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Central Banks

Bank of Canada Review, Spring 2003

The Bank of Canada published its Review for Spring 2003 on 15 May. The Review contains articles titled The Bank of Canada: Moving Towards Transparency, Inflation Targeting and Medium-Term Planning: Some Simple Rules of Thumb, Conference Summary: Price…

Philadelphia Fed Business Outlook Survey, May 2003

The region's manufacturers report weaker activity for the second consecutive month in April's Business Outlook Survey from the Philadelphia Fed. Indexes of general activity, new orders, and shipments all declined this month. Firms surveyed also reported…

Freedman on financial stability

In a speech on 'Financial Stability: National and International Issues' Charles Freedman of the Bank of Canada discussed recent developments in the area of financial stability -i nternational and national.

Cleveland Fed Banking and Payments Workshop

The Federal Reserve Bank of Cleveland's Central Bank Institute is holding a Banking and Payments Workshop from 19-21 May. Contributors are a mix of academics and central bankers with discussions including 'The ABCs of Money and Banking', 'Money in a…

Central bank websites smarten IT up

Central banks have been fairly quick to use the internet and most now have their own websites. Several central banks including Spain, Brazil and Norway have recently relaunched their sites with added features and more information available. The Bank of…

BOG launches Interbank Settlement System

The central bank of Ghana (BOG) launched the Ghana Interbank Settlement (GIS) System on Thursday, reports GhanaWeb, with the governor of the BOG calling it the most efficient inter-bank money market in the West African Sub-Region.

US traces bulk of Iraqi central bank funds

Agence France-Presse reports that senior US Treasury official John Taylor said on Thursday 15 May,that the United States had identified most of the close to $ 1 billion, "We are getting more and more confirmation that the large bulk of those funds have…

Brazilian bill paves way for central bank autonomy

A bill was approved on Thursday May 15 which allows changes to the legal framework of Brazil's financial system and could see more autonomy for the central bank, according to a Reuters report. The vote, which was carried with a 97% majority in favour,…

IMF chief-Germany can still reach 0.5 pct growth

IMF chief Horst Koehler suggested on Thursday 15 May that the ECB had further room for rate cuts as inflation was not a problem for Germany or the other eurozone countries, according to Reuters. He also said that Germany still has a chance of reaching…

Wanted: An Alan Greenspan for South Korea

In a recent interview South Korean. When asked what he thought the Bank of Korea should do to boost growth, Bloomberg News reports thathe showed his determination to maintain the bank's independence: "I think that issue should be determined by the…

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