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Speech by David Dodge, Governor of Bank of Canada
SPEECH - Opening Statement by David Dodge, Governor of the Bank of Canada before the House of Commons Standing Committee on Finance 7 November.
ECB Press Release - Monetary policy decisions
PRESS RELEASE - European Central Bank press release on interest rate decisions, 8 November.
Bank of England cuts rates by 0.5%
UK - The Bank of England on Thursday cut Britain's interest rates half a point, taking its key repo rate to a 37-year low of 4.0 percent, in a bid to insulate the country from the threat of global recession.
News release from the Bank of England
NEWS RELEASE - Bank Of England Reduces Interest Rates by 0.50% to 4.0%, 8 November.
IMF Staff Report on Germany
REPORT - IMF Publications Germany: 2001 Article IV Consultation--Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion Series, 7 November.
IMF sees continued gloom for Germany
GERMANY - The German economy should recover from its slowdown in the first half of next year, but business confidence is frail and the government has little room to pursue fiscal expansion, the International Monetary Fund said yesterday, Wednesday.
Argentina inches closer to debt deal
ARGENTINA - Argentina has edged closer to settling a debt swap deal to save it from defaulting on its international borrowings and effectively going bankrupt.
Glenn Stevens tipped as new RBA dep gov
ARTICLE - Reserve Bank of Australia Assistant Governor Glenn Stevens is the clear favorite among a small field of contenders to fill the shoes of Deputy Governor Stephen Grenville, who retires 30 November.
Selection of Russia's central bank auditor
RUSSIA - During a meeting of the Duma commission for the choice of an auditor for the Central Bank, deputies failed to choose between a Western or a Russian company and to decide whether two companies or one should audit the Central Bank.
Armenia central bank puts silver coins into system
ARMENIA - The Central Bank of Armenia has put into circulation 170 silver and 30 gilded coins with denomination of 100 AMD on 6 November 2001.
Bank of France aims to maintain note printing
FRANCE - The Bank of France has "the firm intention of remaining an important player on the European money printing market", according to Michel Perdrix, managing director of the note printing unit at the French central bank.
IMF to offer aid to countries in Caribbean
CARIBBEAN - The International Monetary Fund will help Caribbean countries whose economies have been troubled by the slowdown in the global economy and by the attacks on the US, according to Horst Kohler, the fund's managing director.
Credit card issuers to benefit from Fed rate cut
USA - Issuers of credit cards, hurt by concerns the weakening economy will ramp up charge-off rates, may get a respite from the latest round of interest rates cuts by the Federal Reserve.
Australian economy stronger than US - Costello
AUSTRALIA - Australian Treasurer Peter Costello said Wednesday that a decision by the Reserve Bank to keep interest rates steady after its board meeting Tuesday isn't surprising given the country is in the midst of an election campaign.
Argentine debt swap 'constitutes default'
ARGENTINA - Fitch, the international ratings agency, said yesterday that Argentina's debt restructuring, launched yesterday, constituted a default.
Duisenberg gives green light for ECB rate cut
EUROPE - European Central Bank President Wim Duisenberg appeared Monday to give the green light for an interest rate cut this week as euro-zone finance officials sounded a cautious note about the economic outlook for the 12-member bloc.
Bank of Canada Review Autumn 2001
RESEARCH - A New Measure of Core Inflation by Tiff Macklem. Short summary.
European Parliament Press Release
PRESS RELEASE - Committee on Economic and Monetary Affairs. Euro change-over: MEPs demand bigger effort from banks and retailers, 7 November.
Federal Reserve Press Release
PRESS RELEASE - Monetary policy decisions by the Federal Reserve Board, 6 November.
Australia leaves interest rates unchanged
AUSTRALIA - Australia's central bank has opted to keep its interest rates unchanged on Wednesday despite the US Federal Reserve cutting its key overnight rates by 50 basis points to its lowest level in 40 years.
Federal Reserve cuts rates to lowest since 1961
UNITED STATES - Struggling to reverse the slide in the U.S. economy, or at least to slow it, the Federal Reserve cut short-term interest rates on Tuesday by half a percentage point, to 2 percent, the lowest level since the 1960s.
Speech by Tony Latter, Deputy Chief Executive HKMA
SPEECH - Address by Tony Latter, Deputy Chief Executive, Hong Kong Monetary Authority at the Seminar Programme of the FOW Derivatives Expo, Hong Kong, 5 November.
Kuwait's central bank upgrades its internet site
KUWAIT - Kuwait's Central Bank (CBK) has launched its upgraded Internet site, accessible at www.cbk.gov.kw, CBK Governor, Sheikh Salem Abdul Aziz al Sabah, said on 5 November 2001.
Bulgarian mint to be split from central bank
BULGARIA - The mint of the Bulgarian National Bank (BNB), which prints Bulgarian levs, will be split from the BNB and transformed into a state-owned joint stock company as of 2002.