European Central Bank (ECB)
ECB's Papademos on monetary policy
In the speech 'Monetary policy in a changing world: Commitment, strategy and credibility' given on 1 December Lucas Papademos of the ECB said that the ECB's policy for fighting inflation had been proven successful in the period since Europe adopted a…
ECB's Tumpel-Gugerell on TARGET2-Securities
In the speech 'TARGET2-Securities: from vision to reality. The Eurosystem's contribution to an integrated securities market' given on 30 November Gertrude Tumpel-Gugerell of the ECB invited national central securities depositaries (CSDs) to discuss the…
Trichet: lessons for EU financial integration
Jean-Claude Trichet, president of the ECB, set out some of the key lessons for greater financial integration among EU economies in a recent speech.
ECB sells more gold
The ECB sold 23 tons of gold on 30 November, the central bank said.
Gonzalez-Paramo: fixed FX will help Cyprus
Jose Manuel Gonzalez-Paramo, member of the executive board of the ECB, said at a recent conference that Cyprus' experience of adjustment under fixed exchange rate regimes would help the country in its goal of adopting the euro.
IMF ups eurozone growth forecast
The IMF's European department director, Michael Deppler, said on 28 November that the Fund has raised its eurozone growth forecast for both this year and next.
Explaining Fed watchers' mistakes
The authors of this ECB working paper argue that the heterogeneity in the views of private sector Fed watchers is explained by the educational employment backgrounds, as well as by where they are located.
Europe's new large-value payment system on target
Europe's new large-value payment system is on schedule to go live in 2007 says the European Central Bank in its third annual report on TARGET2.
How independent should a central bank be?
According to this article by William Keegan at The Observer, published Tuesday 21 November, as Prime Minister, Gordon Brown wouldn't dare to tamper seriously with the system at the Bank of England for which he has received so much praise.
ECB's Stark on challenges of euro area enlargement
In the speech 'Economic and monetary challenges of euro area enlargement' given on 20 November Jurgen Stark of the ECB said it is crucial that central banks have full independence in the new EU member states, in practice as well as in theory.
E. Asia-Pacific & Eurozone cb seminar
The Reserve Bank of New Zealand and the European Central Bank jointly organised the 3rd High-Level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area on Tuesday 21 November.
Serbia concerned on central bank independence
The governor of the National Bank of Serbia (NBS) has expressed concern that the independence of the central bank has been 'seriously compromised,' according to a report by the Financial Times on Monday 20 November.
Trichet positive on global growth but sees risks
European Central Bank president Jean-Claude Trichet said Monday 20 November that the global economy is set for dynamic growth in 2007 but central bankers must remain vigilant as oil prices still threaten to stoke inflation.
ECB wants more clarity on Sepa for cards
The European Central Bank said Monday 20 November it has laid down a new set of objectives for payment card schemes to achieve in order to become Sepa-compliant, amid concerns that current provisions would lead to higher prices and a deterioration in…
ECB's Bini Smaghi on ageing and pension funds
In the speech 'Ageing, pension funds and household wealth allocation in the euro area' given on 15 November of the ECB said shifts in households' financial investments and liabilities complicate the ECB's analysis of money and credit growth.
SNB's Hildebrand on money and monetary policy
In the speech 'Money and monetary policy - the ECB experience 1999-2006' given on 9 November Philipp Hildebrand of the Swiss National Bank said in practice, it is often difficult to consider money in the conduct of policy.
ECB's Tumpel-Gugerell on SEPA
In the speech 'SEPA - Opportunities by change' given on 13 November Gertrude Tumpel-Gugerell of the ECB said it is important to underline that payment instruments will have to adapt to the SEPA environment.
Trichet at the ECB's Central Banking Conference
In his closing speech at the Fourth ECB Central Banking Conference given on 10 November Jean-Claude Trichet of the ECB said in assessing the success of central bank policy, the historical context always needs to be taken into account.
Noyer: Does money matter? A European perspective
In the speech 'Does money matter? A European perspective' given on 9 November Christian Noyer of the Bank of France said euro zone money supply growth may remain strong because of a structural increase in the demand for money.
Drug linked to disintegrating euros
A mystery substance that caused some euro banknotes in Germany to fall to pieces may be linked to the party drug crystal speed, Der Spiegel magazine reported on Saturday 11 November, quoting regional police.
Eurozone rates "damn low" says ECB's Wellink
European Central Bank council member Nout Wellink said in an interview published Tuesday 14 November interest rates in the eurozone are still ``damn low.''
Financial integration helps avert shocks - Trichet
European Central Bank president Jean-Claude Trichet said Monday 13 November closer financial integration will raise the eurozone's resistance to external shocks and increase its growth potential.
Meister on the EU Banking Stability Report
In a speech given on 7 November Edgar Meister of the Banking Supervision Committee said as analysts of banking sector stability, we have to take into account that the links between large EU banks and hedge funds are intensifying.
ECB's Papademos on the conduct of monetary policy
In the speech 'The role of money in the conduct of monetary policy' given on 9 November Lucas Papademos of the ECB said a large and influential body of academic work has disregarded or deemphasised the role of money as a determinant of inflation, even in…