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Another Aussie hike likely as inflation climbs
The Reserve Bank of Australia could well raise rates again after the latest edition of the central bank's monetary policy statement revealed inflation was set to reach 3.25% in the fourth quarter of 2007.
Central banks criticised for communication failure
The world's most powerful central banks were inconsistent in their communication and lacked coordination during the summer's market turmoil, Richard Portes, one of the authors of an influential report on international financial stability, said on Monday.
European central bank response wins plaudits
The reaction of European central banks to the credit crisis gained International Monetary Fund (IMF) approval on Monday.
Small business success vital for US: Mishkin
The health of the United States economy is partly reliant on small businesses still having access to credit on competitive terms, according to Frederic Mishkin, a governor at the Federal Reserve.
West African consolidation boosts debt markets
The creation of the Central Bank of West African States has encouraged high-volume cross-border trading in local currency debt markets within the West African Economic and Monetary Union, IMF research finds
Globalisation loosens banks' grip on inflation
Globalisation not only reduces domestic pressures on inflation but also reduces central banks' ability to control the pace of inflation, argues a research paper published by the International Monetary Fund (IMF).
Central Bank of Kenya - Annual Report 2007
Kenya's economy grew by 6.1% in 2006, and this strong performance was sustained in the first half of 2007.
Ghana's new banking system up-and-running
The Bank of Ghana has gone live with a new banking system that will integrate all of the central bank's core operations.
Korea holds rates at 5%
The Bank of Korea's Monetary Policy Committee decided on Thursday to keep its call rate target at 5%.
Hungary was split on October rate hold
The Central Bank of Hungary's rate-setting board was evenly split on whether to hold or cut rates on 29 October, minutes out on Friday show.
Czech inflation hits six-year high
Czech annual inflation rose to 4% in October - the highest rate in almost six years - figures published on Friday reveal.
China repeats efforts to curb liquidity
The People's Bank of China said on Thursday that it will introduce a raft of further measures to control what it described as the country's "severe" liquidity problem.
Commodity prices warrant close attention: Japan
Central banks need to analyse data on commodity markets in order to more fully understand movements in global financial markets, according to research published by the Bank of Japan.
We can escape capital flight loop: Kenya's Ndung'u
Sub-Saharan African countries can escape the "infinite loop" of external indebtedness, corruption and capital flight, according to Njuguna Ndung'u, the governor of the Central Bank of Kenya.
Italian consumption must recover, says Draghi
Stronger consumer spending is needed for the Italian economy to grow and to stabilise, according to Mario Draghi, the governor of the Bank of Italy.
Central Bank of Cyprus - Annual Report 2006
In 2006, the Central Bank of Cyprus intensified its preparatory work for the adoption of the euro, which will become the country's currency on 1 January 2008.
Sorry mess for Howard over Aussie rate comments
John Howard, the prime minister of Australia, scrambled to clarify what appeared to be an apology for the central bank's decision to hike rates to 6.75%, the first-ever rise during an election campaign.
City wants to keep King
City of London bankers and economists have said they want Mervyn King, the beleaguered governor of the Bank of England, to serve a second term.
ECB rolls over €60 billion-worth of injections
The European Central Bank decided on Thursday to renew the two supplementary longer-term refinancing operations allotted on 23 August and 12 September.
Bank of England holds rates at 5.75%
The Bank of England's rate-setting board voted on Thursday to keep its benchmark bank rate at 5.75%.
Bernanke gives gloomy forecast for US growth
Ben Bernanke, the chairman of the Federal Reserve, said on Thursday that the United States economy would slump in the coming months.
ECB holds rates at 4%
The European Central Bank's (ECB) rate-setting board voted on Thursday to keep rates at 4%, the fifth rate hold in a row.
IMF issues op-risk guidelines
The International Monetary Fund has published guidelines on enhanced market practice and more effective prudential standards for operational risk measurement.
Global interdependence requires caution: Mboweni
The interdependence of the global financial system could mean that financial instability affects countries that are not directly involved in the actions that have led to the volatility, according to Tito Mboweni, the governor of the South African Reserve…