Wednesday, November 15, 2006

Central Bankers Words

Q3 growth means interest rate hike
Tue, Nov 14 2006
Economic growth in the third quarter was faster than expected, meaning there is still a chance that the Bank of Japan will increase interest rates this year or early next year,

Australia central bank sees policy settings easing price pressures
Mon, Nov 13 2006,
The Reserve Bank of Australia said it expects inflationary pressures to remain in the economy although it expects its monetary policy to counteract such pressures.

Trichet says financial integration will boost euro zone's resistance to shocks
Mon, Nov 13 2006,
European Central Bank president Jean-Claude Trichet said closer financial integration will increase the euro zone's resilience to external shocks and boost its growth potential.

Bernanke says Fed monitoring money growth
Fri, Nov 10 2006,
Federal Reserve chairman Ben Bernanke said the Fed will continue to monitor and analyse money growth even though the relationship between money and inflation has often been unstable.

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