Central Banking staff
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Bank of Canada restructures to enhance stability
The Bank of Canada on Monday reorganised its senior management structure to better safeguard stability and improve its research capability.
US banks clamp down on loan standards
American businesses are facing ever-more stringent loan conditions from most US lenders tightening standards on the back of the poor economic outlook, Federal Reserve data indicates.
RBA slashes rates to five-year low
The Reserve Bank of Australia on Tuesday shocked markets with a sharper-than-expected rate cut of 75 basis points.
SARB "distinctly dovish" in latest policy review
South African Reserve Bank on Tuesday adopted a dovish tone in its latest Monetary Policy Review, saying inflation was likely to fall sharply towards the 3%-6% target range in the new year.
Korea asks China for dollar-swap deal
The Bank of Korea on Tuesday confirmed that it had asked the People's Bank of China for a dollar-swap line after reports emerged on the proposed facility.
Inflation targets flexible and resilient
Inflation targeting has proved fairly flexible and resilient, research from the Boston Federal Reserve states.
Turkey explains October hold
The Central Bank of Turkey's rate-setting committee in October decided to keep rates on hold as the intensification of the financial turmoil called for a cautious approach, the minutes of the meeting reveal.
Policymakers added to volatility: Fed's Lacker
Shifts in expectations regarding the chances of official intervention may have made financial markets more volatile, said Jeffrey Lacker, the president of the Richmond Federal Reserve.
Family size related to wealth: St Louis Fed
Richer people tend to have more children, new research from the St Louis Federal Reserve finds.
We will need counter-cyclical rules: King
Mervyn King, the governor of the Bank of England, indicated on Monday that Britain could push ahead in implementing its own counter-cyclical capital requirements to prevent another subprime debacle.
Oil price plunge prompts Iraqi cut
The Central Bank of Iraq has cut its benchmark rate by a full percentage point to 15% days after the governor warned that the dismal global outlook and the slump in oil prices could drag the country into recession.
India acts on stability fears
The Reserve Bank of India has cut rates for the second time in a fortnight and introduced a raft of liquidity measures to shore up financial stability.
Ex-PBoC deputy questions policy after Beijing cut
Wu Xiaoling, a former deputy governor at the People's Bank of China, has said the central bank should not loosen monetary policy further after the institution cut rates and relaxed loan conditions last week.
EU says eurozone in recession
A European Central Bank (ECB) rate cut on Thursday - already a strong possibility - now looks a near certainty after the European Commission said the eurozone was likely in recession and predicted the economy would stagnate in the coming years.
Czech currency protects economy - CNB's Singer
The Czech koruna cossets the economy from financial turmoil elsewhere, said Miroslav Singer, a vice governor of the Czech National Bank.
Lira's decline won't trigger inflation
The recent depreciation of the Turkish lira will be largely offset by the disinflationary impact of the fall in food and energy prices and weakening domestic demand, states the latest Inflation Report of the Central Bank of Turkey.
Credit-growth targeting improves policy
Integrating credit growth into monetary policy improves performance, finds a new paper for the European Central Bank.
Bernanke: we must support mortgage securitisation
The government has a role in supporting mortgage securitisation during periods of high financial stress, said Ben Bernanke, the chairman of the Federal Reserve.
Mauritius cuts after special meeting
The Bank of Mauritius has cut its benchmark interest rate by 50 basis points to 7.75% during a specially convened meeting on Friday.
Blanchflower: I told you so on rate cut
David Blanchflower, an external member of the Bank of England's Monetary Policy Committee (MPC), criticised his fellow committee members for not taking a forward-looking approach, which meant rates had stayed too high too long.
Fed hikes cheque processing costs by 41%
In a bid to encourage the move to electronic processing of cheques, the Federal Reserve will increase its charges for the processing of paper by 41% in 2009.
Interbank rates improve
Beyond the gyrations of the stock markets, there were continued signs that conditions in the interbank markets were on the mend.
Banks' social role key to new rules: ex-FSA head
The revision of the social contract between banks and government should be central to the debate about how to legislate against future crises, Britain's former chief regulator has said.
Bank of Japan split on rate cut
Bank of Japan policymakers were divided in making the first cut in more than seven years on Friday. The central bank lowered its overnight lending rate from 0.5% to 0.3% due to a "severe" adjustment in the world economy.