Monetary Policy

Growing Greenspan role worries some

US - Alan Greenspan has been everywhere in guiding economic policy in the wake of the terrorist attacks - slashing interest rates, helping to get Wall Street running again, shaping the tax cuts being developed by Congress and evaluating which airlines…

Speech by Eugenio Domingo Solans of the ECB

SPEECH - Speech delivered at the European Parliamentary Financial Services Forum, Brussels, by Prof. Eugenio Domingo Solans, Member of the Governing Council and of the Executive Board of the European Central Bank (ECB), 9 October.

ECB Press Conference

PRESS CONFERENCE - Introductory statement by Willem F. Duisenberg, President of the European Central Bank, Christian Noyer, Vice-President of the European Central Bank, Vienna, 11 October.

Speech by Glenn Stevens of the RBA

SPEECH - Speech at the Economic Society of Australia (Victorian Branch) Forecasting Conference, Melbourne, 10 October, by Glenn Stevens, Assistant Governor, Economic Group, Reserve Bank of Australia.

Bank of Japan warns on loosening monetary policy

JAPAN - Masaru Hayami, governor of the Bank of Japan, warned yesterday that loosening monetary policy could trigger hyperinflation, highlighting the growing gap between the Bank of Japan's thinking and that of the government and many private sector…

Speech by Sirkka Hamalainen of the ECB

SPEECH - Speech delivered by Dr. Sirkka Hamalainen, Member of the Executive Board of the European Central Bank, 12th Wirtschaftssymposium, "Global Business - Redefining the Challenge", European Business School, Oestrich-Winkel, 5 October.

The Magic's Gone

RESEARCH - A hard look at the data shows that the famous NAIRU Phillips curve does no better at forecasting inflation than a simple look at the past. From 'The Region' published quarterly by the Federal Reserve Bank of Minneapolis, September 2001.

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