Monetary policy
Woman economist takes MPC post at BofE
UK - A female city economist is to replace Sushil Wadhwani on the Monetary Policy Committee (MPC) in the latest merry-go-round at the Bank of England.
BOK union criticises gov't MPC meddling
SOUTH KOREA - The Ministry of Finance and Economy should stop intervening in appointments of interest-setting Monetary Policy Committee (MPC) members, the labor union of the Bank of Korea asserted yesterday.
HM Treasury Press Release
PRESS RELEASE - Chancellor announces new appointee to the Monetary Policy Committee, 24 April.
Speech by Kazuo Ueda of the Bank of Japan, 24 Apr
SPEECH - In a speech titled 'Structural Problems and the Effectiveness of Monetary Policy' Ueda said that Japan was still suffering from mild deflation, and that domestic economic activity remained dormant. "Domestic demand remains weak in contrast to…
Bank of Canada Monetary Policy Report, April 2002
REPORT - The Bank of Canada today released its semi-annual Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy, 24 April.
Bank of England News Release
NEWS RELEASE - New deputy agents appointed at the Bank of England, 22 April.
Trichet cautious over c bank asset price reactions
USA - People who make monetary policy should be very cautious about taking asset prices into account when they make their decisions, Jean-Claude Trichet, governor of the Bank of France, said in a speech in Chicago Tuesday.
Recent comments by Bank of England MPC members
Feature - Reflection on recent comment from the nine members of the monetary policy committee of the Bank of England, 19 April.
Speech by Dr Wellink, Nederlandsche Bank, 13 Mar
SPEECH - In the speech titled 'EU expansion and EMU' Wellink said that European interests are Dutch interests and warns against premature changeover to the euro of new Member States into the Union. "The surrender of exchange rate flexibility and the euro…
Speech by K Persson of Sveriges Riksbank, 17 Apr
SPEECH - In the speech titled 'Monetary policy and competition' Persson said growth in demand in Sweden and abroad seems to be recovering, suggesting the Riksbank was not worried that the economy might stall. "Growth in demand now appears to be on the…
Korea to name c bank board member in next 2 weeks
SOUTH KOREA - South Korean President Kim Dae-jung will likely name a new member to the Bank of Korea's monetary policy board either next week or in the following week, a central bank official said Thursday.
ECB reform to cap votes not council size - Report
GERMANY - The European Central Bank wants to limit, through rotation, the number of governing council members that can vote on monetary policy after euro zone enlargement, a German newspaper reported on Thursday.
Testimony of Fed Chairman Alan Greenspan, 17 Apr
TESTIMONY - In testimony to the US Congress titled 'Monetary policy and the economic outlook' Greenspan said the strength of the current U.S. economic recovery was not yet clear and praised the economy's resilience in the face of some difficulties, "but…
Polish premier calls for interest rate cut
POLAND - Prime Minister Leszek Miller said on Wednesday he hoped that the Monetary Policy Council (RPP) would support the government in implementing its economic programme by cutting interest rates.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Bank of Japan Monetary Policy Meeting Minutes from the meeting of 28 February, released 16 April.
Changing the guard on the Bank of England's MPC
FEATURE - The Bank of England's Monetary Policy Committee is about to embark on its most radical shake-up since it was set up five years ago. Five of its nine members - including the Governor and his two deputies - will either be replaced or have their…
Speech by Svein Gjedrem of Norges Bank, 5 Apr
SPEECH - Gjedrem said in the speech titled 'Monetary policy and the outlook for the Norwegian economy' that high credit growth posed a risk to the Norwegian oil-backed economy. "The debt level in the households is increasing sharply," he said at a…
UK MPC member says further rate cuts not ruled out
UK - UK interest rates may still fall again if the world economy takes a turn for the worse, while the first increase in borrowing costs could be some way off, a member of Britain's monetary policy team told the Times.
Bank of Japan Monetary Policy Meetings, 11 April
NEWS RELEASE - At the Monetary Policy Meeting held today, the Bank of Japan decided, by unanimous vote, to maintain the following guideline for money market operations for the intermeeting period:
Polish MPC member says gov't missed reform chance
POLAND - A member of Poland's ten strong Monetary Policy Council, Boguslaw Grabowski, has said that Poland's leftist government missed a great opportunity to make deep fiscal and structural reforms in the first months after taking power last October.
Norges Bank's press conference of 10 April
PRESS CONFERENCE - Monetary policy meeting of Norges Bank's Executive Board.
New BOJ policy members tread conventional lines
JAPAN - The Bank of Japan's newly appointed board members adopted a conventional line on monetary policy in their debut public appearance on Friday, in stark contrast to a maverick pro-easing member whom they replaced.
Speech by U Backstrom of Sveriges Riksbank, 19 Mar
SPEECH - "If resource utilization is more strained than the Riksbank now assumes or if potential growth has been overestimated, there is a risk of future inflation being higher than in the main scenario," Backstrom said in a speech following the release…
Summer changes expected on Bank's MPC committee
UK - Ian Plenderleith, a member of the Bank of England's monetary policy committee since its first meeting in June 1997, is to retire when his term finishes at the end of May.