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Brazil's Lula defends central bank's independence
Luiz Inacio Lula da Silva, the president of Brazil, has underlined his support for the central bank's autonomy after the institution decided last week to make its biggest rate hike in more than five years.
Obama praises Bernanke
Barack Obama, the Democratic candidate for the US presidency, has commended Ben Bernanke, the chairman of the Federal Reserve, for his response to the recent economic upheaval.
Israel continues to hike despite inflation dip
The Bank of Israel will raise its benchmark rate to 4% in August in spite of signs price pressures are easing.
Research suggests Sarkozy's ECB ire unjustified
Though it is unlikely to placate Nicolas Sarkozy, France's president, new research has found the European Central Bank (ECB) is more transparent than the national central banks of the eurozone members were before the introduction of the euro.
Fed's Mishkin proposes communications changes
Frederic Mishkin, an outgoing governor of the Federal Reserve, believes the central bank needs to make a raft of improvements to its communication policy.
What makes T-bond prices jump?
Price jumps in US Treasury bonds occur mostly during prescheduled macroeconomic announcements or events, finds a new paper from the Bank of Canada.
Barbados feels the crunch
In the first half of the year, Barbados's economy suffered under the weight of high oil and commodity prices and the slowing global economy, reports the Central Bank of Barbados in its economic review.
Turkey adjusts inflation forecast
Significant increases in the prices of oil and food led to an upward revision in the inflation forecast and mean further monetary tightening will be needed, according to the latest inflation report from the Central Bank of the Republic of Turkey.
Inflation too high - Fed's Plosser
Inflation is already too high and inconsistent with the Federal Reserve's goal of price stability, said Charles Plosser, the president of the Federal Reserve Bank of Philadelphia.
ECB's Liebscher: we could hike again
Klaus Liebscher, the governor of the National Bank of Austria and a member of the European Central Bank's (ECB) rate-setting council, said rates could rise again in the coming months.
Japanese inflation spikes to 1.9%
Annual core inflation in Japan soared by almost half a point in the year to June to 1.9%, up from 1.5% the previous month.
Zimbabwe plans reforms to ease consumers' plight
The Reserve Bank of Zimbabwe is to publish plans aimed at alleviating the impact of hyperinflation on consumers, Gideon Gono, the governor of the central bank, said on Thursday.
Discount window borrowing hits fresh high
US commercial banks borrowed an average of $16.8 billion per day from the regional Federal Reserves' discount windows in the week to Wednesday, the highest-ever amount.
Fed and SEC vie to regulate investment banks
The heads of Securities and Exchange Commission and the New York Federal Reserve made the case for their institution to supervise investment banks before US lawmakers.
BoJ series on Japan's economic trends
The Institute for Monetary and Economic Studies at the Bank of Japan has published a series of discussion papers covering a host of domestic economic and financial issues.
EU needs more crisis coordination
European Union financial regulators need to improve crisis prevention and management, and their supervisory structures, says research from Deutsche Bank.
Some preconditions for inflation targeting
The main macroeconomic preconditions for adopting an inflation-targeting regime are high levels of financial development, GDP per person and trade openness, finds a new paper from the Central Bank of Chile.
BoE's Bean on the inflation threat
Charles Bean, a deputy governor at the Bank of England, has explained how the Bank is trying to balance upside and downside risks to inflation against each other.
Enforcement, collateralised debt and the economy
Collateralised debt has been shown to impact business cycle fluctuations, but to what extent is this affected by the efficiency of debt enforcement? A new paper from the Bank of Canada investigates.
US main target for petrodollar recycling
The United States continue to be the main recipient of oil-related financial funds from Gulf countries, according to a new research from the European Central Bank.
Beige Book: US growth deteriorating
The Federal Reserve's Beige Book, which reports economic trends from the regional Feds, reveals a slowdown in growth compared to June.
Draghi on Italy's improving finances
Italy's public finances continued to improve in 2007, allowing for the excessive deficit procedure started by the European Commission in 2005 to be stopped, said Mario Draghi, the governor of the Bank of Italy.
Brazil shocks markets with rate spike
The Central Bank of Brazil on Wednesday confounded analysts' expectations, opting to increase its benchmark Selic rate by 75, not 50, basis points.
Singapore enhances liquidity management
The Monetary Authority of Singapore (MAS) is to allow more banks to borrow from its standing facility in a bid to improve liquidity management in the banking system.