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ECB holds rates steady
EUROPE - The European Central Bank (ECB) has left its key interest rate unchanged at 3.25% on Thursday at its last meeting before the introduction of euro notes and coins in January.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan at George Washington University, the Robert P. Maxon Lecture, Washington, D.C. 3 December.
IMF Working Paper - Inflation Targeting
RESEARCH - Inflation Targeting and the Unemployment-Inflation Trade-off by Eric Clifton, Hyginus Leon and Chorng-Huey Wong, International Monetary Fund, October 2001.
World Bank: more globalisation
US - A new report from the World Bank argues that globalisation has helped reduce world poverty, but still has more to do.
IMF blocks loan to Argentina
ARGENTINA - The International Monetary Fund has disappointed Argentina by effectively blocking a $1.3bn loan payment.
Report from the Federal Reserve Bank of Chicago
REPORT - A slight increase in the nation's economic growth for 2002 is anticipated by participants at the Chicago Fed's Economic Outlook Symposium. The group provided forecasts for major components of real GDP and other key statistics.
Speech by Kristina Persson of Sveriges Riksbank
SPEECH - Speech by Deputy Governor Kristina Persson of Sveriges Riksbank, Sweden's central bank, at a seminar at Svensk Handel, 16 November.
BoC Dodge says low rates best way to support econ
CANADA - Bank of Canada governor David Dodge in a speech on Thursday 29 November said the best way to support the country's economy was to boost growth by cutting interest rates - which is what the central bank was doing.
US Treasury 'will not dictate policy' to Japan
US - The US will not urge Japan to buy foreign-denominated bonds to stimulate its ailing economy, Kenneth Dam, the deputy US Treasury secretary, said yesterday, Tuesday.
Chicago Fed finds U.S. economic gloom deepening
US - An index tracking U.S. economic activity fell in October to its lowest level since the last recession, the Federal Reserve Bank of Chicago said on Wednesday.
Swedish cen bank holds rate, cuts growth forecast
SWEDEN - Sweden's central bank, the Riksbank, left its key repo rate unchanged at 3.75 percent as expected on Wednesday, saying inflation should be in line with its two percent target over the next two years.
Bank of France euro workers go on 24 hour strike
FRANCE - Bank of France workers responsible for distributing euro notes went on strike for 24 hours on Tuesday, the latest in a series of labour disputes to disrupt the introduction of the single currency in France.
Brazil Senate panel okay Parnes as c bank director
BRAZIL - Brazil's Senate Economics Committee Tuesday approved the nomination of economist Beny Parnes as central bank international affairs director.
Sweden offers role model for UK financial watchdog
SWEDEN - Sweden offers role model for UK's financial watchdog - The FSA could learn from the experiences of the pioneering Nordic regulator, writes Christopher Brown-Humes in London FT, 4 December.
Brazil c bank criticised for paranoia
BRAZIL - The Central Bank has come under criticism for giving too much priority to its inflation targets. On Tuesday, Rio de Janeiro federal university economics professor Reinaldo Goncalves said "a anti-inflation paranoia" has been created, leaving…
Russia approves c bank version of banking reform
RUSSIA - The Central Bank, the Finance Ministry and the Economic Development Ministry have submitted to the government an agreed-upon document on the development strategy for the banking sector.
Germany's CEI - Further ECB rate cuts unnecessary
GERMANY - There's no need for the European Central Bank to cut interest rates any further in coming weeks, the head of Germany's Center for European Integration Studies said.
Speech by Deputy Gov of the Reserve Bank of India
SPEECH - Inaugural address delivered by Shri Vepa Kamesam, Dy. Governor, Reserve Bank of India at Administrative Staff College of India, Hyderabad at a programme on 'Governance in Banks and Financial Institutions' on 22 November.
Sveriges Riksbank Inflation Report 4th Q 2001
REPORT - The central bank of Sweden today, 5 December, published its Inflation Report for 4th Quarter 2001.
BoE leaves UK rates unchanged at 4 per cent
UK - The Bank of England on Wednesday left its key lending rate steady at a 37-year low of 4.0 percent.
Monetary Policy statement from Sveriges Riksbank
NEWS RELEASE - Repo rate retained unchanged at 3.75 per cent, 5 December.
Speech by David Dodge of Bank of Canada
SPEECH - Opening Statement by David Dodge, Governor of the Bank of Canada before the Standing Senate Committee on Banking, Trade and Commerce, 29 November.
Australia cuts rates as growth surges
AUSTRALIA - Australia's central bank has taken out an insurance policy against slower economic growth with a quarter-point interest rate cut to 4.25 per cent, taking rates to a 28-year low.