Central Banks

Music fit for a King

We hear that Mervyn King prepared himself for the cut and thrust of the Bank of England's recent MPC meeting with an evening in London's Royal Festival Hall, listening to Shostakovich's fifth symphony.

Fed says central banks keep buying US debt

Holdings of US government debt held by foreign central banks hit a new record high, the Federal Reserve said on Thursday 12 February. The Fed said it was partly due to the Bank of Japan's heavy intervention in the markets.

Sri Lanka's settlement systems implemented

LogicaCMG has announced that it has successfully implemented the Real Time Gross Settlement (RTGS) System and the Scripless Securities Settlement (SSS) System for the Central Bank of Sri Lanka (CBSL).

Changes in Swedish banknote and coin series 2005

In order to reduce the risk of counterfeiting and to facilitate the recognition of genuine banknotes, the Sveriges Riksbank has decided to increase the security details in 50-kronor and 1000-kronor banknotes.

Dodge on challenges to Canadian economy

In a speech on 'Adjusting to a Changing Economic World' given on 11 February, David Dodge of the Bank of Canada talked about the longer-term trends and the challenges facing the Canadian economy in the years ahead, and the adjustments that will be…

ECB sees faster eurozone growth

The European Central Bank published its February 2004 Monthly Bulletin on 12 February. In the February Bulletin, the ECB said that in its new regular quarterly 'Survey of Professional Forecasters', the experts had revised their forecasts upwards.

Philadelphia Fed Business Review, 1st Quarter 2004

The Federal Reserve Bank of Philadelphia has published its regular Business Review for the First Quarter 2004. In the latest issue President Anthony Santomero discusses how some extraordinary events, including the bursting of the tech bubble, the…