Central Bank of Luxembourg

The Federal Reserve and Central Bank Gold Sales

safehaven.com     Jul 3, 2008   9 related          

The long awaited meeting of the Federal Reserve is now history, another page in the annals of monetary debasement is etched into the record, a most hideous and shameful tale, one of wanton destruction to the purchasing power of...                    

Which Central Banks Are Fading Gold?

wordpress.com     Jun 27, 2008   4 related          

Earlier this year, I posted on Finance Manila about the relative value of gold against currencies other than the dollar. I just received via email the latest data from the World Gold Council on the gold reserve holdings of...                    

Walter Bagehot Was Wrong

nysun.com     Jun 19, 2008          

The governor of the Central Bank of Luxembourg raised some eyebrows when he questioned the integrity of the fast-growing balance sheet of the European Central Bank. Yves Mersch, a member of the ECB's governing council as well...                    

Speech at the International Bankers' Club

edubourse.com     Jun 17, 2008   3 related          

Gertrude Tumpel-Gugerell, Member of the Executive Board of the ECB Luxembourg, 16 June 2008 Ladies and gentlemen, First of all, I would like to thank Mr. Carlo Thill and the Board of Directors of the International Bankers' Club...                    

Inflation Risks on Upside, Rates Should Help Curb Inflaton, Says ECB's Mersch (CEP News)

economicnews.ca     May 16, 2008          

Frankfurt - European Central Bank Governing Council member Yves Mersch said that, while inflation risks were on the upside, the current ECB rates would help limit price rises. "We've said that the current level will help contribute to reaching our medium-term objective," Mersch said in an...                    

Overnight News Recap: EU Revises Forecast, ECB Speakers, GE CPIs Declining

economicnews.ca     Apr 28, 2008   45 related          

(CEP News) - The European Commission cuts its growth forecasts and hiked the inflation outlook on Monday morning as regional CPIs reports from Germany showed declining prices for April and a better-than-expected consumer confidence report. Meanwhile, European policy-markers were out in force,...                    

ECB's Mersch Says World Economy Can Easily Absorb Losses

economicnews.ca     Apr 28, 2008          

(CEP News) Frankfurt - The world economy can easily absorb the losses that it has incurred, Central Bank of Luxembourg Governor Yves Mersch stated in the central bank’s stability report published on Monday. ... While the financial market crisis is expected to marginally...                    

Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest ra...

edubourse.com     Apr 25, 2008   1 related          

April 2008 Operational Issues The Short-Term European Paper initiative (STEP) – Extension of the ESCB's involvement On 24 April 2008 the Governing Council approved, at the request of the European Banking Federation, the extension of the ESCB's involv                    

The Week Ahead Europe & UK: European, German Inflation; Euro Zone, GE Employment

economicnews.ca     Apr 25, 2008   3 related          

(CEP News) Inflation data in Germany and all of Europe will be in the spotlight next week. Markets will also receive German and European employment data as well as German retail sales. ... 17:26 04/25 (CEP News) Inflation data in Germany and all of Europe will be in the...                    

Luxembourg Central Banker Expects ECB to Raise Inflation Projection

economicnews.ca     Apr 22, 2008   29 related          

(CEP News) – Inflation in the euro zone may not fall below 2% next year and the European Central Bank will have to consider raising rates on a month-by-month basis, said ECB Governing Council member Yves Mersch on Tuesday. ... "One can always hope that, but whether it is...                    

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