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Economics

Fed's Kroszner on productivity growth

In the speech 'What drives productivity growth? Implications for the economy and prospects for the future' given on 27 September Randall Kroszner of the Federal Reserve said that strong U.S. productivity growth since the mid-1990s seemed set to persist…

Tumpel-Gugerell on financial system modernisation

In the speech 'Opening remarks at the conference on Financial System Modernisation and Economic Growth in Europe' given on 28 September Gertrude Tumpel-Gugerell of the ECB said EU economic growth has been disappointing in the period since the launch of…

Jarai says Hungarian forint vulnerable

"The forint is one of the most vulnerable currencies in the world," Hungary's central bank governor, Zsigmond Jarai said Wednesday 27 September at a conference hosted by the German-Hungarian chamber of commerce.

Interview with Richmond Fed's Lacker

Federal Reserve Bank of Richmond President Jeffrey Lacker told Reuters in an interview on Wednesday 27 September the U.S. economy was on solid ground, but that inflation was still a worry.

Household savings and wealth in New Zealand

This Reserve Bank of New Zealand paper released on 27 September discusses a range of factors that may account for the decline in saving. The paper was prepared as background for a presentation by Reserve Bank governor, Alan Bollard, to the New Zealand…

Israel's Fischer says 5% growth rate needed

Bank of Israel governor Stanley Fischer told the Finance Committee Tuesday 26 September economic growth must keep a pace of least five percent per year for 10 years for Israel to reduce poverty significantly in the long- term.

IMF paper on currency volatility trends

The IMF Working Paper "Common volatility trends in the Central and Eastern European currencies and the euro" asks how much convergence has been achieved between Central and Eastern European (CEE) economies and the eurozone.

Sweden's Srejber on greater budgetary discipline

In the speech 'Greater budgetary discipline in the EU through transparency and national ownership' given on 26 September Eva Srejber of the Sveriges Riksbank said there have been some improvements in some member states since the Pact was reformed in…

Dallas Fed's Fisher on a primer on inflation

In the speech 'A primer on inflation' given on 30 August Richard Fisher of the Federal Reserve Bank of Dallas emphasized that the economy is at a "crossroads" and stressed that the Fed is focused on inflation.

Tarisa first female to head BOT?

According to this article published by The Nation on Monday 25 September, the door is wide open for a number of candidates if Bank of Thailand governor MR Pridiyathorn Devakula leaves to become Prime Minister.

Philadelphia Fed Business Outlook Survey, Sep 2006

According to the firms surveyed for the Philadelphia Fed's September 2006 Business Outlook Survey, activity in the region's manufacturing sector slowed this month. Indicators for general activity, new orders, and shipments fell from their readings last…

Norway's Gjedrem on wealth management

In the speech 'Wealth management in a public setting' given on 18 September Svein Gjedrem of Norges Bank said Norway's vast state pension fund, which invests the country's oil wealth, is considering investments in riskier assets in search of higher…

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