Monetary Policy
EU Parliament committee to question Papademos
BELGIUM - European Central Bank Vice President nominee Lucas Papademos will testify before the European Parliament's Economic and Monetary Affairs Committee (EMAC) on 22 April, the Parliament said on Wednesday.
Key Duma committees back three for CBR board
RUSSIA - The Duma Banking and Budget Committees supported Wednesday the candidacies of Oleg Vyugin, Andrei Kozlov and Nadezha Ivanova for the Central Bank of Russia (CBR) Board of Directors.
High resource use a worry for Sweden's c bank
SWEDEN - The Swedish economy may be running close to or even above full resource utilisation, the governor of Sweden's central bank, the Riksbank, said on Wednesday, adding this posed risks for inflation in the future.
Japan lawmaker says BOJ chief not worth his salt
FEATURE - Is a central bank governor who has been unable to halt a three-year decline in prices or prevent the longest recession in decades worth his salt - particularly when his paycheck is 38.43 million yen ($293,000) a year?
Argentine economy minister to meet US' O'Neill
ARGENTINA - Argentine Economy Minister Jorge Remes Lenicov, seeking IMF aid to help stabilize a brutal recession, will meet with U.S. Treasury Secretary Paul O'Neill during an upcoming trip to Washington, Argentine officials said late on Tuesday.
Bank of Japan Monthly Report - English text
REPORT - Monthly Report of Recent Economic and Financial Developments from the Bank of Japan, April 2002. Full English text available 15 April.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Bank of Japan Monetary Policy Meeting Minutes from the meeting of 28 February, released 16 April.
Speech by Governor, Danmarks Nationalbank, 11 Apr
SPEECH - In the speech Andersen rejected the suggestion that the central bank is targeting some kind of "normal rate spread" over European Central Bank interest rates.
Changing the guard on the Bank of England's MPC
FEATURE - The Bank of England's Monetary Policy Committee is about to embark on its most radical shake-up since it was set up five years ago. Five of its nine members - including the Governor and his two deputies - will either be replaced or have their…
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/4 per cent, 16 April.
Canada raises interest rates on "robust" economy
CANADA - Citing evidence of a robust economic recovery, the Bank of Canada on Tuesday increased the overnight interest rate to 2.25 percent, up from a 40-year low of 2 percent.
UK inflation edges higher
UK - New figures have shown that UK inflation edged slightly higher in March.
BOJ voted 8-1 to maintain target on 28 Feb
JAPAN - The Bank of Japan's Policy Board, at its 28 February meeting, voted 8-1 to maintain the target for financial institutions' current account deposits at the central bank at 10 trillion to 15 trillion yen, the BOJ said Tuesday.
Zambia replaces c bank governor Mwanza
ZAMBIA - Zambian President Levy Mwanawasa has terminated the contract of central bank governor Jacob Mwanza with immediate effect, presidential spokesman Arthur Yoyo said on Tuesday.
Thin skin - Don't mess with Buba
FEATURE - The upcoming German elections appear to have put German Chancellor Gerhard Schroeder in a foul and vindictive mood. Some months ago, there was the chancellor's surprisingly undiplomatic "How Dare You" response to Brussels' warning that Germany…
Speech by Svein Gjedrem of Norges Bank, 5 Apr
SPEECH - Gjedrem said in the speech titled 'Monetary policy and the outlook for the Norwegian economy' that high credit growth posed a risk to the Norwegian oil-backed economy. "The debt level in the households is increasing sharply," he said at a…
Speech by William Poole, St Louis Fed Bank, 11 Apr
SPEECH - In the speech titled 'Inflation, Recession and Fed Policy' Poole said low inflation is essential to make necessary monetary policy changes and to support economic growth.
Sveriges Riksbank - Annual Report 2001
ANNUAL REPORT - Sweden's central bank published its Annual Report for the year 2001 on 10 April.
Remarks on the IMF Mission in Argentina
PRESS BRIEFING - Introductory Remarks on the Role of the IMF Mission in Argentina, Anoop Singh, Director for Special Operations, IMF, Press Briefing, Buenos Aires, 10 April, 2002.
Inflation Targeting and the Inflation Process
RESEARCH - Reserve Bank of Australia Research Discussion Paper - Inflation Targeting and the Inflation Process: Some Lessons from an Open Economy by Guy Debelle and Jenny Wilkinson, Published in January 2002.
Bank chief explains UK euro delay
UK - Sir Edward George, the governor of the Bank of England, has placed the loss of control over interest rates as a major reason behind the UK's reluctance to adopt the euro.
Russian c bank dep head tipped for new appointment
RUSSIA - Russian Central Bank first deputy chairperson Tatyana Paramonova may become head of Sberbank [Russian Savings Bank], the Gazeta paper says in today's issue.
EU to warn Kabul on monetary framework
AFGHANISTAN - European Union foreign ministers will today warn the Afghan government it can expect little in the way of budgetary support unless the government starts establishing a transparent fiscal and monetary system.
No compromise on Bank of Israel law
ISRAEL - Parliament will be asked this week to approve a redefinition of the Bank of Israel's powers that the central bank opposes.