Monetary Policy

Banque De France - Annual Report 2001

ANNUAL REPORT - Introductory letter for the Annual Report of the Banque de France submitted to The President of the French Republic, The President of the Senate, The President of the National Assembly, by Governor Jean-Claude Trichet, Bank of France.

ECB Press Release

PRESS RELEASE - Publication of papers of the workshop 'The role of policy rules in the conduct of monetary policy', 1 July.

ECB Working Paper Series, No 154

WORKING PAPER - The Euro bloc, the Dollar bloc and the Yen bloc: how much monetary policy independence can exchange rate flexibility buy in an interdependent world?, by Marcel Fratzscher, June 2002.

Forecasters' vision clouds during turning points

US - Research by the Federal Reserve Bank of Atlanta on economic forecasts by The Wall Street Journal in the last 16 years showed that accuracy was low at crucial points of the economy, with forecasters missing out on the aggressive rate cuts of the…

Confidence boosted as Japan shows recovery signs

JAPAN - Japan's export-led economic recovery fuelled a record improvement in sentiment among large manufacturers in a survey of business confidence. However the survey also highlighted the risk to Japan's economic health from the yen's recent rise…

Speech by Masaru Hayami, Bank of Japan, 1 July

SPEECH - In his opening speech to the Tenth International Conference held by the Institute for Monetary and Economic Studies, Hayami said he was convinced that with experts from all over the world exchanging their experiences and views, the conference…

European Central Bank Press Release

PRESS RELEASE - Annual publication of the "Preliminary list of Monetary Financial Institutions in the accession countries" (with reference date as at the end of December 2001), 28 June.

Speech by K Persson of Sveriges Riksbank, 1 July

SPEECH - Persson's speech titled 'On the verge of Eurosystem membership - challenges from a Swedish perspective' highlights how possible Swedish membership of Stage Three of EMU could affect the Swedish labour market and goes on to discuss the changes to…

Interview with Professor JK Galbraith

INTERVIEW - The UK's Independent newspaper published an interview with the 93 year old economist John Kenneth Galbraith on Monday. In the interview Galbraith describes the belief that central bank's can control the economy simply by tweaking interest…

Iran's central bank head speaks of investment need

IRAN - The governor of the Central Bank of Iran (CBI) Mohsen Nurbakhsh said on Saturday that given the successful and good performance of the industrial and mining sectors in the last two years, more investment should be made in the said sectors.

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