Monetary Policy
Rate cut row mars summit
GERMANY - The European Union has called for the European Central Bank (ECB) to take "further decisive action" in easing monetary policy in order to boost the eurozone's economy.
Soros lashes out at ECB
US - George Soros, the billionaire financial expert, has lashed out at the monetary policy of the European Central Bank (ECB).
Hayami says Greenspan against inflation targeting
JAPAN - Bank of Japan Governor Masaru Hayami said on Thursday U.S. Federal Reserve Chairman Alan Greenspan had told him the U.S. central bank chief was opposed to the idea of setting an inflation target for central banks.
Finland tops economic league
FINLAND - Little Finland has knocked the United States off its perch as the world's most competitive economy, according to an annual ranking from the World Economic Forum (WEF).
Speech by Sirkka Hamalainen of the ECB
SPEECH - Speech delivered by Dr. Sirkka Hamalainen, Member of the Executive Board of the European Central Bank, ACI, Dublin, 15 October.
Speech by Tony Latter of the HKMA
SPEECH - Opening Remarks by Mr Tony Latter, Deputy Chief Executive, Hong Kong Monetary Authority, at the Signing Ceremony for the Appointment of the Dao Heng Bank Group, HSBC and Hang Seng Bank as Placing Banks for the Retail Bonds of the HKMC, 22…
Speech by Urban Backstrom of Sveriges Riksbank
SPEECH - Speech by Governor Urban Backstrom of Sveriges Riksbank, Sweden's central bank, at The Riksdag's Finance Committee 16 October.
Reserve Bank of Australia Bulletin - October 2001
REPORT - The Reserve Bank of Australia has published its regular monthly bulletin for October, Future Directions for Monetary Policies in East Asia.
Philadelphia Fed Business Outlook Survey, October
SURVEY - The Federal Reserve Bank of Philadelphia has published its regular Business Outlook Survey for October 2001.
HKMA exec says no to US$ as Hong Kong's currency
HONG KONG - Hong Kong Monetary Authority Deputy Chief Executive Tony Latter said Monday said there was no need to make the U.S. dollar the city's official currency.
Philadelphia Fed Oct. index plunges
US - The Federal Reserve Bank of Philadelphia's business outlook survey for October indicated the regional economy reversed following the 11 September terror attacks.
ECB Monthly Report October 2001
MONTHLY REPORT - The European Central Bank has published its Monthly Report for October 2001.
Expectations of rate cut up in ECB monthly report
GERMANY - The European Central Bank yesterday strengthened expectations that it will cut interest rates soon by saying the eurozone faced moderate inflationary pressures but continuing risks to economic growth.
Testimony of the Fed Chairman Alan Greenspan
TESTIMONY - Testimony of Federal Reserve Board Chairman Alan Greenspan, before the Joint Economic Committee, U.S. Congress, 17 October.
Speech by David Clementi of the Bank of England
SPEECH - Speech by David Clementi, Deputy Governor of the Bank of England at the APCIMS Annual Conference in London on 19 October.
Central Banking in New Zealand
RESEARCH - This brochure takes a detailed look at the institutional arrangements and statutory framework that apply to the Reserve Bank of New Zealand.
Ecofin mins press rate cut case - ECB receptive
LUXEMBOURG - Euro zone finance ministers kept the heat on the European Central Bank to lower interest rates yesterday, Monday 15 October - and there are signs that central bankers may be sympathetic to their views.
BoE's Clementi says "clear downside risk" to rates
UK - Bank of England deputy governor David Clementi said on Friday there were "clear downside risks" to UK interest rates due to the slowing world economy, made worse by September's attacks on the United States.
Research from the San Francisco Fed Bank
RESEARCH - The Federal Reserve Bank of San Francisco has published an Economic Letter 2001-29; 19 October, titled Has a Recession Already Started?
Has a Recession Already Started? - FRBSF
US - In this latest Economic Letter, San Francisco Federal Reserve Bank Senior Research Advisor Glenn Rudebusch examines the definition and dating of recessions.
Speech by Urban Backstrom of Sweden's central bank
SPEECH - Speech by Governor Urban Backstrom of Sveriges Riksbank, Sweden's central bank, at Euroforum's Conference, rebro, 10 October.
Speech by Wim Duisenberg President of the ECB
SPEECH - Speech delivered by Dr. Willem F. Duisenberg, President of the European Central Bank, at the conference hosted by the Bank of Greece on 17 October in Athens.
Speech by J Alfred Broaddus of the Richmond Fed
SPEECH - Remarks by J. Alfred Broaddus, Jr. President, Federal Reserve Bank of Richmond at the 26th Annual Economic Policy Conference, Federal Reserve Bank of St. Louis, St. Louis, MO, 12 October.
Richmond Fed's Broaddus says inflation target good
US - Federal Reserve Bank of Richmond President Alfred Broaddus said on Friday 12 October the Fed should have an explicit long-term inflation objective to further boost the U.S. central bank's credibility.