Central Banks
Euro notes designer will escape launch controversy
AUSTRIA - When the euro enters circulation in January, the man responsible for the look of a the new notes is planning to take his family on a long holiday - outside Europe.
Bank charges given support by Australian study
AUSTRALIA - A study by Macquarie University claims that banks are justified in charging high service fees.
Uzbekistan eases foreign currency restrictions
UZBEKISTAN - Uzbekistan's Central Bank increased from 31 July the maximum amount of freely convertible currency that can be sold to Uzbek citizens travelling to countries outside the territory of the former Soviet Union to 400 dollars (from 300 dollars),…
Power of monetary policy is greatly exaggerated
ARTICLE - Greenspan's 10-year honeymoon is over - By Jack Carr, National Post, 1 August 2001.
E-day countdown - ECB ad campaign to roll 1 Sept
GERMANY - European Central Bank chiefs begin their annual break this week knowing that when they return from their holidays the push to make the euro a reality in the lives of millions of Europeans must begin in earnest.
Philippine Ctrl Bk mulls hiking liquidity reserves
PHILIPPINES - The Philippine Central Bank is considering hiking anew the liquidity reserve requirement of commercial banks to help boost the ailing peso.
Austrians 'underestimate' euro
AUSTRIA - According to a survey published on 3 August, the euro is not an issue for most Austrians. A majority of 62 per cent have not or almost not informed themselves on the new currency, only 13 per cent consider themselves as "very interested" in the…
Faster growth? If we want it
SPEECH - An address by Donald T. Brash, Governor of the Reserve Bank of New Zealand to the Catching the Knowledge Wave conference, Auckland, 2 August.
The Economy in Transition
SPEECH - Remarks by Jack Guynn, President and Chief Executive Officer, Federal Reserve Bank of Atlanta, Jackson Rotary Club, Jackson, Mississippi, 23 July.
Comments on the Economy and Monetary Policy
SPEECH - Remarks by J. Alfred Broaddus, Jr., President, Federal Reserve Bank of Richmond, Washington Association of Money Managers, The Embassy Row Hotel, Washington, DC, 5 June.
A Monetary Policymakers Perspective on the Economy
SPEECH - Presentation to a community leaders luncheon by Federal Reserve Bank of San Francisco President and CEO Robert T. Parry at Kahala Mandarin Hotel, Honolulu, Hawaii, 14 June.
The euro changeover in the Irish context
SPEECH - Statement by Mr Maurice O'Connell, Governor of the Central Bank of Ireland, to the Irish Parliamentary Joint Committee on Finance and the Public Service, in Dublin on 18 July.
Speech by the Bundesbank's Juergen Stark
SPEECH - Deputy Governor of the Deutsche Bundesbank, Dr. Jurgen Stark, spoke at the International Conference organised by the Konrad Adenauer Stiftung and the Brazilian Institute of Economics - Getulio Vargas Foundation "International financial…
Speech by the Bundesbank's Hermann Remsperger
SPEECH - Address at the Symposium, Hedonic Methods in Price Statistics, Wiesbaden, 21 June, by Professor Hermann Remsperger, Member of the Board of the Deutsche Bundesbank. The Evolution of Inflation Measurement: A Central Banker's View.
OFT to become payments systems regulator
UK - Competition watchdog - UK treasury believes new powers will cut £1bn 'excess profits' made by banks.
Why the Bank changed its mind
UK - Mervyn King will have some explaining to do when he presents the Bank of England's inflation report next week writes the FT in London, 3 August.
Myanmar introduces measures to stabilise currency
MYANMAR - Deciding to dine out in Myanmar will no longer be a headache of currency proportions for many diners in the country, reports Channel News Asia.
Argentina's Blejer to become central bank VP
ARGENTINA - Mario Blejer, a former International Monetary Fund economist and top aide to Economy Minister Domingo Cavallo, will become vice president of the country's Central Bank, an official at the monetary authority confirmed on 2 August.
Chicago Fed: Recession risks rising
US - The risk that the U.S. economy is in a recession rose in June to its highest level this year, the Federal Reserve Bank of Chicago said on 2 August as it released its monthly index of U.S. economic activity.
Observations on recent economic developments
SPEECH - Address by Mr. T. T. Mboweni, Governor of the South African Reserve Bank, Southern African-German Chamber of Commerce and Industry, 13 July.
Speech by Governor of the State Bank of Pakistan
SPEECH - Address by Dr Ishrat Husain, Governor of the State Bank of Pakistan, at Mahbul Haq memorial seminar held on 16 July at Islamabad on Pakistan's development challenges.
Surprise cut in UK interest rates
UK - The Bank of England's Monetary Policy Committee (MPC) has cut interest rates by 0.25%.
Bank of England committee reduces interest rates
UK - Bank of England Reduces Interest Rates by 0.25% to 5.0%
ECB press release - Interest rates unchanged
EUROPE - The European Central Bank has left all its key interest rates unchanged following its governing council meeting this morning.