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Central Banking

Speech by Patrick Barron of the Atlanta Fed

SPEECH - Remarks by Patrick K. Barron, Retail Payments Product Director, Federal Reserve Bank of Atlanta, BAI National Electronic Check Collection Conference, Tucson, Arizona, 1 October.

Growing Greenspan role worries some

US - Alan Greenspan has been everywhere in guiding economic policy in the wake of the terrorist attacks - slashing interest rates, helping to get Wall Street running again, shaping the tax cuts being developed by Congress and evaluating which airlines…

Vietnam central bank takes steps to rein in gold

VIETNAM - The central bank will sell more gold to the domestic market in an effort to curb the upward spiralling price of the yellow metal following the events of 11 September in the United States, said deputy central bank governor Duong Thu Huong.

US tightens 'terror cash' laws

US - The US Senate has passed legislation to tighten laws against money-laundering, as financial authorities seek ways to clamp down on terrorists' sources of funding.

IMF upbeat on Russia

RUSSIA - The International Monetary Fund (IMF) has expressed confidence in the Russian economy, which it said is set to weather the downturn in oil prices and global growth.

BoJ fund draining casts doubt over prospects

JAPAN - The Bank of Japan has withdrawn much of the extra money that it pumped into the Japanese economy in the wake of the 11 September terrorist attacks, casting further doubts over the country's dismal growth outlook.

Speech by Eugenio Domingo Solans of the ECB

SPEECH - Speech delivered at the European Parliamentary Financial Services Forum, Brussels, by Prof. Eugenio Domingo Solans, Member of the Governing Council and of the Executive Board of the European Central Bank (ECB), 9 October.

ECB Press Conference

PRESS CONFERENCE - Introductory statement by Willem F. Duisenberg, President of the European Central Bank, Christian Noyer, Vice-President of the European Central Bank, Vienna, 11 October.

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