Monetary Policy
Hole-in-the-wall headache behind euro big day
ARTICLE - With the deadline for the introduction into circulation of euro notes less than five months away, Europe is facing its greatest logistical challenge since the D-Day landings.
Bush keeps 'open mind' on Argentina
US - Talks between Argentina, the International Monetary Fund (IMF) and the US Treasury continued on 13 August, as the country sought extra money to help ease its financial crisis.
Disinflation makes rates more powerful tool
ARTICLE - After some recent volatile swings, July consumer price data from several euro-zone economies 14 August, including France, suggest that a broad disinflation trend is firmly in place.
Ignorance is not bliss: countdown to E-day
CENTRALBANKNET'S SPECIAL REPORT - Today is T - 141 and still counting... That's how many days are left before the single currency becomes a practical reality. For the past two-and-a-half years, the member countries of the Eurozone have lived with a…
International Economic Policy Under Clinton
SPEECH - Comments by Stanley Fischer, First Deputy Managing Director of the International Monetary Fund at the John F. Kennedy School of Government, Harvard University, 27 June.
Euro's launch vital to debate in Sweden
SWEDEN - Goran Persson, Sweden's Social Democratic prime minister, believes the Scandinavian country could be a member of the single currency by 2005 if next January's introduction of euro notes and coins is a success.
Warning by IMF puts BoJ under pressure
JAPAN - Pressure on the Bank of Japan to ease monetary policy at its two-day meeting that starts today has been increased considerably by the International Monetary Fund's reversal of an earlier growth forecast and its warning that Japan would enter a…
EU candidates must join ERM on way to euro-Noyer
GERMANY - European Central Bank Vice President Christian Noyer said on 13 August countries seeking to join the single European currency must first keep their currencies loosely aligned with the euro for two years.
C Bank head says new ex rate system successful
EGYPT - Prime Minister Dr Atif Ubayd 12 August presided over a meeting of the ministerial economic group which reviewed conditions on the exchange rate market and made an evaluation of the first week of the new exchange rate system and providing foreign…
LDP Yamamoto - Won't keep axe over BOJ gov head
JAPAN - Pumping up the pressure on the Bank of Japan to ease credit further to halt deflation, a leading ruling party critic of the central bank has moved a step closer to taking the BOJ Law into his own hands.
ECB Monthly Bulletin August 2001
REPORT - The European Central Bank has published its Monthly Bulletin for August. In the report the bank voiced concerns about the risks to growth in the eurozone, indicating for the first time that its forecasts for the year might be too optimistic.
Monetary policy in Thailand, Pridiyathorn Devakula
SPEECH - Pridiyathorn Devakula, The Governor of the Bank of Thailand, gave a speech at the APFA 2001 Conference, Bangkok, 24 July. The speech was titled Monetary Policy in Thailand: Current Challenges and Prospects.
Mervyn King on the International Financial System
SPEECH - Speech by Mervyn King, Deputy Governor of the Bank of England at the 20th Anniversary of the Indian Council for Research on International Economic Relations.
The Federal Reserve Beige Book
REPORT - The Federal Reserve has published on 8 August its regular Summary of Commentary on Current Economic Conditions by Federal Reserve District known as the Beige Book.
The Outlook for the U.S. Economy
SPEECH - President and CEO of the Federal Reserve Bank of Chicago Michael Moskow gave a speech to the Priority One Annual Meeting, Crowne Plaza Five Seasons Hotel, Cedar Rapids, Iowa, 7 August.
Bank of England Inflation Report - August 2001
REPORT - The Bank of England has published its latest inflation report for August 2001. The report suggests that the UK economy will remain weak in 2001 before starting to recover in 2002.
Infrastructure and Economic Development
SPEECH - Remarks by Federal Reserve Governor Edward Gramlich at the Texas Trade Corridors New Economy Conference, San Antonio, Texas on 3 August.
Argentina looks to $6bn IMF loan
ARGENTINA - Argentine officials are confident of winning support for a new loan of $6bn or more from the International Monetary Fund to help the country contain the crisis of confidence engulfing its economy.
Polish opposition party blasts central bank policy
POLAND - Poland's opposition social democrats, tipped to win general elections in September, blasted the central bank on 4 September for ignoring a slowing economy and mounting unemployment in its ambitious anti-inflation drive.
Euro notes designer will escape launch controversy
AUSTRIA - When the euro enters circulation in January, the man responsible for the look of a the new notes is planning to take his family on a long holiday - outside Europe.
Power of monetary policy is greatly exaggerated
ARTICLE - Greenspan's 10-year honeymoon is over - By Jack Carr, National Post, 1 August 2001.
E-day countdown - ECB ad campaign to roll 1 Sept
GERMANY - European Central Bank chiefs begin their annual break this week knowing that when they return from their holidays the push to make the euro a reality in the lives of millions of Europeans must begin in earnest.
Austrians 'underestimate' euro
AUSTRIA - According to a survey published on 3 August, the euro is not an issue for most Austrians. A majority of 62 per cent have not or almost not informed themselves on the new currency, only 13 per cent consider themselves as "very interested" in the…
Faster growth? If we want it
SPEECH - An address by Donald T. Brash, Governor of the Reserve Bank of New Zealand to the Catching the Knowledge Wave conference, Auckland, 2 August.