Central Banks
Federal Reserve Board FOMC Meeting minutes
MINUTES - Minutes of the Federal Open Market Committee, 21 August.
Fed met on rates twice in wake of attacks
US - The U.S. Federal Reserve's Open Market Committee held two telephone conferences in the aftermath of the 11 September attacks in New York and Washington, agreeing unanimously on 17 September to cut interest rates sharply, according to minutes…
Being less than temperate with economic forecasts
ARTICLE - Letter published in London edition of the Financial Times on 5 October.
€ EURO - Portugal to use big value notes
PORTUGAL - Portugal has changed its mind about not circulating the two highest denomination euro banknotes and now plans to distribute a small number of Euros 500 ( £310) and Euros 200 notes.
€ EURO - Greek kiosks in the front line
GREECE - The owners of Greece's 15,000 kiosks say they want help from the government to prepare for the launch of the euro.
€ EURO - Most ATMs stand ready
BELGIUM - Five in six automated teller machines (ATMs) in the eurozone will provide euro notes from January 1, the first day of the single currency, a survey by the European Commission has found.
€ EURO - Smaller groups less prepared
BELGIUM - One in five small and medium sized businesses in the eurozone say they will not be able to operate entirely in euros on January 1, the first day of the new currency, according to a European Commission study.
€ EURO - Franc to go out with a bang
FRANCE - A trick question for euro-specialists: when is a franc worth Euros 34, not Euros 0.15?
Brazil inflation slows sharply
BRAZIL - Brazil's inflation in September slowed considerably over previous months but is still expected to exceed the upper limit of the government's year-end target of 6 per cent.
Bank for International Settlements
RESEARCH - BIS Papers No. 5 - The changing shape of fixed income markets: a collection of studies by central bank economists.
Customer due diligence for banks
RESEARCH - Basel Committee Publications No. 85, October 2001, customer due diligence for banks.
Speech by David Dodge, Governor of Bank of Canada
SPEECH - Remarks by David Dodge, Governor of the Bank of Canada on Current Developments in the Canadian Economy, 21 September.
Reserve Bank of New Zealand - Annual Report 2001
ANNUAL REPORT - The Reserve Bank of New Zealand today, 4 October, published its Annual Report for 2001.
Bank of England cuts interest rates, quarter point
UK - The Bank of England has cut UK interest rates by a further quarter point as it tries to stem the economic turbulence triggered by last month's terror attacks.
Bank of England News Release
NEWS RELEASE - Official News Release from the Bank of England on interest rate decision, 4 October.
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.
Return of the gold bugs
ARTICLE - The price of gold could go to $340 an ounce within the next three months - and continue to soar after that.
Banks fail on internet targets
UK - Banks have failed to meet targets for cost savings from internet banking and almost half believe the business case for setting up web services may not be viable.
Hayami: Financial systems more stable than 1998
JAPAN - Bank of Japan Governor Masaru Hayami said Thursday 4 October that Japan's financial system is much more stable than it was in 1998, when the nation came to the brink of a full-blown financial crisis.
Shiokawa: Want BOJ to keep at least Y8T reserves
JAPAN - Japanese Finance Minister Masajuro Shiokawa said Wednesday that he won't propose the Group of Seven monetary authorities take joint action against the weak dollar at their meeting in Washington Saturday.
Japanese snap up foreign bonds despite attacks
JAPAN - Japanese investors have been buying a massive amount of foreign bonds in recent weeks, making a mockery of the view they were busily repatriating funds ahead of half-year bookclosings, data showed on Thursday 4 October.
Banks need no RBI nod for online debit cards
INDIA - Banks will not be required to seek the approval from the Reserve Bank of India (RBI) for introducing online debit cards, where straight-through-processing is done.
Pakistan buying dollars to bolster reserves
PAKISTAN - Taking advantage of the sharp drop in the U.S. dollar against the rupee, Pakistan's central bank has been buying the U.S. unit from the interbank market to bolster its foreign exchange reserves, a source said on Wednesday.
Russia c bank to sell $50M to non-residents today
RUSSIA - Today, 4 October, the Russian Central Bank will conduct an auction for non-residents with S-accounts in Russia.