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Ageing populations will impact CB policy: Trichet
The real interest rate expected to clear the capital markets in developed economies is likely to decline over the coming decades because of population ageing.
Central Bank of Nicaragua - Annual Report 2006
Nicaragua's economy grew by 3.7% in 2006, despite the poor performance of the agriculture industry. Unemployment fell slightly from 5.6% in November 2005 to 5.2% a year later.
Gono blames business for "traumatic" conditions
Gideon Gono, the governor of the Reserve Bank of Zimbabwe, hit back at claims that the publication of the central bank's mid-year report was delayed because of the woeful state of the country's economy.
No job losses under Bank of Italy branch closure
The Bank of Italy has reassured its employees that it will be making no redundancies, despite closing more than a third of its branches.
Bernanke schedule reveals markets' influence
Details of the diary of Ben Bernanke, the chairman of the Federal Reserve, show the extent to which Wall Street executives, along with money managers and cabinet officials, played a role in his policy about-turn on 17 August.
CSDs sceptical of ECB's settlement plans
Clearstream and Euroclear, Europe's two largest central securities depositories, were sceptical that the European Central Bank's (ECB) plans to build a single settlement platform will deliver the benefits the central bankers promise, Central Bank News…
Ex-BoE supervision head criticises FSA
According to Peter Cooke, a former head of banking supervision at the Bank of England, the Northern Rock crisis revealed the need for a proper "mechanism for crisis management", a greater official focus on liquidity rather than solvency and more…
US needs global payments standards, says industry
Should the US adopt international standards in its domestic payment systems? Surprisingly, "yes" was the overwhelming answer at a packed Sibos, Nick Carver, editor of SPEED, writes from Boston.
SWIFT responds to privacy fears with new EU base
SWIFT will open a Europe-based global processing centre for payments as part of a response to allay concerns over data privacy raised after the United States asked for data on financial transactions by Europeans following the 9/11 attacks.
Slovenia's capital failure
The poor performance of Slovenia's capital markets illustrates the difficulties in developing capital markets in small emerging economies, according to a paper published by the International Monetary Fund.
Interest rates and the economy: the best models
Analysis conducted by the Bank of Canada of six models looking at the relationship between the term structure of interest rates and the macroeconomy, found those following Diebold and Li's work performed the best.
Reserve Bank of New Zealand - 06/07 Annual Report
Alan Bollard, the governor of the Reserve Bank of New Zealand, said that, aside from price stability, the central bank had focused on foreign exchange, banking, financial systems, payment systems and currency.
Albania's Fullani on maintaining stability
Ardian Fullani, the governor of the Bank of Albania, looked to reassure the country's economists and policymakers that the financial system would remain stable.
Serbia holds rates
The National Bank of Serbia decided on Monday to keep its key policy rate at 9.75%.
Czech CB appoints financial stability deputy
Jan Frait has joined the Czech National Bank as deputy executive director of the financial stability and economic research department at the central bank.
Strauss-Kahn appeases emerging states with votes
Dominique Strauss-Kahn, who will become the tenth managing director of the International Monetary Fund (IMF) in November, plans to give developing countries more power at the Fund.
Banks struggle with SEPA set-up
More than half of banks will not be able to comply with the Single Euro Payments Area (SEPA) initiative, which comes into effect in January.
A beginner's guide to the Phillips Curve
The Richmond branch of the Federal Reserve has published an introduction to the Phillips curve, a graph which underpins the relationship between unemployment and inflation.
SA's Mboweni on the importance of communication
The need for good communication to support an effective monetary policy regime has again been underlined by Tito Mboweni, the governor of the South African Reserve Bank.
Central Bank of Montenegro - Annual Report 2005
Montenegro became a good example of a dynamic transitional economy, according to Ljubisa Krgovic, the president of the Central Bank of Montenegro.
We're not out of this yet - Greenspan
Despite a "creep back to normality" in the asset-backed commercial paper and inter-bank markets, Alan Greenspan, the former governor of the Federal Reserve, cautioned that the recent turmoil could have further repercussions.
RBA deputy examines causes of credit expansion
An increase in household borrowing has led to the latest boom in lending lasting longer than previous periods of credit expansion, according to Ric Battelino, the deputy governor of the Reserve Bank of Australia.
Eurozone growth looks to have fallen
Turmoil in the financial markets appears to be having a longer impact on growth in the euro area than previously thought.
Crisis reveals need for better EU oversight - IMF
A lack of regulatory integration is, in part, responsible for the severe impact of the US subprime crisis on financial markets in the eurozone, according to Michael Deppler, head of the International Monetary Fund's (IMF) European department.