Monetary Policy

Domingo Solans - Mass media campaign

EURO - Domingo Solans: Press conference on the occasion of the unveiling of the euro banknotes and their security features. Presentation of the mass media campaign including a brief overview of the Euro 2002 Information Campaign, Frankfurt, 30 August.

Countdown to euro cash

EUROPE - The European Central Bank begins its campaign today, 30 August, to persuade the 300 million citizens of the eurozone to recognise - and love - their new currency.

Welteke - ECB focus is inflation, not growth

GERMANY - Ernst Welteke, member of the European Central Bank council, on 29 August said there were signs of a possible recovery of the euro zone's largest economy, but stressed the ECB's main task was to control inflation and not stimulate growth.

IMF to cut global forecasts

US - The IMF has cut its forecast for world economic growth this year to 2.8% from 3.2%, Reuters reported on 29 August citing unnamed sources at the international lender.

Bank of Japan Discussion Paper

RESEARCH - A discussion paper from the Institute of monetary and economic studies, Bank of Japan by Hiroshi Fujiki. Money demand near zero interest rate: Evidence from regional data.

Brazil cenbank chief to meet IMF's Fischer

BRAZIL - Brazilian Central Bank President Arminio Fraga will leave for Washington D.C. today, 28 August, to meet with the outgoing No.2 official at the International Monetary Fund (IMF), the bank said on 27 August.

Changeover to euro not to create hidden pressure

EUROPE - The changeover to the euro should not create hidden inflationary pressures or VAT increase, President of the European Parliament Economic and Monetary Affairs Committee, Christa Randzio-Plath, said, referring to European Central Bank (ECB)…

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