News
Fed's Bernanke sees U.S. expansion continuing
US - One of the Federal Reserve board's newest governors said this weekend that while the U.S. expansion should keep going, the Fed must be on guard against acute weakness.
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UNAVAILABLE - The Central Bank Annual Report you are searching for has not been published on the internet yet by that particular central bank. As soon as the central bank makes their Annual Report available it will be added to the CentralBankNet archive…
CentralBankNet.com Annual Reports
ANNUAL REPORTS - CentralBankNet.com contains a constantly updated archive of central bank Annual Reports. We now have 92 for the year ending 2001. To access the annual reports section click the link below or the link "Annual Reports" on the left. There…
European Central Bank Report
REPORT - Publication of the second edition of the accession country Blue Book. The European Central Bank (ECB) is today (30 August) publishing a report entitled "Payment and securities settlement systems in accession countries", the "accession country…
Eurozone CPI rises above ECB ceiling
GERMANY - Consumer price inflation in the eurozone rose above the European Central Bank's 2 per cent ceiling in August, weakening any hopes of a rate cut in the near future.
Politician attacks Bank of England indecision
UK - Michael Howard, shadow UK chancellor, on Thursday attacked the Treasury for failing to fill the post of deputy governor of the Bank of England, accusing the chancellor of incompetence.
Higher reserve rule from Mexico's central bank
MEXICO - From 26 September Mexico's commercial banks must keep at least 150bn pesos (US$15.2bn) in deposits at the country's central bank, up from the current 95bn-peso requirement.
Bank Indonesia Press Release
PRESS RELEASE - Bank Indonesia management and staff rejoice at Jakarta High Court acquittal of Governor of Bank Indonesia, 30 August.
Nigerian central bank tackles money laundering
NIGERIA - As the war on money laundering intensifies in Nigeria, the Central Bank of Nigeria has given local banks until the end of September to clean up their acts or face severe sanctions, reports Business Day.
Bank of Thailand auctions B1bn in government bonds
THAILAND - The Bank of Thailand on Wednesday auctioned one billion baht worth of government bonds due in June 2009 for an accepted average yield of 3.805%. The coupon rate for the bonds was 4.625% with a bid coverage ratio of 4.99 times.
Greenspan defends Fed's record over market failing
US - Alan Greenspan, the chairman of the Federal Reserve, staunchly defended himself on Friday against mounting criticism that he should have done more to prevent the stock market bubble of the 1990s.
RBI Annual Report confident of credit growth
INDIA - The Reserve Bank of India (RBI), in its annual report for 2001-2002 released Friday, has said that the overall stance of the monetary policy for 2002-03 would be on the provision of adequate liquidity to meet credit growth and support investment…
Qatar's finance conference to be held in London
QATAR - Qatar's next finance and investment conference will be held on 19 and 20 September in London. It is organized by the ABC establishment. Remarkable figures and ministers from Qatar and several financial, investment and industry establishments are…
Indonesia's central bank chief cleared of charges
INDONESIA - In an unexpected move, the Jakarta High Court acquitted Bank Indonesia Governor Sjahril Sabirin of all charges in connection with his involvement in the 1999 Bank Bali scandal, overturning the decision of the Central Jakarta District Court to…
Minutes from the Sveriges Riksbank Board meeting
MINUTES - Minutes of the Sveriges Riksbank Executive Board meeting on 15 August, published 29 August. The Board noted that recent statistics suggest that the prospects for a recovery of economic activity in Sweden are still good. The Chairman found that…
Minutes of the Federal Open Market Committee
MINUTES - The Federal Reserve on 23 August released the minutes of its regular FOMC meetings from 20 May to 24 June.
West African central bank suffers armed robbery
IVORY COAST - Armed robbers have raided the high-security central bank of Western Africa in Ivory Coast and stolen 2.6bn CFA francs ($3.8m).
Atlanta firm says no sir to a Greenspan knighthood
US - An Atlanta-based public interest law firm is protesting Alan Greenspan's acceptance of an honorary knighthood, reports the Associated Press, saying the Federal Reserve Chairman should seek Congress' approval first.
Brazil's Fraga sees 2002 GDP growth at 1 per cent
BRAZIL - Brazilian central bank head Arminio Fraga said he expects Brazil's economy, now suffering from the fallout of severe market turmoil, to expand at about 1 percent this year, less than previous forecasts, according to a research report by Goldman…
BOK governor concerned over current account
SOUTH KOREA - Park Seung, governor of the Bank of Korea (BOK), said Wednesday there are mounting concerns that the current account balance could swing into the red due to rising travel deficits and reckless consumption.
Poland's c bank head concerned over debt-GDP ratio
POLAND - Central Bank President Leszek Balcerowicz expressed concern over the growth of public debt in relation to GDP while speaking to Radio One in Poland on 29 August.
Bank of England vacancy may breach constitution
UK - The Bank of England may be left in breach of the terms of its legal constitution if Gordon Brown, UK Chancellor, fails to appoint a replacement for David Clementi, the outgoing deputy governor, by the weekend, the FT reported on Thursday.
Sveriges Riksbank Press Release
PRESS RELEASE - Governor Urban Backstrom spoke on Saturday at the 5th ACI Nordic Congress in Gothenburg on the topic of "What happened to the new economy?"
BIS Press Release
PRESS RELEASE - Basel Committee releases survey on internal audit in banks, 28 August. The Basel Committee on Banking Supervision is today publishing the results of a survey of internal audit issues in banks in 13 countries utilising the framework of the…