Monetary Policy
Kenya cenbank says economic growth has slowed
Kenya's economic growth is estimated to have declined to 0.4% in the 12 months to August, from 1.4% in the previous year, the Central Bank of Kenya said.
Mersch-M3 scrutiny still key in ECB rate decisions
Luxembourg central bank chief Yves Mersch, a member of the European Central Bank council, on Friday said that scrutiny of money supply retained a key role in the setting of monetary policy.
Japan needs easy monetary stance, says IMF
Japan's economy still has a problem with deflation, and the central bank should keep its easy monetary policy for a while longer, a senior official at the International Monetary Fund (IMF) said on Friday.
Riksbank's Heikensten sees inflation pressure
Swedish central bank first deputy governor Lars Heikensten said inflationary pressure in the country is growing and the central bank may have to raise interest rates as a result.
Svein Gjedrem: Norwegian monetary policy
At a conference held in Copenhagen on 17 November 2000, Mr Svein Gjedrem, governor of the Norges Bank, gives a speech on Norwegian monetary policy. Mr Svein Gjedrem discusses the relationship between the special structure of the Norwegian economy and…
SARB maintains monetary stance
South African Reserve Bank Governor Tito Mboweni Thursday said the central bank's current monetary policy stance would be maintained. This in line with most economists' expectations that interest rates would remain unchanged at the bank's six-weekly…
Philippine interest rates to fall by year end
Philippine central bank governor Rafael Buenaventura said on Thursday the bank planned to lower its key overnight rates before the end of 2000 given signs that inflation and the peso had begun to stabilise.
Brazil's Fraga confident in Argentina's recovery
Brazil's central bank chief Arminio Fraga said Thursday he is confident that neighboring Argentina will leave its economic woes behind although there will be no "instant miracle."
ECB to publish its economic forecasts
The European Central Bank has decided to publish its internal economic forecasts for the euro-zone to improve the markets's understanding of its monetary policy and dispel criticism of excessive secrecy.
Chen: China is a black hole for Taiwan's economy
The economic development in mainland China is a 'black hole' for Taiwan's economy which could drain out all of the capital resources on the island, deputy central bank governor Chen Shih-meng warned Wednesday.
T K Alweendo: Prospects for growth in Namibia
Today Mr T K Alweendo, governor of the Bank of Namibia, gives his annual lecture, held in Windhoek. This year's subject matter is growth and employment or unemployment, depending whether you are anoptimist or a pessimist, joked the governor in his…
Kurt Schuler on monetary sovereignty
Kurt Schuler, who works in the US Senate’s joint economic committee and one of the leading experts on currency boards and dollarisation, has just released on his website a new paper he has written on monetary sovereignty.
Term structure evidence on interest rate
A new paper by Glenn Rudebusch, economist at the Federal Reserve Bank of San Francisco, which looks at the term structure evidence on interest rate smoothing and monetary policy inertia.
Evolution of Monetary Policy Strategies in Europe
A first-rate, new book on monetary policy in Europe by Aerdt Houben, the head of the monetary analysis division of the Netherlands central bank.
Banking liquidity stats from Lithuania cenbank
New data on the liquidity in the banking system will be published on a daily basis on the Bank of Lithuania website.
Bank of Canada releases monetary policy report
The Bank of Canada today released its twelfth semi-annual monetary policy report in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.
The euro and the political debate in Europe
Political union is necessary for the success of European monetary union, argues Professor Andre Szasz, so that Eurozone members begin to accept that their neighbour's problems are now their problems. But lack of policy coordination, potentially could…
Interview with Hanna Gronkiewicz-Waltz
The changes to Poland's monetary policy framework in the 1997 National Bank of Poland Act have proved rather difficult to swallow. But now the reforms are bedding down, central bank presidentHanna Gronkiewicz-Waltz can focus on preparing Poland for…
Tumpel-Gugerell praises transition economies
At the opening of the International East-West Conference entitled "Completing Transition: The Main Challenges", the Central Bank of Austria's vice governor Tumpel-Gugerell highlights positive growth of all transition economies
Iranian vice-president talks about monetary policy
An interview with Dr Mohammad Ali Najafi, vice-president of the Republic of Iran, entitled "Printing bank notes without monetary cover equals the sharp depreciation of the national currency", published by Iranian newspaper 'Hayat-e Now' on 2 November.
Kristinsson leave Central Bank of Iceland
Yngvi Orn Kristinsson has left the monetary department of the Central Bank of Iceland.
Colombia cenbank sees 2000 inflation 8.5% - 10%
Colombia's central bank said that despite high world oil prices, thecountry is on track to meet the 10% inflation target for this year agreedwith the International Monetary Fund.
Ukraine cenbank council backs strong currency
The head of the newly formed Ukrainian central bank council said lastThursday that the body would back a policy of a strong hryvnia currency andfocus on slowing inflation.
Monetary policy frameworks in a global context
A new highly recommended book edited by Lavan Mahadeva and Gabriel Sterne has just been published by the Bank of England's Centre for Central Banking Studies.