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Poor central banks suffer on inflation
Weak central bank finances have a negative impact on the ability of policymakers to effectively react to inflationary pressures, according to new research from the International Monetary Fund.
Mexico looks to squeeze above-target inflation
The Bank of Mexico lifted rates for the second straight month on Friday in a bid to slow inflation which was risen to 5.26% as a result of surging oil and food prices.
Solomon Islands wait on Hou replacement
The delay in appointing a new governor before Rick Houenipwela leaves in August is causing concern at the Central Bank of the Solomon Islands, according to local media reports.
Ghana raises rates to combat record inflation
The Bank of Ghana raised rates by a full percentage point on Monday as spiralling oil and food prices drove inflation to a three-year high of 18.4%.
SNB's Hildebrand backs tough stance on banks
The integrated bank model can be successful even with new and significantly tougher capital and liquidity requirements, said Philip Hildebrand, vice chairman of the Swiss National Bank, in an interview to the Tages-Anzeiger, a Swiss daily.
Sarkozy challenges ECB's accountability
Nicolas Sarkozy, the president of France, is reported to be preparing proposals designed to increase the European Central Bank's (ECB) accountability.
Fed supports minority depository institutions
Randall Kroszner, the governor of the Federal Reserve responsible for supervision, has underscored the central bank's commitment to preserving and supporting minority depository institutions.
Canada constructs core inflation measure
Research published by the Bank of Canada has developed a measure of core inflation for Canada.
Motivation should temper SWF fears
Examining the principal motivation for sovereign wealth funds should allay concerns such as fear of industrial espionage or geopolitical threats, states research by Deutsche Bank.
Rate hikes a risky strategy for bursting bubbles
Sir John Gieve, a deputy governor at the Bank of England, has spoken of two reasons why central bankers should be wary of disciplining financial markets by raising rates.
Banks offer regulatory fix
The banking industry has developed a code of conduct to respond to the flaws highlighted by the global credit crunch.
Lawmakers press for changes to ECB price target
Members of the European Parliament have proposed a series of changes to the European Central Bank's inflation target.
Turkey holds lending rate on liquidity fears
The Central Bank of Turkey continued its rate-tightening run on Thursday by raising borrowing rates by half a point. But volatility in the money markets kept lending rates constant.
Japanese risks balanced, says Shirakawa
Masaaki Shirakawa, the governor of the Bank of Japan, said on Friday that the risks to growth and inflation in Japan were evenly balanced and that the central bank's policy stance was neutral.
Keep wages low, Trichet warns eurozone bosses
Jean-Claude Trichet, the president of the European Central Bank (ECB), has urged euro-area employers to avoid raising wages and prices for services on the back of higher oil and food costs.
Canada - Monetary Policy Report
The Bank of Canada's latest Monetary Policy Report identifies three significant developments affecting the Canadian economy: protracted weakness in the US economy, ongoing turbulence in global financial markets, and sharp increases in certain commodity…
HKMA - Banking Stability Review
The Hong Kong Monetary Authority's (HKMA) Banking Stability Review has found the territory's banking system robust.
We must win public's trust: RBA's Stevens
Glenn Stevens, the governor of the Reserve Bank of Australia, has said that central bankers must contain inflation expectations regardless of whether recent rises in inflation are exogenous or endogenous.
Hawkish Hoenig emphasises need for speed
Thomas Hoenig, the president of the Kansas City Federal Reserve, described the current federal funds rate as accommodative and said that it was important to move from this stance "in a timely fashion".
Berlin calls off note-printer auction
The German government has abandoned plans to sell its federal printing works.
SWFs scaling back dollar holdings, says FT
Sovereign wealth funds are reducing their dollar holdings, the Financial Times has reported.
Swiss monetary framework a model of distinction
The Swiss National Bank's unique monetary policy model has allowed the real economy to escape the worst of the financial turmoil, says the International Monetary Fund (IMF).
SA stats accused of overestimating inflation
South Africa's government statistics bureau is overestimating inflation by more than two percentage points, Investec, an asset management firm, has argued.
Zimbabwean inflation at 2.2m%
Zimbabwe's annual inflation rate has hit 2,200,000%, Gideon Gono, the governor of the country's Reserve Bank, said on Wednesday.