Central Banks
BOJ downgrades assessment for 6th month running
JAPAN - The Bank of Japan (BOJ) on Monday downgraded its assessment of Japan's economy for the sixth straight month, saying personal consumption is gradually weakening due to the negative effects of sluggish industrial production on employment and income.
Japan gov't to work with BOJ to tackle deflation
JAPAN - The Japanese government's key policy-setting panel has decided that the government will coordinate policies with the Bank of Japan in an effort to come up with solutions to tackling persistent deflation, according to a memo from the panel's…
Trichet sees 0.3% growth in France in 4th quarter
FRANCE - Bank of France Governor Jean-Claude Trichet expects French economic growth at 0.3% in the fourth quarter of 2001, following estimated 0.3% growth in the third quarter, according to an interview Monday in French daily newspaper La Croix.
Plenderleith: 11 Sep shows fin system resilience
UK - Bank of England executive director Ian Plenderleith said Monday that the world financial markets had done a "fantastic job" in withstanding the shocks following the 11 September attacks on the U.S.
Central bank of Greece goes live with finance kit
GREECE - Trema, the premier provider of financial technology, today announced that Bank of Greece has gone live with Finance KIT after completing the second phase of the implementation project, making it the first central bank to benefit from Trema's pre…
Bank of Canada Review Autumn 2001
RESEARCH - Factors Affecting Regional Economic Performance in Canadaby Brigid Brady and Farid Novin. Short summary.
Speech by the Governor of the Bank of Greece
SPEECH - Speech by Lucas Papademos, Governor of the Bank of Greece at the Euro Information Conference, Athens, 17 October.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan at the James A. Baker III Institute for Public Policy, Rice University, Houston, Texas, 13 November.
National Bank of Poland - Annual Report 2000
ANNUAL REPORT - The National Bank of Poland has published its Annual Report 2000.
EU: Wim mimics Alan, but ECB still far from fed
ARTICLE - European Central Bank president Wim Duisenberg is giving the impression he wants the same level of powerful influence over monetary policy as his counterpart at the Federal Reserve.
IMF mulls approach on terrorist funding
USA - Pressure from the US to act on terrorist financing has generated a debate within the International Monetary Fund on how it should respond.
OECD forecasts recovery
The OECD's forecasts, while acknowledging that the world may already be in recession, suggest that the recession may not be prolonged and it still expects a sharp recovery next year. "I don't see this as a severe global recession," Chief Economist…
Euro on show in Beijing
An exhibition entitled "The Euro Is Here" has opened at the China Numismatic Museum in Beijing.
NZ's Brash wary of deflation
Speaking at a roadshow aimed at small businesses today the Governor of the Reserve Bank of New Zealand, Donald Brash stressed that deflation was just as much a concern as inflation with regard to defining price stability.
BOJ reluctant to ease monetary policy
Bank of Japan Governor Masaru Hayami signalled reluctance to loosen monetary policy, doubting that it would have any effect.
Time for the euro to grow up
At a lecture organised by the Centre for Economic and Policy Research in London today Richard Portes of the London Business School said that it was time for the euro to grow up, for euro authorities to assume more responsibility in the international…
Eastern Caribbean Central Bank- Annual Report 2001
ANNUAL REPORT - Summary of the Annual Report and Statement of Accounts of the ECCB for 2001.
Speech by Stephen Grenville of the RBA
SPEECH - Talk by Stephen Grenville, Deputy Governor of the Reserve Bank of Australia to the Australian National University Conference on Regional Financial Arrangements in East Asia, Canberra - 12-13 November 2001.
Fed 'model' predicts stock gains
ARTICLE - A valuation model used by the U.S. Federal Reserve Board indicated last week that stocks were some 14% undervalued.
Argentina gives details on refinancing debt
ARGENTINA - Argentina's government yesterday announced plans to refinance the debts of 10 provinces, the first leg of its effort to restructure the country's entire $155bn ( £106bn) stock of federal and provincial debt.
NZ res bank won't replace departing dep gov
NEW ZEALAND - The Reserve Bank of New Zealand isn't planning to fill the vacancy about to be created by the departure of one of its deputy governors, Murray Sherwin, officials said Wednesday.
Three cheers for the euro?
The euro received three notes of approval today from the the People's Bank of China, the IMF and the OECD.
Thai central bank re-financing
The Thai cabinet on Tuesday approved a proposal to re-finance 90 billion baht ($2.02 billion) in debts of a central bank unit set up to bail out and take over troubled financial institutions.
Speech by Svein Gjedrem Governor of Norges Bank
SPEECH - Speech by Central Bank Governor Svein Gjedrem of Norges Bank, Norway's central bank, at the conference on EMU and the euro hosted by The European Commission, Euro-Info Centre and NHO (Confederation of Norwegian Business and Industry), Oslo, 30…