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BOJ new members see sustained, gradual recovery
Seiji Nakamura and Hidetoshi Kamezaki, who recently joined Bank of Japan's nine-member policy board, told a press conference on Wednesday 11 April they see a sustained but gradual expansion of the Japanese economy and a mild rise in inflation going…
BOJ's Inaba warns on low short-term rates
Short-term interest rates left at too low levels for too long could ignite inflation concerns among investors, which in turn could push up long-term rates, a senior Bank of Japan official told lawmakers Wednesday 11 April.
Fisher expects pick-up in pace of US growth
The U.S. economy is in a slowdown, but the pace of growth should accelerate as the year unfolds, Dallas Fed president Richard Fisher said Tuesday 10 April.
Plosser says committing to policy goal important
Federal Reserve Bank of Philadelphia president Charles Plosser said on Tuesday 10 April that committing to a policy goal and providing more information about the central bank's aims would help keep inflation expectations in check.
IMF Paper: Balance of payments crises under IT
This IMF Working Paper analyzes a small open economy model under inflation targeting. The Paper shows why such a monetary regime is vulnerable to speculative attacks that take place over a short period rather than instantaneously.
IMF Global Financial Stability Report, Apr 2007
The International Monetary Fund published its Global Financial Stability Report for April 2007 on 10 April. In the report the IMF said the stability of the global financial system is being bolstered by favourable economic conditions, but some financial…
BOJ's Muto on monetary policy
In a speech given on 4 April Toshiro Muto of the Bank of Japan said hinting at the actual timing of the policy change is generally inadvisable.
Banking supervision: Quality and governance
The IMF Working Paper 'Banking supervision: Quality and governance' examines the relationship between the quality of banking supervision and governance of the supervisory agency.
IMF's Rato on the global economy
In a speech given on 9 April Rodrigo de Rato of the IMF said the risks to the global economy are slightly lower than they were six months ago.
IMF report sees soft landing for world economy
The International Monetary Fund is forecasting a 'soft landing' for the world economy and 4.9-per-cent growth in 2007, German government officials said Tuesday 10 April, according to Deutsche Presse-Agentur.
RBI concerned over inflation
The governor of the Reserve Bank of India is believed to have told money market dealers that it is concerned about the capital flows into the country, reported CNBC-TV18 on Tuesday 10 April.
BOJ's Fukui sees no resumption of yen-carry trade
Bank of Japan governor Toshihiko Fukui said Tuesday 10 April he sees no sign of the resumption of the yen-carry trade, despite the recent weakening of the yen.
BI vigilant on regulatory 'grey areas'
Bank Indonesia deputy governor Muliaman D. Hadad said recently that in the revised regulations, the central bank had clarified several "gray areas" that had dissuaded the banks from extending loans to particular types of firms.
New Cyprus cb governor may be named soon
The new Cyprus central bank governor will probably be named in the next 10 days, finance minister Michalis Sarris said on Thursday 5 April on the sidelines of a press conference on euro awareness.
Fed's Mishkin on monetary policy and dual mandate
In the speech 'Monetary policy and the dual mandate' given on 10 April Frederic Mishkin of the Federal Reserve said the aim of the Federal Reserve is to promote both stable prices and maximum employment, which can occasionally lead to competing interests…
Russia's central bank faces reform calls
According to this article published by The Times on Wednesday 4 April, the Russian finance ministry has met senior figures from the banking sector recently to discuss reforming the Bank of Russia.
BNM's Zeti on potential role of Islamic finance
In the speech 'Potential role of Islamic finance in strengthening the New Silk Road' given on 28 March Zeti Akhtar Aziz of the Central Bank of Malaysia said Malaysia is committed to be part of the New Silk Road to facilitate greater cross border economic…
Spain's Ordoez on the biggest risk - complacency
In the speech 'The biggest risk - complacency' given on 31 January (published 4 April) Miguel Fernandez Ordoez of the Bank of Spain said on viewing recent developments in the Spanish economy we can draw a positive assessment that should not disregard the…
Central Bank of Sri Lanka - Annual Report 2006
According to the Central Bank of Sri Lanka's Annual Report 2006, Sri Lanka continued on an economic expansion path in 2006 demonstrating its sustained resilience recording a 7.4 per cent growth rate.
Nielsen on financial stability, Danish perspective
In the speech 'Financial stability, the Danish perspective' given on 23 March of the Danmarks Nationalbank said the IMF recommends that we establish a buffer pool to ensure the settlement of securities transactions and retail payments even if the largest…
Contagion risk in the international banking system
In the IMF Working Paper "Contagion risk in the international banking system and implications for London as a global financial center" the authors use the extreme value theory (EVT) framework to analyze contagion risk across the international banking…
Sveriges Riksbank - Annual Report 2006
According to the Sveriges Riksbank's Annual Report 2006, the year saw a positive outcome for nearly all areas of the business.
ECB paper on transition economy convergence
The ECB Working Paper "Transition economy convergence in a two-country model: implications for monetary integration" presents a two-country dynamic general equilibrium model of ex ante unequally developed countries.
Gloom at currency talks points to deep GCC rift
According to this article from Middle East Online, published Friday 5 April, Gulf central bankers are deeply divided as they meet to finalise details of monetary union plans.