Monetary Policy
Minneapolis Fed's District Economic Survey
REPORT - The Federal Reserve Bank of Minneapolis has published its District Economic Survey in its district business newspaper the fedgazette.
European Central Bank - Monetary Policy Decisions
ECB PRESS RELEASE - Monetary policy decisions, 25 October 2001.
Canada's Dodge offers little hope for 2002 economy
CANADA - Bank of Canada Governor David Dodge in a speech on Wednesday chipped away at hopes the Canadian economy might recover in 2002 from its current slowdown, a sickly state worsened by the attacks on the United States last month.
Canada cuts rates to lowest level in 40 years
CANADA - The Bank of Canada surprised the markets by cutting interest rates by three-quarters of a point to the lowest level in 40 years on Tuesday.
ECB leaves interest rates on hold
EUROPE - The European Central Bank has left interest rates unchanged at 3.75% on Thursday.
US reports weak economic activity
US - Economic activity was weak across the US in September and the first half of October, as the effects of last month's terrorist attacks compounded the slowdown already in place before 11 September, the Federal Reserve said yesterday, Wednesday.
HKMA's Yam - Catastrophe to drop HK$ peg now
HONG KONG - HKMA chief uses strong words to quash talk of de-pegging from US$ in a speech given on Wednesday.
Speech by Kate Barker of the Bank of England
SPEECH - Speech by Kate Barker, Member of the Monetary Policy Committee of the Bank of England delivered at the Royal Bank of Scotland/ Scottish Economic Society Annual Lecture, Edinburgh on 23 October.
Speech by Lars Heikensten of Sweden's central bank
SPEECH - Speech by First Deputy Governor Lars Heikensten of Sveriges Riksbank, Sweden's central bank, Stockholm, 23 October.
Very short excerpt from Dallas Fed speech
SPEECH - An excerpt (very short) from speeches by Bob McTeer, President and CEO, Federal Reserve Bank of Dallas before the Texas Economic Development Council and Best Southwest Partnership, Dallas, Texas, 20 September.
Alan Greenspan applauds US financial system
US - The US is blessed with a financial system that is "creative, flexible and innovative", said Alan Greenspan, chairman of the Federal Reserve, in a pre-recorded speech to the American Bankers Association.
Fourth Bank member alludes to rate cut
UK - Kate Barker last night became the fourth member of the Bank of England's monetary policy committee in a week to hint at approval for future interest rate cuts. Her hint came in a speech to bankers and economists in Edinburgh.
Heikensten - Policy could move in either direction
SWEDEN - The first deputy governor of Sweden's Riksbank, Lars Heikensten, on Tuesday noted that inflation should fall to target levels in the long-term, but near-term uncertainties mean monetary policy could either be eased or tightened in the months…
Schroeder: ECB monetary policy can be improved
GERMANY - German Chancellor Gerhard Schroeder said Friday that the European Central Bank's monetary policy could be improved.
China central bank says deflation still a problem
CHINA - The threat that deflation will re-emerge continues, as domestic consumption remains weak, a senior central bank official wrote in a weekend article.
Euro campaigners point to inward investment fall
UK - Pro-euro campaigners yesterday claimed that exclusion from the single currency was beginning to hit the economy, with the news that Britain's share of European inward investment projects had fallen sharply to 21 per cent in the first half of this…
Speech by Yutaka Yamaguchi of the Bank of Japan
SPEECH - Remarks by Yutaka Yamaguchi, Deputy Governor of the Bank of Japan, at the JCIF International Finance Seminar on 17 October.
Speech by Eva Srejber of Sveriges Riksbank
SPEECH - Speech by Second Deputy Governor Eva Srejber of Sveriges Riksbank, the central bank of Sweden, at The EU Club of Sweden, Gothenburg, 16 October.
Speech by Eugenio Domingo Solans of the ECB
SPEECH - Speech delivered at the "2001 Days of Official Statistics" conference, Vienna, 16 October, by Prof. Eugenio Domingo Solans, Member of the Governing Council and of the Executive Board of the European Central Bank.
Speech by the Governor, Central Bank of Malta
SPEECH - Address by Mr Michael C. Bonello, Governor of the Central Bank of Malta to the Malta Chamber of Commerce National Competitiveness Conference, 5 October.
BOJ Mitani: Econ close to deflationary spiral
JAPAN - Many companies in Western Japan think the economy is on the verge of a deflationary spiral, the manager of the Bank of Japan's Osaka branch said Monday.
Greenspan: Fed carried on 11 Sept without him
US - Federal Reserve Chairman Alan Greenspan, who is often praised for his steady hand during times of crisis, said Friday that he was "essentially incommunicado" on 11 Sept, yet the Fed functioned quite well without him.
Germany 'on the brink of recession' - Report
GERMANY - Germany has suffered a sharp fall in growth this year and the recovery next year is likely to be very slight, a bi-annual report from the country's top six economic institutes has warned.
Can Alan save the day again?
ARTICLE - Probably not. In the past decade, we've created inflated ideas of the Federal Reserve's power.