Central Banking
Speech by Christian Noyer of the ECB
SPEECH - Speech by Mr. Christian Noyer, Vice-President of the European Central Bank, at the European Federation of Finance House Associations (EUROFINAS) conference, Warsaw, 15 October.
Banks tighten monitoring use of capital in Taiwan
TAIWAN - Many banks in Taiwan will further tighten monitoring the movements of funds lent to enterprises to prevent borrowers from wiring the money they get from the banks abroad and then left their debts in Taiwan.
Poland's Miller denies plan to curb central bank
POLAND - Poland's Prime Minister designate Leszek Miller denied in a radio interview that his future coalition government had agreed to curb the central bank's independence if it does not cut interest rates by 600 basis points over the next six months,…
Japan's policy board keep monetary policy same
JAPAN - The Bank of Japan's policy board voted Friday 12 October to keep monetary policy unchanged, brushing aside mounting domestic and international pressure for the BOJ to flood the banking system with more cash to help support the sagging economy.
Duisenberg calls for 12 more months as ECB leader
GERMANY - Wim Duisenberg has virtually ruled out any prospect that he would step down as European Central Bank president halfway through his term by making clear he wanted to stay in his job for at least the next 12 months.
Vietnam's gold prices soar again after US strikes
VIETNAM - Local gold prices shot up to VND5.3 million a tael (37.5 grammes) on Monday morning before settling down to VND5.27 million a tael in the afternoon following the US-led air strikes on Afghanistan.
Noyer: E european c banks should aim for growth
POLAND - Central banks in countries seeking to join the European Union should ensure that their battle against inflation doesn't harm economic growth, a senior official at the European Central Bank said in a speech on Monday 15 October.
Fed's Meyer says attacks raise surplus doubts
US - Federal Reserve Gov. Laurence Meyer said in a speech on Friday 12 October the 11 September attacks on U.S. financial and military landmarks have raised sharply uncertainties about future federal budget surpluses.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Board Chairman Alan Greenspan at the Federal Reserve Bank of St. Louis, Economic Policy Conference, St. Louis, Missouri (via videoconference), 11 October.
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.
Speech by Eva Srejber of Sweden's central bank
SPEECH - Speech by Second Deputy Governor Eva Srejber of the Sveriges Riksbank, Sweden's central bank, at Fars & Frosta Sparbank AB, 25 September.
Speech by David Klein of Israel's central bank
SPEECH - Prepared by David Klein, Governor of the Bank of Israel For the Euro Conference, Tel Aviv, 4 September.
Speech by M R P Devakula, Bank of Thailand, 26 Sep
SPEECH - An address by M.R. Pridiyathorn Devakula, Governor, Bank of Thailand at the Seminar on "Where Does Thailand Stand Now?", Bangkok Post - Reed Tradex Economic Forum, Bangkok, 26 September 2001.
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 should take untraditional measures - Takenaka
JAPAN - Conventional liquidity provisions aren't enough and the Bank of Japan should consider untraditional steps to deal with Japan's economic woes, economy minister Heizo Takenaka said Friday.
Greenspan rejects idea of inflation targets
US - Choosing a specific inflation target for the Federal Reserve to meet would not help the central bank set interest rates, Alan Greenspan, the Fed chairman, said yesterday, 11 October.
Russian central bank to remain independent
RUSSIA - The working group for amendment of the law, "On the Central Bank", advocated retention of the independent status of the Central Bank.
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 David Clementi of the Bank of England
SPEECH - Deputy Governor of the Bank of England David Clementi spoke at the launch of the Oxford Centre for Computational Finance, University of Oxford, 10 October.
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.
Speech by Horst Kohler MD of the IMF
SPEECH - Remarks by Horst Kohler, Managing Director, International Monetary Fund, given at a Staff Reception in Honour of Stanley Fischer, 1 October.