Monetary Policy
Putting Africa Front and Center
SPEECH - Remarks to the United Nations Economic and Social Council by James Wolfensohn, President of The World Bank Group, Geneva, Switzerland, 16 July.
National Bank of Hungary - Annual Report 2000
ANNUAL REPORT - The National Bank of Hungary has published its Annual Report for the year ended 2000.
ECB leaves interest rates unchanged
GERMANY - The European Central Bank (ECB) left eurozone interest rates unchanged, despite evidence of an economic slowdown.
World Bank questions US plan for the poor
ITALY - On the eve of the G8 summit of world leaders in Genoa, a potentially embarrassing row has broken out between President Bush and other world leaders over how to best help the poor.
Bahrain Monetary Agency - Annual Report 2000
ANNUAL REPORT - The Bahrain Monetary Agency has published its Annual Report for the year ended 2000.
Central Bank of Brazil - Annual Report 2000
ANNUAL REPORT - The Central Bank of Brazil has published its Annual Report for the year ended 2000.
International Capital Markets - IMF Annual Report
RESEARCH - The International Monetary Fund (IMF) has published the annual International Capital Markets report - World Economic and Financial Surveys - Developments, Prospects, and Key Policy Issues. It was prepared by the research department of the IMF…
Testimony of Chairman Alan Greenspan
SPEECH - Alan Greenspan, Chairman of the Federal Reserve Board, has given testimony today, 18 July, before the Committee on Financial Services, U.S. House of Representatives. His testimony is the Federal Reserve Board's semiannual monetary policy report…
Central Bank of the UAE - Annual Report 2000
ANNUAL REPORT - The Central Bank of the UAE has published its Annual Report for the year ended 2000.
UK rates may head higher
UK - The Bank of England has given its clearest indication yet that interest rates may start to climb again in the near future.
Meyer takes aim at the Greenspan legacy
US - Kansas City Fed President Thomas Hoenig, who broke a recent pattern of Federal Open Market Committee unanimity by voting against a half-percentage-point rate cut on May 15, is not a real FOMC dissident, reports Dow Jones news.
Fed Res Bank of Minneapolis - Annual Report 2000
ANNUAL REPORT - The Federal Reserve Bank of Minneapolis has published its Annual Report for the year ended 2000.
Survey on the Introduction of the Euro
RESEARCH - The National Bank of Belgium is conducting a new survey among enterprises concerning the introduction of the euro. The object of this survey is to assess their degree of preparedness for the changeover to the single currency and to evaluate…
Lebanese prime minister meets US bank delegation
LEBANON - The Lebanese Prime Minister Rafik al-Hariri met a delegation of the U.S. Central Bank on 13 July. They discussed issues concerning the bank situation in Lebanon. Hariri also met the head of the International Trade Chambers' Union Adnan Al…
Bank backs Aussie-Kiwi policy
NEW ZEALAND - A journal published by the Hong Kong and Shanghai Banking Corporation (HSBC) has called on Australia and New Zealand to adopt a common monetary policy.
Korea to adopt flexible monetary policies
SOUTH KOREA - Bank of Korea Governor Chon Chol-hwan said 16 July he will be flexible with the bank's monetary policies in view of the uncertainties surrounding both international and domestic economies, and will pay close attention to inflation and real…
Federal Reserves Meyer on Inflation Targets
SPEECH - Federal Reserve Board member, Governor Laurence H. Meyer has given a speech at the University of California, San Diego Economics Roundtable, San Diego, California. The speech is titled "Inflation Targets and Inflation Targeting" and was made…
Global Financial Stability: under threat?
CENTRALBANKNET'S SPECIAL REPORT - As the global stock-market turmoil continues unabated and forecasts for economic growth are dramatically scaled back, what is the likelihood that the world financial system will escape a routing? What have we learnt from…
No change in Japan gov't economic assessment
JAPAN - Vice Finance Minister Toshiro Muto said on 16 July that the government stands by its assessment of Japan's economy although the Bank of Japan (BOJ) slightly downgraded its economic assessment in its latest monthly report on economic and financial…
T T Mboweni: Building Africa's future
SPEECH - Address by Professor TT Mboweni, Governor of the South African Reserve Bank, at the 6th Africa Regional Girl Guides Conference, Cape Town, 2 July.
Takenaka 'not dissatisfied' with BOJ's decision
JAPAN - Heizo Takenaka, state minister in charge of economic and fiscal policy, said 13 July he is "not dissatisfied" with the Bank of Japan's (BOJ) decision to keep monetary policy unchanged.
IMF positively assess Ukrainian central bank work
Ukraine - The National Bank of Ukraine [NBU] has been exceptionally successful in its currency rate policy, which is aimed at consistent strengthening of the hryvnya, harnessing the inflation and increasing the currency reserve. The senior permanent IMF…
CB to work out ideas for commercial banks on euro
HUNGARY - The National Bank of Hungary (MNB) is preparing recommendations to commercial banks regarding the introduction of euro coins and notes in 12 EU member states as of 1 January 2002, MNB spokesperson Gabor Missura said.
BIS Working Paper on euro and financial markets
RESEARCH - The Bank for International Settlements (BIS) has published a working paper on the impact of the euro on Europe's financial markets. The paper is written by Gabriele Galati and Kostas Tsatsaronis, July 2001.