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Capital flow and soundness of regulation
LETTER - A letter published in the London Financial Times, 8 January 2002.
Argentina's woes are not solved
ARTICLE - The new Argentine government of President Eduardo Duhalde has started decisively. It took little time to devalue the peso and sketch out a new economic strategy. But the policy remains full of holes. Rather than follow the successful recent…
Canada economy on track for recovery - BOC's Dodge
CANADA - Bank of Canada Governor David Dodge said on Saturday he still expects the Canadian economy to improve by the second half of 2002.
Speech by David Dodge of Bank of Canada
SPEECH - In the speech titled 'Inflation Targeting in Canada: Experience and Lessons' Dodge said that he still expects the Canadian economy to improve by the second half of 2002 and that the Canadian economy may actually have grown in the fourth quarter…
Santomero - Fed's ability to mend econ is limited
US - The Federal Reserve, which engaged in a nearly solitary struggle to keep the U.S. economy from collapsing last year, isn't capable of mending the economy on its own, a top policymaker for the U.S. central bank said Saturday.
Thai dep governor Kitti to leave at end of month
THAILAND - The Bank of Thailand said Monday that Deputy Governor Kitti Patpong-pibul had submitted a resignation letter to the Finance Ministry and will leave the central bank at the end of the month.
ECB - ATM conversion to euro now finalised
GERMANY - The conversion of automated teller machines, or ATMs, is now finalised, the European Central Bank said Monday in an update on the euro cash changeover.
BIS c bankers see Japan's recession into 2002
SWITZERLAND - Japan's economic slump will continue throughout 2002, central bank governors from 11 major countries agreed during a monthly meeting of the Bank for International Settlements (BIS) on Monday.
China mulls boosting euro reserves
CHINA - Just as the initial euphoria from the introduction of notes and coins wears off, the euro has received a boost from news that China could be buying more euros to reduce its reliance on the dollar.
Japan seeks support for bank rescue
JAPAN - Japanese finance minister Heizo Takenaka is on his way to Washington in a bid to enlist US support for bailing out Japan's top banks, many of which are burdened by a mountain of bad debt.
Cautious reaction to peso devaluation
ARGENTINA - The Argentine people have reacted cautiously to their new government's decision to devalue the peso and end 10 years of parity with the US dollar in a dramatic bid to save the collapsing economy.
ECB Press Conference
PRESS CONFERENCE - Introductory statement by Willem F. Duisenberg, President of the European Central Bank, Christian Noyer, Vice-President of the European Central Bank, Frankfurt am Main, 3 January 2002.
Joint Press Conference on the euro introduction
PRESS CONFERENCE - Joint press conference given by the EU Presidency, the European Central Bank, and the European Commission on the introduction of the euro banknotes and coins, Frankfurt am Main, 3 January 2002.
Speech by Wim Duisenberg, President of the ECB
SPEECH - Keynote address by Dr. Willem F. Duisenberg, President of the European Central Bank, at an awards ceremony and press conference held on the eve of the introduction of the euro banknotes and coins, Frankfurt am Main, 31 December 2001.
Speech by Dino Kos of the Reserve Bank of New York
SPEECH - Remarks by Dino Kos, Executive Vice President, Federal Reserve Bank of New York before the Bond Market Association, Repo and Securities Lending Conference, Roosevelt Hotel, New York, 6 December 2001.
Speech by Kazuo Ueda of the Bank of Japan
SPEECH/ PAPER - A paper based on a speech given by Kazuo Ueda, Member of the Policy Board of the Bank of Japan, at the semi-annual meeting of the Japan Society of Monetary Economics on 29 September 2001. Previously this was only available in Japanese…
Speech by Anne Krueger of the IMF
SPEECH - Address by Anne Krueger, First Deputy Managing Director, International Monetary Fund, given at the Indian Council for Research on International Economic Relations, Delhi, India, 20 December.
Speech by Bob McTeer of the Dallas Fed Bank
SPEECH - Speech by Bob McTeer, President and CEO, Federal Reserve Bank of Dallas before the Breakfast Plenary of the Team Canada West Mission to Dallas, Dallas, 28 November.
Rojo: Keynesian policies are no longer an option
SPAIN - Perhaps the most influential economist in Spain in recent times, Luis Angel Rojo has devoting most of his professional career to servicing the Spanish economy in the country's central bank, the Bank of Spain. In an interview with El Pais…
Argentina's route to salvation
ARGENTINA - A competitive exchange rate, a more open economy and sound banks should be the priorities, says Ricardo Haussmann professor of economic development at Harvard in Todays's Financial Times.
Bank of Finland finds faulty 500-euro notes
FINLAND- The Bank of Finland said on Friday it had found some flawed 500-euro banknotes and said more defective notes could be in circulation.
UK Interest rates may have to rise: George
UK: The Governor of the Bank of England last night warned that interest rates might have to be raised to moderate consumer demand.