Central Banks
Hearing set for ECB Board candidate
A hearing for the nominee for a position at the Executive Board of the ECB will take place on Tuesday 6 April.
Ex cb chief banned from leaving Haiti
Haiti's new justice minister has barred 37 members of the former government from leaving the country. Included is former central bank governor Venel Joseph.
HKMA releases pay review details
The Hong Kong Monetary Authority (HKMA) has announced the result of its annual pay review for staff of the HKMA in 2004.
A hyperactive central banker who needed an anchor
The Dallas Fed has introduced a special section to its website "Rhymes with No Reason" listing some of Bob McTeer's classic poems. As well as prose from the 'lonesome dove' it contains various stories including how he apparently saved a dog's life.
But Fund staff hit out at selection process
The perceived carve up of the IMF and World Bank top jobs between the US and Europe provoked a grassroots revolt among staff at the Washington-based Fund this week.
Greenspan well, but has he upset the White House?
Rumours that Alan Greenspan had a heart attack were soon dismissed but a report this week says the Fed chairman is out of favour with the White House following the release of Paul O'Neill's book.
Kate Barker reappointed to MPC
The UK Chancellor Gordon Brown announced the reappointment of Kate Barker to the Bank of England's Monetary Policy Committee (MPC) on Friday 2 April for a second term of three years.
Fire alarm halts ECB press conference
The ECB's monthly news conference in its Eurotower headquarters on Thursday 1 April was interrupted temporarily by a fire alarm.
Liikanen may bid for governorship of Finland cb
Erkki Liikanen, the European Commissioner for Enterprise and the Information Society, says that he is considering applying for the post of Governor of the Bank of Finland.
Fed's Kohn:Rate-hike "burden of proof" not yet met
In a speech on 'Monetary Policy and Imbalances' given on 1 April, Donald Kohn of the Federal Reserve rejected the argument that the Fed should start raising rates sooner rather than later because "keeping the funds rate so low and signalling that it will…
Moskow on monetary policy and the jobless recovery
In a speech on 'Monetary Policy and the Jobless Recovery Puzzle' given on 1 April, Michael Moskow of the Federal Reserve Bank of Chicago said it was too soon to know when the Fed would begin to raise interest rates from the lowest level since 1958.
Heikensten: Introduction on monetary policy
In a speech on 'Introduction on monetary policy' given on 1 April, Lars Heikensten of the Sveriges Riksbank said we can now see that the economic upswing is continuing to strengthen gradually. Industrial activity has made some progress; export demand is…
Survey of developments in e-money
The Committee on Payment and Settlement Systems (CPSS) has published its March 2004 Survey of developments in electronic money and internet and mobile payments. In this survey the number of participating central banks and monetary authorities has…
Hungary set to delay eurozone entry
The Hungarian government is likely to delay the country's euro entry by one or two years from the original target of 2008, finance minister Tibor Draskovics said on Thursday 1 April.
Foreign reserves hit record high in South Korea
South Korea's foreign currency reserves hit a record high of 163.56 billion dollars at the end of March, according to the Bank of Korea.
IMF and WB to play part in Iraqi debt settlement
Russian Finance Minister Alexey Kudrin said on Friday 2 April that the issue of Iraqi debt settlement will be solved together with the World Bank and the International Monetary Fund (IMF).