Central Banks
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes from the Bank of England's MPC meeting 3 and 4 April, released 17 April.
Reserve Bank of New Zealand News Release
NEWS RELEASE - Official Cash Rate increased to 5.25 per cent, 17 April.
Basel Committee Publications No. 89
REPORT - Sharing of financial records between jurisdictions in connection with the fight against terrorist financing, April 2002.
European Parliament Press Release
PRESS RELEASE - ECB Vice-Presidency - Nomination hearing for Lucas Papademos, European Parliament, Brussels, 22 April.
Testimony of Fed Chairman Alan Greenspan, 17 Apr
TESTIMONY - In testimony to the US Congress titled 'Monetary policy and the economic outlook' Greenspan said the strength of the current U.S. economic recovery was not yet clear and praised the economy's resilience in the face of some difficulties, "but…
Speech by U Backstrom of Sveriges Riksbank, 17 Apr
SPEECH - In the speech 'Perspective on the inflation target' Backstrom said the Swedish economy may be close to, or even above, full resource utilisation noting this posed a risks to future inflation.
Greenspan dampens rate hike fears
US - The US Federal Reserve is expected to leave interest rates unchanged until an economic recovery in the US has gained a strong foothold, analysts said after having listened to a key speech by the Fed chairman Alan Greenspan.
EU Parliament committee to question Papademos
BELGIUM - European Central Bank Vice President nominee Lucas Papademos will testify before the European Parliament's Economic and Monetary Affairs Committee (EMAC) on 22 April, the Parliament said on Wednesday.
Key Duma committees back three for CBR board
RUSSIA - The Duma Banking and Budget Committees supported Wednesday the candidacies of Oleg Vyugin, Andrei Kozlov and Nadezha Ivanova for the Central Bank of Russia (CBR) Board of Directors.
FX traders to kiss goodbye to settlement risk
FEATURE - Currency traders, more aware of the potential for disruption in the financial system after September 11, should draw comfort from a long-awaited settlement system linked to central banks that is due to go live this year.
Kazakh gold/forex reserves up to $2.65 bln
KAZAKHSTAN - Kazakhstan's net gold and foreign currency reserves grew to $2.650 billion on April 15 from $2.625 billion on 31 March, the central bank said on Wednesday.
High resource use a worry for Sweden's c bank
SWEDEN - The Swedish economy may be running close to or even above full resource utilisation, the governor of Sweden's central bank, the Riksbank, said on Wednesday, adding this posed risks for inflation in the future.
Japan lawmaker says BOJ chief not worth his salt
FEATURE - Is a central bank governor who has been unable to halt a three-year decline in prices or prevent the longest recession in decades worth his salt - particularly when his paycheck is 38.43 million yen ($293,000) a year?
India considers establishing gold exchange
INDIA - Pressure is building on the Indian federal government to give clearance for setting up a gold exchange for spot, forward and futures trading in the precious metal.
Argentine economy minister to meet US' O'Neill
ARGENTINA - Argentine Economy Minister Jorge Remes Lenicov, seeking IMF aid to help stabilize a brutal recession, will meet with U.S. Treasury Secretary Paul O'Neill during an upcoming trip to Washington, Argentine officials said late on Tuesday.
Bank of Japan Monthly Report - English text
REPORT - Monthly Report of Recent Economic and Financial Developments from the Bank of Japan, April 2002. Full English text available 15 April.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Bank of Japan Monetary Policy Meeting Minutes from the meeting of 28 February, released 16 April.
Speech by Governor, Danmarks Nationalbank, 11 Apr
SPEECH - In the speech Andersen rejected the suggestion that the central bank is targeting some kind of "normal rate spread" over European Central Bank interest rates.
Speech by Jamie Stewart, New York Fed Bank, 9 Apr
SPEECH - In the speech titled 'Challenges to the payments system following September 11' Stewart focused his remarks on the shocks to the payments system stemming from the events of September 11 and the steps that are being taken to ensure even better…
Changing the guard on the Bank of England's MPC
FEATURE - The Bank of England's Monetary Policy Committee is about to embark on its most radical shake-up since it was set up five years ago. Five of its nine members - including the Governor and his two deputies - will either be replaced or have their…
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/4 per cent, 16 April.
Canada raises interest rates on "robust" economy
CANADA - Citing evidence of a robust economic recovery, the Bank of Canada on Tuesday increased the overnight interest rate to 2.25 percent, up from a 40-year low of 2 percent.
UK inflation edges higher
UK - New figures have shown that UK inflation edged slightly higher in March.
Japan's credit rating lowest among G-7 nations
US - Japan's credit ratings were cut to "AA-" by Standard & Poor's, the third reduction in 14 months for the world's second-biggest economy.