Articles by Central Banking Newsdesk
Bank of Canada paper captures hot potato effect of inflation
Bank of Canada study finds evidence of hot potato effect in buyers’ spending patterns in response to higher inflation
IMF paper identifies risk-sharing, contagion trade-off in Asia
Fund study shows risk sharing in Asia is found to be low between countries in the region compared with contagion effects
Cleveland Fed paper measures impact on education of late school joiners
Cleveland Federal Reserve study shows that delayed entrance to school and relative age at entry has bearing on children's achievement levels but that many later catch up with peers
Canada to consider new policy goals for central bank
House of Commons will hold at least one meeting to discuss broadening monetary policy targets for the central bank; 2% inflation level has been the primary goal for 20 years
FSB sets out framework for monitoring implementation of financial reforms
Financial Stability Board announces co-ordination framework for implementation monitoring of G20/FSB financial reforms; priority areas set for extra scrutiny
US watchdog spots conflict of interest with Fed director roles
US Government Accountability Office identifies three examples where senior bank executives may have benefited from their positions on regional Federal Reserve boards
RBA’s Edey assesses future global CCP model
Reserve Bank of Australia assistant governor Malcolm Edey warns abstract model of central clearing pictured by G-20 leaders may not be realised in practice
Fed’s Beige Book reports on fragile state of US economy
Federal Reserve Beige Book reports restrained employment conditions, as outlook for growth continues to be marred by uncertainty
Bundesbank’s Dombret backs temporary higher capital buffers for European banks
Bundesbank’s executive board member Andreas Dombret says 9% core tier 1 capital for systemically important banks is feasible
Trichet calls for EU executive branch in farewell address
Outgoing president uses farewell speech to express personal opinion on the need for an EU executive branch; body would have powers in three key areas
Emerging market monetary policy is a balancing act: Sarb’s Mminele
South African Reserve Bank deputy governor Daniel Mminele says monetary policy is delicate balancing act in current environment of elevated inflation risks and slow global growth
China banking regulator talks of reform ‘determination’
Liu Mingkang says rating agencies and analysts “underestimate” China’s determined reforms to the banking sector; warns of shadow banking clamp down
Bank minutes show MPC considered larger stimulus
Bank of England Monetary Policy Committee minutes show that size of asset purchases could increase if inflation is forecast to fall below target in medium term
Lords take Vickers to task over robustness of plans
Vickers faces fierce questioning on Independent Commission on Banking’s final report and recommendations; incentive for banks to cheat the system discussed
State Bank of Pakistan’s acting head stays on as governor
State Bank of Pakistan acting governor Yaseen Anwar becomes third governor in less than a year and a half to head the central bank, after taking role on permanent basis
Bernanke muses on future of inflation targeting
Fed chairman sees place for inflation targeting in monetary policy frameworks of the future; hints at further transparency in decision-making
St Louis Fed’s Bullard discusses importance of revised data in policy-making
St Louis Federal Reserve president James Bullard says large revisions to key economic estimates can pose challenges to policymakers
RBA’s Debelle expresses concern over bank funding pressures
Reserve Bank of Australia assistant governor Guy Debelle outlines differences in bank funding pressures in Europe and Australia
Eurobonds not the solution for sovereign debt crisis: ECB’s Stark
European Central Bank executive board member Jürgen Stark says reforms to eurozone fiscal governance should come before introduction of common bond
FDIC appoints new director of division of finance
Craig Jarvill has temporary role as director of the division of finance made permanent
Bank’s King adamant inflation will fall
Bank of England governor Mervyn King maintains inflation will drop towards target after Office for National Statistics reports largest rise in annual CPI since September 2008
Basel Committee assesses progress towards new capital rules
Basel Committee on Banking Supervision monitors progress of member countries in adopting proposals for higher bank capital buffers
IMF's Min opens latest Technical Assistance Centre
International Monetary Fund deputy managing director Min Zhu inaugurates new technical assistance centre in Mauritius
RBNZ’s Bollard discusses earthquake contingency plans
Reserve Bank of New Zealand governor Alan Bollard outlines emergency measures adopted by central bank in preparation for future natural disasters