Economics

Fed's Kroszner on productivity growth

In the speech 'What drives productivity growth? Implications for the economy and prospects for the future' given on 27 September Randall Kroszner of the Federal Reserve said that strong U.S. productivity growth since the mid-1990s seemed set to persist…

Tumpel-Gugerell on financial system modernisation

In the speech 'Opening remarks at the conference on Financial System Modernisation and Economic Growth in Europe' given on 28 September Gertrude Tumpel-Gugerell of the ECB said EU economic growth has been disappointing in the period since the launch of…

Jarai says Hungarian forint vulnerable

"The forint is one of the most vulnerable currencies in the world," Hungary's central bank governor, Zsigmond Jarai said Wednesday 27 September at a conference hosted by the German-Hungarian chamber of commerce.

Interview with Richmond Fed's Lacker

Federal Reserve Bank of Richmond President Jeffrey Lacker told Reuters in an interview on Wednesday 27 September the U.S. economy was on solid ground, but that inflation was still a worry.

Household savings and wealth in New Zealand

This Reserve Bank of New Zealand paper released on 27 September discusses a range of factors that may account for the decline in saving. The paper was prepared as background for a presentation by Reserve Bank governor, Alan Bollard, to the New Zealand…

Gieve on the puzzle of UK business investment

In the speech 'The puzzle of UK business investment' given on 26 September Sir John Gieve of the Bank of England said official figures on business investment in the UK are likely to be revised higher.

Israel's Fischer says 5% growth rate needed

Bank of Israel governor Stanley Fischer told the Finance Committee Tuesday 26 September economic growth must keep a pace of least five percent per year for 10 years for Israel to reduce poverty significantly in the long- term.

MAS's Tong on sharing some perspectives on growth

In the speech 'Sharing some perspectives on growth' given on 18 September Goh Chok Tong of the Monetary Authority of Singapore asked if armed with what we know, can we spot the new growth winners in the next four decades.

IMF paper on currency volatility trends

The IMF Working Paper "Common volatility trends in the Central and Eastern European currencies and the euro" asks how much convergence has been achieved between Central and Eastern European (CEE) economies and the eurozone.

Sweden's Srejber on greater budgetary discipline

In the speech 'Greater budgetary discipline in the EU through transparency and national ownership' given on 26 September Eva Srejber of the Sveriges Riksbank said there have been some improvements in some member states since the Pact was reformed in…

BOK chief says bond market closely monitored

Bank of Korea governor Lee Seongtae told a seminar Tuesday 26 September that the central bank is closely monitoring the bond market's movement, as its importance to the country's economy is growing.

Chicago Fed National Activity Index, August 2006

The Chicago Fed National Activity Index for August 2006, published 21 September, was -0.18 in August, down from -0.07 in July. Two of the four broad categories of indicators in the index made negative contributions.

Dallas Fed's Fisher on a primer on inflation

In the speech 'A primer on inflation' given on 30 August Richard Fisher of the Federal Reserve Bank of Dallas emphasized that the economy is at a "crossroads" and stressed that the Fed is focused on inflation.

Tarisa first female to head BOT?

According to this article published by The Nation on Monday 25 September, the door is wide open for a number of candidates if Bank of Thailand governor MR Pridiyathorn Devakula leaves to become Prime Minister.

Philadelphia Fed Business Outlook Survey, Sep 2006

According to the firms surveyed for the Philadelphia Fed's September 2006 Business Outlook Survey, activity in the region's manufacturing sector slowed this month. Indicators for general activity, new orders, and shipments fell from their readings last…

Norway's Gjedrem on wealth management

In the speech 'Wealth management in a public setting' given on 18 September Svein Gjedrem of Norges Bank said Norway's vast state pension fund, which invests the country's oil wealth, is considering investments in riskier assets in search of higher…

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