Research
Basel Committee Publications, July 2002
REPORT - Sound Practices for the Management and Supervision of Operational Risk, 31 July.
European Central Bank Publication
REPORT - Payment and securities settlement systems in the European Union Addendum incorporating 2000 figures (Blue Book, July 2002).
Chicago Fed National Activity Index, June 2002
REPORT - CFNAI returns to positive territory. In June, the Chicago Fed National Activity Index (CFNAI) was above zero for the second time this year at +0.14. The three-month moving average, CFNAI-MA3, rose to -0.03.
Main Street Economist, June 2002
REPORT - Main Street Economist June 2002 from the Federal Reserve Bank of Kansas, The New Power of Regions: A Policy Focus for Rural America By Mark Drabenstott and Katharine Sheaff.
Philadelphia Fed Business Review, 2nd Quarter 2002
REPORT - The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Second Quarter 2002.
Council of Financial Regulators Annual Report 2001
ANNUAL REPORT - Reserve Bank of Australia, Council of Financial Regulators Annual Report 2001, published 30 July.
Bank of Japan Discussion Paper Series
RESEARCH - Japan's Negative Risk Premium in Interest Rates: The Liquidity Trap and Fall in Bank Lending, Rishi Goyal and Ronald McKinnon, July 2002.
Bank of England Working Paper
RESEARCH - On gross worker flows in the United Kingdom: evidence from the Labour Force Survey, by Brian Bell and James Smith.
BIS Press Release
PRESS RELEASE - BIS consolidated banking statistics for the first quarter of 2002, 26 July.
BIS consolidated international banking statistics
REPORT - The BIS consolidated international banking statistics - first quarter 2002, released 26 July. The statistics highlight a sharp decline in Japanese banks international positions during the first quarter of this year. Over the same period in…
Bank of Canada, Monetary Policy Report Update
REPORT - Bank of Canada, Monetary Policy Report Update, July 2002. The report projects economic growth for Canada in the range of 3 to 4 per cent to the end of 2003. The report also says the Bank is committed to achieving the 2 per cent target for…
Monetary developments in the euro area
REPORT - Monetary developments in the euro area: June 2002, released 25 July. The annual rate of growth of M3 decreased to 7.1% in June 2002, from 7.7% in May (revised downwards from 7.8%). The three-month average of the annual growth rates of M3 over…
Bank of England Working Paper
RESEARCH - Financial liberalisation and consumers' expenditure: 'FLIB' re-examined by Emilio Fernandez-Corugedo and Simon Price.
IMF Survey, July 2002
REPORT - In the latest issue of its survey the International Monetary Fund announce the advisory panel appointed for Argentina, discuss the outlook for the euro-area economy and report on a Working Paper, Making the transition to inflation targeting.
Bank of Japan Semi-annual report 2001
REPORT - Semiannual Report on Currency and Monetary Control Second Half of Fiscal Year 2001, Bank of Japan, 23 July. The report says that although Japan's economy deteriorated in the second half of 2001 this has slowed somewhat and overseas economies…
Central Banker, Summer 2002
REPORT - The Summer 2002 edition of the St. Louis Fed's Central Banker magazine has been published. This edition includes articles on why the St. Louis Fed was chosen as the No. 1 Treasury check-processing site and asks What can banks do to better manage…
Deutsche Bundesbank Monthly Report, June 2002
REPORT - Germany's central bank has published its Monthly Report for June 2002. The report says the stabilising of the German economy as a whole led into a slight recovery in the first quarter of this year but that the upturn in the first quarter was not…
Philadelphia Fed Business Outlook Survey
REPORT - Results from July's Business Outlook Survey reflect a slower pace of activity in the region's manufacturing sector. Although most current indicators fell from their readings in June, the major indicators of output remain positive for the seventh…
Fed Views from the San Francisco Federal Reserve
PUBLICATION - John Williams, Research Advisor at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook, 12 July.
Fear and Loathing of Central Banks in America
RESEARCH - Research from the Federal Reserve Bank of Cleveland, by Michael Bryan and Bruce Champ, June 2002. In the paper the author's call the Federal Reserve "America's uneasy compromise between our wariness of concentrated financial power and our…
Reserve Bank of Australia - Bulletin, July 2002
REPORT - On 18 July the Reserve Bank of Australia (RBA) published its July 2002 Bulletin. In the Bulletin the RBA says that over the past five years, there has been a sustained rise in house prices in most major cities in Australia. Some part of this…
Bank of Japan Monthly Report, July 2002
REPORT - On 18 July the Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, July 2002. In the report the BOJ says that Japan's economy, despite continued weakness in domestic demand, has almost stabilized as a whole…
Historical Model Describes 1900s Gold Standard
RESEARCH - An article in the latest edition of Economic Perspectives, from the Chicago Fed, looks at how the United States adopted the gold standard in the late nineteenth century, pegging the dollar to the British pound sterling and other currencies.
Federal Reserve Board Report
REPORT - Monetary Policy Report to the Congress, 16 July.