Monetary Policy
ECB Monthly Report October 2001
MONTHLY REPORT - The European Central Bank has published its Monthly Report for October 2001.
Expectations of rate cut up in ECB monthly report
GERMANY - The European Central Bank yesterday strengthened expectations that it will cut interest rates soon by saying the eurozone faced moderate inflationary pressures but continuing risks to economic growth.
Testimony of the Fed Chairman Alan Greenspan
TESTIMONY - Testimony of Federal Reserve Board Chairman Alan Greenspan, before the Joint Economic Committee, U.S. Congress, 17 October.
Speech by David Clementi of the Bank of England
SPEECH - Speech by David Clementi, Deputy Governor of the Bank of England at the APCIMS Annual Conference in London on 19 October.
Central Banking in New Zealand
RESEARCH - This brochure takes a detailed look at the institutional arrangements and statutory framework that apply to the Reserve Bank of New Zealand.
Ecofin mins press rate cut case - ECB receptive
LUXEMBOURG - Euro zone finance ministers kept the heat on the European Central Bank to lower interest rates yesterday, Monday 15 October - and there are signs that central bankers may be sympathetic to their views.
BoE's Clementi says "clear downside risk" to rates
UK - Bank of England deputy governor David Clementi said on Friday there were "clear downside risks" to UK interest rates due to the slowing world economy, made worse by September's attacks on the United States.
Research from the San Francisco Fed Bank
RESEARCH - The Federal Reserve Bank of San Francisco has published an Economic Letter 2001-29; 19 October, titled Has a Recession Already Started?
Has a Recession Already Started? - FRBSF
US - In this latest Economic Letter, San Francisco Federal Reserve Bank Senior Research Advisor Glenn Rudebusch examines the definition and dating of recessions.
Speech by Urban Backstrom of Sweden's central bank
SPEECH - Speech by Governor Urban Backstrom of Sveriges Riksbank, Sweden's central bank, at Euroforum's Conference, rebro, 10 October.
Speech by Wim Duisenberg President of the ECB
SPEECH - Speech delivered by Dr. Willem F. Duisenberg, President of the European Central Bank, at the conference hosted by the Bank of Greece on 17 October in Athens.
Speech by J Alfred Broaddus of the Richmond Fed
SPEECH - Remarks by J. Alfred Broaddus, Jr. President, Federal Reserve Bank of Richmond at the 26th Annual Economic Policy Conference, Federal Reserve Bank of St. Louis, St. Louis, MO, 12 October.
Richmond Fed's Broaddus says inflation target good
US - Federal Reserve Bank of Richmond President Alfred Broaddus said on Friday 12 October the Fed should have an explicit long-term inflation objective to further boost the U.S. central bank's credibility.
Duisenberg adds voice to fears over EU hopefuls
GREECE - The European Central Bank raised fresh concerns on Wednesday 17 October over the economic policies of future European Union members, underlining its doubts over their fitness for swift entry to the single currency.
Why the Federal Reserve shouldn't care about PPI
ARTICLE - Every month, the producer price index is touted as the first peek at inflation, followed in short order by the consumer price index.
Japanese policy makers clash over economy
JAPAN - Japanese policy makers are increasingly clashing on how to fix the nation's moribund economy, with the finance minister issuing a clear call for re-inflating the economy by actively boosting price levels, even as the central bank decided not to…
Greenspan upbeat on economy
US - Prospects for the future of the US economy have been "scarcely diminished" by the 11 September attacks, Federal Reserve chairman Alan Greenspan has said.
Speech by Eddie George, Bank of England Governor
SPEECH - Speech by the Governor of the Bank of England, Sir Edward George, at the Welsh Development Agency/Bank of England Dinner, Brangwyn Hall, Swansea on 16 October.
Minutes of Bank of England MPC meeting 3-4 October
MINUTES - The Bank of England has published the minutes from its Monetary Policy Committee meeting held on 3 and 4 October.
Minutes of Bank of England special MPC meeting
MINUTES - The Bank of England has published the minutes from its special Monetary Policy Committee meeting held on 18 September.
B of E's George predicts 3-year downturn
UK - Sir Edward George hinted last night in a speech that he would back further cuts in interest rates and warned the global economic slowdown could last for three more years.
Sweden's Riksbank leaves repo rate unchanged
SWEDEN - Sweden's central bank, Sveriges Riksbank, left its key repo rate unchanged at 3.75% Tuesday 16 October, as expected, in conjunction with the release of its latest inflation report.
Thai central bank head: IMF satisfied with rates
THAILAND - The governor of the Bank of Thailand, Pridiyathorn Devakula, said Monday 15 October that the management team of the International Monetary Fund was satisfied with the level of the bank's policy signalling interest rate.
EU candidates told not to focus only on inflation
UK - Central banks in countries seeking to join the European Union should ensure that their battle against inflation doesn't harm economic growth, a senior official at the European Central Bank said.