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Monetary policy

Speech by Christopher Allsopp of Bank of England

SPEECH - Charles Allsopp said in the speech that maintaining a stable rate of economic growth should be given a clearer role in the policy framework of the European Central Bank and that greater symmetry in inflation targetting had worked well in Britain…

Gov't intends changes to Poland's MPC and c bank

POLAND - Poland's ruling coalition, a tripartite of social democrats, agrarians and labor, followed a Wednesday no-decision from Poland's Monetary Policy Council on rates with plans to force monetary loosening on the Council through legislation.

ECB Working Papers Series

RESEARCH - European Central Bank Working Paper, Monetary policy rules, macroeconomic stability and inflation: a view from the trenches, by Athanasios Orphanides.

Ukraine's monetary policy will toughen in 2002

UKRAINE - Chairman of the board of governors of the National Bank of Ukraine Anatoly Halchynsky warned on 4 January against overly optimism with regard to the 6.1% inflation rate for 2001, stressing that, given the present conditions in Ukraine, the NBU…

South Africa restructures policy committee

SOUTH AFRICA - South Africa's Monetary Policy Committee (MPC), which oversees the country's financial policies, has been restructured and will meet four times this year, the South African Reserve Bank (SARB) announced on Tuesday.

Speech by Wim Duisenberg, President of the ECB

SPEECH - Speech by Dr. Willem F. Duisenberg, President of the European Central Bank. In the speech titled 'Current fiscal and monetary policy issues in the euro area' Wim Duisenberg repeated that exerting political pressure on the central bank would…

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…

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