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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.
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.