Monetary Policy
US jobless rate jumps to 4.9%
US - The US unemployment rate rose sharply to 4.9% in August, official data has showed.
Economist group sees slower growth ahead this year
US - The National Association for Business Economics has revised down its estimates of U.S. growth for both this year and next.
Japan heads towards recession
JAPAN - Japan's battered economy has tipped yet closer to recession, as new figures show it contracted 0.8% in the second quarter of the year.
Global econ slowdown at or near bottom
SWITZERLAND - While the global economy remains in a slump, conditions at least appear to have stabilized, suggesting that the slowdown is at or near its turning point, Bank of England Governor Eddie George said Monday 10 Sep after a regular meeting of…
Turkish c bank to publish inflation report in Oct
TURKEY - Turkey's central bank plans to announce next month future inflation estimates and details of the monetary policy that will back a plan to cut stubbornly high inflation, a senior central banker said on Monday 10 Sep.
Economic stabilisation hq proposed in Japan
JAPAN - A Japanese think tank on Monday 10 Sep called for creating an economic stabilisation headquarters to work out key strategies for the slumping Japanese economy.
Is Chavez talking Venezuela into currency crisis?
VENEZUELA - Venezuela is enjoying high oil prices and one of Latin America's healthiest growth rates, but outspoken President Hugo Chavez may be literally talking his country into a currency crisis, economists said on Friday 7 Sep.
The Bundesbank's view on the world economy
SPEECH - Speech by Ernst Welteke President of the Deutsche Bundesbank delivered at the Annual Members' Dinner of the Financial Services Industry Association in Dublin, Ireland on Tuesday 4 September.
Horst Kohler at Stanley Fischer’s leaving dinner
SPEECH - Dinner in Honour of Stanley Fischer. Remarks by Horst Kohler, Managing Director, International Monetary Fund 29 August.
Philippines: Preparations for Inflation Targeting
WORKING PAPER - IMF Working Paper written by Piyabha Kongsamut and published August 2001.
Two monetary approaches to the balance of payments
WORKING PAPER - IMF Working Paper written by Jacques J Polak and published August 2001. The two monetary approaches to the balance of payments: Keynesian and Johnsonian.
Welteke: Signs pointing to recovery in 2nd half
IRELAND - Deutsche Bundesbank President Ernst Welteke Tuesday 4 Sep expressed hopes that Germany's economic growth rate will begin to pick up later this year.
Trichet unveils Bank of France euro info campaign
FRANCE - Bank of France Governor Jean-Claude Trichet Wednesday 5 Sep unveiled the French leg of a euro-zone-wide campaign to publicise the switchover to euro notes and coins at the beginning of 2002.
UK interest rates kept on hold
UK - The Bank of England has left interest rates unchanged at 5% today, Thursday 6 Sep.
William McDonough speech in London
SPEECH - Remarks by William J. McDonough President and Chief Executive Officer of the Federal Reserve Bank of New York before the oneLondon Conference "Connecting Finance with Communities: Building Stronger Neighborhoods" London, 6 September.
Likelihood of recession very low - Fed's McDonough
UK - Federal Reserve Bank of New York President William McDonough said on Thursday 6 Sep that the U.S. was unlikely to go into recession. "The likelihood of recession is very low," McDonough said.
No major CPI impact from Euro intro
GERMANY - Germany's Federal Statistics Office said 5 September that the first results of a survey of retail prices don't so far show any significant impact on consumer prices from the euro's introduction.
Reserve Bank of Australia - Press release
PRESS RELEASE - Statement by the governor, Mr Ian MacFarlane - Monetary Policy 5 September.
The stability-oriented monetary policy of the ECB
SPEECH - Luncheon speech by Christian Noyer, Vice-President of the European Central Bank, at the conference organised by HSBC CCF Securities, Paris, 6 September.
Noyer: New Rate Level In Line With Price Stability
FRANCE - European Central Bank Vice President Christian Noyer Thursday 6 Sep hailed the euro's strengthening trend over the past several weeks, while at the same time downplaying its fall back below $0.90 this week.
More low-value euro notes for German retailers
GERMANY - Germany may need to print more low-denomination euro banknotes sooner than expected in response to high demand from retailers, Ernst Welteke, the Bundesbank president, said yesterday, 3 September.
Speech by Stephen Nickell of the Bank of England
SPEECH - Speech by Stephen Nickell, Member of the Monetary Policy Committee of the Bank of England and Glenda Quintini, Credit Suisse First Boston, to the economics section of the British Association for the Advancement of Science, Glasgow, 4 September.
Opening remarks at the Bank of Kansas symposium
SPEECH - Remarks by Federal Reserve Board Chairman Alan Greenspan at a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 31 August.
Roger Ferguson at the Bank of Kansas symposium
SPEECH - Remarks by Federal Reserve Board Vice Chairman Roger Ferguson at a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 31 August.