Central Banking
Speech by Eva Srejber of Sveriges Riksbank, 13 Feb
SPEECH - In the speech titled 'A reunited Europe - the roles played by Sweden and the Riksbank' Srejber said "When the Riksbank makes its inflation forecasts, central and eastern Europe will move gradually from being a brief footnote to becoming an…
Speech by David Dodge of Bank of Canada, 31 Jan
SPEECH - In the speech Dodge said "Movements in the Canada-U.S. exchange rate do not yet appear to have reflected the recent developments in our economy. And to the extent that the recent depreciation of the Canadian dollar risks affecting consumer and…
Speech by Jurgen Stark of the Bundesbank, 13 Feb
SPEECH - The speech was given on the presentation of the report "IT innovations and financing patterns: Implications for the financial system". The report was prepared by a Working Group of the Committee on the Global Financial System (CGFS) composed of…
ECB Working Papers Series
RESEARCH - Performance of monetary policy with internal central bank forecasting, by Seppo Honkapohja and Kaushik Mitra, February 2002.
Townhall Meeting with IMF and World Bank leaders
MEETING - IMF Managing Director Horst Kohler and World Bank President James Wolfensohn with Civil Society Representatives Participating in the International Conference on Poverty Reduction Strategies, moderated by Warren Nyamugasira, Uganda National NGO…
IMF Press Briefing by Thomas Dawson
PRESS BRIEFING - Transcript of a Press Briefing by Thomas Dawson, Director, External Relations Department, International Monetary Fund, 13 February.
IMF News Brief
NEWS BRIEF - IMF's Kohler: Good Start to New Relationship with Argentina IMF Managing Director Horst Kohler said in Washington, D.C. today (13 February).
Central bank research paper by Alain Durre
RESEARCH - Would it be optimal for central banks to include asset prices in their loss function? by Alain Durre, Universite Catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
Vietnam c bank governor has no bank account-media
VIETNAM - Vietnam's central bank Governor Le Duc Thuy, who is leading a campaign to reduce the country's reliance on cash transactions, has admitted he does not have a credit card, or a personal bank account.
Watch the Fed for clues to rise in gold sector
FEATURE - Gold has broken out and there is no shortage of theories as to why and where it's going from here. But, according to Chad Williams, investors should pay no attention to outlooks based on supply and demand, hedging, central bank sales or even…
Dutch c bank issues credit derivatives guidelines
NETHERLANDS - The Dutch central bank said Friday that it has issued guidelines to the Dutch financial sector on the use of credit derivatives to spread risks.
Riksbank's general council backs extra dividend
SWEDEN - The General Council of Sweden's Riksbank Friday presented a proposal to the Swedish parliament recommending that an additional SEK20 billion of the central bank's net income for 2001 be transferred to the Treasury.
Niedermayer to CNB board with effect from 27 Feb
CZECH REPUBLIC - President Vaclav Havel today re-appointed central bank CNB vice-governor Ludek Niedermayer to the Bank Board for another six-year term, with effect from 27 February.
Polish bank cautious about economic plan
POLAND - Two weeks after Poland's government issued an ambitious five-year strategy to kick-start slumping economic growth, the National Bank of Poland has maintained a stony silence.
Fed ready to raise rates this year - Guynn
US - The Federal Reserve may start reversing its series of 11 interest rate cuts if a stronger-than-expected recovery this year rekindles inflation concerns, says Jack Guynn, president of the Federal Reserve Bank of Atlanta.
Australian Reserve Bank's credit-card plan slated
AUSTRALIA - MasterCard said it will consider scaling back its Australian operations if the central bank proceeds with its plan to cut credit-card fees and open the credit-card system to new participants.
Latvian parliament approves bank's vice president
LATVIA - The Latvian parliament Thursday almost unanimously approved as central bank vice-president Andris Ruselis, recommended for the office by Bank of Latvia president.
Barclays chief hits out at watchdogs
UK - The head of banking giant Barclays has warned City watchdogs against imposing overzealous regulation, or risk seeing financial services business lost abroad.
Gold bugs should not get too excited
AUSTRALIA - Predictions of a sustained increase in gold prices are not expected to be realised. The reason for the lack of a sustained revival is the poor business foundations of the gold industry.
Some EU countries already vying for No. 2 ECB spot
EUROPE - Just days after Wim Duisenberg announced he would resign next year as president of the European Central Bank, some countries began suggesting they would like one of their own in the central bank's No. 2 seat, which opens up at the end of May…
Czech central banker opposes ERM
CZECH REPUBLIC - The Czech Republic should spend as little time as possible in an exchange-rate mechanism prior to adoption of the euro, said the central bank's governor, Zdenek Tuma.
Speech by William Poole of the St. Louis Fed Bank
SPEECH - In the speech titled 'The Role of Anecdotal Information in Fed Policymaking' Poole said that with formal data giving an incomplete and often delayed picture of the economy, including in the key areas of growth and inflation, anecdotal…
St Louis Fed's Poole - Markets must understand Fed
US - St. Louis Federal Reserve President William Poole said on Wednesday that it was important financial markets understand the goals and plans of monetary policymakers.
Speech by Christian Noyer of the ECB
SPEECH - Noyer called the speech 'Success factors of the euro and the ECB' and said the euro is undervalued against the dollar, but added it was "very difficult" to tell when the euro would rebound, 13 February.