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Multilateral agencies begin Georgia mission
Officials from multilateral agencies landed in Georgia on Monday to begin a 13-day needs-assessment mission.
Philadelphia Fed offers virtual help to homeowners
The Philadelphia Federal Reserve has launched an online resource centre in a bid to help prevent foreclosures and lessen their negative influence on neighbourhoods.
GCC to pick home for regional central bank
Gulf states involved in plans to create a regional central banking hub are to choose a location for the institution next week.
Bank of Jamaica - Annual Report 2007
During 2007, the Bank of Jamaica was confronted with several challenges to price stability, the institution's latest Annual Report states.
RBA's Stevens sees inflation falling
Inflation will remain uncomfortably high until the end of the year but should fall back after, Glenn Stevens, the governor of the Reserve Bank of Australia, has said.
Israel split on rate-hike vote
The Bank of Israel's rate-setting board was split on whether to lift rates in August.
How economic news moves markets
Only a few economic announcements tend to impact markets, research published by the New York Federal Reserve finds.
Slowdown will have scant impact on euro inflation
Poor economic growth in the eurozone is unlikely to bring down inflation, Jurgen Stark, a member of the European Central Bank's (ECB) executive board, has warned.
Fannie, Freddie to cost US $300bn: ex-Fed's Poole
William Poole, a former president of the St Louis Federal Reserve, has said that saving Fannie Mae and Freddie Mac will cost the taxpayer $300 billion.
We may not meet 2009 SEPA deadline, say banks
European Union banks have said that the introduction of a single euro payments system (SEPA) could face delays after the European Commission ruled they would not be able to charge for facilitating cross-border direct-debit payments.
SARB senior staff get inflation-busting pay rise
The South African Reserve Bank has awarded its governor and deputies massive pay rises at a time when inflation is far above the central bank's target band.
Central bankers back Fannie and Freddie takeover
Central bankers worldwide have endorsed the US Treasury's de-facto nationalisation of Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSE) that insure about half of the US's mortgage stock.
Japanese productivity boosted by IT
Since the turn of the millennium, technological progress appears to have raised levels of Japanese productivity, new research published by the country's central bank finds.
We deserve praise: Philippines' Tetangco
Amando Tetangco, the governor of the Central Bank of the Philippines, believes the institution's Monetary Policy Committee has performed well, all things considered.
IMF reviews response to turmoil
International Monetary Fund research analysing the response to the recent credit crunch suggests that central banks should develop common elements in their operational frameworks.
Why less Italian women work
The difficulties involved in reconciling work and family when there are children are among the leading causes of the low female employment rate in Italy, research published by the country's central bank finds.
Rate cut proves RBA wrong: ex-governor Fraser
Bernie Fraser, a former governor of the Reserve Bank of Australia, has said that the central bank's September rate cut confirms it misjudged the economic climate in raising rates earlier this year.
Chile lifts rates to ten-year high
The Central Bank of Chile raised its key rate by half a point for the fourth straight month to 8.25%, its highest level since November 1998.
PBoC in finance ministry talks for capital: report
The People's Bank of China is in talks with the country's finance ministry to shore up its capital base, the New York Times, a newspaper, said Friday.
New RBI governor pledges to fight inflation
Duvvuri Subbarao, who took the helm at the Reserve Bank of India on Friday, has said fighting inflation is his "immediate priority".
Russia did act on rouble fall: Deputy Ulyukaev
Alexey Ulyukaev, a first deputy chairman at the Central Bank of Russia, confirmed Friday that the central bank had intervened to shore up the rouble.
Switzerland won't escape slowdown: Jordan
Thomas Jordan, a member of the Swiss National Bank's governing board, believes the global economic decline is likely to reach Switzerland, albeit with a lag.
SA trade deficit narrows in second quarter
South Africa's trade deficit narrowed from 8.9% of GDP in the first quarter to 7.3% in the three months to June, the country's Reserve Bank reported on Thursday.
Beige Book signals economy remains weak
The latest edition of the Federal Reserve's Beige Book, which charts business conditions in the 12 districts overseen by the regional Feds, indicates the pace of economic activity remains slow across most of the US.