Monetary Policy
Greenspan says little doubt euro a sound currency
US - A belief that U.S. productivity, or output per worker, will continue to outstrip Europe's accounts for more robust demand for dollars over euros, Federal Reserve Chairman Alan Greenspan said in a speech on Friday.
ECB post findings on how rate moves affect economy
GERMANY - Ordinary Europeans may quickly get used to the new euro notes and coins that begin circulating in a few weeks, but it may be years before the European Central Bank fully understands the functioning of the new economy created by the common…
Egyptian central bank cancels import restrictions
EGYPT - The Central Bank of Egypt said Monday it had cancelled import restriction proposals that were designed to protect the declining Egyptian pound and boost the sluggish economy.
Wim to face the music
GERMANY - The temperature is rising in the dispute over whether Wim Duisenberg will step down as president of the European Central Bank.
Speech by Laurence Meyer of the Federal Reserve
SPEECH - Remarks by Governor Laurence H. Meyer of the Federal Reserve Board before the National Association of Business Economics, St. Louis, Missouri, 27 November.
Speech by David Gruen of the RBA
SPEECH - Speech by David Gruen, Head of Economic Research at the Reserve Bank of Australia at the 2001 Comview Conference of the Victorian Commercial Teachers Association, Melbourne, 27 November.
Speech by Eugenio Domingo Solans of the ECB
SPEECH - Speech delivered by Prof. Eugenio Domingo Solans, member of the Governing Council and of the Executive Board of the European Central Bank (ECB), at the Chapelle des Brigittines, Brussels, 19 November.
Speech by Klaus Liebscher, Austrian central bank
SPEECH - Speech by Klaus Liebscher, Governor of the Oesterreichische Nationalbank, at the symposium "The role of international institutions in globalisation", Centre for the Study of International Institutions CSI, Innsbruck, 16 November.
Economists can indeed 'conclude otherwise' on euro
LETTER - A letter published in the London edition of the Financial Times on 29 November.
SNB Roth - Franc strength likely to be temporary
AUSTRIA - The president of the Swiss National Bank, Jean-Pierre Roth, said Thursday that he expects the franc's current strength to be temporary, and made it clear that the Swiss monetary policy stance may deviate from that of the European Central Bank.
Morand leaves Chile's central bank
CHILE - After five years at Chile's Central Bank, Felipe Morand will leave as head of studies at the end of the year for a visiting post at Stanford University.
Thai Rerngchai - sinner or scapegoat?
ARTICLE - Rerngchai Marakanond, a former Bank of Thailand governor, is about to pay a dear price for his central role in the futile baht defence in 1997. Is he a scapegoat?
Speech by Eugenio Domingo Solans of the ECB
SPEECH - Speech delivered by Prof. Eugenio Domingo Solans, member of the Governing Council and of the Executive Board of the European Central Bank (ECB) at the CEPR/ECB Workshop on Issues in the Measurement of Price Indices,Frankfurt, 16 November.
Federal Reserve Board - Beige Book
REPORT - Prepared at the Federal Reserve Bank of Richmond and based on information collected before November 19, 2001. This document summarizes comments received from business and other contacts outside the Federal Reserve and is not a commentary on the…
Risk-averse BoJ shuns unorthodox economic measures
ARTICLE - Bank's board meeting today is not expected to yield significant action, reports the London FT 29 November.
Fed survey finds further slowing of the economy
USA - Contradicting growing confidence elsewhere that the recession is bottoming out, a Federal Reserve survey found more signs of further slowing than of recovery.
FOMC officials say they're armed and ready
US - Federal Reserve officials are seeking to quell suspicions they're running out of manoeuvring room.
Russia's c bank allegedly a corruption hotbed
RUSSIA - An independent study released Tuesday warns of alleged deep-reaching roots feeding corruption at the Central Bank.
Speech by Ernst Welteke, Bundesbank President
SPEECH - Speech by Ernst Welteke, President of the Bundesbank. In the speech titled 'Germany as a Financial Centre - European Perspectives for Japanese Markets' Welteke said that the introduction of the euro will not change the overall economic situation…
Bank of England Working Paper Series
RESEARCH - Costs of banking system instability: some empirical evidence by Glenn Hoggarth, Ricardo Reis and Victoria Saporta of the Bank of England.
Speech by Otmar Issing of the ECB
SPEECH - Speech by Professor Otmar Issing, member of the Executive Board of the European Central Bank at the CEPR/ECB Workshop on issues in the measurement of price indices, Frankfurt, 16 November.
Speech by Anne Krueger of the IMF
SPEECH - Address by Anne Krueger, First Deputy Managing Director, International Monetary Fund, given at the National Economists' Club Annual Members' Dinner, American Enterprise Institute, Washington DC, 26 November.
Economics guru warns on UK recession
UK - The threat of inflation in the UK is greater than the Bank of England's Monetary Policy Committee thinks, according to one of its nine influential members.
IMF in support of bankruptcy plan
UK - The International Monetary Fund's management has thrown its weight behind a radical plan for an international bankruptcy procedure, allowing indebted governments to seek legal protection from their private sector creditors.