Monetary policy

Bank of Japan warns on loosening monetary policy

JAPAN - Masaru Hayami, governor of the Bank of Japan, warned yesterday that loosening monetary policy could trigger hyperinflation, highlighting the growing gap between the Bank of Japan's thinking and that of the government and many private sector…

'No prior talks' on emergency interest rate cuts

UK - The world-wide cuts in interest rates in the wake of the terror attacks on New York and Washington was not coordinated in advance, according to a prominent former member of the Bank of England's policy-making Monetary Policy Committee.

Speech by William Poole of the St. Louis Fed Bank

SPEECH - William Poole President, Federal Reserve Bank of St. Louis. Prepared for Panel on Promoting Economic Growth: What Monetary Policy Can And Cannot Do. National Association For Business Economics 43rd Annual Meeting, New York, New York, 10…

Report - Central banks did not act together

US - Unlike the co-ordinated monetary policy moves that were the hallmark of international economic co-operation of the 1980s, the spate of interest rate cuts that rippled around the world on Monday and Tuesday was not a pre-arranged exercise by G7…

Speech by Stephen Nickell of the Bank of England

SPEECH - Speech by Stephen Nickell, Member of the Monetary Policy Committee of the Bank of England and Glenda Quintini, Credit Suisse First Boston, to the economics section of the British Association for the Advancement of Science, Glasgow, 4 September.

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