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No need for currency intervention - Dodge
The governor of the Bank of Canada says there is no justification for active market intervention by the central bank to sway the recent strengthening of the Canadian dollar.
New head for Boston Fed
Eric Rosengren will become president and chief executive officer of the Federal Reserve Bank of Boston on 23 July. He will succeed Cathy Minehan who retires after 13 years as president of the Boston Fed, and nearly 40 years of service in the Federal…
ECB's Papademos: globalisation and monetary policy
Globalisation has not made monetary policy less effective in containing inflation, Lucas Papademos, vice president of the European Central Bank argued, during a speech he made on 11 June.
Constructing a sovereign balance sheet
In this article two IMF economists discuss a "new tool in surveillance, the public sector balance sheet, [which] can help diagnose vulnerabilities that are not immediately visible in the budget."
Give Asia its due - Zeti
Malaysia's central bank governor, Zeti Akhtar Aziz, says Asia's increasing role in the global economy underlines the case for the continent being proportionately represented in the international financial community.
IMF: Turkish CB independence essential for IT
The independence of Turkey's central bank is essential for the success of inflation targeting, the IMF said in its 2007 article 4 report.
FSA warns on private equity
The British Financial Services Authority (FSA) has voiced concerns over the "excessive level" of debt private equity firms use to buy out public companies.
Bond yields tighten on rate fears
The world's leading bond markets continued to tighten on 13 June, with benchmark yields reaching multi-year highs as the market responds to the threat of rising interest rates from central banks around the world.
Thailand CB hunts ex-PM's missing money
The governor of the Bank of Thailand, Tarisa Watanagase, says the central bank is currently investigating what happened to the money recently withdrawn from the accounts of disposed prime minister, Thaksin Shinawatra. The governor believes the money has…
Conservatives want one-term limit for BoE governor
Britain's opposition Conservative Party is considering a one-term limit for the governor of the Bank of England, a policy that would mark the biggest change in the framework for monetary policy since the bank was made independent in 1997.
Ireland's Hurley on monetary policy
Ireland has benefited from the euro, explained John Hurley, the governor of the Central Bank of Ireland, but challenges remain in dealing with rising credit growth and housing prices.
Swiss National Bank - Annual Report 2006
With almost one-third of its assets in gold, 2006 was another strong year for the Swiss National Bank, as the 99th annual report details.
Fed's Hoenig on recent economic developments
US economic conditions will improve in the coming months, said an optimistic Tom Hoenig, CEO of the Kansas City Fed.
Prospects for India's economy - Reddy
The Reserve Bank of India will try contain inflation at close to 5%, said Dr Y.V. Reddy, the central bank's governor, in a speech in Chile.
Bank of Israel should oversee bank fees - Knesset
The final report of the Knesset's committee looking into banking fees recommended that control of banking fees be transferred to the central bank.
Williams gets second term as T&T governor
The Central Bank of Trinidad & Tobago reappointed Ewart Williams for a second five-year stint as governor a month before his contract was due to run out.
King warns on inflationary pressures
Mervyn King served notice that rates may have to rise even though the Bank of England sees inflation as likely to drop back this year from March's breach of the 3% target.
Trichet says monetary policy still accommodative
Speaking to the European parliament on Monday, Jean-Claude Trichet, the president of the ECB, said monetary policy was accommodative even after the recent quarter-point rate rise.
NZ dollar falls after central bank sales
New Zealand's dollar fell against the US dollar and yen as the Reserve Bank of New Zealand intervened to sell the kiwi.
Trichet's verdict on euro hopefuls
Speaking at a press conference after the ECB's rate rise last week, Jean-Claude Trichet, gave his assessment of countries striving to join the euro.
PBoC issues rules to combat terrorist financing
China's central bank has set out new rules for the finance industry designed to combat the movement of money suspected of being used for terrorist purposes.
Iraqi central banker dies in ambush
A senior official from Iraq's central bank died after his car was ambushed by gunmen in Mosul on Monday.
Three new directors for the Bank of Canada
Jim Flaherty, Canada's minister of finance, named three new directors for the central bank's board.
BIS Quarterly Review, June 2007
Published on June 11, the Bank of International Settlements' Quarterly Review features articles on the bond market term premium, statistics on payments, recent episodes of credit card distress in Asia, and liquidity in the Brazilian government bond…