Articles by Central Banking Newsdesk
Hungarian government proposes banking regulator merger
Hungarian parliamentary committee sets out amendments to National Bank of Hungary law that will merge institution with financial regulator; move would see governor Andras Simor demoted to deputy head
Draghi explains extraordinary policy measures
ECB president sets out the reasons behind governing council’s decision to cut the benchmark interest rate and introduce three measures to support bank lending and liquidity in the eurozone
Disagreement on economic outlook influences growth regimes: ECB paper
European Central Bank study shows switch between high-, medium-, or low-growth regimes affected by level of agreement between economic agents
BoE survey shows inflation expectations are climbing
Bank of England Inflation Attitudes survey says most respondents believe inflation is expected to average 3.5% in next five years
National Bank of Hungary paper explains strong demand for cash in Eastern Europe
National Bank of Hungary study shows transactional cash demand is influenced by the level of improvement in payment systems
Liikanen warns of growing downside risks to economy
Bank of Finland governor Erkki Liikanen says he expects Finnish economy to grow by 0.4% in 2012 if eurozone debt crisis does not worsen
SNB holds rates despite weaker growth outlook
Swiss National Bank holds currency floor at Sfr1.20 to the euro as forecasts project a sharp decline in growth and deflation in 2012
New director for IMF Institute
Christine Lagarde announces Sharmini Coorey as new head of the IMF’s economic management training body; also reveals new directors of the external relations and human resources departments
IMF delivers gloomy Greece update
IMF releases Fifth Review Under the Stand-By Arrangement for Greece; offers a bleak picture of the country’s economy and future
Australia ‘well placed’ to deal with global downturn; RBA’s Battellino
Reserve Bank of Australia’s deputy governor Ric Battellino says Australia is in a strong position to cope with ongoing global financial turbulence
Fed holds fire amid European chaos
Federal Open Market Committee points to 'strains' in global financial markets as it holds rates and reaffirms commitment to Operation Twist
Saudi Arabian reshuffle sees new governor appointed
Muhammad al-Jasser moved to government post; Fahd bin Abdullah al-Mubarak takes over as governor of the Saudi Arabian Monetary Agency
Eurozone crisis catches up with Estonia
Bank of Estonia becomes latest central bank to cut growth expectations; says eurozone crisis could cause a recession in the country
BoE working paper investigates capital controls
Working paper from the Bank of England looks at ways of reforming the international monetary and financial system; suggests prudential capital controls may be needed
Currency momentum strategies uncovered: BIS paper
BIS working paper on currency momentum strategies finds a large cross-sectional spread in excess returns of up to 10% a year between past winner and loser currencies
Zeti discusses Islamic finance talent development
Governor of Bank Negara Malaysia stresses the importance of talent development in financial services; growing importance of Islamic finance means education is necessary
Boston Fed analyses US developments in mobile payments
Federal Reserve Bank of Boston paper charts rise of use of electronic banking for individuals in the US
Zambian president sparks ‘fake’ money panic
Zambian president refers to 'fake' money in circulation; finance minister accuses central bank of shirking legalities in awarding latest banknote printing tender to German company
Debt tolerance has turned decisively, says Carney
Bank of Canada governor Mark Carney says deleveraging process is here to stay; warns if debt restructuring needs to happen, it should be done sooner rather than later
US sanctions on Iranian central bank inch closer
Senator Carl Levin reveals Senate’s 'strong' sanctions pass negotiating panel of House and Senate representatives 'virtually intact'; clears way for momentous Bill to pass
Sri Lanka eases rules on foreign investments
Central Bank of Sri Lanka changes regulations on foreign investments and domestic firms taking out foreign loans; aims to support expanding economic activities with additional financing
European Parliament to vote on Cœuré’s future at ECB
Economic and Monetary Affairs Committee recommends Benoît Cœuré for ECB executive board; plenary European Parliament vote to happen on Wednesday
Lessons for monetary policymakers: BoE’s Dale
BoE’s Dale discusses lessons learned in 2011 and tackles concerns and criticisms over quantitative easing
‘Ambitious’ strengthening of economic governance needed: Praet
ECB’s Peter Praet says resolving economic crisis will rely on strengthening economic governance; ECB will remain anchor for stability