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Fed's Kroszner on the future of payments
In the speech 'The future of payments: Challenges and opportunities' given on 10 May Randall Kroszner of the Federal Reserve said the rapid switch by consumers and businesses to electronic banking poses a new tradeoff between security and convenience.
Fukui on the outlook for Japan's economy
In the speech 'The outlook for Japan's economy and the conduct of monetary policy' given on 10 May Toshihiko Fukui of the Bank of Japan said the Bank will continue to explain carefully to the public its assessment of economic activity and prices and its…
PBOC says credit growth still too high
The People's Bank of China said in its first quarter monetary policy report, published Thursday 10 May, that credit growth remains too high and it needs to maintain a reasonable level of expansion.
Interview with Paul de Grauwe
In an interview with EurActiv, published Thursday 10 May, Paul de Grauwe warns that "ill-founded" and "dangerous" criticism of the European Central Bank by newly elected French president Nicolas Sarkozy could threaten monetary union.
Fed hold rates but concerned on inflation
The Federal Reserve left US interest rates unchanged Wednesday 9 May and acknowledged that the economy is slowing.
BoJ's Fukui says low rates for too long will hurt
Bank of Japan governor Toshihiko Fukui told a seminar in Tokyo Thursday 10 May that interest rates need to rise gradually despite Japanese prices responding slowly to strong global demand.
Trichet signals June rate rise with 'vigilance'
European Central Bank president Jean-Claude Trichet told the ECB's press conference Thursday 10 May that ``strong vigilance'' is required to contain inflation. A hint that interest rates will rise at the next meeting.
FOMC can stick again unless data changes
Without changes in economic data, the Federal Open Market Committee can leave US interest rates alone next month too, and may as well issue the same statement too, says John Berry of Bloomberg in this article published Thursday 10 May.
Bergo on stabilization & commodity wealth funds
In the speech 'Best practice in structuring stabilization and commodity wealth funds' given on 8 May Jarle Bergo of Norges Bank said the Government Pension Fund and our fiscal guideline have helped us to avoid the common pitfalls in resource rich…
IMF Paper: Global imbalances & financial stability
This IMF Working Paper discusses two opposing views on global imbalances: The "traditional view", which regards the imbalances as a threat to global economic and financial stability, and the "new paradigm" view.
Speeches from the CeMCoA symposium
The Bank of Japan has published speeches made by guest speakers at the international symposium "Ten years after the Asian currency crisis: Future challenges for Asian economies and financial markets" hosted by the Center for Monetary Cooperation in Asia …
IMF's Caruana on identifying risks & opportunities
In the speech 'Identifying risks and opportunities: A global view' given on 7 May Jaime Caruana of the IMF said debt financing is cheap by historical standards for even the riskiest of corporates.
Norges Bank Economic Bulletin, April 2007
The latest edition of Norges Bank's Economic Bulletin for April 2007 includes the article 'Interest rate projections in theory and practice'.
BoE says efficiency push may harm stats
The Bank of England said in a submission to a parliamentary committee published on Wednesday 9 May that it is concerned that cost constraints are preventing the UK's Office for National Statistics from doing a proper job.
Qatar cb focusing on transparency
Sheikh Abdullah bin Saud Al Thani, Governor of Qatar Central Bank (QCB), said Tuesday 8 May that the QCB will give high priority to strengthening good corporate governance, transparency and accountability in the financial sector.
DNB's Wellink says 'no risk from M&A'
Dutch central bank president Nout Wellink said Wednesday 9 May he believes ABN Amro is an extremely strong bank and that customers should not fear a takeover.
Hungary to name NBH deputy by 1 July
Hungarian central bank (NBH) governor Andras Simor will name by 1 July who will be the central bank's second deputy governor, local newswire MTI reported on Wednesday 9 May.
Wolfowitz gets White House backing
The White House on Wednesday 9 May said it has continued full support for embattled World Bank president Paul Wolfowitz, who faces numerous calls to quit.
Bernanke and Co should do nothing
According to this article from John Berry at Bloomberg, published Friday 4 May, Federal Reserve officials will not change interest rates Wednesday amid conflicting evidence about where the US economy is headed.
King and Co should do nothing either
According to this article from Bloomberg published Wednesday 9 May, there are plenty of reasons for the Bank of England to do nothing Thursday.
RBNZ Financial Stability Report, May 2007
The Reserve Bank of New Zealand published its May 2007 Financial Stability Report on 9 May. RBNZ governor Alan Bollard said that New Zealand's financial system has continued to be stable.
ECB's Tumpel-Gugerell on making SEPA a reality
In the speech 'Making SEPA a reality - Involving the public sector in the Single Euro Payments Area' given on 8 May Gertrude Tumpel-Gugerell of the ECB said she is convinced that public administrations should remain competitive in an increasingly…
ECB's Trichet on the Lamfalussy approach
In a speech given on 9 May Jean-Claude Trichet of the ECB said the Committee of European Banking Supervisors (CEBS) has made significant progress so far and this has been acknowledged and appreciated by all interested parties, including the ECB and the…
IMF's Rato at the MIT Latin Conference
In a speech given on 27 April Rodrigo de Rato of the IMF said Latin America's future is not entirely in its own hands.