Central Banking
Poland may be some way off euro entry
POLAND - Poland will not join the European monetary union earlier than in 2007, believes Krzysztof Jakubiszyn, advisor to the chief of the central bank.
Russian Duma confirms new c bank deputy chairmen
RUSSIA - Russia's lower house of parliament confirmed central bank deputy chairmen Oleg Vyugin and Andrei Kozlov, two state finance veterans, to the board of the central bank on Wednesday.
Speech by David Dodge of Bank of Canada, 24 Apr
SPEECH - Opening Statement by David Dodge, Governor of the Bank of Canada on the release of the Monetary Policy Report, 24 April.
Economy minister quits amid crisis in Argentina
ARGENTINA - Argentina's economy minister resigned from office yesterday, throwing the country's economic course into question and the government into fresh disarray.
Speech by Tito Mboweni, RB of South Africa, 24 Apr
SPEECH - At a graduation ceremony speech Mboweni said "At my place of work, the South African Reserve Bank, we operate in a highly internationalised environment. Given our historic past, our recruitment drive has been focused on African, Coloured, Indian…
Speech by Fed Chairman Alan Greenspan, 22 Apr
SPEECH - Federal Reserve Chairman Alan Greenspan said on Monday in a speech titled 'Finance: United States and global' he saw early signs of a recovery in business capital spending but warned that he did not believe the corporate investment rebound would…
European Central Bank - Annual Report 2001
ANNUAL REPORT - The European Central Bank has published its Annual Report for the year ended 2001.
ECB Press Release
PRESS RELEASE - The European Central Bank's Annual Report 2001, 23 April 2002.
ECB Press Release
PRESS RELEASE - New ECB Regulation in the field of minimum reserves, 23 April.
Speech by Christian Noyer of the ECB, 23 Apr
SPEECH - European Central Bank Vice President Christian Noyer repeated Tuesday that an economic recovery is in place for the euro zone this year, although uncertainty remains about the strength of the rebound. He was giving the introductory statement at…
G10 ministers and governors communique
PRESS RELEASE - Communique of the ministers and governors of the Group of Ten, Washington D.C., 22 April.
Bank of England News Release
NEWS RELEASE - New deputy agents appointed at the Bank of England, 22 April.
An overview of the Federal Reserve System
FEATURE - In an interesting article Hoover's Company Profiles look at the history of the Federal Reserve. The Federal Reserve Act followed the panic which ensued after the failure of New York's Knickerbocker Trust Company in 1907. J. P. Morgan strong…
European Parliament Press Release, 23 April
PRESS RELEASE - All clear for new ECB Vice-President.
More cogitating about world 'after Alan'
FEATURE - As various people remind us on an increasingly frequent basis, it's not too early to be speculating about the Greenspan succession question.
BOU forex strategy may be paying off
UGANDA - The Bank of Uganda's (BOU) new strategy of intervening into the foreign exchange market without disclosing amounts sold, seems to be working, reports New Africa News.
Afghanistan backs national currency
AFGHANISTAN - The central bank in Afghanistan has intervened to support the national currency, buying $500,000 worth of afghanis from the Kabul money market.
Testimony of Fed Chairman Alan Greenspan, 23 Apr
TESTIMONY - Federal Reserve Chairman Alan Greenspan told the Senate Banking Committee Tuesday that the board opposes proposals in Congress to raise deposit insurance coverage above its current cap of $100,000 per account.
New Greek governor may be chosen in May
GREECE - A central bank governor for Greece is likely to be chosen in the middle of May - to replace Lucas Papademos, who was elected earlier this month as the European.
Brazil clearance system up and running
BRAZIL - A new Brazilian bank clearance network designed to increase efficiency and reduce risk in the financial system of Latin America's No.1 economy got off to a smooth start on Monday.
ECB's Noyer sees gold's role as reserve declining
GERMANY - Outgoing European Central Bank Vice President Christian Noyer said on Tuesday that the role of gold in central bank reserves was declining but was still part of central bank credibility.
ECB report says conditions right for recovery
GERMANY - European Central Bank chief Wim Duisenberg said on Tuesday conditions were right for a euro zone economic recovery although there was still uncertainty about its strength.
No need for more transparency at ECB says Noyer
BELGIUM - European Central Bank Vice President Christian Noyer said on Tuesday there was no reason for the time being to increase the banks transparency by publishing minutes of the ECB's closed-door meetings, but did not rule it at some point in the…
Trichet cautious over c bank asset price reactions
USA - People who make monetary policy should be very cautious about taking asset prices into account when they make their decisions, Jean-Claude Trichet, governor of the Bank of France, said in a speech in Chicago Tuesday.