Monetary Policy
Zeti says ringgit peg not deterring investment
The Malaysian ringgit's fixed exchange rate system has not discouraged European countries from investing in the country nor curbed growth in trade, central bank governor Zeti Akhtar Aziz said.
BoE's Barker says inflation hike not a big worry
Bank of England monetary policymaker Kate Barker said on Wednesday 13 July that the central bank is not overly worried by a jump in inflation to a seven-year high in June.
ECB's Issing says oil clouding inflation outlook
European Central Bank chief economist Otmar Issing has said the inflation outlook for the euro zone has deteriorated in the past month.
Good/bad deflation and Japanese economic recovery
The Discussion Paper "Good deflation/bad deflation and Japanese economic recovery" says economic history suggests that technological progress can go hand in hand with general deflation. It finds that short-run shocks to Japan's relative price structure…
Monetary policy during Japan's lost decade
This University of Tokyo Discussion Paper published May 2005 develops a quantitative costly price adjustment model with capital formation for the Japanese Economy.
Eastern Caribbean Central Bank-Annual Report 04/05
The liberalisation of trade regimes on a global, regional and bilateral basis has resulted in substantial changes in trading arrangements and economic costs as well as benefits, the report said.
Past and future of central bank cooperation
The Bank for International Settlements published papers on Tuesday 12 July from its Conference "Past and future of central bank cooperation" celebrating 75 years of the BIS, 1930 - 2005, held in Basel, Switzerland, 27-29 June.
Bernanke sees 'healthy and sustainable' US growth
In his first speech as chairman of the Council of Economic Advisers on Tuesday 12 July, Ben Bernanke presented an upbeat outlook for the US economy.
UK's Brown expects ECB inflation target debate
UK chancellor Gordon Brown, whose country currently holds the rotating EU presidency, told the European Parliament that debate over the European Central Bank's inflation target is to be expected.
Bank Negara and EC to organise Asean-EU conference
Bank Negara Malaysia and the European Commission (EC) are jointly organising a conference titled "Expanding Asean-EU Economic Links - The role of Euro" to be held in Kuala Lumpur from 13 July to 15 July.
EC's Juncker says euro growth to miss target
European finance ministers have said economic growth in the euro region will not meet official forecasts in 2005 as oil prices stay close to a record, consumer confidence stagnates and Italy struggles with recession.
BOJ upgrades economic assessment
The Bank of Japan slightly upgraded its assessment of the economy on Wednesday 13 July at the conclusion of its monetary policy meeting, saying that the recovery remains on track.
Reserve Bank of Australia 2005 Conference
This year's RBA conference focused on various issues related to the changing nature of the business cycle, including: the changes that have occurred over recent decades; possible explanations for those changes; international linkages; and the impact of…
Central bankers stand on the front line
This article looks at the response of central banks to terrorist attacks. It says that an interest rate cut by the Bank of England last week when the chaos was at its peak, might have added to the sense of panic.
Central Bank of Egypt - Annual Report 2003-2004
The Central Bank of Egypt has published its Annual Report for the year 2003-2004. The domestic economy has headed towards improvement during FY 2003/2004, according to the report.
Bank of Canada keeps interest rates at 2.5%
The Bank of Canada announced on Tuesday 12 July that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent.
Noyer says 'market model' has lessons for France
The Scandinavian economic model, combining market flexibility with a high degree of social protection, "is full of lessons for countries such as France, Germany and Italy", said Bank of France governor Christian Noyer in an interview.
Garganas says ECB may hike inflation forecast
"The oil price increases in recent weeks imply some upward revision to the main scenario for inflation," said Garganas, who is also the governor of the Bank of Greece, in an interview in Athens with Bloomberg.
Mboweni says SADC can learn from EU
South African Reserve Bank governor Tito Mboweni has said much can be learned from the European Union as the South African Development Community (SADC) attempts to create a single monetary union for the region by 2016.
OECD report calls for eurozone reforms
Economic growth in the eurozone will halve in the next two decades unless it implements reform, the Organisation for Economic Co-Operation and Development warned on Tuesday 12 July.
Irish central bank reports threat to growth
The Irish central bank published its annual report for 2004 on Tuesday 12 July, forecasting growth of 5.5pc for the economy in 2005, about the same as in 2004.
Federal Reserve Bulletin, Spring 2005
The Federal Reserve's Bulletin for Spring 2005 includes the article 'Background on FOMC meeting minutes' outlines previous changes to the release schedule for the minutes and provides a brief overview of the content of the minutes and the way they are…
Croatian National Bank - Annual Report 2003
The Croatian National Bank has published its Annual Report for the year ended 2003. In 2003, the Croatian economy recorded solid economic growth and low inflation, according to the report.
Statement by IMF's Rodrigo de Rato after G8 summit
Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), issued a statement on Friday 8 July at the conclusion of the Group of Eight (G8) Summit at Gleneagles, Scotland.