Monetary Policy

Speech by David Dodge of Bank of Canada, 9 May

SPEECH - In the speech titled 'Canada's Recent Economic Performance' Dodge said the terrorist attacks in September created a great deal of uncertainty and the consequent aggressive lowering of interest rates resulted in annualised growth of 2 percent…

Speech by A Santomero of Philadelphia Fed, 13 May

SPEECH - Santomero said in the speech titled 'Forces Shaping Philadelphia's Future' that US economic growth is likely to moderate during the second quarter from its robust 5.8 percent first-quarter pace, but that the economy is building a solid recovery.

Polish cen bank dep chairman favours fixed ex rate

POLAND - Central bank deputy chairman Andrzej Bratkowski said the economy could benefit from a fixed zloty rate in a situation when the inflow of foreign capital linked with the prospect of Poland's EU accession will continue to strengthen the zloty.

Brazilian bank chief's warning

BRAZIL - Arminio Fraga, president of Brazil's central bank, said yesterday that he was worried by "a certain lack of coherence" in the economic programmes offered by candidates for the October presidential election.

Eurozone economy to grow 2.5% at year-end

SPAIN - The rate of economic recovery in the eurozone is unclear but the economy should probably be growing at about 2.5 per cent at the end of this year, European Central Bank (ECB) vice-president Christian Noyer said on Sunday.

Speech by T Latter, Deputy Chief Exec HKMA, 13 May

SPEECH - In the speech titled 'Who or what determines monetary policy in Hong Kong?' Latter suggests that the aim of monetary stability would not be assisted by altering the current arrangements, whether by pinning our currency to that of Hong Kong's…

Brazil's central bank calms inflation fears

BRAZIL - Arminio Fraga, the president of the Brazilian central bank, on Friday sought to alleviate concern over accelerating inflation after the consumer price index posted a 0.8 per cent increase in April. This brings the increase in consumer prices…

Syrian premier meets Jordanian banking delegation

SYRIA - Premier Dr Muhammad Mustafa Miro on Sunday 12 May received the governor of the Jordanian Central Bank Mr Ummaya Tukan, the Director of the Jordanian Housing Bank Mr Zuhair al-Khuri, the General Director of the Jordanian Housing Bank for Financing…

Interview with Robert Mundell

FEATURE - One hundred days after the introduction of the euro Robert Pringle spoke with its self-styled "godfather" and Nobel Prize winner Robert Mundell in an exclusive interview for the latest edition of Central Banking journal.

Speech by Fed Vice Chairman Roger Ferguson, 11 May

SPEECH - In a speech titled 'Thoughts on Success in Life' Ferguson said that the link between education and economic success is well documented and as the first black American to become Fed vice chairman, said differences in educational levels, work…

Interview with Afghanistan's central bank governor

FEATURE - The recently appointed governor of Afghanistan's central bank, Anwar Ahady, has given an exclusive interview to Central Banking journal. In it he talks of his immediate priorities and hopes for the future of the central bank and Afghanistan's…

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