Central Banks
Bank of Japan Monthly Report, July 2002
REPORT - On 18 July the Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, July 2002. In the report the BOJ says that Japan's economy, despite continued weakness in domestic demand, has almost stabilized as a whole…
Bank of England News Release, 18 July
NEWS RELEASE - The Bank of England plans to resume issuing the new Elizabeth Fry £5 note in the week commencing 19 August.
UK Treasury criticised over Bank of England posts
UK - The Treasury has been rebuked for failing to follow proper procedures for appointments to the Bank of England's governing body.
Euro did cause price prices - Eurostat
GERMANY - The changeover to euro banknotes and coins might have added as much as 0.2 percentage points to eurozone inflation in the first half of this year, Eurostat, the European Union's statistical agency, said on Wednesday.
Cheap money and big risks
ARTICLE - Those who still hang on Alan Greenspan's every word should have little difficulty predicting the direction of US interest rates: the next change will be up, writes the FT in London on Thursday in an editorial.
Edward George enters ECB race - and promptly exits
UK - The Financial Times on Thursday speculates that Edward George could be the ideal man for the ECB's top job now that long-time favourite Jean-Claude Trichet faces trial. However, sources at the Bank of England told CentralBankNet on Thursday that…
Deputy head of Central Bank of Russia appointed
RUSSIA - Central Bank of Russia chairman Sergey Ignatyev signed on Wednesday an order appointing Konstantin Korishchenko as his deputy, a source in the bank said Thursday.
Russian PM criticises central bank over inflation
RUSSIA - Russian Prime Minister Mikhail Kasyanov has pointed to continued favourable trends in the national economy but scolded the central bank over its lack of control over inflation.
Brazilian real hits new low as c bank cuts rates
BRAZIL - The Brazilian real has closed at a record low against the dollar after the country's central bank announced a surprise cut in interest rates.
Fed Reserve Bank of Richmond - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of Richmond has published its Annual Report for the year ended 2001.
Fed Res Bank of San Francisco - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of San Francisco has published its Annual Report for the year ended 2001.
Fed Reserve Bank of St Louis - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of St Louis has published its Annual Report for the year ended 2001.
Bank of Italy - Annual Report 2001
ANNUAL REPORT - The Bank of Italy has published its Annual Report for the year ended 2001.
Central Bank of Iceland - Annual Report 2001
ANNUAL REPORT - The Central Bank of Iceland has published its Annual Report for the year ended 2001.
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes from the Bank of England's MPC meeting 3 and 4 July, released 17 July. The Bank of England's Monetary Policy Committee voted 8-1 to leave interest rates at 4.0 percent for the eighth month running in July, the minutes showed.
IMF Extends Argentina's SRF Repayment by One Year
PRESS RELEASE - IMF Extends Argentina's SRF Repayment by One Year, 15 July.
Historical Model Describes 1900s Gold Standard
RESEARCH - An article in the latest edition of Economic Perspectives, from the Chicago Fed, looks at how the United States adopted the gold standard in the late nineteenth century, pegging the dollar to the British pound sterling and other currencies.
Think tank recommends orderly change in Argentina
ARGENTINA - Argentine authorities must take care to avoid a chaotic and unpredictable restructuring of the country's fragile financial system, local economic think-tank Fundacion Capital (FC) said in a report on the financial system.
Solomons central bank gov warns of savings scam
SOLOMON ISLANDS - Central Bank Governor Rick Hou has dismissed rumours associating him with a scheme called the Family Charitable Fund, which purports to be a local agent for the Lady Diana Memorial Fund. The rumours alleged that the bank governor and…
One opposed last UK rate decision minutes reveal
UK - The men and women who set interest rates in the UK earlier this month voted overwhelmingly in favour of leaving interest rates unchanged at 4%, minutes of the rate decision meeting show.
BofE chief George saved from letter to chancellor
UK - The prospect of an imminent rise in interest rates receded yesterday after an unexpectedly sharp fall in underlying inflation to its lowest level for at least 27 years.
Zero-inflation man debates fine points at U.S. Fed
ARTICLE - He was a loyal foot soldier in a decades-long inflation battle, vowing to seek a total victory that left no sign of the enemy. But now that some say the war is won, he finds himself debating the finer points. St. Louis Fed President William…