Articles by Central Banking Newsdesk
Asian Development Bank chief wants another term
Haruhiko Kuroda, the president of the Asian Development Bank, intends to run for re-election
Brazil slams IMF proposal on capital controls
Brazil’s finance minister Guido Mantega rejects IMF proposals for establishment of framework on capital controls; attacks Fund’s laissez-faire policy on capital movements
China agrees $3.83 billion currency swap with New Zealand
People’s Bank of China and Reserve Bank of New Zealand sign $3.83 billion currency swap deal to further facilitate renminbi trade
China raises banks' required reserves again
China hikes reserve requirements once more; from April 21 banks must retain 20.5%
G-20 agrees guidelines to identify imbalances
G-20 representatives move forward with plans to establish guidelines to measure economic imbalances
Chicago Fed’s Evans warns against leaning on asset-price bubbles
Chicago Federal Reserve president Charles Evans says use of monetary policy tools to address systemic stability will burden Fed’s dual mandate
PboC’s Yi warns advanced economies about risks to recovery
People's Bank of China deputy governor Yi Gang says advanced countries should not lose focus on growing vulnerabilities in financial sector
IMF’s Strauss-Kahn fears mounting social crisis
IMF managing director Dominique Strauss-Kahn says high unemployment and inequality risk developing into social crisis
FSB reviews OTC reform
Financial Stability Board progress report says implementation of OTC derivative reform varies across countries
Stress tests motivate Moody’s Ireland downgrade
Moody’s downgrades Ireland two notches to Baa3 after stress tests force Irish government to allocate additional funds to banks
China economy booms as inflation soars
National Bureau of Statistics of China reveals economic growth of 9.7%; inflation reaches three-year high
Russia launches Olympic coins
Bank of Russia launches Sochi 2014 coin series to “promote Olympic values in Russia and abroad”
Japan’s Shirakawa says supply constraint can be overcome
Bank of Japan governor Masaaki Shirakawa says Japan could return to recovery this year once supply constraints were addressed
ECB’s González-Páramo urges risk framework overhaul
European Central Bank executive board member José Manuel González-Páramo calls for widespread change to risk control frameworks
BoE’s Posen optimistic on Japan recovery
Bank of England external Monetary Policy Committee member Adam Posen says rebuilding from Japan earthquake should kick-start growth
Bank of Canada – Monetary Policy Report (April 2011)
Bank of Canada Monetary Policy Report says rise in terms of trade led to better than expected growth in last quarter of 2010
Banks caught in ‘maelstrom of interlinked pressures’: IMF
IMF’s Global Financial Stability Report slams progress made by banking system reforms; calls for higher quality and quantity capital in Europe
Bank’s Fisher optimistic on winding down crisis facilities
Bank of England executive director of markets Paul Fisher says recent progress in markets reinforced decision to end special liquidity scheme next year
Albania’s Fullani emphasises importance of stress tests
Bank of Albania governor Ardian Fullani calls for more attention to stress tests as part of central banks’ macroprudential policy
NY Fed paper proposes two-tier capital model
New York Federal Reserve study suggests creating a two-tier capital model to solve leverage conflicts
Suda QE proposal defeated: Bank of Japan minutes
Proposal to limit asset purchases to risky assets was turned down by Bank of Japan monetary policy board
RBA's Stevens on China's expansion
Reserve Bank of Australia governor Glenn Stevens says he expects China's growth to continue to eclipse other emerging economies
Fed Beige Book reveals concern over impact of Japanese tragedy
Federal Reserve releases Beige Book; shows improved economic activity across the US but concern over impact of tragedy in Japan
Brics demand "broad-based" international reserve currency system
Leaders of the five fast-growing emerging economies support reform and improvement of international monetary system; want a stable, reliable and broad-based international reserve currency system