Monetary Policy

Early euro vote for UK in doubt

UK - Chancellor of the Exchequer, in the UK, Gordon Brown poured cold water yesterday on expectations the British government was leaning toward holding a referendum on joining the European single currency during the current parliament.

Buba Welteke - ECB rate policy no hinder to growth

GERMANY - The European Central Bank's interest rates aren't an obstacle to growth, long-term and real interest rates are low and the ECB must avoid letting long-term inflation expectations build up, Deutsche Bundesbank President Ernst Welteke repeated,…

Japan's fading economy

ARTICLE - Two years ago, at the height of the dot.com bubble, when there were already worries that the US boom would end in tears, it was argued that the world needed Japan to start growing again before the US stopped doing so. It didn't quite turn out…

Riksbank's Persson - Sweden should join EMU

SWEDEN - Sweden should enter European Economic and Monetary Union to offset the risks of price swings and better align the economy with its chief export market, the Riksbank's deputy governor, Kristina Persson, said in a speech Tuesday.

ECB: Monetary conditions not hindering growth

SPAIN - Current monetary conditions in the euro zone aren't hindering growth, European Central Bank executive board member Eugenio Domingo Solans said Wednesday, echoing similar remarks made recently by other ECB Governing Council members.

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