Monetary Policy
IMF Working Paper - Australian Business Cycles
RESEARCH - Key Features of Australian Business Cycles, prepared by Paul Cashin and Sam Ouliaris, International Monetary Fund, November 2001.
Speech by Governor of the National Bank of Belgium
SPEECH - Speech by Guy Quaden, Governor of the National Bank of Belgium at the 23rd SUERF Colloquium Brussels, 27 October.
Practical issues arising from the euro
RESEARCH - The Bank of England today, Friday, published its semi-annual booklet 'Practical issues arising from the euro' December 2001 issue.
ECB Press Release
PRESS RELEASE - European Central Bank Decisions on the issue of euro banknotes and on the allocation of monetary income, 6 December 2001.
ECB Press Release
PRESS RELEASE - Monetary policy decisions, 6 December 2001.
ECB Press Conference
PRESS CONFERENCE - Introductory statement by Willem F. Duisenberg, President of the European Central Bank and Christian Noyer, Vice-President of the European Central Bank, Frankfurt, 6 December.
Japan falls into recession
JAPAN - Japan has entered a recession, according to the latest official figures, which show the world's second largest economy continued to shrink between July and September.
Afghanistan's central banker invited home
AFGHANISTAN - Afghanistan's former central banker has been asked by the leader of the Northern Alliance to return to run the country's monetary policy.
Australian Reserve Bank to keep tower
AUSTRALIA - The Reserve Bank of Australia (RBA) has key offices in capital cities of Australia. In late 2001, it has decided to keep its Melbourne office at 60 Collins Street.
Speech by Hermann Remsperger of the Bundesbank
SPEECH - Speech by Prof. Dr. Hermann Remsperger, Member of the Directorate Deutschen Bundesbank, at the annual meeting of ELEC in Frankfurt, 7 December.
Speech by Kristina Persson of Sveriges Riksbank
SPEECH - Speech by Deputy Governor Kristina Persson of Sveriges Riksbank, Sweden's central bank, at a seminar at Svensk Handel, 16 November.
Report from the Federal Reserve Bank of Chicago
REPORT - A slight increase in the nation's economic growth for 2002 is anticipated by participants at the Chicago Fed's Economic Outlook Symposium. The group provided forecasts for major components of real GDP and other key statistics.
World Bank: more globalisation
US - A new report from the World Bank argues that globalisation has helped reduce world poverty, but still has more to do.
IMF Working Paper - Inflation Targeting
RESEARCH - Inflation Targeting and the Unemployment-Inflation Trade-off by Eric Clifton, Hyginus Leon and Chorng-Huey Wong, International Monetary Fund, October 2001.
ECB holds rates steady
EUROPE - The European Central Bank (ECB) has left its key interest rate unchanged at 3.25% on Thursday at its last meeting before the introduction of euro notes and coins in January.
Japan braces for recession
JAPAN - Japan is poised to cross the official dividing line into recession on Friday morning when figures showing how much its economy has shrunk are released.
Speech by Ian Macfarlane, Governor of the RBA
SPEECH - Talk by Ian Macfarlane, Governor of the Reserve Bank of Australia, to Australian Business Economists/ Economic Society of Australia (New South Wales Branch) Forecasting Conference Dinner, Sydney, 6 December 2001.
Egypt - New central bank role enshrined in law
EGYPT - The cabinet on 27 November approved a new law giving the Central Bank of Egypt greater authority over monetary policy and extending its supervisory role.
ECB Noyer - Little M3 impact from euro changeover
GERMANY - European Central Bank Vice President Christian Noyer said Thursday that the bank doesn't expect the changeover to euro notes and coins next year to have a significant impact on M3 money supply growth.
Duisenberg - Current ECB rates appropriate
GERMANY - European Central Bank President Wim Duisenberg Thursday justified the central bank's decision to leave interest rates unchanged by saying recent data confirmed the ECB's view that there are no immediate dangers for price stability in the euro…
Malaysian BNM international reserve at RM116.5 bln
MALAYSIA - Bank Negara's international reserves stood at RM116.5 billion as at 30 November, an increase of RM24 million from the level two weeks earlier, with trade and investment-related inflows maintaining their rising trend.
South Africa's central bank reduces MPC meetings
SOUTH AFRICA - The South African Reserve Bank is to reduce the frequency of its regular six-weekly monetary policy committee meetings to once every quarter, the bank said Thursday.
Reserve Bank of Australia - Official Media Release
MEDIA RELEASE - Statement by the Governor, Mr Ian MacFarlane - Monetary Policy.
Australia cuts rates as growth surges
AUSTRALIA - Australia's central bank has taken out an insurance policy against slower economic growth with a quarter-point interest rate cut to 4.25 per cent, taking rates to a 28-year low.