Articles by Central Banking Newsdesk
Cyprus governor warns country has 'lost credibility'
Athanasios Orphanides tells parliamentary committee that budget measures must be pushed through quickly to restore confidence in Cyprus; warns the country has lost credibility
Philippines banking sector liberalisation continues
Central Bank of the Philippines awards seven banks the right to open 162 branches in previously 'restricted' zones; next phase in the liberalisation of the domestic banking sector
Australia announces new deputy governor
Philip Lowe promoted from position as assistant governor; Heather Ridout revealed as new external board member
FSB consultative group for the Americas gathers in Mexico
Central bank governors Agustín Carstens and José De Gregorio co-chair first regional group meeting to exchange views on key financial stability issues
Plosser warns Fed against engaging in fiscal policy
Philadelphia Federal Reserve president Charles Plosser says involvement in credit programmes risks blurring distinction between monetary and fiscal policy
ECB paper tests eurozone balance sheet transmission mechanism
European Central Bank study shows central bank balance sheet operations can stimulate economic activity and inflation, but has its limitations
Debt crises lead to sharp and protracted recessions: IMF paper
Fund study shows debt crises reduce output growth by about 10 percentage points and last an average of eight years
RBI’s Gokarn warns against rising food inflation
Reserve Bank of India deputy governor Subir Gokarn calls for reforms in infrastructure and technology to ease inflationary risks in the future
Central Bank of Tunisia makes plea to government
Newly formed interim government must act to restore investor confidence, says board of directors; calls for independence of the central bank to be protected
Riksbank appoints two new deputy governors
Kerstin af Jochnick and Per Jansson will succeed Svante Öberg and Lars Nyberg on the Swedish central bank’s executive board at the beginning of next year
US Senate passes sanctions on Central Bank of Iran
US Senate passes sanctions aimed at Iran's crucial oil industry; measure will prevent financial institutions from doing business with US and Iran, forcing them to choose
Bank of England selects new chief for Special Resolution Unit
Andrew Gracie returns to Bank of England to lead special resolution unit; takes over later this month
Credit booms linked to financial crisis – IMF paper
IMF working paper shows credit growth becomes less dependent on bank soundness during boom periods
Japan’s Miyao hammers home macroprudential importance
Speaking in San Francisco, policy board member Ryuzo Miyao explains how Japan is working on ways to better assess risks across the country’s entire financial system
Fed paper details highs and lows in Spanish economic activity
Researchers point to change between 2007 and 2011 as one of the worst in Spanish economic history
Financial crisis leaves questions over future of banking: Luc Coene
Belgian governor says with huge reforms beginning to take effect, it is impossible to accurately predict the future state of the banking sector in Belgium
Draghi pushes for greater fiscal integration in eurozone
European Central Bank president Mario Draghi says new fiscal pact is needed between eurozone countries to deepen economic integration
Kenyan parliament passes new payments regulation law
Central Bank of Kenya governor offers overview of 2011 for economy; reports on progress of National Payments System Bill
Fed picks new head for banking supervision division
Michael Gibson takes over from Patrick Parkinson on January 1; Parkinson leaves Fed after 30 years of service
Inelastic demand and supply explain oil volatility: Bank of Canada paper
Bank of Canada study shows decline in price elasticity raised oil price and reduced oil production volatility
Capital flows reversed in India post-QE2: RBI paper
Reserve Bank of India study shows capital inflows into India declined after the US Federal Reserve’s second quantitative easing programme
Minneapolis Fed’s Kocherlakota warns FOMC against inflation drift
Minneapolis Federal Reserve president Narayana Kocherlakota says Federal Reserve should formulate a public contingency plan to avoid tolerance of high inflation
MAS’s Menon defends central bank’s governance structure
Monetary Authority of Singapore managing director Ravi Menon says central bank has proven it can act independently “within” government
UK banks lament costs of ring-fencing operations
House of Lords Economic Affairs Committee report shows UK’s biggest banks believe recommendations to ring-fence retail operations underestimate costs of reform but agree measures are a “done deal”