Monetary Policy

Bank of England Monetary Policy Committee Minutes

MINUTES - Minutes from the Bank of England's MPC meeting 3 and 4 July, released 17 July. The Bank of England's Monetary Policy Committee voted 8-1 to leave interest rates at 4.0 percent for the eighth month running in July, the minutes showed.

Solomons central bank gov warns of savings scam

SOLOMON ISLANDS - Central Bank Governor Rick Hou has dismissed rumours associating him with a scheme called the Family Charitable Fund, which purports to be a local agent for the Lady Diana Memorial Fund. The rumours alleged that the bank governor and…

Zero-inflation man debates fine points at U.S. Fed

ARTICLE - He was a loyal foot soldier in a decades-long inflation battle, vowing to seek a total victory that left no sign of the enemy. But now that some say the war is won, he finds himself debating the finer points. St. Louis Fed President William…

Bank of Japan Press Release

PRESS RELEASE - At the Monetary Policy Meeting held today, the Bank of Japan decided, by unanimous vote, to maintain the following guideline for money market operations for the intermeeting period, 16 July.

Testimony of Fed Chairman Alan Greenspan, 16 July

TESTIMONY - In testimony to the US Congress on Tuesday Greenspan said "an infectious greed" in the business community, if unpunished, could inhibit a full economic recovery. He went on to say that "the fundamentals are in place for a return to sustained…

Send for Mr Greenspan

ARTICLE - When Alan Greenspan speaks to members of the US Congress today on the economic outlook, one can only hope the Federal Reserve chairman proves a little more successful at bolstering confidence in America's shaky economy than President George W…

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