Central Banking
IMF Working Paper - Australian Business Cycles
RESEARCH - Key Features of Australian Business Cycles, prepared by Paul Cashin and Sam Ouliaris, International Monetary Fund, November 2001.
Speech by Governor of the National Bank of Belgium
SPEECH - Speech by Guy Quaden, Governor of the National Bank of Belgium at the 23rd SUERF Colloquium Brussels, 27 October.
Practical issues arising from the euro
RESEARCH - The Bank of England today, Friday, published its semi-annual booklet 'Practical issues arising from the euro' December 2001 issue.
ECB Press Release
PRESS RELEASE - European Central Bank Decisions on the issue of euro banknotes and on the allocation of monetary income, 6 December 2001.
ECB Press Release
PRESS RELEASE - Monetary policy decisions, 6 December 2001.
ECB Press Conference
PRESS CONFERENCE - Introductory statement by Willem F. Duisenberg, President of the European Central Bank and Christian Noyer, Vice-President of the European Central Bank, Frankfurt, 6 December.
Japan falls into recession
JAPAN - Japan has entered a recession, according to the latest official figures, which show the world's second largest economy continued to shrink between July and September.
Argentina seizes pension funds
ARGENTINA - The Argentine government has said it is to use money held in private pension funds to help pay its bills.
IMF approves $1.3bn loan to Pakistan
US - The International Monetary Fund has approved a $1.3bn loan for Pakistan, to help it battle poverty and offset the economic impact of the war in Afghanistan.
Afghanistan's central banker invited home
AFGHANISTAN - Afghanistan's former central banker has been asked by the leader of the Northern Alliance to return to run the country's monetary policy.
Australian Reserve Bank to keep tower
AUSTRALIA - The Reserve Bank of Australia (RBA) has key offices in capital cities of Australia. In late 2001, it has decided to keep its Melbourne office at 60 Collins Street.
EU won't protest changes at Polish c bank
POLAND - An amendment to Poland's central bank law increasing the size of the bank's interest rate-setting Monetary Policy Council, or RPP, shouldn't draw protests from the European Union, Prime Minister Leszek Miller said Friday in an interview on…
Pakistan's For Ex reserves up US$85.3m
PAKISTAN - The foreign exchange reserves of Pakistan have registered an increase of US$85.3 million over the previous week.
S Africa's Nov gold, For Ex reserves up 9.4%
SOUTH AFRICA - South Africa's gold and foreign exchange reserves rose 9.4% to 77.7 billion rand ($1=ZAR10.8755) in November from ZAR71.00 billion in October, the South African Reserve Bank said Friday.
Anthrax found in Federal Reserve mail facility
US - The Federal Reserve Board that sets U.S. interest rates and guides the world's most powerful economy, announced on Thursday that mail possibly contaminated with anthrax had been found at its off-site postal facility set up to head off suspect mail.
U.S. Senate okays Bies, Olson to Fed board
US - The U.S. Senate on Thursday confirmed the nominations of bankers Susan Schmidt Bies and Mark Olson to the seven-member Federal Reserve Board, whose most visible job is setting U.S. interest rates.
Speech by Hermann Remsperger of the Bundesbank
SPEECH - Speech by Prof. Dr. Hermann Remsperger, Member of the Directorate Deutschen Bundesbank, at the annual meeting of ELEC in Frankfurt, 7 December.
Speech by Kristina Persson of Sveriges Riksbank
SPEECH - Speech by Deputy Governor Kristina Persson of Sveriges Riksbank, Sweden's central bank, at a seminar at Svensk Handel, 16 November.
Report from the Federal Reserve Bank of Chicago
REPORT - A slight increase in the nation's economic growth for 2002 is anticipated by participants at the Chicago Fed's Economic Outlook Symposium. The group provided forecasts for major components of real GDP and other key statistics.
IMF blocks loan to Argentina
ARGENTINA - The International Monetary Fund has disappointed Argentina by effectively blocking a $1.3bn loan payment.
World Bank: more globalisation
US - A new report from the World Bank argues that globalisation has helped reduce world poverty, but still has more to do.
IMF Working Paper - Inflation Targeting
RESEARCH - Inflation Targeting and the Unemployment-Inflation Trade-off by Eric Clifton, Hyginus Leon and Chorng-Huey Wong, International Monetary Fund, October 2001.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan at George Washington University, the Robert P. Maxon Lecture, Washington, D.C. 3 December.
ECB holds rates steady
EUROPE - The European Central Bank (ECB) has left its key interest rate unchanged at 3.25% on Thursday at its last meeting before the introduction of euro notes and coins in January.