Speech
Noyer -2001 GDP growth slightly less than forecast
Euro-zone growth will be "slightly less rapid" in 2001 than predicted a few months ago, European Central Bank Vice President Christian Noyer said Feb. 6. Noyer, speaking at the Robert Schuman University, said growth this year will be "close to 3%"…
BoJ deputy gov defends ending of 0% interest rate
The Bank of Japan was not wrong in ending its zero interest rate policy last August, Sakuya Fujiwara, a central bank deputy governor, said on Jan. 31. "Look at the market and economic indicators in the month following the removal of the zero rate,"…
Speech: Pedro Solbes at Euroclear Euro Conference
Pedro Solbes, the Member of the EU Commission Economic and Monetary Affairs, gives a speech to the Euroclear conference titled 'Preparation for the euro cash changeover: state of play and tasks ahead'.
BoC new governor Dodge says low inflation priority
David Dodge, the newly appointed governor of Canada's central bank, said Dec 20 his task "is to keep inflation low and stable," the legacy of his predecessor, Gordon Thiessen.
Buba's Welteke says ECB rates appropriate now
Bundesbank President Ernst Welteke said on Tuesday that current Eurozone interest rates were appropriate and reiterated that the European Central Bank's monetary policy was not hampering economic growth.
Buba's Reckers-no need for change in ECB rates
Bundesbank council member Hans Reckers said on Monday that the European Central Bank had no need to change interest rates in the foreseeable future.
CNB chief, deputy minister assess joining Eurozone
The date of the Czech Republic joining the European monetary union remains unclear. It depends on the speed of the Czech Republic moving closer to the EU, on political decisions and on the harmonisation of legal systems. This was stated by Czech National…
Prevention, mgmt of financial crises - David Klein
The follow are the prepared remarks by Bank of Israel governor Dr David Klein fpr a meeting on Finance and Development.
Klein: Violence won't alter Israel monetary policy
David Klein, the governor of the Bank of Israel, gave a speech today in which he reiterated his view that the current unrest in Israel will not result in a change in current Bank of Israel monetary policy.
RBI governor favours flexible inflation target
Central bank inflation targets should be flexible to allow for varying economic conditions, Reserve Bank of India governor Bimal Jalan said Thursday.
Welteke - cannot say yet if euro turned around
Bundesbank President Ernst Welteke on Thursday said he could not tell whether the euro has already turned the corner, adding that the currency's further performance depended on US economic growth.
Fed's Ferguson says US economy risks balanced
The risks to the US economy are evenly balanced between the dangers of an excessive slowdown and an inflationary overheating, Federal Reserve Vice Chairman Roger Ferguson said on Wednesday.
Fed Parry says economy growing at sustainable pace
Federal Reserve Bank of San Francisco President Robert Parry said on Tuesday that the US economy had shifted into a more sustainable growth range in recent months and that employment growth had moderated.
Yugoslav Dinkic explains priorities to parliament
Mladjan Dinkic, the newly-appointed governor of the Yugoslavia's central bank, has told the Federal Assembly that one of the bank's top priorities will be the full convertibility of the dinar, which will eliminate the black foreign exchange market.
Fed's Poole says preemptive Fed action crucial
St. Louis Federal Reserve President William Poole said on Tuesday the US central bank should monitor underlying causes of inflation such as money supply growth to help prevent price pressures from flaring up.
ECB may intervene again - still upward price risks
The European Central Bank is ready to intervene again in foreign exchange markets if it deems it to be necessary, Bundesbank president and ECB governing council member Ernst Welteke said Tueday.
Euro has been a success - Banque de France Trichet
Bank of France governor Jean-Claude Trichet said Monday that the euro has been a success since its launch. In a speech in Tokyo, Trichet said that the single European currency has been both a technical success, and a "benchmarking" success - in that the…
Economic cooperation between Eurozone and Japan
Sakuya Fujiwara, deputy governor of the Bank of Japan, said at a conference that the Japanese economy was on its way to recovery, although significant structural reforms still needed to take place.
BOK head sees no capital flight next year
The implementation of the second-stage foreign exchange liberalisation plan next year is unlikely to lead to a sudden flight of domestic capital to foreign countries, Bank of Korea governor Chon Chol-hwan said yesterday.
Intervention was to punish speculators -Duisenberg
European Central Bank President Wim Duisenberg said on Thursday recent ECB forays into foreign exchange markets were not aimed at pushing the euro to any level but at punishing those speculating against the currency.
BoT governor calls for more transparency in banks
Thai central bank governor Chatu Mongol Sonakul Thursday urged for more transparency and stricter supervision in the banking sector to help control the amount of non-performing loans in the system.
Diusenberg says UK euro tests are irrevelant
European Central Bank chief Wim Duisenberg today dismissed Gordon Brown's five economic tests for joining the single currency as irrelevant and insisted that Britain would have to join the European exchange rate mechanism for two years before adopting…
ECB inflation above target for next 6 months
European Central Bank President Wim Duisenberg said on Thursday it could take six months for Eurozone inflation to fall back to the ECB's 2% goal.