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Peru hikes for 4th-straight month, hints more to c
The Central Bank of Peru on Thursday raised its key rate for the seventh time in 12 months, warning that it would continue to use policy to tame inflation that is now more than triple the central bank's target.
China using reserves for political gain - report
China's State Administration of Foreign Exchange appears to have used its reserve stockpile, the largest in the world, to influence diplomatic relations between Costa Rica and Taiwan.
BoE's Tucker highlights inflation risk
The news on the British economy has got worse and inflation now looks more likely to fall sharply in 2009, but Paul Tucker, the executive director responsible for markets at the Bank of England, signalled Friday that the Monetary Policy Committee (MPC)…
We saw crunch looming, says Canada's Dodge
David Dodge, a former governor of the Bank of Canada, has said that central bankers knew that "ridiculous" mortgage-backed securities would precipitate a credit crunch.
China fund involved in Lehman bid - report
China Investment Corporation (CIC), Beijing's sovereign wealth fund, is said to be involved in a possible bid for Lehman Brothers, a beleaguered US bank.
Qatar Central Bank - Annual Report 2007
Qatar's state budget realised a surplus for the seventh-straight year in 2006, the central bank's latest Annual Report reveals.
Silicon Valley typical of US R&D geography
Research and development (R&D) activity in the US tends to be heavily geographically concentrated, a paper published by the Philadelphia Federal Reserve finds.
ECB's Papademos on the EU's and China's challenges
Lucas Papademos, the vice president of the European Central Bank, has outlined the common challenges and domestic concerns faced by policymakers in China and the European Union.
Stability role necessitates new policy instruments
Central bankers should be given an additional policy instrument if they are asked to ensure financial stability, said Hans Genberg, the executive director responsible for research at the Hong Kong Monetary Authority.
Brazil hikes but hints tightening may moderate
The Central Bank of Brazil raised its key rate by 75 basis points for the second-straight vote on Wednesday, but looks likely to back smaller hikes in the coming months.
Congress to hold hearing to "stay on top" of SWFs
A US Congressman has called a hearing to examine the impact of sovereign wealth funds' purchases of stakes in some of Wall Street's finest.
New Zealand cuts by half a point
The Reserve Bank of New Zealand on Thursday cut rates by half a point for the first time in almost seven years on evidence the country's economy was now in recession.
King confirms continued support for banks
Mervyn King, the governor of the Bank of England, assured the City of London's beleaguered banks that he would continue to allow them access to funds after the Special Liquidity Scheme closes next month.
Zimbabwe permits shops to deal in foreign money
The Reserve Bank of Zimbabwe on Thursday authorised a small number of the country's businesses to sell goods for foreign currency.
Central Bank of Honduras - Annual Report 2007
The Central Bank of Honduras raised rates four times last year to combat a surge in inflation, the institution's latest Annual Report states.
Finland chronicles rise of financial education
New research published by the Bank of Finland charts the humble beginnings and rapid development of financial research in the Nordic country.
ECB's Trichet on information-sharing's importance
Jean-Claude Trichet, the president of the European Central Bank, believes it essential for central banks to share pertinent information about their domestic economies with their peers.
Core inflation a better signal of price trends
The relationship between headline and core inflation has changed significantly over time, research published by the Federal Reserve finds.
BoE deputy's outlook gloomy for UK economy
Sir John Gieve, a deputy governor at the Bank of England, has warned that growth will slow and inflation surge in the coming months.
China inflation slumps for fourth-straight month
Chinese annual inflation plummeted by almost one-and-a-half percentage points last month to 4.9%.
Indian growth still on track: RBI's Subbarao
Duvvuri Subbarao, the new governor of the Reserve Bank of India, has said that the country's economy will continue to expand at a rapid rate despite growth recently dipping to a three-year low.
Central banks must abandon finance sector: Rogoff
Kenneth Rogoff, a former chief economist at the International Monetary Fund, has urged central banks to stop supporting their beleaguered finance industries.
Come together, says ECB's Gonzalez-Paramo
Jose Manuel Gonzalez-Paramo, a member of the ECB's executive board, on Tuesday urged central banks to collaborate more closely in providing liquidity and stability to global financial markets.
Central Bank of Aruba - Annual Report 2007
An influx of tourists from Venezuela boosted Aruba's economy in 2007, the latest Annual Report from the country's central bank reveals.