Monetary Policy
Bank of England News Release
NEWS RELEASE - New deputy agents appointed at the Bank of England, 22 April.
An overview of the Federal Reserve System
FEATURE - In an interesting article Hoover's Company Profiles look at the history of the Federal Reserve. The Federal Reserve Act followed the panic which ensued after the failure of New York's Knickerbocker Trust Company in 1907. J. P. Morgan strong…
European Parliament Press Release, 23 April
PRESS RELEASE - All clear for new ECB Vice-President.
More cogitating about world 'after Alan'
FEATURE - As various people remind us on an increasingly frequent basis, it's not too early to be speculating about the Greenspan succession question.
Testimony of Fed Chairman Alan Greenspan, 23 Apr
TESTIMONY - Federal Reserve Chairman Alan Greenspan told the Senate Banking Committee Tuesday that the board opposes proposals in Congress to raise deposit insurance coverage above its current cap of $100,000 per account.
ECB report says conditions right for recovery
GERMANY - European Central Bank chief Wim Duisenberg said on Tuesday conditions were right for a euro zone economic recovery although there was still uncertainty about its strength.
Trichet cautious over c bank asset price reactions
USA - People who make monetary policy should be very cautious about taking asset prices into account when they make their decisions, Jean-Claude Trichet, governor of the Bank of France, said in a speech in Chicago Tuesday.
Speech by Governor, Austrian Nationalbank, 9 Apr
SPEECH - In a speech titled 'The euro and European integration - an Austrian viewpoint' Liebscher called for continued adherence to the stability and growth pact throughout the euro zone. He called on euro zone countries to continue to prove their…
IMF Press Conference
PRESS CONFERENCE - Transcript of a Press Conference Following The International Monetary and Financial Committee Meeting, Washington, D.C., 20 April.
Press Briefing with G-24 Ministers
PRESS BRIEFING - Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, Washington, D.C., 19 April.
Speech by Lars Nyberg of Sveriges Riksbank, 22 Apr
SPEECH - In the speech titled 'The repo rate - spring 2002' Nyberg said inflation should fall in the months ahead, but for inflation to exceed target 1 to 2 years ahead. He also said there were more 'tangible' signs that the Sweden recovery picking up.
G7 didn't discuss exchange rates says Duisenberg
US - Finance ministers and central bankers from the Group of Seven leading industrial nations didn't discuss foreign exchange during their meeting Saturday, "apart from the usual statements," European Central Bank President Wim Duisenberg said.
Volcker seen as likely to step aside at Andersen
USA - Paul A. Volcker, the former Federal Reserve chairman sought to help embattled Arthur Andersen LLP map out a future, now looks likely to step aside, deepening the crisis within the accounting firm, Monday's Wall Street Journal reported.
Argentina's president vows to continue reforms
ARGENTINA - Eduardo Duhalde, president of crisis-hit Argentina, has vowed to push ahead with economic reforms - but on his own terms.
Speech by Cathy Minehan, Boston Fed Bank, 20 Mar
SPEECH - Minehan said at the Annual Meeting of The Boston Industrial Development Financing Authority that the Boston-area economy is much better positioned to weather economic downturns compared to years' past.
Opinion of the Governing Council of the ECB
REPORT - Opinion of the Governing Council of the European Central Bank of 18 April 2002 on a recommendation from the Council of the European Union on the appointment of the Vice-President of the European Central Bank.
Money and Inflation in the Euro Area
RESEARCH - Paper by Stefan Gerlach of the Hong Kong Monetary Authority and Lars E.O Svensson of Princeton University, April 2002.
Allocating Bank Regulatory Powers
RESEARCH - Research paper by Charles M Kahn of the University of Illinois at Urbana-Champaign and Joao AC Santos of the Federal Reserve Bank of New York.
Speech by Alastair Clark, Bank of England, 16 Apr
SPEECH - In a speech titled 'Contingency Planning and Systemic Stability' Clark discusses one aspect of uncertainty - the response to it, contingency planning and disaster recovery from the point of view of the financial sector.
IMF World Economic Outlook, April 2002
REPORT - World Economic and Financial Surveys, World Economic Outlook, Recessions and Recoveries, International Monetary Fund, 18 April.
Press Conference on the World Economic Outlook
PRESS CONFERENCE - Press Conference on the World Economic Outlook by Kenneth Rogoff, Economic Counsellor and Director of Research, International Monetary Fund, 18 April.
Zimbabwe to target money supply growth
ZIMBABWE - Concerted action aimed at curtailing monetary growth and increasing the output of goods and services in the economy is vital if a sustainable reduction in inflation to levels that promote investment and growth is to be achieved, warns the…
Euro position remains cautious - UK chancellor
UK - The five economic tests which will be used to measure whether it is in Britain's interests to join the euro mustn't be fudged, Chancellor of the Exchequer Gordon Brown said Friday.
Central banks and asset inflation
FEATURE - A modern central bank needs to watch asset prices as well as traditional inflation.