United Kingdom
Speech by Eddie George, Bank of England Governor
SPEECH - In the speech made Tuesday evening George said an unexpected jump in the UK's January inflation rate was probably "erratic" and forecast it would be around the Bank's 2.5 percent target in two year's time.
Bank of England Inflation Report - February 2002
REPORT - The Bank of England has published its latest quarterly inflation report for February 2002, 13 February.
Banks review systems for managing risk
UK - Risk managers at banks in Britain and Ireland are re-examining defences against rogue traders following the loss of $750m (£532m) by Allied Irish Banks last week.
Inflation leap adds to expectation of rate rise
UK - Inflation leapt in January, outstripping economists' expectations and raising fears that companies are exploiting surging consumer demand to push up prices.
UK inflation posts sharp rise
UK - UK inflation has soared unexpectedly, making an increase in interest rates in March more likely.
New anti-fraud cards on the way
UK - New measures to counter credit and debit card fraud have been unveiled by the UK's banking industry.
Bank may put printing pounds in private hands
UK - Private sector operators may be given the chance to print money under proposals by the Bank of England to jettison its banknote operations.
How Much Should Central Banks Talk? A New Argument
FEATURE - The appropriate level of disclosure of central bank information is a subject that has attracted much debate. Although there is still disagreement on the matter, some sort of consensus does appear to have been reached.
Bank of England keeps UK rates on hold
UK - The Bank of England has kept interest rates on hold following its latest rate-setting meeting.
Bank of England - News Release
NEWS RELEASE - Bank of England Maintains Interest Rates at 4.0%, 7 February.
BoE most transparent G7 central bank - economists
UK - The Bank of England is the most transparent central bank among the world's leading economies, according to a new ranking devised by two European economists.
Foreign banks play down euro importance to City
UK - Foreign banks operating in London believe that the City's success does not depend on the euro.
FSA steps up split caps probe
UK - The city watchdog has stepped up its investigation into split caps, with the announcement that it has started swooping on investment firms involved in the controversial trusts.
Speech by Eddie George, Bank of England Governor
SPEECH - In the speech George said "With inflationary pressures subdued, monetary policy generally can, for the time being at least, afford to remain reasonably supportive" - although he added that he made "no predictions as to what that may mean for…
BoE's George hints at reluctance to raise rates
UK - Sir Edward George, governor of the Bank of England, hinted last night that he does not support a rapid rise in interest rates.
Goodhart talks on central bank independence
UK - Professor Charles Goodhart a former member of the Bank of England's Monetary Policy Committee made a powerful argument for central bankindependence in a talk at the London School of Economics yesterday, Thursday. A CentralBankNet correspondent was…
ECB and BoE - distinguishing features
UK - Analysts often laud the speed of the Fed's response times, like the BoE's, to changes in the business climate, while they decry the supposed "slowness" and unpredictable nature of the ECB.
Bank of England - News Release
NEWS RELEASE - Financial Sanctions: Afghanistan (Taliban and Usama Bin Laden), 28 January 2002.
Regulator warns about health of insurance industry
UK - The Financial Services Authority has warned that it is important for the long-term health of the insurance industry and clients that its capital base is strengthened.
Voters 'will back euro' if economic tests passed
UK - Tony Blair would win a euro referendum just by saying that Britain had passed the five economic tests for joining, according to a poll published on Wednesday.
FSA acts to tighten assurers' solvency reports
UK - The Financial Services Authority plans to tighten rules that were used by Equitable Life, the troubled mutual life assurer, to bolster its reported financial strength.
Bank chiefs unanimous on rate freeze
UK - Bank of England gurus in charge of setting interest rates voted unanimously in favour of a rate freeze this month.
Speech by Eddie George, Bank of England Governor
SPEECH - In the speech George said that while an increasingly global economy served to boost living standards worldwide the fact that many poorer nations had unequal access to free markets meant more must be done to help them through the careful…
Speech by Christopher Allsopp of Bank of England
SPEECH - Charles Allsopp said in the speech that maintaining a stable rate of economic growth should be given a clearer role in the policy framework of the European Central Bank and that greater symmetry in inflation targetting had worked well in Britain…