Central Banking
Irish government hold on c bank gov post must end
ARTICLE - It is likely the Government will appoint a new governor for the Central Bank of Ireland within the next few months. Although the incumbent, Mr Maurice O'Connell, was appointed to a second term earlier this year, it is understood that he will…
London Club offer 'unacceptable' to Dinkic
Yugoslav officials appear in no rush to reach a conclusion over a $2.2bn ( £1.6bn) debt rescheduling in negotiations with the London club of private creditors.
Speech by Eugenio Domingo Solans of the ECB
SPEECH - Speech delivered by Prof. Eugenio Domingo Solans, member of the Governing Council and of the Executive Board of the European Central Bank (ECB) at the CEPR/ECB Workshop on Issues in the Measurement of Price Indices,Frankfurt, 16 November.
Speech by Joseph Yam of the HKMA
SPEECH - Opening remarks by Joseph Yam, JP, Chief Executive, Hong Kong Monetary Authority to the Hong Kong Foreign Exchange and Money Market Practices Committee Conference on Challenges and Opportunities in the New Century, 22 November.
Federal Reserve Board - Beige Book
REPORT - Prepared at the Federal Reserve Bank of Richmond and based on information collected before November 19, 2001. This document summarizes comments received from business and other contacts outside the Federal Reserve and is not a commentary on the…
Risk-averse BoJ shuns unorthodox economic measures
ARTICLE - Bank's board meeting today is not expected to yield significant action, reports the London FT 29 November.
Fed survey finds further slowing of the economy
USA - Contradicting growing confidence elsewhere that the recession is bottoming out, a Federal Reserve survey found more signs of further slowing than of recovery.
Delay in naming new c bank dep gov in Indonesia
INDONESIA - The House of Representatives is expected to delay the appointment of three new Bank Indonesia deputy governors because of a month-long recess starting Wednesday, the Jakarta Post reports.
Verdict is delayed in Indonesian bank scandal
INDONESIA - An Indonesian court Wednesday postponed announcing its verdict on a multimillion-dollar corruption scandal allegedly involving the head of Indonesia's central bank.
C bank halves reserves required in the Philippines
PHILIPPINES - In a move that could free up funds for lending and ease pressure on banks' earnings, the Philippine Central Bank decided to halve the general reserves it requires banks to set aside to cover possible loan losses.
Russia's c bank assets reach 1.68 trillion rubles
RUSSIA - The Central Bank of Russia had assets of 1.688 trillion rubles as of 1 October, compared with 1.682 trillion rubles a month earlier.
New audit won't affect criminal process, Indonesia
INDONESIA - Finance Minister Boediono guaranteed on Tuesday that a new audit on the abuse of US$13 billion of Bank Indonesia emergency loans would not put an end to criminal investigations.
FOMC officials say they're armed and ready
US - Federal Reserve officials are seeking to quell suspicions they're running out of manoeuvring room.
Polish c bank mulls making its debt tradable
POLAND - Poland's central bank may switch its untradable debt into tradable paper, Monetary Policy Council (MPC) member Wieslawa Ziolkowska said on Wednesday.
Finnish minister objects to one central bank pick
FINLAND - A senior Finnish minister on Wednesday proposed an alternative candidate to fill one of the vacant board positions at the Bank of Finland, setting up a possible showdown with the central bank's supervisors.
Russia's c bank allegedly a corruption hotbed
RUSSIA - An independent study released Tuesday warns of alleged deep-reaching roots feeding corruption at the Central Bank.
Speech by Ernst Welteke, Bundesbank President
SPEECH - Speech by Ernst Welteke, President of the Bundesbank. In the speech titled 'Germany as a Financial Centre - European Perspectives for Japanese Markets' Welteke said that the introduction of the euro will not change the overall economic situation…
Bank of England Working Paper Series
RESEARCH - Costs of banking system instability: some empirical evidence by Glenn Hoggarth, Ricardo Reis and Victoria Saporta of the Bank of England.
Speech by Otmar Issing of the ECB
SPEECH - Speech by Professor Otmar Issing, member of the Executive Board of the European Central Bank at the CEPR/ECB Workshop on issues in the measurement of price indices, Frankfurt, 16 November.
Speech by Anne Krueger of the IMF
SPEECH - Address by Anne Krueger, First Deputy Managing Director, International Monetary Fund, given at the National Economists' Club Annual Members' Dinner, American Enterprise Institute, Washington DC, 26 November.
Speech by David Carse of the HKMA
SPEECH - Speech by David Carse, Deputy Chief Executive of the Hong Kong Monetary Authority, 28 November.
French strike threat to euro launch
FRANCE - A leading trade union from the French banking sector is planning to call a strike from 2 January.
Economics guru warns on UK recession
UK - The threat of inflation in the UK is greater than the Bank of England's Monetary Policy Committee thinks, according to one of its nine influential members.
IMF in support of bankruptcy plan
UK - The International Monetary Fund's management has thrown its weight behind a radical plan for an international bankruptcy procedure, allowing indebted governments to seek legal protection from their private sector creditors.