Articles by Central Banking Newsdesk
Minneapolis Fed’s Kocherlakota: QE exposes taxpayers to risk
Minneapolis Federal Reserve president Narayana Kocherlakota discusses negative impact of quantitative easing on taxpayers
Atlanta Fed’s Lockhart favours more explicit inflation target
Atlanta Federal Reserve president Dennis Lockhart says more explicit target will better anchor inflation expectations
Central banks back move for more liquid Islamic money markets
International Islamic Liquidity Management Corporation aims to enhance liquidity management by firms in the market for Islamic financial services by issuing Shari'ah-compliant financial instruments
Malaysia and Mauritius strengthen cooperation
Bank Negara Malaysia and the Bank of Mauritius sign a memorandum of understanding to strengthen collaboration in Islamic finance
Bank of Canada downgrades medium term growth forecast
Bank of Canada’s October Monetary Policy Report revises growth forecasts on weaker global outlook
Trichet opposes EU agreement on fiscal sanctions
European Central Bank president Jean-Claude Trichet refuses to give his backing to sanctions for countries that break rules of stability and growth pact; sees sanctions as too soft
Philly Fed queries merits of payday loans
Philadelphia Federal Reserve study discusses costs and benefits of payday loans
Bank: credit demand still weak
Bank of England October Agents' summary of business conditions shows credit conditions continue to remain fragile
RBA’s Ellis: no single best organisational framework for regulation
Reserve Bank of Australia head of financial stability department Luci Ellis says regulators’ organisational structure less important than ability to respond to financial distress
IMF: tax hikes increase success of austerity measures
Fund study shows tax rises in addition to spending cuts help reduce public debts more effectively
Philly Fed promotes Prichard to first vice-president
Philadelphia Fed appoints Blake Prichard to succeed William Stone Jr as first vice president and chief operating officer at central bank
EU to rely on colleges for cross-border resolution
Plans place ‘resolution colleges’ at the fore of attempts to avoid diplomatic wrangling from a cross-border bank's collapse; Barnier keen on harmonisation of insolvency laws but stresses difficulties
King demands collaboration
Bank of England governor Mervyn King says countries must reach collective solution over global imbalances or risk crippling the global economy through protectionist policies
BoJ’s Nishimura favours dual approach to monetary policy
Bank of Japan deputy governor Kiyohiko Nishimura says provision for credit expansions in monetary policy provides degree of flexibility in policy options
RBI: external debts in India rising
Reserve Bank of India Monthly Bulletin shows external debts increased over the second quarter of 2010
IMF: Turkish banks vulnerable to monetary shocks
Fund study shows monetary policy channels in Turkey are severely disrupted when policy is tightened
Norges Bank finds strong oil krone link
Norges Bank study shows strong co-movement between oil prices, krone exchange rate and interest differentials can provide useful benchmark for measuring currency
ADB launches landmark renminbi bond in Hong Kong
Asian Development Bank launches ground-breaking international renminbi bond in Hong Kong; Hong Kong Monetary Authority’s Peter Pang hails likely effects on renminbi trade, settlement
Norway’s global sovereign wealth fund tops Nkr3 trillion
Government Pension Fund Global market value reaches Nkr3 trillion milestone following a weakening krone
Basel Committee sketches regulatory action plan
Basel Committee on Banking Supervision identifies eight issues it is working on as Basel III reform package heads into political sphere
Take more proactive role in macroprudential policy, DSK tells Asia
IMF managing director Dominique Strauss-Kahn says emerging markets should lead by example and complement strong recovery with sound macroprudential policies
CEPR finds bias in fiscal forecasting model
Centre for Economic Policy Research study shows that failure to incorporate changing preferences when modeling fiscal forecasts may create inaccurate predictions
BoE’s Fisher: further QE a possibility
Bank of England rate-setter Paul Fisher says central bank could provide stimulus should conditions warrant it
Bank of Israel: FX intervention successful
Bank of Israel study shows rise in frequency of foreign currency interventions caused depreciation in shekel-dollar exchange rate