Monetary policy

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.

Bank of England Quarterly Bulletin - Winter 2001

REPORT - The Quarterly Bulletin provides regular commentary on market developments and UK monetary policy operations. It also contains research and analysis and reports on a wide range of topical economic and financial issues, both domestic and…

Speech by Svein Gjedrem Governor of Norges Bank

SPEECH - Speech by Central Bank Governor Svein Gjedrem of Norges Bank, Norway's central bank, at the conference on EMU and the euro hosted by The European Commission, Euro-Info Centre and NHO (Confederation of Norwegian Business and Industry), Oslo, 30…

Central bankers in Ottawa

ECB Council member Ernst Welteke, although saying that monetary policy was appropriate for the eurozone at present, warned of the dangers of money being too loose given the lag for effects to be realised.

November gloom in Japan

Despite leaving monetary policy on hold last week, the Bank of Japan downgraded its assessment of the economy on Monday, expressing concern about the impact of declining exports and output on incomes and consumer spending.

Bank of England cuts rates by 0.5%

UK - The Bank of England on Thursday cut Britain's interest rates half a point, taking its key repo rate to a 37-year low of 4.0 percent, in a bid to insulate the country from the threat of global recession.

Polish PM - Govt won't curb c bank independence

POLAND - Polish Prime Minister Leszek Miller pledged Thursday 25 October in his maiden policy address to parliament that his new government will take no steps to curb the independence of the central bank and its rate-setting Monetary Policy Council, or…

Thai central bank set to streamline four units

THAILAND - The Bank of Thailand is restructuring its four organisational units: the financial institutions policy group, monetary policy group, fund operations (Financial Institutions Development Fund) and the office of the governor.

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