Monetary Policy
Buba Welteke - ECB rate policy no hinder to growth
GERMANY - The European Central Bank's interest rates aren't an obstacle to growth, long-term and real interest rates are low and the ECB must avoid letting long-term inflation expectations build up, Deutsche Bundesbank President Ernst Welteke repeated,…
Bank of Japan is pressured to take action
JAPAN - Japanese lawmakers tightened the screws on the Bank of Japan by advancing legislation that would force it to take more aggressive action to stimulate the world's second-largest economy.
Speech by UK Chancellor Gordon Brown
SPEECH - Speech by UK Chancellor of the Exchequer to the CBI annual conference dinner in Birmingham, England, 4 November.
Envisaged scenarios of the euro changeover
RESEARCH - Regular report of the European Central Bank on Envisaged scenarios of the euro area for the 2002 cash changeover as at 26 October.
Speech by Bundesbank President Ernst Welteke
SPEECH - Speech by Ernst Welteke, President of the Deutsche Bundesbank, at Danmarks Nationalbank in Copenhagen, 29 October.
Japan's fading economy
ARTICLE - Two years ago, at the height of the dot.com bubble, when there were already worries that the US boom would end in tears, it was argued that the world needed Japan to start growing again before the US stopped doing so. It didn't quite turn out…
Sweden's Riksbank - Members voted for same rates
SWEDEN - The executive board of Sweden's Riksbank voted unanimously to hold the central bank's key repo interest rate unchanged at its 15 October meeting, according to minutes of the meeting.
ECB Welteke sees euro zone recovery "rather soon"
DENMARK - Bundesbank President Ernst Welteke on Monday voiced cautious optimism that the euro zone economy would recover relatively soon and reiterated recent monetary developments did not pose an inflation risk.
Japan Shiokawa/ Hayami: Reiterate need to reflate
JAPAN - Japanese Finance Minister Masajuro Shiokawa told Bank of Japan Governor Masaru Hayami on Friday he wants the BOJ to boost consumer prices back to levels seen before Japan was gripped by deflation.
Speech by Kristina Persson of Sveriges Riksbank
SPEECH - Speech by Deputy Governor Kristina Persson of Sveriges Riksbank, Sweden's central bank, at the Swedish Association of Financial Analysts 30 October.
Japan's puzzle - Rock bottom rates, few borrowers
ARTICLE - HIROSHIMA, JAPAN - Why does Japan's economy, despite phenomenally low interest rates, keep wasting away? The answer begins in a vegetable garden near here.
Riksbank's Persson - Sweden should join EMU
SWEDEN - Sweden should enter European Economic and Monetary Union to offset the risks of price swings and better align the economy with its chief export market, the Riksbank's deputy governor, Kristina Persson, said in a speech Tuesday.
Bank of Japan Minutes
MINUTES - Bank of Japan, Minutes of the Monetary Policy Meeting on 18 September.
India rates hit lowest level since 1970s
INDIA - Interest rates in India have slid to their lowest rate for almost 30 years after the country's central bank - Reserve Bank of India (RBI) - cut interest rates by half a percentage point.
Speech by Urban Backstrom of Sweden's central bank
SPEECH - Speech by Urban Backstrom, Governor of Sveriges Riksbank, Sweden's central bank at the Swedish Shareholders' Association rebro, 30 October.
International Finance Discussion Papers
RESEARCH - Federal Reserve Board Working Papers, Evidence Uncovered: Long-Term Interest Rates, Monetary Policy, and the Expectations Theory by Jennifer E. Roush, October 2001.
Minutes from Federal Reserve Board meeting
PRESS RELEASE - The Federal Reserve Board on Friday released the minutes of its discount rate meetings from May 21, 2001 to September 17, 2001.
US economy shrinks
US - The US economy has shrunk for the first time in eight years, official figures have revealed.
ECB: Monetary conditions not hindering growth
SPAIN - Current monetary conditions in the euro zone aren't hindering growth, European Central Bank executive board member Eugenio Domingo Solans said Wednesday, echoing similar remarks made recently by other ECB Governing Council members.
Speech by Svein Gjedrem, Governor of Norges Bank
SPEECH - Address by central bank of Norway, Norges Bank, Governor Svein Gjedrem at the 2001 Annual Meeting of the Norwegian Savings Banks Association, Haugesund, 18 October.
BIS International Consolidated Banking Statistics
PRESS RELEASE - Bank for International Settlements International Consolidated Banking Statistics - second quarter of 2001, 29 October.
BIS International Consolidated Banking Statistics
REPORT - Bank for International Settlements International Consolidated Banking Statistics - second quarter of 2001, 29 October.
Shock rise in Japanese jobless
JAPAN - Unemployment in Japan rose to 5.3% in September, another record high.
Buba Welteke: Euro-12 price pressure to ease soon
DENMARK - Early indicators signal price pressure in Germany and the euro-12 will ease further in the near term, but euro-12 financing conditions are favourable, Deutsche Bundesbank President Ernst Welteke said Monday.