Articles by Central Banking Newsdesk
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
Yilmaz: Turkish economy booming
Central Bank of the Republic of Turkey governor Durmuş Yilmaz says growth in Turkey outpaced most emerging markets in second quarter
Bank of Finland shuffles board members’ remits
Bank of Finland distributes Sinikka Salo’s responsibilities; parliamentary overseer wants board to run with three members
Ex-Bank MPC’s Kate Barker joins equity firm board
Former Bank of England Monetary Policy Committee member Kate Barker named non-executive director at Electra Private Equity
US Treasury stalls on decision to name China ‘manipulator’
US Treasury says it will delay publication of report on exchange rates until after G20 gathering in Seoul
ECB’s Bini Smaghi: vital to acknowledge structural flaws
European Central Bank executive board member Lorenzo Bini Smaghi says politicians risk underestimating the need for structural reform
Malaysia’s Ibrahim: bank cooperation key to regulatory reforms
Bank Negara Malaysia’s Muhammad bin Ibrahim says successful implementation of regulatory reforms requires cooperation with banks
Riksbank’s Wickman-Parak: crisis days are over
Riksbank deputy governor Wickman-Parak says central bank can return to conventional monetary policy following convincing economic recovery
Riskier investment strategy rewards GIC
Government of Singapore Investment Corporation Annual Report reports rise in portfolio returns after investment in riskier assets
Basel Committee releases proposals for pay
Basel Committee on Banking Supervision releases guidelines on methodology for compensation practices; says proposals seek to more closely align risk and performance at financial institutions
Academics embark on €1.8m project to predict crises
European Union-funded project will see economists, computer scientists and physicists cooperate in bid to improve financial forecasting
FOMC minutes discuss QE options
Federal Open Market Committee meeting’s minutes discuss possibility of further investment in long-term Treasury securities
IMF: currency crises studies inaccurate
Fund research finds earlier studies on currency crises fail to identify volatile market fundamentals
Pakistan’s Shehzad: corruption burdens banking sector
State Bank of Pakistan deputy governor Muhammad Shehzad discusses central bank’s campaign against corruption
Central banks should not get accustomed to QE: France’s Noyer
Banque de France governor Christian Noyer says central bank intervention was essential during crisis but should not be perceived as regular practice
Oversight panel blasts Tarp’s contracting standards
Congressional Oversight Panel condemns US Treasury’s governance standards in outsourcing Troubled Asset Relief Programme work to private firms, Fannie Mae and Freddie Mac
Sentance: Bank risks losing credibility if rates remain on hold
Bank of England external MPC member Andrew Sentance says central bank risks being seen as not taking its inflation-fighting remit seriously if it does not begin to raise rates
Bank Negara Malaysia - Monetary and Financial Developments
Malaysian central bank’s August Monetary and Financial Developments report shows inflation of 2.1%
NY Fed’s Dudley backs Basel III
New York Federal Reserve president William Dudley says Basel III will capture risk better than pre-crisis standards
RBI’s Subbarao: trade between EMEs’ should be exploited
Reserve Bank of India governor Duvvuri Subbarao says developing world can secure prosperity by focusing on trade with other emerging markets
IMF on luck and labour markets
Evidence from cricket shows a good first job has persistent positive impact on long-term career outcome, Fund study says