Monetary Policy

Many Britons ignorant of Euro

ARTICLE - Captain Euro is the Euro's friendly-face, an animated character who, with his band of merry men and women, are here to educate people about Europe and its new currency.

Fed met on rates twice in wake of attacks

US - The U.S. Federal Reserve's Open Market Committee held two telephone conferences in the aftermath of the 11 September attacks in New York and Washington, agreeing unanimously on 17 September to cut interest rates sharply, according to minutes…

€ EURO - Most ATMs stand ready

BELGIUM - Five in six automated teller machines (ATMs) in the eurozone will provide euro notes from January 1, the first day of the single currency, a survey by the European Commission has found.

€ EURO - Smaller groups less prepared

BELGIUM - One in five small and medium sized businesses in the eurozone say they will not be able to operate entirely in euros on January 1, the first day of the new currency, according to a European Commission study.

Brazil inflation slows sharply

BRAZIL - Brazil's inflation in September slowed considerably over previous months but is still expected to exceed the upper limit of the government's year-end target of 6 per cent.

RBNZ directors - Breach of inflation target was OK

NEW ZEALAND - The Reserve Bank of New Zealand's breach of its official inflation target through much of the year ending 30 June, isn't a matter for concern, the central bank's non-executive directors said in its annual report issued Thursday 4 October.

Speech by Prof. Eugenio Domingo Solans of the ECB

SPEECH - Speech by Prof. Eugenio Domingo Solans, Member of the Governing Council and the Executive Board of the European Central Bank. Delivered at the Euro 2002 Information Campaign conference, hosted by Banca d'Italia. Rome, 18 September.

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