Central Banks
Taiwan Sept bad check ratio 0.86% vs August 0.78%
TAIWAN - Taiwan's bad check ratio in terms of the number of checks issued rose to 0.86% in September from 0.78% in August, the island's central bank said Monday.
Bank of Japan - Annual Report 2001
ANNUAL REPORT - The Bank of Japan has published its Annual Report for the year ended 2001.
Speech by Otmar Issing of the ECB
SPEECH - Speech by Professor Otmar Issing, Member of the Executive Board of the European Central Bank at the German British Forum, London, 17 October.
Speech by Alfred Broaddus President Richmond Fed
SPEECH - Remarks by J. Alfred Broaddus, Jr., President of the Federal Reserve Bank of Richmond, at the Fall Business Forum Luncheon, Lenoir-Rhyne College Business Council, Hickory, NC, 16 October.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Chairman Alan Greenspan, Federal Reserve Board Chairman at the Institute for International Economics' Inauguration of the Peter G. Peterson Building, Washington, D.C., 24 October.
NIESR Quarterly Economic Review
RESEARCH - The National Institute of Economic and Social Research (NIESR), based in the UK, has published its Quarterly Economic Review, October 2001.
Austrian central bank warns of forged euro notes
AUSTRIA - Wolfgang Duchatczek, a director of central bank Oesterreichische Nationalbank (ONB), has warned Austrian consumers to be on the look-out for forged euro banknotes following the launch of the new European single currency on 1 January 2002.
NIESR report - UK to avoid slide into recession
UK - The UK will weather a sharp global slowdown and there is no reason to cut interest rates further, according to a leading think-tank.
UK economy defies world slowdown in Q3
UK - Britain's economy grew at a much faster rate than expected in the third quarter of 2001, defying the global slowdown that has been exacerbated by last month's attacks on the United States, data showed on Friday.
Swiss SNB sells 7.7 tons of gold in 10-day period
SWITZERLAND - The Swiss National Bank sold around 7.715 metric tons of surplus gold in its latest 10-day reporting period ended 19 October, central bank statistics showed Monday.
NBU's gold-currency reserves over US $3 billion
UKRAINE - As of 19 October the National Bank of Ukraine's gross gold-currency reserves had reached a record US$ 3.007 billion, having increased by US$ 1.379 billion since the beginning of the year.
Fed's McTeer - Rate cuts not effective enough yet
US - Four percentage points worth of rate cuts by the Federal Reserve have so far not done enough to help the struggling U.S. economy, Federal Reserve Bank of Dallas President Robert McTeer said Wednesday.
BOK to pursue flexible monetary policy
SOUTH KOREA - The Bank of Korea (BOK) will manage its monetary policy in a flexible manner, paying attention to its effect on the real economy, BOK governor Chon Chol-hwan said Thursday in a speech.
UK Moneybox install cash dispenser in Netherlands
NETHERLANDS - Moneybox Netherlands, a subsidiary of UK Moneybox Corporation, is to install 750 cash dispenser in the Netherlands, the company spokesman said on 23 October.
Speech by David Dodge, Governor of Bank of Canada
SPEECH - Remarks by David Dodge, Governor of the Bank of Canada, to the Greater Moncton Chamber of Commerce and the Conseil economique du Nouveau-Brunswick, Moncton, New Brunswick, 24 October.
The Federal Reserve Beige Book
REPORT - The Federal Reserve published on 24 October its regular Summary of Commentary on Current Economic Conditions by Federal Reserve District known as the Beige Book.
Minneapolis Fed's District Economic Survey
REPORT - The Federal Reserve Bank of Minneapolis has published its District Economic Survey in its district business newspaper the fedgazette.
European Central Bank - Monetary Policy Decisions
ECB PRESS RELEASE - Monetary policy decisions, 25 October 2001.
Canada's Dodge offers little hope for 2002 economy
CANADA - Bank of Canada Governor David Dodge in a speech on Wednesday chipped away at hopes the Canadian economy might recover in 2002 from its current slowdown, a sickly state worsened by the attacks on the United States last month.
Canada cuts rates to lowest level in 40 years
CANADA - The Bank of Canada surprised the markets by cutting interest rates by three-quarters of a point to the lowest level in 40 years on Tuesday.
ECB leaves interest rates on hold
EUROPE - The European Central Bank has left interest rates unchanged at 3.75% on Thursday.
Hungary's Nat Bank to build new logistics centre
HUNGARY - The National Bank of Hungary plans to build a new logistics centre, also housing the National Mint - Magyar Penzvero - on the outskirts of Budapest or outside the city, the central bank announced on Friday.
US reports weak economic activity
US - Economic activity was weak across the US in September and the first half of October, as the effects of last month's terrorist attacks compounded the slowdown already in place before 11 September, the Federal Reserve said yesterday, Wednesday.
HKMA's Yam - Catastrophe to drop HK$ peg now
HONG KONG - HKMA chief uses strong words to quash talk of de-pegging from US$ in a speech given on Wednesday.