Monetary Policy

Speech by Eugenio Domingo Solans of the ECB

SPEECH - Eugenio Domingo Solans, Miembro del Consejo de Gobierno y del Comite Ejecutivo del Banco Central Europeo, Intervencion en el Foro Financiero 2002 de ABC, Madrid, 11 de febrero del 2002. This speech is only in Spanish, 11 February.

When can we forcast inflation?

RESEARCH - Article by Jonas D. M. Fisher, Chin Te Liu and Ruilin Zhou. Chicago Fed researchers show that inflation forecasting models, like the Phillips curve, may still provide sound predictions of inflation. They argue that time periods in which it is…

G7 upbeat on global economy

CANADA - The world's seven leading industrialised states have said prospects of an upturn in a global economy hit by the 11 September attacks on America have strengthened, although risks remain.

Japan acts to end recession

JAPAN - Prime Minister Junichiro Koizumi has asked his government minister to hammer out a series of economic reforms aimed at lifting Japan out of recession.

Wim's way with words

FEATURE - Duisenberg's volubility has earned him many enemies and even a few admirers. He has certainly become known as a rather unconventional central banker.

Argentina to resume IMF talks

ARGENTINA - In a bid to convince the International Monetary Fund (IMF) to resume economic assistance to Argentina, economy minister, Jorge Remes Lenicov will on Tuesday visit Washington to present his package of economic measures.

Speech by Federal Reserve Governor Mark Olson

SPEECH - "The Fed does not attempt to predict market changes, but I hope the process put in place by the Congress will allow financial institutions to adjust to market changes within certain notable bounds," Fed Governor Mark Olson said in a speech on…

Speech by Federal Reserve Governor Mark Olson

SPEECH - There are no widespread problems with banks' use of so-called special purpose vehicles - accounting moves aimed at taking risks off their balance sheets that have come under scrutiny recently, Federal Reserve governor Olson said on Thursday in a…

G7 to discuss world recovery

CANADA - Efforts to end the world economic downturn and measures to lift the weak Japanese yen will be on the agenda when finance ministers and central bankers from the Group of Seven industrial nations meet in Ottawa, Canada.

Speech by Andrew Crockett, General Manager, BIS

SPEECH - The chief of the Basel-based Bank for International Settlements warned on Monday of growing divergence between what accountants and bank supervisors think is good practice, saying clashes were likely. The speech was titled 'Reflections on the…

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