Monthly Bulletin on 24 January.
Speech by US Treasury Secretary Paul O'Neill
SPEECH - In a sign of growing U.S. alarm over the state of Japan's economy, US Treasury Secretary Paul O'Neill scrapped the Bush administration's no-lecture policy toward the Japanese government and said "decisive actions" are needed to return Japan to…
Fed's Poole - C banks mustn't risk price stability
US - St. Louis Federal Reserve President William Poole warned on Monday that central banks should not chase economic stability at the expense of stable prices.
Speech by William Poole of the St. Louis Fed Bank
SPEECH - Poole said in the speech titled 'Flation' that within the confines of the goal of price stability, the central bank has some flexibility to lean against fluctuations in output and employment but that this goal should not be compromised in…