Central Banks
Fedtalk from the Boston Fed, September 2002
PUBLICATION - Financial Services Update of the Federal Reserve Bank of Boston, September 2002. A newsletter about Boston Fed financial services, Fedtalk offers the latest information on check services and electronic delivery systems. The most recent…
The Region from the Minneapolis Fed September 2002
PUBLICATION - The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for September 2002. Included in this issue the Nobel prize-winning economist Robert Solow discusses his groundbreaking theory of economic growth, his…
Leader makes anti-euro view clear at UK conference
UK - Iain Duncan Smith made a clear reference yesterday to his anti-euro stance - only the second time during the week the issue that divides the Tory party had been raised by a platform speaker.
French bank chief hits at government
FRANCE - Jean-Claude Trichet, governor of the Bank of France, on Friday added his weight to criticism of the centre-right government of Jean-Pierre Raffarin for not being more ambitious in its efforts to cut its budget deficit in line with European Union…
Non-bank credit card rules due in Thailand
THAILAND - Financial regulators were directed to draft measures to regulate credit cards issued by non-bank institutions by next month. Prime Minister Thaksin Shinawatra yesterday chaired a meeting on a proposed new credit card bill.
BoJ to buy $16bn of banks' shareholdings
JAPAN - The Bank of Japan on Friday said it would buy yen 2,000bn ($16.5bn) of banks' shareholdings to make them less vulnerable to stock market swings.
Speech by J Alfred Broaddus, Richmond Fed, 2 Oct
SPEECH - Broaddus said in the speech titled 'Some Thoughts on the Economy in a Challenging Period' that by all appearances the current mood for both consumers and business people is pretty pessimistic and geopolitical risks have increased uncertainty…
Speech by Governor, Danmarks Nationalbank, 25 Sep
SPEECH - Speech by Governor Jens Thomsen, Danmarks Nationalbank. Une monnaie, l'euro, une banque centrale, 12 pays Montreal, le 25 septembre 2002.
Speech by Roger Ferguson, Federal Reserve, 9 Oct
SPEECH - Ferguson gave a speech 'Central Banks and Markets' on receiving the 2002 Distinguished Public Service Award from the Bond Market Association. In the speech he discussed the hot topic of whether central banks have a role in the control of asset…
Bank of England News Release
NEWS RELEASE - Bank of England Maintains Interest Rates at 4.0%, 10 October.
National Bank of Poland - Annual Report 2001
ANNUAL REPORT - The National Bank of Poland has published its Annual Report for the year ended 2001.
Central Bank of Peru - Annual Report 2001
ANNUAL REPORT - The Central Bank of Peru has published its Annual Report for the year ended 2001.
European Central Bank Press Release
PRESS RELEASE - Monetary policy decisions, 10 October.
IMF News Brief
NEWS BRIEF - IMF Managing Director Horst Kohler to Visit Mauritania, Algeria and Tunisia during 14-21 October.
Brussels tells new members not to rush into euro
BELGIUM - Brussels may be holding open the door to 10 new European Union members in 2004 but there were warnings yesterday that the candidate countries should not rush to join the euro.
Takenaka calls on BoJ to help fight deflation
JAPAN - Heizo Takenaka, Japan's economy minister and the new head of the Financial Services Agency, on Wednesday called on the Bank of Japan to co-operate with the government on tackling deflation.
America is not in danger of deflation
ARTICLE - For most of the postwar era, deflation has been off on the radar screen of economic policymakers in the industrialised world. The United States has not experienced a sustained fall in prices since the Great Depression. Fighting inflation, not…
Fraga urges candidates to clarify intentions
BRAZIL - Arminio Fraga, Brazil's central bank chief, on Wednesday called on the two remaining presidential candidates to deepen their commitment to sound economic policies and help calm investor concerns.
Irish central bank accused of acting like Rambo
IRELAND - Insurance brokers have accused the Central Bank of acting as a 'Rambo regulator' which discriminates against smaller brokerage operations.
Anti-deflation drive sparks BOJ fear over autonomy
ARTICLE - The central bank gets the jitters now that finance chief Takenaka takes up its challenge on economy. The Bank of Japan is worried that the government's latest campaign to stamp out deflation and buoy the economy will compromise its autonomy.
Polymer notes not now: RBI
INDIA - The Reserve Bank of India has said that there is no immediate plan to introduce polymer or plastic currency notes to replace the existing paper notes.
Speech by Susan Schmidt Bies of the Fed, 8 Oct
SPEECH - In the speech titled 'Corporate Governance and Risk Management' Bies said firms of all sizes should continue to pursue strategies to manage risk. Following sound risk management, governance, and disclosure practices consistently is also crucial…
Speech by Jack Guynn President Atlanta Fed, 2 Oct
SPEECH - Guynn said in a speech to Columbus Rotary Club titled 'The U.S. Economy: Getting Back on Track' that he'd characterise the U.S. economy as plodding along but moving in the right direction - forward. The economy has basically emerged from…
Speech by Governor, Danmarks Nationalbank, 9 Sep
SPEECH - Speech by Governor Jens Thomsen of Danmarks Nationalbank 'Monetary Policy in the Shadow of a Monetary Union' at the Bank of Ghana on 9 September 2002.