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The Fed should have followed the shadows: Poole
The US economy would have performed better during the Great Inflation era if the Federal Reserve had implemented the policy of the Shadow Open Market Committee, new research co-authored by William Poole, a former president of the St Louis Fed, finds.
Mexico's Ortiz to sit on IMF reform committee
Guillermo Ortiz, the governor of the Bank of Mexico, will be the only central bank representative on the International Monetary Fund's governance reform committee.
Riksbank hikes but hints at cuts to come
The Riksbank raised rates to a 12-year high on Thursday but indicated that it was likely to cut borrowing costs more sharply than previously thought next year.
SWF code a "valuable solution": IMF's Lipksy
John Lipsky, the first deputy managing director of the International Monetary Fund, has said that a voluntary code of conduct for sovereign wealth funds, provisionally agreed Tuesday, would help capital flow efficiently and promote global financial…
IMF to loan Georgia $750m
The International Monetary Fund (IMF) looks set to lend Georgia $750m to help rebuild the country in the aftermath of its conflict with Russia.
ECB tweaks collateral requirements
The European Central Bank (ECB) on Thursday acted on fears banks were taking advantage of its collateral rules by applying a haircut of 12% to asset-backed securities.
Mauritius looks to foster banking sector growth
The Bank of Mauritius is committed to continuing its leading role in the development of the country's banking and financial sector, Jameel Khadaroo, a deputy governor of the central bank, has said.
Smaller MPCs rely more on staff views
The use of staff-policy recommendations by central banks' monetary policy committees is negatively related to the size of the rate-setting board, research published by the National Bank of Hungary finds.
Fed funds rate fails to capture policy stance
Eric Rosengren, the president of the Boston Federal Reserve, has noted that the federal funds rate cannot be seen as a fair reflection of the Fed's monetary policy stance in times of stress.
Denmark's Bernstein justifies Roskilde takeover
The National Bank of Denmark opted to bail out Roskilde Bank, the country's eighth largest retail bank, on financial stability fears, Nils Bernstein, the governor of the central bank, said.
Canada holds, says policy appropriately loose
The Bank of Canada on Wednesday kept its key rate at 3% for the second straight vote, deeming rates "appropriately accommodative" given the risks to growth.
Three regional Feds wanted discount rate rise
Directors of three regional Federal Reserves called for a quarter-point increase to the discount rate in July.
RBNZ's regulatory role expanded
Wellington has broadened the supervisory scope of the Reserve Bank of New Zealand, making the central bank responsible for the regulation of non-bank deposit takers.
Argentine central bank funds to cover $6.7bn debt
Argentina's president said Tuesday that the authorities would dip into the central bank's coffers to repay the country's $6.7 billion debt to the so-called Paris Club group of creditor countries.
Central Bank of Madagascar - Annual Report 2007
Madagascar achieved a positive balance of payments for the 12th consecutive year, the Central Bank of Madagascar's latest Annual Report states.
Poor institutions hinder fiscal policy
The quality of nations' institutions impacts the effectiveness of fiscal policy, research published by the Central Bank of Chile finds.
Turkey's Yilmaz on factors influencing food costs
Both supply and demand factors have contributed to the recent surge in food prices, said Durmus Yilmaz, the governor of the Central Bank of Turkey.
BIS - Quarterly Review
Worries about the economic outlook and related uncertainties gained prominence over the summer months, the Bank for International Settlements states in its latest Quarterly Review.
De La Rue's cash-systems arm renamed Talaris
Banknote printer De La Rue's cash-systems operations will be renamed Talaris following completion of the sale of the division to Carlyle, a private equity group.
China eases lending rules to sustain growth
The People's Bank of China said Monday it will make lending more flexible to encourage "stable and relatively fast growth".
Risks from low rates warrant attention: Shirakawa
Central banks must be watchful after a period of low rates, cautioned Masaaki Shirakawa, the governor of the Bank of Japan.
Australia cuts on signs of slower growth ahead
The Reserve Bank of Australia lowered its key rate from a 12-year high on evidence that earlier hikes have succeeded in subduing demand.
I'll stay if asked: SARB's Mboweni
Tito Mboweni, the governor of the South African Reserve Bank, confirmed that he would be willing to serve another term at the central bank, after earlier reports suggested he would leave when his current contract expires next July.
The tasks of the National Bank of Denmark
The National Bank of Denmark has published a report aimed at the general public outlining its main objectives.