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The Federal Reserve Beige Book
REPORT - The Federal Reserve published on 24 October its regular Summary of Commentary on Current Economic Conditions by Federal Reserve District known as the Beige Book.
Speech by David Dodge, Governor of Bank of Canada
SPEECH - Remarks by David Dodge, Governor of the Bank of Canada, to the Greater Moncton Chamber of Commerce and the Conseil economique du Nouveau-Brunswick, Moncton, New Brunswick, 24 October.
Speech by Joseph Yam, Chief Executive of the HKMA
SPEECH - Speech by Joseph Yam, Chief Executive of the Hong Kong Monetary Authority at the Hong Kong Institute of Bankers Lunch Talk 24 October.
Speech by Anthony Santomero of Philadelphia Fed
SPEECH - Remarks before the Canadian Association for Business Economics Toronto, Canada, presented by President Santomero of the Federal Reserve Bank of Philadelphia, 15 October.
Euro campaigners point to inward investment fall
UK - Pro-euro campaigners yesterday claimed that exclusion from the single currency was beginning to hit the economy, with the news that Britain's share of European inward investment projects had fallen sharply to 21 per cent in the first half of this…
China central bank says deflation still a problem
CHINA - The threat that deflation will re-emerge continues, as domestic consumption remains weak, a senior central bank official wrote in a weekend article.
Koh Yong Guan to be new MAS managing director
SINGAPORE - Mr Koh Yong Guan, Permanent Secretary for National Development Ministry, will take over from Mr Tharman Shanmugaratnam as the managing director of the Monetary Authority of Singapore from Monday.
BOK site flooded with Netizen visitors
SOUTH KOREA - The Bank of Korea (BOK) is drawing more interest in cyberspace, with the BOK reporting that its web site has recorded a monthly average of about 134,000 hits so far this year, twice as much as two years ago.
Schroeder: ECB monetary policy can be improved
GERMANY - German Chancellor Gerhard Schroeder said Friday that the European Central Bank's monetary policy could be improved.
Shadow Group tells Fed to end rate cuts
US - In studying the Federal Reserve for six decades, Anna Schwartz has witnessed some of the Fed's most aggressive interest rate reductions, such as those after the Korean War, before Richard Nixon's re-election and during Ronald Reagan's second year of…
Heikensten - Policy could move in either direction
SWEDEN - The first deputy governor of Sweden's Riksbank, Lars Heikensten, on Tuesday noted that inflation should fall to target levels in the long-term, but near-term uncertainties mean monetary policy could either be eased or tightened in the months…
Top Singapore civil brass in reshuffle
SINGAPORE - The chiefs of Singapore's central bank and trade ministry announced their resignation yesterday, paving the way for their likely entry into politics.
Fourth Bank member alludes to rate cut
UK - Kate Barker last night became the fourth member of the Bank of England's monetary policy committee in a week to hint at approval for future interest rate cuts. Her hint came in a speech to bankers and economists in Edinburgh.
Soiled notes turn to paper bricks!
INDIA - The Gujarat headquarters of the Reserve Bank of India (RBI) has installed a Rs 2 crore note-shredder imported from the Netherlands at its regional head-office near Gandhi bridge, said regional director, RBI-Gujarat VS Das.
Alan Greenspan applauds US financial system
US - The US is blessed with a financial system that is "creative, flexible and innovative", said Alan Greenspan, chairman of the Federal Reserve, in a pre-recorded speech to the American Bankers Association.
Research from the Minneapolis Federal Reserve Bank
RESEARCH - The Federal Reserve Bank of Minneapolis has published research on the supervisory process in the September 2001 edition of The region, its regular quarterly publication.
Very short excerpt from Dallas Fed speech
SPEECH - An excerpt (very short) from speeches by Bob McTeer, President and CEO, Federal Reserve Bank of Dallas before the Texas Economic Development Council and Best Southwest Partnership, Dallas, Texas, 20 September.
Speech by Lars Heikensten of Sweden's central bank
SPEECH - Speech by First Deputy Governor Lars Heikensten of Sveriges Riksbank, Sweden's central bank, Stockholm, 23 October.
Speech by Kate Barker of the Bank of England
SPEECH - Speech by Kate Barker, Member of the Monetary Policy Committee of the Bank of England delivered at the Royal Bank of Scotland/ Scottish Economic Society Annual Lecture, Edinburgh on 23 October.
Speech by Alan Greenspan of the Federal Reserve
SPEECH - Remarks by Chairman of the Federal Reserve Board Alan Greenspan at the American Bankers Association's Virtual Annual Convention (taped statement) 23 October.
Regulators seek more data about credit derivatives
US - U.S. bank regulators, saying the notional amount of credit derivatives at banks has increased more than sixfold since 1997, from $55 billion to $352 billion, are proposing new reporting requirements on credit derivatives.
Soros lashes out at ECB
US - George Soros, the billionaire financial expert, has lashed out at the monetary policy of the European Central Bank (ECB).
Rate cut row mars summit
GERMANY - The European Union has called for the European Central Bank (ECB) to take "further decisive action" in easing monetary policy in order to boost the eurozone's economy.
Can Alan save the day again?
ARTICLE - Probably not. In the past decade, we've created inflated ideas of the Federal Reserve's power.