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New Zealand softens stance
The Reserve Bank of New Zealand kept rates on hold for the eighth-straight month on Thursday but signalled it may cut in the second half of 2008.
Trinidad's Williams: prepare for inflation wave
Trinidadian inflation is set to surpass the 10% mark in the coming months, Ewart Williams, the governor of the central bank, warned.
ECB Annual Report 2007
The third enlargement of the euro area, which took place on 1 January 2008 when Cyprus and Malta adopted the single currency, occurred in a smooth and efficient manner, Jean-Claude Trichet, the president of the central bank said in his introduction to…
Don't shun Asia: Singapore deputy
Investors have to take a longer term view and continue to chase opportunities in Asia in spite of the subprime crisis in the United States denting confidence, Lim Hng Kiang, the deputy chairman of the Monetary Authority of Singapore, said.
Ireland's Hurley confident on outlook for 2008
The Irish economy and its banking sector will continue to demonstrate their strength against the background of a challenging international environment this year, John Hurley, the governor of the Central Bank & Financial Services Authority of Ireland,…
Are US exchanges too tough on Canadian firms?
Canadian firms are more likely than most to be involuntarily de-listed from a major US exchange, research published by the Bank of Canada shows.
Australian inflation hits seven-year high
Australian inflation soared to its highest level since June 2001, raising expectations that the country's Reserve Bank will be forced to hike rates again next month.
Three-way split underlines Bank's dilemma
The Bank of England's April vote saw members of the Monetary Policy Committee (MPC) backing three separate options for the first time since May 2006, minutes of the meeting published on Wednesday reveal.
Banque de France posts record profit
The Banque de France's profit surged to a record high of €2.32 billion ($3.69 billion) last year.
SA inflation surpasses 10% mark
South African inflation surged to its highest level since December 2002 last month, heightening the need for the country's central bank to act against political opposition and raise rates further.
Three signs of financial vulnerability
New research published by the International Monetary Fund has highlighted three factors which can exacerbate emerging and developing economies' vulnerability to financial crises.
ECB comments push euro to fresh high
The euro surpassed the $1.60 mark for the first time in its history after European Central Bank (ECB) officials said they would act to contain rising inflation.
Research uncovers predictors of financial stress
A combination of credit and asset price variables can serve to predict financial stress, research published by the Bank of Canada finds.
BoE must remain focused on inflation
Monetary policy in the UK ought to remain focused on achieving price stability as defined by the inflation target, Tim Besley, a member of the Bank of England's rate-setting committee, has said.
Does good governance improve performance?
Research published by the Philadelphia Federal Reserve finds no statistically significant relationship between a central bank's organisational structure and its performance.
Greek outlook worsens on central bank revisions
The Bank of Greece has downgraded its growth forecast and heightened its inflation estimate for 2008.
Ukraine raises rate 200 basis points on price fear
The National Bank of Ukraine hiked its discount rate from 10% to 12% on Monday in a bid to temper inflation.
Papua New Guinea issues new notes for anniversary
The Bank of Papua New Guinea has introduced two new polymer banknotes to commemorate 33 years of the Kina and Toea currencies.
Canada cuts rates half a point
The Bank of Canada lowered rates to 3% on Tuesday, a move in line with market expectations.
RBI deputy on financial sector consolidation
An increasing number of India's private sector banks are now deciding to merge with one another, Shri Leedladhar, a deputy governor at the Reserve Bank of India, noted.
Turkish inflation to exceed target this year
Turkish inflation is likely to be above the central bank's 4% target in 2008 unless there is a drastic slowdown in agflation.
Bourse trends in Russia and China investigated
Russian stock markets have become more integrated with global exchanges in the past decade than their Chinese counterparts, research published by the Bank of Finland finds.
Fed's Plosser on the benefits of education
Education is critical to the long-run well-being of our economy and everyone who participates in it, said Charles Plosser, the president of the Philadelphia Federal Reserve.
Mexico holds rates at 7.5%
The Bank of Mexico kept its benchmark one-day interbank rate at 7.5% for the sixth-straight month despite expectations that the US slowdown would impact Mexican growth.