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Monetary Policy

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.

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…

The Economy in Transition

SPEECH - Remarks by Jack Guynn, President and Chief Executive Officer, Federal Reserve Bank of Atlanta, Jackson Rotary Club, Jackson, Mississippi, 23 July.

Speech by the Bundesbank's Juergen Stark

SPEECH - Deputy Governor of the Deutsche Bundesbank, Dr. Jurgen Stark, spoke at the International Conference organised by the Konrad Adenauer Stiftung and the Brazilian Institute of Economics - Getulio Vargas Foundation "International financial…

Speech by the Bundesbank's Hermann Remsperger

SPEECH - Address at the Symposium, Hedonic Methods in Price Statistics, Wiesbaden, 21 June, by Professor Hermann Remsperger, Member of the Board of the Deutsche Bundesbank. The Evolution of Inflation Measurement: A Central Banker's View.

Argentina's Blejer to become central bank VP

ARGENTINA - Mario Blejer, a former International Monetary Fund economist and top aide to Economy Minister Domingo Cavallo, will become vice president of the country's Central Bank, an official at the monetary authority confirmed on 2 August.

Chicago Fed: Recession risks rising

US - The risk that the U.S. economy is in a recession rose in June to its highest level this year, the Federal Reserve Bank of Chicago said on 2 August as it released its monthly index of U.S. economic activity.

Hungary aims to introduce euro in 2006

HUNGARY - The government expects that Hungary will introduce the euro as its currency as of 1 January 2006, Zsigmond Jarai, head of the National Bank of Hungary (MNB) said at a business conference on 26 July.

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