Monetary Policy
RBA Bulletin - November 2001
REPORT - The Reserve Bank of Australia has published its November 2001 Bulletin, Measuring the Real Exchange Rate.
Federal Reserve Bulletin - November 2001
RESEARCH - The Economic Performance of Small Banks, 1985-2000 by William F. Bassett and Thomas F. Brady.
Bank of England Monetary Policy Committee Minutes
UK - Minutes of the Bank of England Monetary Policy Committee Meeting held on 7 & 8 November 2001.
Euro changeover may affect Sterling exchange rate
JAPAN - The introduction of euro notes and coins may have implications for the euro-sterling exchange rate, according to Bank of England's director for Europe, John Townend who was speaking in Tokyo.
NZ Brash - Real prospect NZ econ will slow greatly
NEW ZEALAND - There is a "real" prospect of a significant downturn in the New Zealand economy over the next year, allowing interest rates to be lower than previously assumed without jeopardizing price stability, Reserve Bank Governor Donald Brash said…
Bank of England minutes refocus minds in markets
UK - The minutes of November's interest rate meeting at the Bank of England released Wednesday suggest that financial markets may have been premature in assuming interest rates won't fall below their current level.
Germany slips into recession in third quarter
GERMANY - Germany's economy slipped into technical recession in the third quarter, after poor figures for gross domestic product growth confirmed a decline for the second three-month period running.
ECB Duisenberg - EU enlargement no threat to euro
GERMANY - The planned enlargement of the European Union by a number of accession countries poses no threat to the euro currency, European Central Bank President Wim Duisenberg said Friday.
UK shouldn't miss further opportunities in Europe
UK - United Kingdom Prime Minister Tony Blair said Friday that the U.K. shouldn't miss any further opportunities in Europe particularly regarding the euro.
Cash transfer move falters in Europe
EUROPE - The European Commission's 12-year attempt to reduce charges for cross-border money transfers in Europe is in danger of collapsing because of last-minute opposition from several European Union members and fierce lobbying by banks.
ECB Issing - Euro undervalued deficit targets stay
SPAIN - European Central Bank Chief Economist Otmar Issing said Friday that the euro is undervalued and that he remains confident that the currency's value will rise in the future.
Speech by Ernst Welteke, Bundesbank President
SPEECH - Closing remarks at the European Banking Congress by Ernst Welteke, President of the Deutsche Bundesbank, Frankfurt, 23 November.
Speech by Sushil Wadhwani, Bank of England
SPEECH - Speech by Dr Sushil Wadhwani of the Monetary Policy Committee of the Bank of England to the Edinburgh University Economics Society in Edinburgh on 21 November.
Speech by Wim Duisenberg, President of the ECB
SPEECH - Speech delivered by Dr. Willem F. Duisenberg, President of the European Central Bank at the plenary session of European Union Committee of the Regions, Brussels, 14 November.
Bank of Japan monthly report
REPORT - Bank of Japan, Monthly Report of Recent Economic and Financial Developments, November 2001.
Why world deflation is remote
ARTICLE - Samuel Brittan of the Financial Times explains why enough has probably been done to prevent recession spiralling out of control.
Central Bank of Russia - Annual Report 2000
ANNUAL REPORT - The Central Bank of the Russian Federation has published its annual report for the year 2000.
BoE's Wadhwani sees UK inflation below 2.5% target
UK - Bank of England monetary policy committee member Sushil Wadhwani said he expects UK inflation to stay below the 2.5 pct official target over the next two years.
BOJ downgrades assessment for 6th month running
JAPAN - The Bank of Japan (BOJ) on Monday downgraded its assessment of Japan's economy for the sixth straight month, saying personal consumption is gradually weakening due to the negative effects of sluggish industrial production on employment and income.
Japan gov't to work with BOJ to tackle deflation
JAPAN - The Japanese government's key policy-setting panel has decided that the government will coordinate policies with the Bank of Japan in an effort to come up with solutions to tackling persistent deflation, according to a memo from the panel's…
Trichet sees 0.3% growth in France in 4th quarter
FRANCE - Bank of France Governor Jean-Claude Trichet expects French economic growth at 0.3% in the fourth quarter of 2001, following estimated 0.3% growth in the third quarter, according to an interview Monday in French daily newspaper La Croix.
Plenderleith: 11 Sep shows fin system resilience
UK - Bank of England executive director Ian Plenderleith said Monday that the world financial markets had done a "fantastic job" in withstanding the shocks following the 11 September attacks on the U.S.
Central bank of Greece goes live with finance kit
GREECE - Trema, the premier provider of financial technology, today announced that Bank of Greece has gone live with Finance KIT after completing the second phase of the implementation project, making it the first central bank to benefit from Trema's pre…
Bank of Canada Review Autumn 2001
RESEARCH - Factors Affecting Regional Economic Performance in Canadaby Brigid Brady and Farid Novin. Short summary.