Articles by Central Banking Newsdesk
IMF paper investigates valuation impacts of geographic diversification
Paper finds shareholders are less able to monitor firm executives in diverse bank holding companies; allows corporate insiders to extract larger private benefits
Norges Bank governor sees ‘bright spots’ in global picture
Despite tough conditions globally, Øystein Olsen says growth in Asia and limited recovery in the US are welcome positives
RBA’s Lowe offers views on economic path for 2012
Reserve Bank of Australia deputy governor sets out thoughts on the country's economic position in 2012
Fed official reports on success of dollar swap lines
Steven Kamin, director of the Division of International Finance at the Fed, tells Senate committee currency swap lines have helped ease dollar funding market; stresses agreements are risk-free
Ukrainian central bank signs agreement with banking association
National Bank of Ukraine agrees to deeper co-operation with Independent Banking Association of Ukraine; two bodies sign memorandum of partnership and co-operation
China prepares for an ‘arduous’ year
Task of maintaining financial stability will be ‘arduous’ in 2012, says People’s Bank of China deputy governor; focus will be on risks from regional banks and non-banking institutions
Zoellick to leave World Bank in June
World Bank president Robert Zoellick announces decision to step down this year; IMF’s Lagarde says he has served the international community with “great distinction”
BoE sees strong possibility of inflation undershooting its target
Bank of England February Inflation Report shows inflation in UK is more likely to be below than above its 2% inflation target over the next three years
World Cup linked to declining trade volumes, says ECB paper
European Central Bank study shows distraction created by sporting event explains changes in volume of trades executed in financial markets during playing hours
Malaysia warns external environment could restrict growth
Bank Negara Malaysia fourth quarter report on economic and financial developments says strong domestic demand will drive growth in 2012 despite challenging external environment
Lockhart admits Fed timescale for raising rates could change
Federal Reserve Bank of Atlanta president Dennis Lockhart says FOMC statement anticipating low federal funds rate levels until at least late 2014 was conditional on economic conditions
Parliamentary committee calls for Kenyan governor to resign
Parliamentary Select Committee finds governor's "conduct and behaviour incompatible with the holder of the office of governor of the Central Bank of Kenya"; calls for resignation
Sepa end-date set in stone following final vote
European Parliament passes legislation imposing a February 1, 2014 deadline for migration to Single Euro Payments Area after regulation receives overwhelming support of MEPs in Brussels
US Treasury clarifies sanctions on Central Bank of Iran
US issues detailed list of frequently asked questions; says assessment of which transactions fall under sanctions will be done on case-by-case basis
Governor of Central Bank of Nicaragua steps down
Rumours of a spat with the Nicaraguan president swirl as central bank governor quits; finance minister put forward to replace Antenor Rosales as chief
Vietnam receives first tranche of loan from Asian Development Bank
Asian Development Bank to plough $730 million into updating Vietnam's electricity supply system; first tranche of $121 million released
Philippines warns on fake commemorative banknotes
Central Bank of the Philippines denies issuing a 150 piso commemorative banknote; asks the pubic to report any information on the ‘fictitious’ notes to the authorities
Australia’s Debelle applauds ECB action
Assistant governor of the Reserve Bank of Australia says European Central Bank three-year liquidity operation has helped to improve crisis situation
Israel releases latest economic update
Inflation over whole of 2011 was 2.2%; country reached vicinity of full employment in the first half of last year
Fed’s Plosser warns against ‘accelerationist’ policy
President of the Federal Reserve Bank of Philadelphia says approach that calls for monetary policy to do more to get to objectives faster must be avoided
IMF paper explores importance of systemic emerging markets
Research paper finds differing results for impacts of trading partners' growth on low-income countries that are predominantly commodity exporters and those that are not
Moody’s alters sovereign debt ratings of nine EU countries
Austria, France and the UK see outlooks on Aaa ratings changed to negative; Spain and five other countries’ ratings are downgraded
BoE’s King explains continuing high inflation
Mervyn King writes to chancellor of the exchequer explaining why inflation remains above target; despite 0.6% drop in rate since December, governor must offer reasons for missed target
Japan 'clarifies' monetary policy stance amid criticism
Bank of Japan again increases size of asset purchase programme and sets an inflation target; follows political pressure that Japan is sending the message deflation is acceptable