A leading Harvard University academic endorsed the South African Reserve Bank's inflation targeting on Tuesday and said the country's monetary policy was in sound health.
Romania's central bank acting governor Emil Ghizari said on Tuesday inflation was expected to slow down to between 22% to 25% next year from an official estimate of about 40% in 2000.His prediction was in line with previous official forecasts.
Kuwait's central bank, under pressure to cut the discount rate to help the economy and a sagging stock market, said on Tuesday it would decide on changes after studying the impact of expected interest rate cuts abroad.
European Central Bank governing council member Guy Quaden said on Tuesday he could live with deviations from the bank's reference value for M3 money supply growth.
In an exclusive e-mail exchange arranged by Canada's Financial Post, Nobel Prize-winning economists Milton Friedman and Robert Mundell debate the future of the world currency system, from the euro to the Canadian dollar. This is the second installment in…
According to a Bank of Estonia study, Estonia's economic growth would not receive an automatic boost after Estonia joins the European Union.
Pakistan's central bank warned the government on Monday that it must strictly implement tough conditions set under an International Monetary Fund loan programme to avert a balance of payment crisis.
Banks engaged in Turkey will not reduce their financial exposure to the country, a senior International Monetary Fund official said on Monday.
Vital economic indicators have shown positive development during the first quarter (July-September) of the 2000-2001 fiscal year, Pakistan's central bank said Monday.
Lithuania, while preparing for its membership in the European Union, plans to keep litas pegged to dollar and later to euro, the board of the Bank of Lithuania announced after discussing its participation in the processes of Lithuania's preparation for…
Canada's Financial Post asked the two Nobel laureates Milton Friedman and Robert Mundell to participate in an exclusive e-mail debate about each other's views on modern day economics. Below we reprint the debate which was publish in the Financial Post on…
Governor of the Bank of England Sir Edward George said Sunday that Britain cannot afford to contemplate joining the euro until it strengthens.
The Reserve Bank of Zimbabwe governor, Leonard Tsumba, is expected to announce new monetary policy measures for the year 2001 by the end of this month, a central bank spokesman said this week.
As European Union leaders gather in Nice to reform the bloc's decision making processes in preparation for enlargement, one crucial item is absent from the agenda: the European Central Bank. A new paper by the Centre for Economic Policy Research says…
The government's ability to manage the economy in a crisis could be hamstrung if Britain joins the euro, a House of Lords committee warned today.
The Czech central bank is less concerned over the strength of the crown currency as the country's economic recovery grows more robust, CNB vice governor Ludek Niedermayer said in an interview on Friday.
The Swiss franc ended off lows against the dollar after the Swiss National Bank left interest rates unchanged, as expected, and said it detected no major inflationary pressure on the horizon.
A Kenyan parliamentarian whose controversial bill to control commercial bank interest rates was passed by parliament this week now wants the country's central bank governor to resign.
Swiss National Bank chairman Hans Meyer said on Friday the bank intended to publish several studies in the near future which would explain its forecasting activities in some detail.
The President of the Central Bank of Costa Rica, Eduardo Lizano, confirmed Friday a dramatic deceleration of economy with GDP growth down to 1.4% this year from 8.2% of the year before.
The president of the European Central Bank, Wim Duisenberg, has spoken about a turnaround in euro exchange rates for the first time, telling Japanese newspaper The Yomiuri Shimbun in an interview in Frankfurt that the European currency could keep rising.
A team from the International Monetary Fund will arrive in Ecuador in the next few days to evaluate the country's macroeconomic program.
US Federal Reserve governor Edward Kelley said on Friday the central bank was closely watching the risks of an excessive slowdown as the world's top economy moves to a less inflation-prone rate of expansion.