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Bernanke on regulation and financial innovation
In the speech 'Regulation and financial innovation' given on 15 May Ben Bernanke of the Federal Reserve said gave his view on the hedge fund debate saying central banks and financial regulators should resist the temptation to devise ad hoc rules for each…
Dallas Fed's Fisher on services in the US economy
In the speech 'The dog that does not bark but packs a big bite: Services in the U.S. economy' given on 14 May Richard Fisher of the Federal Reserve Bank of Dallas said central bankers no longer have the privilege of being able to "mumble on occasion,"…
Al Maraj on key developments in Bahrain
In the speech 'Key developments in Bahrain and the region' given on 8 May Rasheed Mohammed Al Maraj of the Central Bank of Bahrain said collectively, the GCC countries now represent a population of some 35 million and the world's 13th largest economy.
BIS Paper on globalisation and inflation
The BIS Working Paper "Globalisation and inflation: New cross-country evidence on the global determinants of domestic inflation" published 11 May argues that prevailing models of inflation are too "country-centric", in that they fail to take sufficient…
Kansas Fed papers: Nonbanks in payments system
The Federal Reserve Bank of Kansas City has published preliminary papers from the "Nonbanks in the Payments System: Innovation, Competition, and Risk," conference held May 2-4 in Santa Fe, N.M.
IMF's Lipsky on debt defaults
In the speech 'Learning from experience: Debt defaults and lessons from a decade of crises' given on 10 May John Lipsky of the IMF said in the current relatively benign global environment, not many emerging market countries have needed to borrow from the…
Reforms help, says Trichet on eurozone growth
European Central Bank president Jean-Claude Trichet said in an interview with Nikkei Business Magazine published Monday 14 May that the eurozone is benefiting mainly from the cyclical strength of the world economy, but structural reforms also help growth…
Malta and Cyprus looking for euro thumbs up
According to this article published by the Times of Malta on Sunday 13 May, Malta and Cyprus will this week get the go ahead to join the euro next year.
BCV director says reserves will rebound
Jose Felix Rivas Alvarado, director of the Central Bank of Venezuela (BCV), told the official news agency Friday 11 May that although Venezuela's international reserves fell during the last few months, the fall is attributable to specific factors.
Azerbaijan's inflation "likely to slow"
Elman Rustamov, the National Bank of Azerbaijan's board chair, told a press conference Friday 11 May that inflation is likely to slow from its current 16% annual rate.
BI and govt working together on economy
Indonesia's finance minister Sri Mulyani says the government will work with Bank Indonesia to boost the lethargic economy amid criticism that the government is not doing enough to speed up economic growth.
RBA appoints head of domestic markets
The Reserve Bank of Australia announced Monday 14 May that John Broadbent would be appointed as Head of Domestic Markets Department.
France's Noyer on monetary union in Europe
In the speech 'From Maastricht to the present and beyond' given on 16 April Christian Noyer of the Bank of France said monetary union in Europe is well grounded, both on its technical and political pillars.
ECB's TARGET Annual Report 2006
According to the European Central Bank's TARGET Annual Report 2006, TARGET continued to be the backbone of the euro money market in 2006.
It's all down to Bollard to beat NZ's bubble now
According to this article published by The National Business Review on Friday 11 May, politicians have failed to do anything to rein in New Zealand's property boom, leaving it all up to Reserve Bank governor Alan Bollard.
Norway's Gjedrem on the conduct of monetary policy
In the speech 'The conduct of monetary policy' given on 10 May Svein Gjedrem of Norges Bank said the fall in prices for imported goods and services and the increase in export prices have provided the Norwegian economy with an appreciable income boost.
HKMA Quarterly Bulletin, March 2007
The Hong Kong Monetary Authority has published the March 2007 issue of its Quarterly Bulletin. The Bulletin includes the article "Assessment of the euro payment system in Hong Kong". The article assesses Euro CHATS, one of the major clearing and…
New York Fed's Foreign Exchange Operations Report
According to the Federal Reserve Bank of New York's Treasury and Federal Reserve Foreign Exchange Operations quarterly report for January-March 2007, published 3 May, the U.S. monetary authorities did not intervene in the foreign exchange markets during…
Report names likely Fed appointees
US president Bush administration is considering Larry A. Klane as a board member at the Federal Reserve, two people familiar with the matter were quoted as saying by MarketWatch.
NBH minutes show one member wanted rate cut
A single rate-setter on Hungary's 13-member Monetary Council voted in favour of a 25-basis-point rate cut at the MPC's 23 April policy meeting, the minutes published Friday 11 may showed. Changes to the Central bank Act will see a reduction in the number…
Greenspan lays odds of 2-1 against US recession
Following comments earlier in the year that gave financial markets a wobble, former Federal Reserve chairman Alan Greenspan said Friday 11 May the odds are two to one that the US will avoid a recession this year.
Riksbank names new Chief Press Officer
Britta von Schoultz has been appointed the new Chief Press Officer at the Sveriges Riksbank. She will take up her appointment on 4 June 2007.
Riksbank appoints new head of Market Operations
The Executive Board of Sweden's Riksbank decided at its meeting Thursday 10 May to appoint Sophie Degenne as the new head of the Market Operations Department.
Code words not for King, but BoE can improve
According to this article published Thursday 10 May by Reuters, the gloss is starting to come off the Bank of England's reputation for managing interest rate expectations and keeping inflation under control.