Monetary Policy
Statement by RBA Governor, Ian MacFarlane
MEDIA RELEASE - Statement from the Reserve Bank of Australia, 8 May.
Federal Reserve Board Press Release
PRESS RELEASE - Monetary Policy Decisions, 7 May.
Reserve Bank of Australia Report
REPORT - Chart Pack - A Collection of Graphs on the Australian Economy and Financial Markets, 3 May.
BIS Press Release and Full Publication
PRESS RELEASE - BIS consolidated international banking statistics for the fourth quarter of 2001, 8 May.
Joint IMF and World Bank report
REPORT - Financial Sector Assessment Program-Experience with the Assessment of Systemically Important Payment Systems prepared by the Staffs of the International Monetary Fund and the World Bank, 19 April.
Australia's reserve bank raises interest rates
AUSTRALIA - Australia's central bank has raised interest rates for the first time in almost two years in a bid to curb inflation and protect its booming economy.
US rates left on hold - for now
US - The US Federal Reserve has left interest rates unchanged at their current 40-year low of 1.75%, citing 'uncertain' growth prospects in the coming months.
Noyer - euro upside not just due to dollar value
GERMANY - European Central Bank vice president Christian Noyer said the overvaluation of the US dollar on the currency markets is not the only reason why he is confident about the euro's upside potential.
Bush to announce nominations to fed board
FEATURE - With Federal Reserve Chairman Alan Greenspan likely nearing retirement, the White House is moving to significantly beef up the central bank's monetary expertise, The Wall Street Journal has reports.
BSP and BoT to cooperate on monetary policy
PHILIPPINES - The Bangko Sentral ng Pilipinas (Central Bank of the Philippines, or BSP) and the Bank of Thailand (BOT) have agreed to increase the amount of technical cooperation on monetary policy and banking supervision, BSP governor Rafael B…
Speech by Anne Krueger of the IMF, 7 May
SPEECH - Krueger said in a speech titled 'Economic Outlook for the Americas' that the economic downturn has been relatively shallow in most countries following the global shocks and adverse local developments experienced last year.
Speech by Tito Mboweni, RB of South Africa, 7 May
SPEECH - In the speech 'Recent Economic Developments' Mboweni said there have recently been encouraging signs that the global slowdown has bottomed out. Business and consumer confidence have strengthened, leading indicators have turned up, industrial…
ECB Press Release
PRESS RELEASE - Annual report of the Anti-Fraud Committee and the reply of the European Central Bank to the report, 3 May.
Speech by H Kohler, Managing Director, IMF, 3 May
SPEECH - International Monetary Fund chief Horst Koehler on Friday ended a tour of Africa with a conference aimed at attracting new investors to Ghana, and said in a speech titled 'Building a Better Future in Africa' that the latest U.S. efforts to…
Bank of Canada Working Paper
RESEARCH - Modelling Financial Instability: A Survey of the Literature by Alexandra Lai, Bank of Canada, May 2002.
Welteke - Pound must fall before euro entry
GERMANY - The president of the Bundesbank, Ernst Welteke, has said he thinks the pound would have to be devalued before Britain could join the single currency.
Bishop says be money wise at central bank service
BARBADOS - Barbadians were urged yesterday to be sensible in the management of their money by the Bishop of Barbados, Dr John Holder. He was delivering a sermon at the Central Bank of Barbados 30th anniversary service at the St Michael's Cathedral.
Bank of England 'would not oppose euro' entry
UK - The governor of the Bank of England, Sir Edward George, has said he would not oppose the UK joining the European single currency if the public voted in favour of adopting the euro, according to a press report.
Argentine inflation soars
ARGENTINA - Argentine prices have risen 20% so far this year following the devaluation of the country's currency the peso, officials have said.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Bank of Japan Monetary Policy Meeting Minutes from the meeting of 19 and 20 March, released 7 May.
CentralBankNet will resume normal service Tuesday
Monday 6 May is a holiday in the UK
CentralBankNet will resume normal service Tuesday
Monday 6 May is a holiday in the UK
Speech by Fed Reserve Governor Ed Gramlich, 2 May
SPEECH - Gramlich reiterated in a speech titled 'Financial literacy' the Fed's position that an increase in consumer financial literacy would be good not just for individuals, but for the economy as a whole.
ECB Press Conference
PRESS CONFERENCE - Transcript of the questions asked and the answers given by Dr. Willem F. Duisenberg, President of the ECB, and Christian Noyer, Vice-President of the ECB, 2 May.