Monetary Policy
Central Bank of Luxembourg - Annual Report 2001
ANNUAL REPORT - The Central Bank of Luxembourg has published its Annual Report for the year ended 2001.
Cen Bank of Solomon Islands - Annual Report 2001
ANNUAL REPORT - The Central Bank of Solomon Islands has published its Annual Report for the year ended 2001.
Brazil's Fraga says currency falls temporary
BRAZIL - Brazil's Central Bank President Arminio Fraga said on Wednesday the real currency's nosedive amid pre-election pressures was temporary and that an expected loan deal with the International Monetary Fund should help soon.
Euro-zone inflation climbs to 1.9 per cent in July
BELGIUM - Inflation in the 12-nation euro zone edged up to 1.9 per cent in July compared with the same month in 2001, the statistics body Eurostat reported on Wednesday, citing provisional figures.
Senate confirms new nominees to Federal Reserve
US - The US Senate on Wednesday confirmed President Bush's two latest nominees to the Federal Reserve Board, Princeton economist Ben Bernanke and Donald Kohn, a long-time staff aide at the central bank.
Thailand's Thaksin raps central bank on volatility
THAILAND - Prime Minister Thaksin Shinawatra yesterday took the Bank of Thailand to task for allowing "excessive volatility" in the exchange rate of the baht to the possible detriment of exporters.
Milton Friedman - A lifetime in economics
ARTICLE - In its regular Economic Insights publication the Federal Reserve Bank of Dallas pays tribute to Milton Friedman who was 90 years old yesterday (Wednesday 31 July) with "Milton Friedman-Economist as Public Intellectual". Not only does the…
UK interest rates left on hold
UK - UK interest rates have been left on hold for the ninth month running at 4%, their lowest level for 38 years.
Interest rates in europe left unchanged
GERMANY - The European Central Bank on Thursday kept interest rates unchanged for the ninth month in a row amid uncertainty over the impact of turbulent financial markets and a stronger euro on Europe's slowly recovering economy.
Federal Reserve Board - Beige Book, July 2002
REPORT - The Federal Reserve Beige Book released 31 July revealed that the U.S. economy has expanded modestly but unevenly in recent weeks, although some districts are worried about the economic impact of the stock-market plunge.
Basel Committee Publications, July 2002
REPORT - Sound Practices for the Management and Supervision of Operational Risk, 31 July.
ECB Press Release
PRESS RELEASE - Biannual information on the counterfeiting of the euro, 31 July.
ECB Press Release
PRESS RELEASE - Payment and securities settlement systems in the European Union - Addendum incorporating 2000 figures, Frankfurt am Main, 31 July.
European Central Bank Publication
REPORT - Payment and securities settlement systems in the European Union Addendum incorporating 2000 figures (Blue Book, July 2002).
Bank of England News Release
News Release - Bank Of England Maintains Interest Rates at 4.0%, 1 August.
ECB Press Release
PRESS RELEASE - Monetary policy decisions, 1 August.
Sveriges Riksbank Press Release
PRESS RELEASE - A comment from the Governor of the Riksbank, 29 July.
Chicago Fed National Activity Index, June 2002
REPORT - CFNAI returns to positive territory. In June, the Chicago Fed National Activity Index (CFNAI) was above zero for the second time this year at +0.14. The three-month moving average, CFNAI-MA3, rose to -0.03.
Main Street Economist, June 2002
REPORT - Main Street Economist June 2002 from the Federal Reserve Bank of Kansas, The New Power of Regions: A Policy Focus for Rural America By Mark Drabenstott and Katharine Sheaff.
Philadelphia Fed Business Review, 2nd Quarter 2002
REPORT - The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Second Quarter 2002.
BIS Crockett warns on 'knee-jerk' accounting cures
GERMANY - Governments should not react with 'knee-jerk' regulation to soothe public anger over accounting scandals, such as Enron and World Com, and should instead take a more considered, coordinated approach, the head of the BIS said in a newspaper on…
Barbados c bank head warns of threat to jobs
BARBADOS - Jobs might be harder to get and harder to keep as Barbados' economy continues to contract in the coming months, Marion Williams Governor of the Barbados Central Bank said at a press conference on Tuesday.
ECB shows one interest rate may be better for all
ARTICLE - The case for the Euro: Exchange rate needs to drop further before UK can safely join the euro, by Professor Robin Marris. Published in the Independent newspaper, UK, 31 July.
Two Fed nominees move towards Senate approval
US - Two highly regarded nominees for key policymaking spots on the U.S. Federal Reserve, including one with strongly held views on inflation targets, sped easily through a Senate hearing on Tuesday.