Economics
Trichet on why Europe needs structural reforms
In the speech 'Why Europe needs structural reforms' given on 24 April Jean-Claude Trichet of the ECB said the eurozone economy could grow nearly a percentage point faster each year if governments make markets more flexible.
The UK current account deficit and all that
Bank of England Monetary Policy Committee member Stephen Nickell said in a paper published on Tuesday 25 April that the UK current account deficit is probably sustainable so long as average returns on equities exceed those on debt.
G-7 appeals to IMF to pressure China on yuan
The International Monetary Fund will take up the task of trying to get China to accept a stronger currency, according to this article published on Tuesday 25 April. Whether the IMF is up to shouldering the burden remains to be seen, it says.
Bubble, schmubble - foil or trouble?
According to this article published on Saturday 22 April, a number of economists are beginning to argue that long-accepted methods of measuring economic trends must be rethought and possibly replaced to reflect new economic conditions.
Is single global currency feasible?
The problems of how to value one currency compared to another and How to predict or control fluctuations in those values persist and now must be solved, according to this article published Tuesday 25 April.
Buba's Weber sticks to German growth forecast
The German central bank still expects economic growth of around 'one-and-a half percent' in Germany this year, despite the rallying oil prices, Bundesbank president Axel Weber told Frankfurter Allgemeine Zeitung in an interview.
Economist warns over euro currency
Respected European economist Paul de Grauwe has warned of the euro's collapse unless there is progress towards political union.
ECB's Mersch sees inflation risks from oil
European Central Bank council member Yves Mersch said in an interview he is concerned about a surge in liquidity and oil prices pushing up inflation.
Central Bank of Chile - Annual Report 2004
According to the Deutsche Bundesbank's Annual Report 2005, sustained monetary impulse and a favorable external environment during the first half of 2004 created an expansionary macroeconomic climate, but initially this was not clearly reflected in…
Does the euro zone really need political union?
Seven years after the launch of the euro, this article published on Friday 21 April asks how much political union is needed to make monetary union work more effectively?
Philadelphia Fed Business Outlook Survey, Apr 2006
According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, April 2006, activity in the region's manufacturing sector continues to expand.
Statement by G7 after Washington meeting
The following is the full text of a statement and an annex issued on Friday 21 April by the finance ministers and central bank governors of the Group of Seven nations after their one-day meeting in Washington.
Reserve Bank of New Zealand Bulletin, March 2006
The Reserve Bank of New Zealand has published the March 2006 issue of its Bulletin. The latest issue includes the article 'Changes in the inflation process in New Zealand'.
Language: Breaking the code of the Fed
This article published on Monday 24 April sets out to decipher the language of the Federal Reserve System, otherwise known as the House of Hints, it says.
IMF given new surveillance powers
The International Monetary Fund has won new powers after its 184 member countries supported a new framework to monitor how the economic policies of one country affect others.
PBOC economist says 2006 GDP at least 9%
China's gross domestic product (GDP) will rise at least nine pct this year and the consumer price index (CPI) is likely to rise more than two pct, the official China Securities Journal reported, citing a central bank economist.
Reserve Bank of Fiji - Annual Report 2004
According to the Reserve Bank of Fiji's Annual Report 2004, the Fiji economy registered its fourth consecutive year of growth in 2004.
Bernanke on community economic development
In the speech 'By the numbers: Data and measurement in community economic development' given on 20 April Ben Bernanke of the Federal Reserve said more and better data about low-income communities are needed to advance development in those areas.
Interview with Fed's Roger Ferguson
In an interview published on Friday 21 April, Federal Reserve Vice Chairman Roger Ferguson said if there were a sense that the economy was at great risk, he would not want to leave the Fed.
No Nixon moment on China's currency
According to this article published on Friday 21 April, for the second time in less than a year Asia's No. 2 economy outmaneuvered the world's biggest on the yuan.
Philadelphia Fed Business Outlook Survey, Mar 2006
According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, March 2006, activity in the region's manufacturing sector continues to grow in March.
Reshaping the IMF - Not even a cat to rescue
This article published Thursday 20 April reports that the International Monetary Fund's budget is shrinking and the morale of its staff is sinking. Some of its best customers are now doing without it, leaving some of its biggest shareholders wondering…
Bank of Canada, Business Outlook Survey, Spring 06
The Bank of Canada published its Spring 2006 Business Outlook Survey on 17 April, saying businesses are positive about the economic outlook.
BoJ overpays on travel expenses
The Bank of Japan has paid overstated amounts of domestic travel expenses claimed by some of its personnel and has been told by the Board of Audit of Japan to correct the problem, Jiji Press reported Thursday 20 April.