Speech
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.
Trichet tempers optimism on world economic growth
French central bank governor Jean-Claude Trichet Thursday tempered optimistic forecasts for world growth, saying there remain uncertainties as to economic conditions.
Mboweni says rand's fall due to external factors
The South African rand was pummelled Tuesday by external factors such as escalating tensions in the Middle East, dollar strength, the anticipated outcome of the US elections and a failure by the European Central Bank to intervene on behalf of the…
Speech by Antonio Fazio, Governor, Bank of Italy
SPEECH - Speech by Antonio Fazio, Governor of the Bank of Italy at the World Gold Council International Conference "The Euro, the Dollar and Gold" held in Rome on 17 November 2000. The relationship between currencies and gold.
Dlr top world currency but euro gaining-Duisenberg
European Central Bank President Wim Duisenberg said on Friday that the dollar played a leading role among world currencies but the euro was gaining ground, despite initial disappointments.
Riksbank's Heikensten sees inflation pressure
Swedish central bank first deputy governor Lars Heikensten said inflationary pressure in the country is growing and the central bank may have to raise interest rates as a result.