Central Banking
Fed's Poole - Long-run prospects remain bright
US - The prospects for the U.S. economy remain bright despite last week's terrorist attacks, according the president of the Federal Reserve Bank of St. Louis.
Blair warned to make decision about euro entry
UK - Tony Blair has been warned by a close ally that he must stop "dithering" about Britain's place in Europe, and make the political case for joining the euro.
UK growth predicted 'to fall sharply'
UK - A leading think tank has forecast a sharp slowdown in the UK economy next year as a result of the suicide attacks on Washington and New York.
Japan's regulators try to resolve banks' bad loans
JAPAN - In recent years, Japan has repeatedly frustrated foreign investors with its failure to resolve its decade-long bad loan mess.
Basel plan on capital may quiet criticisms
US - Regulators working on a revision of international bank capital rules announced Friday 21 September that they will back off a number of proposals that the industry has criticised.
IMF sees no global recession in 2001 or 2002
US - International Monetary Fund First Deputy Managing Director Anne Krueger said Monday 24 September she does not see a global recession in either 2001 or 2002 despite increased economic uncertainty following the 11 September attacks on the United…
Fed extends deadline on payment risks policy
US - The Federal Reserve Board extended until Nov. 16 the deadline for public comment on the potential longer-term direction of its policy on payments system risk.
Testimony of Chairman Alan Greenspan
SPEECH - Federal Reserve Board Chairman Alan Greenspan testified before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, 20 September.
ECB Monthly Bulletin - September 2001
REPORT - The European Central Bank published its regular Monthly Bulletin on 20 September.
Economic Forces Shaping U.S. - Japan Trade
SPEECH - Thomas M. Hoenig President of the Federal Reserve Bank of Kansas City gave a speech to the Midwest U.S. - Japan Association, Wichita, Kansas, 10 September.
Bank of Japan - Monthly Report - September 2001
REPORT - Bank of Japan Monthly Report of Recent Economic and Financial Developments, September 2001 released 21 September.
Speech by Svein Gjedrem of Norway's central bank
SPEECH - The governor of Norway's central bank, Norges Bank, Svein Gjedrem, gave an address at the Wage Bargaining Conference of the Electricians and IT Workers' Union in Vestfold and Telemark counties on 24 August.
Europe's bank confident of quick recovery
EUROPE - The European Central Bank expressed confidence yesterday that the eurozone would recover quickly from an economic slowdown made worse by last week's terrorist attacks in the US.
More gloom for Japan as BoJ downgrades economy
JAPAN - Confidence in Japan's precarious economy was further undermined on Thursday 20 September as the Bank of Japan lowered its assessment of the economy for the fourth time in as many months and official figures showed a 47.2 per cent slide in the…
Safe-haven currencies and bonds gain, stocks slide
EUROPE - Safe-haven currencies and government bonds gained today, Friday 21 September, as jittery investors pulled out of volatile equities, spooked by last week's terrorist attacks in the US.
Financial regulators set for action
US - Following last week's terrorist attack, US financial regulators are set to clamp down.
Very hard to tell when Japan CPI to exceed zero
JAPAN - Bank of Japan Governor Masaru Hayami said today, 21 September, it is very difficult to tell at this time when Japan's consumer price index will begin increasing.
BOJ Yamaguchi - Need vigilance if war mood rises
JAPAN - Bank of Japan Deputy Governor Yutaka Yamaguchi said today, 21 September, the central bank must be vigilant to maintain market stability if the world gets closer to being on a war footing.
Peru's congress elects directors to central bank
PERU - Congress on Thursday 20 September elected its three representatives to the board of directors of the Central Reserve Bank of Peru.
German business confidence falls
GERMANY - German business confidence has fallen again, reflecting uncertainty over the effects of the terror attacks in the US, a key report has said.
Nigeria's central bank raises rates
NIGERIA - The Central Bank of Nigeria has raised the interest rate at which it lends to commercial banks by 2%, bucking the trend of globally coordinated rate cuts in the wake of the attacks on the US.
International Monetary Fund - Annual Report 2001
ANNUAL REPORT - The International Monetary Fund (IMF) has published its Annual Report 2001. The report was published on 19 September and is for the financial year ended 30 April 2001.
Fears grow for US economy
UNITED STATES - Fears for the US economy are growing, after the country's central bank revealed that there had been no signs whatsoever of an upturn before the terrorist attacks in New York and Washington.
The Federal Reserve Beige Book
REPORT - The Federal Reserve published on 19 September its regular Summary of Commentary on Current Economic Conditions by Federal Reserve District known as the Beige Book.