Official Record

Turkey justifies steep cut

The Central Bank of Turkey cut rates by 150 basis points last month on signs that inflation would undershoot its 7.5% target for this year, the minutes for the 19 February meeting reveal.

Central Bank of Iran - Annual Report 2006/07

In the 2006/07 financial year, inflation increased above the target set in Iran's five-year development plan in part due to the central bank's lack of independence, it notes in its latest Annual Report.

RBA explains February cut

Significantly lower forecast for domestic output growth than expected was behind the Reserve Bank of Australia's cut in the cash rate by 100 basis points to 3.25%, according to minutes of the February meeting.

Crisis timeline by the St Louis Fed

The Federal Reserve Bank of St Louis has created a website that documents the major events in the global financial crisis that started in 2007.

Joint statement on the crisis

The World Bank, the International Monetary Fund and the Organisation for Economic Co-operation and Development have issued a joint statement calling for policy action on four areas of the global economic crisis.

ECCB - Annual Report 2007/08

Eastern Caribbean Currency Union (ECCU) countries are among the most vulnerable in the international system, said Dwight Venner, the governor of the Eastern Caribbean Central Bank in its latest Annual Report.

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