Monetary Policy
PM Blair gives strong endorsement of euro entry
UK - British Prime Minister Tony Blair Tuesday gave his strongest endorsement yet of British membership in the European single currency.
Analysis: The Fed's next move
US - The latest round of cuts by the Federal Reserve leaves many wondering what else the nation's central bank can do to revive the listless US economy.
India RBI to release credit policy on 22 October
INDIA - The Reserve Bank of India said Wednesday 3 October that it will publish its bi-annual monetary and credit policy for the current financial year 22 October.
Speech by Ms Sirkka Hamalainen ECB Board Member
SPEECH - Speech delivered by Ms Sirkka Hamalainen, Member of the Executive Board of the European Central Bank, Old Age, New Economy and Central Banking Conference, organised by CEPR/ESI and Suomen Pankki, 14 September, Helsinki.
Speech by Dr Reddy Dep Gov, Reserve Bank of India
SPEECH - First Dr.S.Radhakrishnan Memorial Lecture sponsored by University Grants Commission and organized by the University of Hyderabad, delivered by Dr.Y.V.Reddy, Deputy Governor, Reserve Bank of India, at Hyderabad on 5 September.
Federal Reserve - Press Release
PRESS RELEASE - The Federal Reserve Board on Friday announced the appointment of chairmen and deputy chairmen of the twelve Federal Reserve Banks for 2002.
CBR submits draft 2002 monetary policy guidelines
RUSSIA - The Central Bank of Russia /CBR/ has submitted Monday 1 October the draft 2002 monetary policy guidelines to the State Duma, lower house of parliament, Deputy CBR Chairman Georgy Luntovsky told Prime-TASS Tuesday.
Swedes warm to euro as krona totters
SWEDEN - Swedes have become positive about joining the euro for the first time in 18 months, thanks to a plunge in the value of the krona.
ECB probes fishy tale of Dutch euro bank note
GERMANY - The European Central Bank was investigating an embarrassing breach of security on Monday after a man used a five-euro note to buy fish food from a Dutch shop three months before the single currency becomes legal tender.
The trouble with moving cash
ARTICLE - As Europe prepares to launch euro notes and coins on 1 January, 2002, even the slightest hiccup produces cries of alarm. So when shipments of coins to branches of Societe Generale did not tally with the amounts being debited from its account at…
Monetary policy at centre stage
US - The US Federal Reserve is expected to cut interest rates by 50 basis points when it meets this week.
Survey raises Japan recession fears
JAPAN - Evidence that business confidence in Japan slumped over the summer has sharpened fears that the country is on the verge of its fourth recession in a decade.
Speech by Wim Duisenberg President of the ECB
SPEECH - Speech delivered by Dr. Willem F. Duisenberg, President of the European Central Bank at the inauguration ceremony of the Second Swedish National Pension Fund, Gothenburg, 26 September.
Buba head sees US, Europe economies slowing more
GERMANY - Deutsche Bundesbank President Ernst Welteke believes the economies of the U.S. and Europe are likely to slow further after the 11 September terrorist attacks on New York and Washington.
Speech by Bob McTeer of the Dallas Fed
SPEECH - Remarks by Bob McTeer, President and CEO of the Federal Reserve Bank of Dallas before the Greater Dallas Chamber of Commerce, 2001 Economic Forum: Business Issues and the Economy, Dallas, Texas 12 September.
Speech by Eva Srejber of Sweden's central bank
SPEECH - Speech by Second Deputy Governor Eva Srejber of Sveriges Riksbank, Sweden's central bank at the Swedish Taxpayers Association 21 September.
ECB Press Release - Monetary policy decisions
ECB PRESS RELEASE - At today's meeting the Governing Council of the ECB decided that the minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 3.75%,…
Speech by Antonio Fazio Governor Bank of Italy
SPEECH - Joint Session of the Fifth Committees of the Italian Senate and Chamber of Deputies. Testimony. Fact-finding preliminary to the examination of the Economic and Financial Planning Document for the years 2002-2006. Antonio Fazio, Governor, Bank of…
Euro zone rates kept on hold
EUROPE - The European Central Bank (ECB) has kept eurozone interest rates on hold.
IMF News Brief - Loan to Pakistan
NEWS BRIEF - IMF completes last review under Pakistan's stand-by arrangement, approves US$135 million disbursement.
IMF's Koehler to visit Russia 9-12 Oct, Official
RUSSIA - International Monetary Fund Managing Director Horst Koehler will visit Russia 9-12 October and an IMF mission will spend a week in Russia starting 10 October, a Russian official said Thursday 27 September.
Bank of Spain maintains confidence in the economy
SPAIN - Director of the Bank of Spain's research department, Jose Luis Malo de Molina said on 25 September that the US economy was sufficiently strong to resist the effect of the attacks and that any downturn would only be temporary.
Bank of Japan pumps more money into system
JAPAN - The Japanese central bank, aiming to shore up confidence in the nation's financial markets ahead of a key accounting deadline this week, continues to pump vast amounts of cash into the economy.
IMF may produce interim WEO on impact of US attack
REPORT - Ken Rogoff, chief economist of the IMF said today that his Research Department may well produce an interim World Economic Outlook report to consider some of the quantitative implications of the terrorist attacks in New York.