Research
OECD calls for 'greater clarity' from BOJ
While the future looks more positive for Japan, significant reforms including greater transparency from the Bank of Japan still need to be made, the Organisation for Economic Development and Cooperation said Wednesday in its annual economic survey of…
Hungary publishes 2001 monetary policy guidelines
The National Bank of Hungary (MNB) agrees with the government on the necessity and method of changing the country's current exchange rate system, but so far no agreement has been reached on a timetable for the change, according to the MNB's monetary…
ECB publishes revision of Eurosystem instruments
The European Central Bank Tuesday said it has published its revision of Eurosystem monetary policy instruments and procedures.
BoE Allsopp - tighter fiscal stance needed
The British government should tighten its tax and spending plans if it wants lower interest rates, Bank of England rate-setter Christopher Allsopp said in a book published Monday.
Bank urges balancing act over payments competition
The Bank of England has warned the UK government that its plans to increase competition in the payments business must be balanced by the need to preserve the stability of the financial system.
Swedish financial system remains stable - Riksbank
Sweden's financial system remains stable thanks to good profitability in the banking sector and a strong economy, the Riksbank said on Thursday.
Risk of Greek economy overheating-Deutsche Bank
Monetary loosening ahead of Greece's entry into the Eurozone is combining with strong private sector investment activity to risk the Greek economy overheating, according to Deutsche Bank.
Financial crises in the emerging markets
A new paper just published by the Federal Reserve Bank of New York about financial crises in emerging markets and the role of the public and private sector.
Effect of oil price surge less than in 1970s - BIS
This year's surge in oil prices is likely to have less of an inflationary impact than the price shocks of the 1970s, the Bank for International Settlements said in its latest quarterly report.
Bank of Spain's disclosure for settlement systems
The Spanish central bank has now published a revised version of the responses to the disclosure framework for the Spanish CADE (CENTRAL DE ANOTACIONES, formerly SACDE), November 2000.
Economic integration in the Korean peninsula
Marcus Noland, senior fellow at the Institute for International Economics, has written a paper called "Economic Integration in Koreas: Prospect and Risks" for the ICAS autumn symposium 2000 in Washington, DC.
Bundesbank predicts soft landing for US economy
Signs of a gradual slowdown of the US economy are increasing, the Bundesbank said in its latest monthly report, citing the "sharp" decline in residential investment and government spending as the main contributions to the "tangible" slowdown in third…
US and euro interest rates to rise, says OECD
Interest rates in the world's leading economies look set to rise, the OECD warned in its bi-annual World Economic Outlook and predicted global growth of 4.75% this year.
Saudi Arabian Monetary Authority
The Saudi Arabian GDP expanded by 8.8% in nominal terms in 1999, amid strong oil prices since April last year, the central bank said in its annual report.
BoE issues inflation warning on wages
The Bank of England has released a report, co-written by chief economist Charlie Bean and other bank staff, warning that an increase in the share of national income being taken by wages may lead to a rise in inflation.
Calls for fundamental reform of the ECB
The UK government's favourite foreign policy think-tank has published a paper calling for fundamental reform of the European Central Bank and European economic policy-making to restore confidence in the euro.
Kurt Schuler on monetary sovereignty
Kurt Schuler, who works in the US Senate’s joint economic committee and one of the leading experts on currency boards and dollarisation, has just released on his website a new paper he has written on monetary sovereignty.
Term structure evidence on interest rate
A new paper by Glenn Rudebusch, economist at the Federal Reserve Bank of San Francisco, which looks at the term structure evidence on interest rate smoothing and monetary policy inertia.
Evolution of Monetary Policy Strategies in Europe
A first-rate, new book on monetary policy in Europe by Aerdt Houben, the head of the monetary analysis division of the Netherlands central bank.
Bank of Canada releases monetary policy report
The Bank of Canada today released its twelfth semi-annual monetary policy report in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.
US bought 1.5 bn euros in Sept. 22 intervention
The US monetary authorities intervened in the foreign exchange markets on one occasion during the third quarter, on 22 September, buying a total of 1.5 bn euros, the Federal Reserve Bank of New York said today in its quarterly report to the US Congress.
The role of payment systems in systemic stability
In May this year there was a high-level payment system workshop held by the BIS' Committee for Payment and Settlement Systems in Mexico. The papers presented at that meeting have now been published.
Monetary policy frameworks in a global context
A new highly recommended book edited by Lavan Mahadeva and Gabriel Sterne has just been published by the Bank of England's Centre for Central Banking Studies.