Economics

Riksbank's Persson on pensions and globalisation

In the speech 'Pensions, globalisation and the current economic situation' given on 9 October Kristina Persson of the Sveriges Riksbank said future pensions will be determined by developments in the economy in general and by wage growth.

Bank of Finland Bulletin 2/2006

According to the Bank of Finland's Bulletin 2/2006, strong growth both in the world economy and domestically provides a solid base for stability in the Finnish financial system.

Ito says Japan panel may discuss inflation target

Japan's key economic panel may discuss whether the Bank of Japan should adopt an inflation target to aid policy coordination with the government, new panel member Takatoshi Ito said Thursday 12 October in an interview.

Central Bank of Armenia - Annual Report 2005

According to the Central Bank of Armenia's Annual Report 2005, during 2005 the overall macroeconomic environment changed considerably due to both real sector developments and government policy measures.

ECB Monthly Bulletin, October 2006

The European Central Bank published its October 2006 Monthly Bulletin on Thursday 12 October. In the report the ECB said eurozone consumer spending is likely to make an increasing contribution to GDP growth in the coming quarters.

Central Bank of Ireland, Quarterly Bulletin 4/2006

The Central Bank and Financial Services Authority of Ireland has published its Fourth Quarterly Bulletin for 2006. According to the Bulletin, against a generally favourable international background, the prospects for the domestic economy remain positive.

BoT expects growth to strengthen next year

The Bank of Thailand expects the Thai economy next year to exceed this year's growth, boosted by a strong export growth, declined inflation rate, sooner-than-expected budget disbursement, and stable interest rate.

BoE's King on the UK economy

In a speech given on 10 October Mervyn King of the Bank of England said the chance of inflation exceeding three percent in the coming months has been reduced by the latest fall in oil prices.

ECB's Trichet at the European Parliament

In testimony given on 10 October at the Economic and Monetary Affairs Committee of the European Parliament Jean-Claude Trichet of the ECB said economic growth in the euro zone has strengthened significantly and interest rates will rise further to combat…

MAS maintains policy on Singapore dollar

The Monetary Authority of Singapore (MAS) is sticking to its policy of allowing slight, gradual appreciation of the Singapore dollar despite expectations of weakness in the economy, it said Tuesday 10 October.

Fukui donates Murakami profit to charity

Bank of Japan governor Toshihiko Fukui said Wednesday 11 October he has donated to charity about 14 million yen returned so far by the Murakami Fund, whose founder has been indicted for alleged insider trading.

Dallas Fed's Fisher on monetary policymaking

In the speech 'Monetary policymaking in a globalized world' given on 10 October Richard Fisher of the Federal Reserve Bank of Dallas said that better tools were needed to set monetary policy in an increasingly global economy.

St Louis Fed's Regional Economist, October 2006

The St Louis Fed's Regional Economist for October 2006 includes the article 'Can we continue to satisfy our appetite for electricity?' 'Predatory lending laws linked to income inequality,' and 'Adding up the economic effects of immigration'.

Interview with St Louis Fed's William Poole

In comments to the Financial Times published Tuesday 10 October St. Louis Federal Reserve Bank President William Poole said the Fed could do "relatively little" and let the bond market stabilise the economy.

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