Monetary Policy
Fedtalk from the Boston Fed, September 2002
PUBLICATION - Financial Services Update of the Federal Reserve Bank of Boston, September 2002. A newsletter about Boston Fed financial services, Fedtalk offers the latest information on check services and electronic delivery systems. The most recent…
The Region from the Minneapolis Fed September 2002
PUBLICATION - The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for September 2002. Included in this issue the Nobel prize-winning economist Robert Solow discusses his groundbreaking theory of economic growth, his…
Leader makes anti-euro view clear at UK conference
UK - Iain Duncan Smith made a clear reference yesterday to his anti-euro stance - only the second time during the week the issue that divides the Tory party had been raised by a platform speaker.
French bank chief hits at government
FRANCE - Jean-Claude Trichet, governor of the Bank of France, on Friday added his weight to criticism of the centre-right government of Jean-Pierre Raffarin for not being more ambitious in its efforts to cut its budget deficit in line with European Union…
BoJ to buy $16bn of banks' shareholdings
JAPAN - The Bank of Japan on Friday said it would buy yen 2,000bn ($16.5bn) of banks' shareholdings to make them less vulnerable to stock market swings.
Speech by J Alfred Broaddus, Richmond Fed, 2 Oct
SPEECH - Broaddus said in the speech titled 'Some Thoughts on the Economy in a Challenging Period' that by all appearances the current mood for both consumers and business people is pretty pessimistic and geopolitical risks have increased uncertainty…
Speech by Governor, Danmarks Nationalbank, 25 Sep
SPEECH - Speech by Governor Jens Thomsen, Danmarks Nationalbank. Une monnaie, l'euro, une banque centrale, 12 pays Montreal, le 25 septembre 2002.
Speech by Roger Ferguson, Federal Reserve, 9 Oct
SPEECH - Ferguson gave a speech 'Central Banks and Markets' on receiving the 2002 Distinguished Public Service Award from the Bond Market Association. In the speech he discussed the hot topic of whether central banks have a role in the control of asset…
Bank of England News Release
NEWS RELEASE - Bank of England Maintains Interest Rates at 4.0%, 10 October.
National Bank of Poland - Annual Report 2001
ANNUAL REPORT - The National Bank of Poland has published its Annual Report for the year ended 2001.
Central Bank of Peru - Annual Report 2001
ANNUAL REPORT - The Central Bank of Peru has published its Annual Report for the year ended 2001.
European Central Bank Press Release
PRESS RELEASE - Monetary policy decisions, 10 October.
IMF News Brief
NEWS BRIEF - IMF Managing Director Horst Kohler to Visit Mauritania, Algeria and Tunisia during 14-21 October.
Brussels tells new members not to rush into euro
BELGIUM - Brussels may be holding open the door to 10 new European Union members in 2004 but there were warnings yesterday that the candidate countries should not rush to join the euro.
America is not in danger of deflation
ARTICLE - For most of the postwar era, deflation has been off on the radar screen of economic policymakers in the industrialised world. The United States has not experienced a sustained fall in prices since the Great Depression. Fighting inflation, not…
Fraga urges candidates to clarify intentions
BRAZIL - Arminio Fraga, Brazil's central bank chief, on Wednesday called on the two remaining presidential candidates to deepen their commitment to sound economic policies and help calm investor concerns.
Irish central bank accused of acting like Rambo
IRELAND - Insurance brokers have accused the Central Bank of acting as a 'Rambo regulator' which discriminates against smaller brokerage operations.
Anti-deflation drive sparks BOJ fear over autonomy
ARTICLE - The central bank gets the jitters now that finance chief Takenaka takes up its challenge on economy. The Bank of Japan is worried that the government's latest campaign to stamp out deflation and buoy the economy will compromise its autonomy.
Speech by Jack Guynn President Atlanta Fed, 2 Oct
SPEECH - Guynn said in a speech to Columbus Rotary Club titled 'The U.S. Economy: Getting Back on Track' that he'd characterise the U.S. economy as plodding along but moving in the right direction - forward. The economy has basically emerged from…
Speech by Governor, Danmarks Nationalbank, 9 Sep
SPEECH - Speech by Governor Jens Thomsen of Danmarks Nationalbank 'Monetary Policy in the Shadow of a Monetary Union' at the Bank of Ghana on 9 September 2002.
Hong Kong Monetary Authority Press Release
PRESS RELEASE - Hong Kong's Latest Foreign Currency Reserve Assets Figures Released, 7 October.
European Central Bank Court of Auditors Report
REPORT - Report by the Court of Auditors on the audit of the operational efficiency of the management of the European Central Bank for the financial year 2001, together with the replies of the European Central Bank, 7 October.
European Central Bank Public Consultation
CONSULTATION - Measures to improve the efficiency of the operational framework for monetary policy, 7 October. The proposed changes are of a technical nature with euro area credit institutions and banking and financial market associations addressed under…
Heikensten: Financial risks slow down recovery
PRESS RELEASE - First Deputy Governor Lars Heikensten of the Sveriges Riksbank today, 9 October, gave a speech under the heading "Some monetary policy issues" at the Center for Business and Policy Studies' (SNS) annual conference on the economic…