Central Banking
Bank of Thailand - Annual Report 2001
The Bank of Thailand has published its Annual Report for the year ended 2001.
Deutsche Bundesbank - Annual Report 2002
The Deutsche Bundesbank has published its Annual Report for the year ended 2002.
Bank of Mexico - Annual Report 2001
The Bank of Mexico has published its Annual Report for the year ended 2001.
National Bank of Hungary - Annual Report 2001
The National Bank of Hungary has published its Annual Report for the year ended 2001.
Fed Reserve Bank of Chicago - Annual Report 2002
The Fed Reserve Bank of Chicago has published its Annual Report for the year ended 2002.
Hoenig on supervisory information disclosure
In a speech on 'Should More Supervisory Information Be Publicly Disclosed?' Thomas Hoenig of the Federal Reserve Bank of Kansas City said although bank supervisors must be very careful in defining the role they will play in financial markets, they could…
ECB Monthly Bulletin: erozone inflation limited
The European Central Bank published its May 2003 Monthly Bulletin on 15 May. In the report the ECB said that eurozone inflation risks were limited and that the economy would pick up later this year and accelerate in 2004.
U.S. unveils new $20 note with background colours
The New Color of Money: Safer, Smarter, More Secure. U.S. government officials on 13 May unveiled a new $20 note design with enhanced security features and subtle background colors. The new design is part of an ongoing effort to stay ahead of the…
BoE Inflation Report, May: :world economy sluggish
The Bank of England published its quarterly Inflation Report for May 2003 on Thursday May 15. In the report the Bank said the recovery in the world economy has been sluggish. The conflict in Iraq was associated with a sharp deterioration in economic…
Wanted: An Alan Greenspan for South Korea
In a recent interview South Korean. When asked what he thought the Bank of Korea should do to boost growth, Bloomberg News reports thathe showed his determination to maintain the bank's independence: "I think that issue should be determined by the…
BoJ asks for gov't approval to boost its capital
The Bank of Japan said in a statement on Thursday 15 May that it is seeking government approval to increase the amount of money it sets aside to boost its capital, according to Bloomberg News.
Lebanon c bank finds new stash of Iraqi cash
The US Treasury has said that US$495 million of Iraqi funds has been recovered by the central bank of Lebanon, reports Associated Press. The U.S. has stressed that all recovered assets will be used to help the people of Iraq and rebuild the country.
UK to announce euro entry decision on 9 June
The announcement over whether the UK has passed the five euro entry tests will be made on 9 June, according to the Financial Times and other newspapers. In what some reports called a dramatic announcement there will now be a decision-making process…
Costello hints at new term for RBA's Macfarlane
Australian Treasurer Peter Costello gave a strong hint Reserve Bank (RBA) governor Ian Macfarlane would be appointed to lead the central bank for another term, according to The Age newspaper. Mr Macfarlane's term is due to expire on September 17.
Upbeat on the UK, downbeat on Europe
Unveiling the Bank of England's May 2003 Inflation Report on Thursday, Mervyn King was upbeat about prospects for UK economic growth and inflation. The Bank predicts that growth will pick up to trend and inflation will fall to remain close to its target…
U.S. Treasury remakes $20 to stop counterfeiters
The new US $20 note unveiled by the Bureau of Engraving and Printing on Tuesday includes the first change in the colour of U.S. currency in almost a century, Reuters reports
ECB predicts eurozone recovery
In its May bulletin published on Thursday 15 May, the ECB said "Looking ahead, a gradual strengthening of real GDP growth is expected to start later in 2003 and to gather more pace in the course of next year", according to the Financial Times
UK think-tank urges 'stay out of the euro'
An influential think-tank published a report on Thursday 15 May saying that Britain should stay out of the euro as the policies of the European Central Bank and the inadequacies of the stability and growth pact present a real barrier to UK entry,…
Greenspan on the redesigned U.S. $20 note
In a speech on the redesigned U.S. $20 note Alan Greenspan of the Federal Reserve said the Federal Reserve is deeply committed to protecting our currency from counterfeiting, ensuring it is always accepted as legal tender and preserving its soundness.
Dodge on policies to sustain growth
In a speech on 'Policies to Sustain Growth Domestically and Internationally' David Dodge of the Bank of Canada said it's an interesting time to be a Canadian at meetings such as the BIS meeting he attended Monday. My colleagues from other central banks…
Is Europe already experiencing deflation?
An article in the Financial Times asks whether the threat of deflation is likely and suggests it may already be here and that, given the example of Japan, it may be that nothing can be done about it.
Riksbank on the euro in Swedish financial sector
Manageable risks in the changeover process if Sweden adopts the euro 2006, 14 May. A report published on Wednesday 14 May by the Sveriges Riksbank "The Euro in the Swedish Financial Sector - Progress Report 9" contains a summary and update of financial…
'Mr Yen' suggests new era of deflation
Frmer vice-finance minister of Japan, Eisuke Sakakibara, who is known as Mr Yen, has said he thinks Japan has been unfairly blamed for failing to tackle deflation with conventional monetary policy, according to the Financial Times. He also suggested the…
Ex Ukraine central banker jailed for 5 years
The UNIAN news agency reported that former first deputy chairman of the board of the National Bank of Ukraine, Volodymyr Bondar, was jailed for five years on Tuesday after being found guilty of violating an instruction which was in force at the National…