Articles by Central Banking Newsdesk
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
Bank of Italy moves to new balance of payments data regime
Bank of Italy releases first complete series of balance of payments data under new collection system; central bank says improvements will provide more accurate measures of firms’ investment income
West African central bank governor quits
Central Bank of West African States governor Philippe Henri Dacoury-Tabley steps down amid claims he did not cut off funds to beleaguered Ivory Coast president Laurent Gbagbo
De La Rue rejects raised Oberthur bid
De La Rue board passes on new offer from French rival Oberthur Technologies of 935 pence per share, says bid still undervalues firm; US equity house Bain Capital reportedly backing Oberthur’s attempt
ECB’s Bini Smaghi: money matters
European Central Bank executive board member Lorenzo Bini Smaghi stresses importance of monetary aggregates as means to counter both inflation and financial imbalances
Bank of England – Trends in Lending (January 2011)
Bank of England’s January 2011 Trends in Lending survey show lending to business in the UK over the three months to November declined by £5 billion
BoJ paper on Chinese cross-border capital flows
Bank of Japan study examines the impact of greater economic integration on cross-border flows in China; makes recommendations on policy prescriptions
Strong settlement system essential: Mexico’s Carstens
Bank of Mexico governor Agustín Carstens says securities settlement system will contribute to sound financial system
Bank of Japan - Bank Lending Survey (January 2011)
Bank of Japan January 2011 bank lending survey reports little change in demand for loans by businesses
Volcker steps down as economic adviser to Obama
President Obama announces departure of former Fed chair Paul Volcker from Economic Recovery Advisory Board; appoints General Electric's Jeff Immelt as head of new Council on Jobs and Competitiveness
Riksbank’s Öberg to quit at end of this year
Departure to come at the same time as Nyberg’s and Ingves’s departures
Covered bond purchase programme a success: ECB paper
European Central Bank study says Eurosystem’s covered bond purchase was an effective policy tool
Bank of Canada – Monetary Policy Report (January 2011)
Bank of Canada January Monetary Policy Report expects export-led recovery to gain momentum in 2011
Richmond Fed’s Lacker on economic outlook for 2011
Richmond Federal Reserve president Jeffrey Lacker says recovery has emerged from soft patch and will grow above trend in 2011
FDIC’s Bair calls for reform of mortgage servicing model
Federal Deposit Insurance Corporation chair Sheila Bair says reform of mortgage servicing business model needed in order to realign mortgage servicers’ incentives when managing mortgage payments