Articles by Central Banking Newsdesk
Central banks break 20-year streak with net gold purchase in 2010
World Gold Council's Fourth Quarter Investment Digest says central bank purchases of gold slightly outweighed sales for first time in 20 years on growing demand for the precious metal
Basel III should aim higher on capital targets: Bank research
Discussion paper published by Bank of England and co-authored by external rate-setter David Miles suggests Basel III common equity requirements are too low
S&P downgrades Japan
Standard and Poor's downgrades Japan by one notch to AA– on fears that aging population places greater fiscal burden on Tokyo
IIF’s Oudéa calls for G-20 taskforce for cross-border resolution
Institute for International Finance’s Frédéric Oudéa says G-20 taskforce will stir up political will for agreement on cross-border resolution
Strong US-Canadian financial linkages: Bank of Canada paper
Bank of Canada study finds strong evidence of spillover effect between financial conditions in the United States and Canada
Recovery pausing, BoJ reports
Bank of Japan’s January 2011 Monthly Report of Recent Economic and Financial Developments says recovery in Japan is being slowed down by weak demand
Bank’s Weale joins Sentance in vote for rate hike
Bank of England’s external MPC member Martin Weale joins Andrew Sentance in vote for 25-basis point rate hike; decision marks growing divisions in rate-setting committee
Fed funds rate falls short: Kansas City Fed paper
Kansas City Federal Reserve study says interest rate for reserves may play larger role in Fed’s monetary policy exit plan than fed funds rate
Bank of England - Agents’ summary of business conditions (January 2011)
Bank of England’s January 2011 Agents’ summary of business conditions says severe weather conditions in December had negative impact on household spending
Gbagbo says he has taken control of central bank offices
Former President Laurent Gbagbo's seizes Central Bank of West African States’ Ivory Coast offices in power struggle with President Alassane Ouattara
FASB drops plan to extend mark-to-market rules to loans
US Financial Accounting Standards Board reverses on May 2010 decision to expand fair-value accounting to most loans; commentators welcome move, saying it improves chances of IFRS convergence
Monetary policy impacts credit risk: CEPR paper
Centre for Economic Policy Research study examines impact of monetary policy on bank riskiness
IMF’s Lipsky on measures to stem capital controls
IMF first deputy managing director John Lipsky favours use of macroeconomic policy levers to tackle emerging market capital inflows including capital controls
Reserve Bank of India - Financial Stability Report (December 2010)
Reserve Bank of India December 2010 Financial Stability Report says Indian economy rebound strongly despite measured risks
IMF uneasy on nagging weakness of eurozone’s banks
Fund’s Global Financial Stability Report and World Economic Outlook updates show concern over insufficiency of eurozone stress tests, links between banking and sovereign risks
Central Bank of Turkey - Inflation Report (January 2011)
Central Bank of Turkey January 2011 Inflation Report revises inflation forecast for food prices upward
MPC’s Sentance critical of fellow policymakers’ focus on output gap
Bank of England’s Sentance dismissive of overemphasis on domestic output gap; says global factors must not be neglected as merely short-term disturbances when conducting policy
RBI hikes, saying inflation set to climb
Reserve Bank of India raises key rates by 25 basis points each while lifting baseline inflation projection 150 basis points; points to complex interplay of demand, supply side factors
Iraq’s Al-Shebibi warns foreign assets at risk of confiscation
Central Bank of Iraq governor Sinan al-Shebibi says ruling to place central bank under cabinet supervision risked the central bank losing assets held overseas
Oberthur drops De La Rue bid after increased offer flops
French banknote printer Oberthur Technologies abandons bid for British rival De La Rue following failure of increased offer at 935 pence per share
Safe haven effects caused exchange rate swings: IMF paper
Fund study identifies source of exchange rate volatility during financial crisis
Zambia’s Fundanga optimistic about investment outlook
Bank of Zambia governor Caleb Fundanga says survey results indicate decline in foreign private investment to Zambia; new equity investment prospects more favourable
ECB - Monthly Bulletin (January 2011)
European Central Bank January 2011 Monthly Bulletin says data on bonds indicate rise in inflation expectations
BoJ’s Morimoto on tackling deflation
Bank of Japan Policy Board member Yoshihisa Morimoto says central bank’s second loan disbursement programme would address the root problems in Japan’s economy