Monetary Policy
Yugoslavia's Dinkic satisfied on central bank deal
Yugoslav National Bank (NBJ) Governor Mladjan Dinkic said Thursday that he was satisfied with the solution passed by the constitutional commission last night that the NBJ should become the National Bank of Serbia (NBS) on the day the constitutional…
UK Treasury Committee - Review inflation targeting
The UK's House of Commons Treasury Select Committee on Thursday criticised Chancellor Gordon Brown's economic policy and suggested a review of the Bank of England's inflation target.
Bergstrom on monetary policy and wage formation
SPEECH - In the speech 'Monetary policy and wage formation' Villy Bergstrom of Sweden's central bank said the recent termination of one union's collective wage agreement will not necessarily constitute a threat to the inflation target. However, if other…
Knight on monetary policy and economic performance
SPEECH - In the speech 'How Monetary Policy Contributes to Improved Economic Performance' Malcolm Knight of the Bank of Canada said from a central bankers perspective Canada's clear, transparent monetary policy, based on the inflation-control target has…
Reserve Bank of New Zealand Press Release
PRESS RELEASE - Reserve Bank coinage warning - The Reserve Bank today advised the public that some older 20 cent coins are temporarily causing confusion among some shoppers, 16 January.
Federal Reserve Press Release
PRESS RELEASE - The Federal Reserve Board today received results from further testing conducted by the State of North Carolina, under the guidance of the Centers for Disease Control. It showed no anthrax bacteria present on a sample from a piece of mail…
Reserve Bank of Australia Bulletin, January 2003
REPORT - Bulletin Statistical Tables, data updated to 8 January 2003.
RBNZ Vacancy : Head of Financial Stability
PRESS RELEASE - The Reserve Bank has established a new Financial Stability Department that integrates the work of our financial markets and banking system oversight teams. As a result the Bank is seeking to appoint a Head of Financial Stability,…
Federal Reserve Board - Beige Book, January 2003
REPORT - The Federal Reserve Beige Book released 15 January described economic activity across the US as remaining "sluggish" but also cited various, though modest, signs of a pick-up in activity, high-lighting scattered reports of a fragile turnaround…
Hot Topics from the Dallas Fed, January 2003
REPORT - The latest Hot Topic from the Federal Reserve Bank of Dallas, 'Can the World Economy Give Ours a Boost?' looks at whether we're going to see a surge in foreign economies that might pave the way for more growth in the United States. It discusses…
Taiwan acts on banking reform
Taiwan's finance ministry is encouraging banks to clean up their balance sheets by offering streamlined product approval for those with non-performing loan (NPL) ratios of below 5 per cent.
Bangladesh orders bad debt write-offs
The Central Bank of Bangladesh has introduced a major economic initiative ahead of a general strike on Friday over rises in fuel prices.
Fed anthrax scare proves false alarm
An anthrax scare at a Washington post office involving a letter destined for the Federal Reserve proved to be a false alarm, the Federal Reserve said.
Argentina defaults on IADB loan
Argentina said on Wednesday it could not repay a loan to the Inter-American Development Bank on time, adding the Washington-based multilateral lender to the growing list of institutions to which it has defaulted.
Yugoslav central bank chief complains of pressure
The National Bank of Yugoslavia Governor Mladjan Dinkic has spoken at a news conference about the economic problems associated with the position of the bank in the constitutional charter for Serbia and Montenegro.
Report names possible replacements for Hamalainen
A German newspaper has named two women as favourites in the race to succeed Sirkka Hamalainen on the Executive Board of the European Central Bank.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 18 and 19 November 2002, released 20 December. The nine member Policy Board considered that it was appropriate to maintain the current guideline for money market operations. Private…
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 30 October 2002, released 20 December. Consumer prices continued to decline by slightly less than 1 percent year on year. The pace of year-on-year decline in the Consumer Price Index…
Parry on policymaking in a global context
SPEECH - In the speech 'Policymaking in a Global Context' Robert Parry of the Federal Reserve Bank of San Francisco said given the growing interdependence of national economies and macroeconomic policies, it has become increasingly important to pay…
IMF Press Release
PRESS RELEASE - Argentina: Press Statement following Article IV Consultation, 8 January.
IMF Working Paper
RESEARCH - The IMF Working Paper "Monetary Union in West Africa: Who Might Gain, Who Might Lose, and Why?" published December 2002 concludes that it would not be in the interests of other ECOWAS countries to enter into a monetary union with Nigeria…
Dutch legislator calls for Duisenberg's sacking
European Central Bank President Wim Duisenberg should be fired because he supports his wife Gretta's anti-Israel positions and embrace of Yasser Arafat, a leading Dutch parliamentarian visiting Jerusalem has said.
ECB council member sees no need for rate move
European Central Bank Governing Council member Ernst Welteke has indicated that he's happy with the present level of euro-zone interest rates.
Nigerian sleaze hits Africa's single currency plan
Officials at the International Monetary Fund (IMF) have warned West African nations against creating a single currency, over fears that Nigerian involvement would undermine its credibility.