Monetary Policy
Speech by Horst Kohler, Managing Director, IMF
SPEECH - In his speech titled 'Working for a Better Globalization' Kohler urged Argentine authorities to develop a comprehensive and coherent economic strategy that the lender can back with loans.
IMF's Koehler urges coherent plan from Argentina
US - The head of the International Monetary Fund (IMF) on Monday urged Argentine authorities to develop a comprehensive and coherent economic strategy that the lender can back with loans.
Speech by Dr Y.V. Reddy of Reserve Bank of India
SPEECH - In the speech titled 'Parameters of Monetary Policy in India' Reddy said the central bank might consider a package of measures announcing a one-time reduction in the CRR to three percent, to expedite development of markets, accompanied by…
Speech by David Dodge, Governor of Bank of Canada
SPEECH - Dodge said in the speech titled 'Challenges and Changes in an Eventful Year' that an unhelpful depreciation of the Canadian dollar over recent weeks did not reflect the encouraging signs of a pickup in the economy and that the exchange rate was…
Press Release from the Bank of Canada
PRESS RELEASE - Bank of Canada Governor reviews key developments of last year, 28 January.
US economy shows unexpected strength
US - The US economy grew 0.2% in the last three months of 2001, official data has shown.
Finance and Economics Discussion Series
RESEARCH - Federal Reserve Finance and Economics Discussion Series, Monetary Policy Rules and the Great Inflation by Athanasios Orphanides, January 2002.
Peru's central bank moves to inflation targeting
PERU - Peru's central bank has made inflation targeting its main tool for signalling the direction of monetary policy, Central Reserve Bank of Peru President Richard Webb said Tuesday.
Reserve Bank of Australia - Media Release
MEDIA RELEASE - Senior Management Changes, 29 January.
Speech by Masaru Hayami, Governor, Bank of Japan
SPEECH - In the speech titled 'Toward Revitalization of Japan's Economy' Hayami said it was neither possible nor desirable for Japan to try manipulating foreign exchange rates, maintaining that a weaker yen was no solution to its economic woes.
Hayami says weak yen no solution to Japan's woes
JAPAN - Bank of Japan Governor Masaru Hayami said on Tuesday it was neither possible nor desirable for Japan to try manipulating foreign exchange rates, maintaining that a weaker yen was no solution to its economic woes.
Speech by Stanley Fischer of the IMF
SPEECH - In his speech titled 'Breaking Out of the Third World: India's Economic Imperative' Fischer said the Indian monetary policy of not trying to peg a particular value for the rupee was good economics and that all the eight countries which…
Fischer suggests managed floating currency system
INDIA - The Indian monetary policy of not trying to peg a particular value for the rupee was good economics, Stanley Fischer said here today. The former first deputy managing director of the International Monetary Fund was speaking at a seminar organised…
Testimony of Richard Spillenkothen of the Fed
TESTIMONY - In his testimony titled 'Antiterrorism initiatives' Spillenkothen said that the Federal Reserve has a significant commitment to the bank regulatory community's anti-money laundering and anti-terrorism mission and that we will continue our…
Chicago Fed Letter, February 2002
REPORT - According to research in the latest Chicago Fed Letter, improvements in average worker skill levels have slowed and are likely to continue to slow the rest of this decade, which could negatively impact U.S. productivity growth in years to come.
IMF News Brief, 28 January
NEWS BRIEF - IMF, World Bank and IDB Working Closely to Help Argentina.
Japan jobless rate hits new high
JAPAN - Japan's unemployment has reached a new record high of 5.6%.
ECB's Issing points to signs of recovery
SPAIN - Otmar Issing, the chief economist of the European Central Bank, said in an interview "the first signs of recovery are now appearing, but we still have to see what will be its scale. And we cannot rule out that it will end up being stronger than…
Basel Committee on Banking Supervision
REPORT - The Quantitative Impact Study for Operational Risk: Overview of Individual Loss Data and Lessons Learned, 28 January.
BIS Press Release
PRESS RELEASE - BIS international consolidated banking statistics - third quarter of 2001 released 28 January.
BIS consolidated international banking statistics
REPORT - The BIS consolidated international banking statistics - third quarter 2001 released 28 January.
Monetary developments in the euro area
REPORT - Monetary developments in the euro area: December 2001, released by the European Central Bank, 28 January.
Speech by Shigemitsu Sugisaki of the IMF
SPEECH - In the speech titled 'Global Prospects after September 11 and Implications for Japan' Sugisaki said that the Bank of Japan should set a deadline to end deflation and stop a cycle of falling prices in the world's second largest economy.
IMF official calls for Japan deflation deadline
US - A top International Monetary Fund (IMF) and former Japan Finance Ministry official said on Friday the Bank of Japan should set a deadline to end deflation and stop a cycle of falling prices in the world's second largest economy.