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Tussle forces Tokyo to drop Ikeo nomination
Japan's ruling party will abandon its bid to appoint Kazuhito Ikeo to the Bank of Japan's rate-setting council after the opposition said it would no longer support the move.
India acts on double-digit inflation
The Reserve Bank of India on Tuesday made its second emergency rate increase this month, raising borrowing costs by half a point after inflation reached a 13-year high last week.
OeNB - Annual Report 2007
Austrian banks were only marginally affected by the US subprime crisis, the country's central bank states in its latest Annual Report.
San Francisco Fed - Annual Report 2007
The San Francisco Federal Reserve in 2007 launched an initiative to help homeowners in hard-hit communities to avoid foreclosure, the institution states in its latest Annual Report.
RBI's Reddy on India's fiscal deficit
India must reduce its fiscal deficit but this must not limit the government's ability to promote inclusive growth, Y.V. Reddy, the governor of the country's Reserve Bank, believes.
Interbank tensions remain: SNB's Jordan
Money markets are still exhibiting signs of stress despite clear signs of a return to calm, Thomas Jordan, a member of the Swiss National Bank's governing board, noted.
BoJ Americas chief to take director-general role
Tadashi Nunami, the general manager for the Americas and chief representative at the Bank of Japan's New York office, will replace Toshio Idesawa as director-general of the central bank's international department.
Fed should hold rates: IMF
The International Monetary Fund said on Friday that the Federal Reserve should keep rates at 2%.
Hungary surprises markets with rate hold
The National Bank of Hungary confounded expectations by opting to keep rates at 8.5%.
Friends of Gieve defend departing deputy
Friends of Sir John Gieve, the deputy governor responsible for financial stability at the Bank of England who announced his decision to step down last week, have rebutted claims that he was culpable for the run on Northern Rock.
RBI will act to curb double-digit inflation: Reddy
Y.V. Reddy, the governor of the Reserve Bank of India, indicated on Monday that the central bank would move to counter inflation, now at a 13-year high.
Boston Federal Reserve - Annual Report 2007
The Boston Federal Reserve focused on researching the problems stemming from subprime mortgages in 2007, the institution's latest Annual Report states.
BoE's Gieve on economic cycles
Sir John Gieve, the deputy governor at the Bank of England responsible for financial stability, on Thursday night made his first speech since announcing he would step down.
BoJ publishes rate-meeting minutes
Some members of the Bank of Japan's Monetary Policy Council suggested the institution should communicate that it always pays close attention to both economic and price developments, minutes of the May rate-setting meeting reveal.
Policy should encourage card payments: Riksbank
Swedish consumers over-use cash and under-use cards from a social perspective because their choice of payment instrument is based on private incentives, research by the Riksbank finds.
Sri Lanka holds despite record-high inflation
The Central Bank of Sri Lanka left rates unchanged at 10.5% for the fourth-straight month on Friday to support growth in spite of rampant inflation.
Mexico shocks markets with rate rise
The Bank of Mexico opted to unexpectedly raise rates a quarter point and revise its projections for inflation upwards.
Canada's Carney justifies surprise hold
The Bank of Canada decided to leave rates on hold earlier this month, rather than cutting as expected, after upside risks to the inflation outlook emerged.
BIS chief to leave early
Malcolm Knight, the general manager and chief executive of the Bank for International Settlements (BIS), will step down in September, nine months before the end of his term.