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Fed looks to boost lending by financing loans
The Federal Reserve on Tuesday looked to bolster bank lending by pledging to lend up to $200 billion against highly-rated securities backed by new consumer and business loans.
We'll make the banks lend: King
Mervyn King, the governor of the Bank of England, on Tuesday indicated that the British authorities would take drastic action if banks continued to curtail lending.
ECB cut "appropriate" - Belgium's Quaden
Guy Quaden, the governor of the National Bank of Belgium, has deemed the European Central Bank's half-point cut on 8 October appropriate.
Bermuda Monetary Authority - Annual Report 2007
Last year saw the Bermuda Monetary Authority introduce a new enterprise risk management framework, the institution notes in its latest Annual Report.
Sepa report: progress made, but more to be done
The European Central Bank has said it welcomes the evident progress made on the Single Euro Payments Area (Sepa) project, but has noted that work urgently needs to be done.
Variety is key to forecasting bank rate
A range of financial instruments are needed to accurately measure expectations of future Bank of England policy rates, research by the Bank finds.
Malaysia acts on signs of slowdown
Bank Negara Malaysia on Monday cut its key rate after keeping borrowing costs on hold for more than two and a half years.
Saudi cuts rates, boosts liquidity
The Saudi Arabian Monetary Agency made a fresh bid to boost the health of its ailing banking industry on Sunday.
US authorities shore up Citi
Washington will invest $20 billion and insure up to $306 billion-worth of distressed assets in a bid to shore up confidence in Citi, the world's biggest bank.
Fed's Warsh mooted as Geithner's successor
Kevin Warsh, a governor of the Federal Reserve, has been tipped to succeed Tim Geithner at the helm of the New York Fed.
Bank of Canada - Autumn Review
The Autumn issue of the Bank of Canada Review examines how structural factors and developments affect the economic performance of an advanced economy such as Canada.
The US deficit and the weak dollar puzzle
A paper from the International Monetary Fund investigates how the US current account deficit could remain large despite the depreciation of the dollar.
BoE's Gieve: further reductions required
Further reductions in bank rate may be necessary, said Sir John Gieve, the deputy governor responsible for financial stability at the Bank of England.
Denmark's Thomsen on the rise in debt issuance
Higher debt issuance from sovereign issuers is to be expected, Jens Thomsen, a member of the board of governors of the National Bank of Denmark, has said.
SNB's Heller to head Basel payments committee
Daniel Heller, the head of the Swiss National Bank's financial stability and oversight section, will take over from Denis Beau, a deputy director general of Banque de France's economics and international relations department, as head of the secretariat…
Japan holds, warns recovery to "take some time"
The Bank of Japan left rates on hold at 0.3% on Friday and warned that the country's ailing economy was unlikely to recover soon.
Caruana gets top job at BIS
Jaime Caruana, the director of the International Monetary Fund's (IMF) monetary and capital markets department, will succeed Malcolm Knight as general manager of the Bank for International Settlements (BIS).
Price plunge won't herald deflation: ECB's Mersch
Though a fall in the price index at some point in 2009 is likely, such a slump should not be seen as a harbinger of deflation, Yves Mersch, the governor of the Central Bank of Luxembourg and a member of the European Central Bank's (ECB) Governing Council…
Fed's Bullard sounds knell on rate moves
With the effective federal funds rate trailing the Fed's target by more than 60 basis points and interbank spreads for longer-term loans remaining well above pre-crisis levels, one of the regional Federal Reserve presidents has acknowledged further rate…
EU regulators must work together: Swedish deputy
Barbro Wickman-Parak, a deputy director at the Riksbank, has said that the European Union (EU) organisations for supervision and crisis management need to be better coordinated.
Incentives needed for e-payment transition
Consumers and merchants need incentives to move from paper-based to electronic payment instruments, said Jan Qvigstad, the deputy governor of Norges Bank.
Rules must match lenience of lending: Fed's Lacker
A critical policy challenge in the aftermath of the credit crisis will be to re-establish the boundaries of central bank lending, said Jeffrey Lacker, the president of the Richmond Federal Reserve.
UK houses price to fall: Fed
House prices in the United Kingdom will fall considerably in the near- to medium-term, finds a new paper from the Federal Reserve Board.
Croatia counters liquidity tensions
The Croatian National Bank on Thursday cut its reserve requirement by three basis points in a bid to ease liquidity strains.