Monetary Policy

ECB Working Paper Series

RESEARCH - Non-standard central bank loss functions, skewed risks, and certainty equivalence, by Ali al-Nowaihi and Livio Stracca, March 2002.

Speech by Fed Reserve Governor Mark Olson, 12 Mar

SPEECH - In the speech titled 'Current Industry Issues' Olson agreed with views many central bankers have expressed recently when he said that "for the past few months we have seen clear indication that economic conditions are improving and we are either…

Bank of Canada brightens economic forecast

CANADA - Bank of Canada Governor David Dodge declared on Tuesday that the worst of the economic downturn was over, in a speech that suggested the bank was accelerating its timetable for forecast economic recovery.

RBI to review primary dealership arena

INDIA - Our Banking Bureau Mumbai After taking an in-principle decision to discontinue the satellite dealers, the Reserve Bank of India (RBI) is set to review primary dealers (PDs) in terms of their number, obligations, activities and regulation, said Y…

Labour mismatches plague euro zone

GERMANY - Austria has too many construction workers and too few hairdressers. France suffers from an abundance of woodworkers but a shortage of nurses. These are some of the findings of an ECB report published today.

Speech by Lars Nyberg of Sveriges Riksbank, 11 Mar

SPEECH - In the speech titled 'Financial disturbances and the real economy' Nyberg echoed concerns voiced by colleagues on the banks board that inflation in Sweden has been unexpectedly high lately saying "a number of my colleagues have expressed concern…

Speech by A Santomero of Philadelphia Fed, 6 Mar

SPEECH - In the speech titled 'The Recovery - Has It Begun?' Santomero said the U.S. economy's recovery from recession "may indeed have already begun," and called recent statistics on the economy "heartening, in fact, surprisingly strong".

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