Central Banking
Speech by Roger Ferguson, Federal Reserve, 4 Mar
SPEECH - In the speech titled 'A Supervisory Perspective on Disaster Recovery and Business Continuity' Ferguson said "We must view 11 September as a wake-up call to improve the resilience of financial markets and institutions. We cannot afford to ignore…
Bank of England News Release
NEWS RELEASE - HM Government Gold Auction Result, 5 March.
Speech by H Kohler, Managing Director, IMF, 28 Feb
SPEECH - In the speech titled 'Inflation Targeting' Kohler said that there has been a widespread desire to avoid excessive volatility in the exchange rates of the world's major currencies ever since the breakdown of the Bretton Woods system.
Money and Inflation - A New Macroeconomic Analysis
BOOK REVIEW - In Money and Inflation, A New Macroeconomic Analysis, Sergio Rossi provides fresh incite to the study of the phenomenon of inflation. He investigates inflation from an entirely new macroeconomic perspective.
Argentine turmoil not caused by overvalued peso
LETTER - Sir, The Argentines are justifiably possessed by a love for the greenback, an infatuation that even the army of psychoanalysts in Buenos Aires will not be able to exorcise. That is the diagnosis offered up by Thomas Catan ("Argentines' love of…
President Pervez to visit State Bank Pakistan
PAKISTAN - President Pervez Musharraf will visit the State Bank of Pakistan on 9 March for a briefing on the economic situation, sources said on Friday.
Banks must invest in long term risk management
US - Federal Reserve Vice Chairman Roger Ferguson said Monday that banks must devote attention and resources to financial risks, despite the upfront costs of such efforts.
BOJ minutes - Board voted 8-1 to keep policy
JAPAN - The Bank of Japan's policy board members voted 8-1 to keep monetary policy unchanged at their meeting on 15-16 January, according to the minutes of the meeting released Tuesday.
BOK head should be guaranteed 4-year term-Union
SOUTH KOREA - The Bank of Korea (BOK) governor should be guaranteed a four-year term regardless of the results of the presidential election scheduled for December this year, BOK's labor union and a civic group maintained yesterday, reports the Korea…
Argentina acts to ease economic crisis
ARGENTINA - The Argentine Government has announced a series of measures it says will strengthen social spending and launch a new economic cycle.
Japan pledges economy boost
JAPAN - Japan has promised another package of measures to continue its fight against deflation and steer the economy to recovery.
Discretion rules over next ECB vice-president
FRANCE - It seems that European Union leaders are trying to draw a lesson from 1998. In that year, a cloud of political controversy engulfed the European Central Bank at the moment of its creation when an undignified dispute broke out over Wim Duisenberg…
Regulators relax rules for some foreign banks
US - Federal regulators are easing the rules for some foreign banks operating in the US, freeing up about $1.6bn (Euros 1.8bn, £1.1bn) in assets and reducing some administrative costs.
Speech by Fed Reserve Governor Ed Gramlich, 1 Mar
SPEECH - In the speech titled 'Lending to lower-income households' Gramlich expressed hope on Friday that the U.S. central bank's recent moves against abusive home mortgage loans will be successful.
Reserve Bank of Australia Media Release
MEDIA RELEASE - Statement by the Governor, Ian MacFarlane. Australian Office of Financial Management cross currency interest rate swaps.
Speech by Anne Krueger of the IMF, 25 February
SPEECH - The world economy is at or near a turning point, which makes it difficult for central banks to make the right decisions on interest rates, International Monetary Fund First Deputy Managing Director Anne Krueger said in a speech titled 'Making…
Speech by Eugenio Domingo Solans, ECB, 28 Feb
SPEECH - Speech by Eugenio Domingo Solans: Despedida de la peseta, Conferencia organizada por el Colegio de Economistas de Madrid. Casino de Madrid, 28 February.
ECB Press Release
PRESS RELEASE - Derogation for Greece from the long-term calendar for TARGET closing days, 28 February.
ECB Press Release
PRESS RELEASE - The euro becomes the sole legal tender in all euro area countries, 28 February.
Bank of Japan Monetary Policy Meeting Decisions
PRESS RELEASE - At the Monetary Policy Meeting held on 28 February, the Bank of Japan decided, by majority vote, to set the following guideline for money market operations for the intermeeting period.
Nobel Laureate Nash is mathematician not economist
LETTER - Letter published in the London Financial Times from Dennis Hesseling, Brussels, Belgium, 4 March. In reply to an article published recently by the newspaper.
Alan Greenspan's stock on the rise
FEATURE - Is Alan Greenspan a monetary genius with unique insight into the US economy? Or is he a central banker with a taste for obscure diction and data who nonetheless follows a simple rule?
Sjahril verdict expected Wednesday
INDONESIA - The Central Jakarta District Court is expected to deliver a verdict in the case of Central Bank Governor Sjahril Sabirin on Wednesday.
Koizumi urged to raise spending and change cabinet
JAPAN - Senior members of Junichiro Koizumi's Liberal Democratic party, emboldened by signs of further erosion in his public popularity, Sunday urged the Japanese prime minister to ditch fiscal restraint and to change cabinet personnel.