Monetary Policy
Yam to receive degree of Doctor of Business
HONG KONG - Joseph Yam Chi-kwong, Chief Executive of the Hong Kong Monetary Authority, will receive the degree of Doctor of Business Administration, honoris causa.
SNB President - Strong Swiss Franc has advantages
SWITZERLAND - Swiss National Bank President Jean-Pierre Roth is convinced a strong Swiss franc benefits the country's economy, he told weekly magazine Facts in an interview to be published Thursday.
Out-of-step BoJ board member helps constrain yen
JAPAN - A Bank of Japan policy board member suggested yesterday that the central bank should acquire at least Y200bn ( £1.1bn) of foreign bonds every month in an attempt to fulfil its legal duty to stabilise prices.
Speech by Michael Moskow, President, Chicago Fed
SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago at FABTECH International 2001, McCormick Place-South, Chicago, Illinois, 13 November.
ECB Noyer - Wise for China to boost euro forex
CHINA - European central bank Vice President Christian Noyer said Tuesday it was "a very wise decision" for Chinese authorities to choose to boost the amount of euros in the country's foreign exchange holdings.
Shiokawa - Need to consider money printing issue
JAPAN - Japanese Finance Minister Masajuro Shiokawa said Tuesday the government needs to examine various aspects of the idea of printing more money to stem deflation.
UK inflation falls to record low
UK - UK inflation fell more steeply than expected last month, paving the way for further interest rate cuts to stimulate the economy.
IMF Working Paper - Exchange Rate Policy
RESEARCH - Post-Crisis Exchange Rate Policy in Five Asian Countries: Filling in the "Hollow Middle"? by Leonardo Hernandez and Peter Montiel, International Monetary Fund, November 2001.
Speech by Urban Backstrom of Sveriges Riskbank
SPEECH - Speech by Governor Urban Backstrom of Sweden's central bank at the Swedish Shareholders' Association, Stockholm, 27 November.
Speech by William Poole of the St. Louis Fed Bank
SPEECH - Speech by William Poole, President, Federal Reserve Bank of St. Louis at the Session on: "How Transparent Should a Central Bank Be?" The Philadelphia Fed Policy Forum, Federal Reserve Bank of Philadelphia, Philadelphia, Pennsylvania, 30 November…
Two new Fed governors will attend policy meeting
US - Two new governors will take part in the Federal Reserve's interest-rate deliberations tomorrow.
US central bank HQ anthrax-free - fed reserve
US - The US Federal Reserve headquarters in Washington has been declared anthrax-free after testing negative for the germ, a spokesman said.
IMF Working Paper Consequences of Russia's Crisis
RESEARCH - The Russian Financial Crisis and its Consequences for Central Asia by Gonzalo Pastor and Tatiana Damjanovic, International Monetary Fund, October 2001.
BIS Quarterly Review, December 2001
REPORT - Bank for International Settlements, Quarterly Review, 10 December 2001 International Banking and Financial Market Developments.
RBA Macfarlane says growth running at around 3 pct
AUSTRALIA - Reserve Bank Governor Ian Macfarlane said on Thursday he saw the Australian economic growth running at around three percent.
CNB to change internal structure as of 2002
CZECH REPUBLIC - The Czech National Bank's (CNB) organisational structure will change as of 1 January 2002, and the Bank Board should deal solely with monetary issues and monetary-political decisions, says the latest edition of the Euro weekly, due out…
Speech by Federal Reserve Governor Ed Gramlich
SPEECH - Remarks by Federal Reserve Governor Edward M. Gramlich at the New Technologies and Monetary Policy International Symposium, Bank of France, Paris, France, 30 November.
IMF Working Paper - Australian Business Cycles
RESEARCH - Key Features of Australian Business Cycles, prepared by Paul Cashin and Sam Ouliaris, International Monetary Fund, November 2001.
Speech by Governor of the National Bank of Belgium
SPEECH - Speech by Guy Quaden, Governor of the National Bank of Belgium at the 23rd SUERF Colloquium Brussels, 27 October.
Practical issues arising from the euro
RESEARCH - The Bank of England today, Friday, published its semi-annual booklet 'Practical issues arising from the euro' December 2001 issue.
ECB Press Release
PRESS RELEASE - European Central Bank Decisions on the issue of euro banknotes and on the allocation of monetary income, 6 December 2001.
ECB Press Release
PRESS RELEASE - Monetary policy decisions, 6 December 2001.
ECB Press Conference
PRESS CONFERENCE - Introductory statement by Willem F. Duisenberg, President of the European Central Bank and Christian Noyer, Vice-President of the European Central Bank, Frankfurt, 6 December.
Japan falls into recession
JAPAN - Japan has entered a recession, according to the latest official figures, which show the world's second largest economy continued to shrink between July and September.