Research
Chicago Fed Letter, October 2002
PUBLICATION - The October 2002 issue of the Chicago Fed Letter is titled 'Solving the problem of small change' - In the last hundred years, monetary systems have evolved from commodity-based, meaning their value is tied to a commodity like gold, to fiat…
Philadelphia Fed Business Outlook Survey
REPORT - Results from August's Business Outlook Survey show for the first time this year, manufacturing firms' responses from the Business Outlook Survey indicate a slight decrease in activity. Indicators of general activity, new orders, and shipments…
Chicago Fed National Activity Index, August 2002
REPORT - CFNAI indicates economy slowed in August - In August, the Chicago Fed National Activity Index (CFNAI) fell to its lowest level since December 2001, largely as a result of weakness in the production- and employment-related data. The CFNAI fell to…
UK Treasury Report - Andrew Large's Appointment
REPORT - UK Treasury Select Committee report on the appointment of Sir Andrew Large as a Deputy Governor of the Bank of England and Member of the Monetary Policy Committee, released 30 September. The committee concluded, 'We are satisfied that Sir Andrew…
Reserve Bank of New Zealand Bulletin, September
REPORT - The Reserve Bank of New Zealand on Monday released the September 2002 issue of their Bulletin. This issue of the Bulletin explores aspects of the two core objectives of modern central banks - price stability and financial system stability.
IMF World Economic Outlook, September 2002
REPORT - World Economic Outlook, Trade and Finance, International Monetary Fund, September 2002. In the most recent World Economic Outlook the International Monetary Fund said that world economic output would increase by 3.7% in 2003, compared to its…
Bank of Japan Monthly Report, September 2002
REPORT - The Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, September 2002, on 20 September. In its report the Bank of Japan left its assessment of the Japanese economy unchanged for the second consecutive month…
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 8 and 9 August 2002, released 24 September. On the current state of Japan's economy, members concurred that despite persistent weakness in domestic demand and increasing uncertainty…
Transparency at the IMF
REPORT - A Factsheet published by the International Monetary Fund on 20 September 2002.
Business Survey Barometer August 2002
REPORT - The National Bank of Belgium's Business Survey Barometer for August 2002 stabilised in August after declining in the previous two months.
Bank of England Quarterly Bulletin Autumn 2002
REPORT - Of particular interest in the Autumn Quarterly Bulletin, released Monday, are the articles 'Committees versus individuals: an experimental analysis of monetary policy decision-making' where a simple experiment with students apparently confirmed…
Customer due diligence for banks
REPORT - Customer due diligence: a new level of commitment among bank supervisors. Basel Committee Publications, 19 September 2002.
South African Reserve Bank Quarterly Bulletin
REPORT - The South African Reserve Bank has published its Quarterly Bulletin for September 2002. In the Bulletin the SARB report that deteriorating financial market conditions could dampen the global recovery. Falling stock market prices, through various…
ECB Monthly Bulletin, September 2002
REPORT - The European Central Bank published its September 2002 Monthly Bulletin on 19 September. In the bulletin the ECB said that while the euro zone economy was still on a path of modest growth for this year, "there are downside risks to the economic…
IMF Global Financial Stability Report
REPORT - The International Monetary Fund on 12 September published its Global Financial Stability Report, Market Developments and Issues, September 2002. In the report the IMF said there were "signs of contagion" from Brazil to other emerging market bond…
Federal Reserve Board - Beige Book, September 2002
REPORT - The Federal Reserve Beige Book released 11 September showed slow and uneven growth across the country, and that manufacturers, hit hard by the recession, continued to experience weak demand. Other findings included little job growth.
Deutsche Bundesbank Monthly Report, August 2002
REPORT - Germany's central bank, on 11 September published its Monthly Report for August 2002. The Bundesbank finds that although the global economic recovery continued at a moderate pace in the second quarter, the outlook for the coming months has…
Articles from the Federal Reserve Bulletin
PUBLICATION - Retail Fees of Depository Institutions, 1997-2001, by Timothy H. Hannan in the Federal Reserve Bulletin, September 2002. Since 1990, the Federal Reserve Board has reported annually on changes in the availability of retail banking services…
BIS Quarterly Review September 2002
REPORT - BIS Quarterly Review, International Banking and Financial Market Developments, September 2002. The BIS Quarterly Review released today, 9 September, is divided into two parts. The first part analyses recent developments in financial markets,…
Bank of England Working Paper
RESEARCH - Regulatory and 'economic' solvency standards for internationally active banks by Patricia Jackson, William Perraudin and Victoria Saporta, Bank of England. In this paper, light is shed on the solvency standards implied by current and possible…
BIS Working Paper Series
RESEARCH - China's asset management corporations by Guonan Ma and Ben S C Fung, August 2002.
Chicago Fed Letter, Special Issue, September 2002
PUBLICATION - The September 2002 Special Issue of the Chicago Fed Letter looks at Asset price bubbles and their implications for monetary, regulatory, and international policies. Difficulties in identifying asset price bubbles were discussed by attendees…
International Monetary Fund Working Paper
RESEARCH - Central Bank Financial Strength, Transparency, and Policy Credibility by Peter Stella, Monetary and Exchange Affairs Department, IMF, August 2002.
IMF assessment of Macau's financial regulation
REPORT - Macao SAR, Assessment of the Regulation and Supervision of the Financial Sector, International Monetary Fund, Monetary and Exchange Affairs Department, 3 September.