Monetary Policy

RBNZ directors - Breach of inflation target was OK

NEW ZEALAND - The Reserve Bank of New Zealand's breach of its official inflation target through much of the year ending 30 June, isn't a matter for concern, the central bank's non-executive directors said in its annual report issued Thursday 4 October.

Speech by Prof. Eugenio Domingo Solans of the ECB

SPEECH - Speech by Prof. Eugenio Domingo Solans, Member of the Governing Council and the Executive Board of the European Central Bank. Delivered at the Euro 2002 Information Campaign conference, hosted by Banca d'Italia. Rome, 18 September.

ECB probes fishy tale of Dutch euro bank note

GERMANY - The European Central Bank was investigating an embarrassing breach of security on Monday after a man used a five-euro note to buy fish food from a Dutch shop three months before the single currency becomes legal tender.

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