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Japan appoints new board members to BOJ
The Japanese government on Friday 5 April appointed a former top manager at Japan's largest trading company and a former shipping company executive to the Bank of Japan's monetary policy board.
Knight on inflation targeting in emerging markets
In the speech 'Inflation targeting in emerging market economies' given on 4 April Malcolm Knight of the BIS said inflation targeting is not of course the only way to build monetary policy credibility.
BOJ's Iwata on the state of the Japanese economy
In the speech 'The current state of the Japanese economy and its outlook' given on 7 March Kazumasa Iwata of the Bank of Japan said Japan's economy has been experiencing a sustained period of moderate expansion.
RBI's Reddy on the role of monetary policy
In the speech 'Role of monetary policy in attaining growth with stability: The Indian experience' given on 2 April Y.V. Reddy of the Reserve Bank of India said India has a good story to tell the world on its performance relating to the role of monetary…
Dallas Fed's Fisher on risk
In the speech 'Risk is a many splendored thing: Lessons learned' given on 4 April Richard Fisher of the Federal Reserve Bank of Dallas said growing troubles in the market for risky mortgages do not appear to be spreading to the overall economy, but…
SBP's Akhtar says inflation lower
The governor of the State Bank of Pakistan, Dr. Shamshad Akhtar Wednesday 4 April said the monetary tightening policy has yielded positive results, while maintaining that the core inflation has come down significantly.
Why Czechs must put Euro on the back-burner
In an interview with the Financial Times, published Tuesday 3 April, the Czech central bank governor warned public finances need to be brought under control if the country wants to join the euro.
Garganas says ECB must be ready to act decisively
Favorable inflation trends appear to be waning in the euro one economy which is enjoying another year of strong growth, and the European Central Bank must act decisively if price risks threaten, Governing Council member Nicholas Garganas said in an…
BOJ's Hirano says euro strength not to be G7 topic
Finance ministers and central bankers from the world's richest countries are unlikely to focus on the euro's strength against the dollar and yen next week, former Bank of Japan executive director Eiji Hirano said Tuesday 4 April.
BNM's Zeti says inflation downtrend to continue
Malaysia's inflation will continue on the downtrend, with an average of 2 to 2.5 percent, Bank Negara Malaysia's governor Tan Sri Zeti Akhtar Aziz said Wednesday 4 April.
NBP to publish minutes of meetings
Poland's central bank said Tuesday 3 April it will start to publish minutes from policy meetings of its interest rate-setting panel on 24 May, in a move analysts hope will offer more clarity on future monetary policy.
ECB's Constancio says rates still low
European Central Bank governing council member Vitor Constancio said Wednesday 4 April that eurozone interest rates are still at historically low levels despite seven ECB rate hikes since December 2005.
Italy's Draghi: Governor Baffi's financial policy
In the speech 'Reflections on monetary and financial policy - Governor Baffi's monetary policy' given on 15 March Mario Draghi of the Bank of Italy said Paolo Baffi was governor of the Bank of Italy during five of the most difficult years Italy has known.
Germany's Weber on financial globalisation
In the speech 'Challenges posed by (financial) globalisation' given on 15 March Axel Weber of the Deutsche Bundesbank said the search for yield in riskier assets was one of the main topics during the time of record-low interest rates in major economic…
Audit committees in central banks
This IMF Working Paper reviews the tasks and design of audit committees, increasingly recommended as a way to strengthen financial accountability and good central bank governance.
Central Bank of Iceland - Annual Report 2006
According to the Central Bank of Iceland's Annual Report 2006, in 2006 the Icelandic economy was characterised by imbalances on a greater scale than for many years.
Fullani on macroeconomic developments in Albania
In the speech 'Summary of the latest macroeconomic developments in Albania' given on 26 March Ardian Fullani of the Bank of Albania said the Bank of Albania is confident that only financially stable banking institutions guarantee the foundations of a…
SAMA chief says Gulf states to keep pegs
In the run-up to monetary union in 2010 Gulf Arab states are committed to dollar-pegged exchange rates and will need "exceptional efforts" to meet the deadline, the Saudi central bank chief told reporters on Tuesday 3 April.
Asean looking at ways to use growing FX reserves
South-East Asian nations plan to jointly set up a fund to finance infrastructure by exploiting heavy capital inflows, a senior Thai finance ministry official told reporters Monday 2 April.
Bangladesh DG expects inflation to stay low
Bangladesh Bank's deputy governor said Monday 2 April in an interview he expected that inflation would remain within its projection 6.95 percent despite substantial price hike of fuel oil.
RBI prefers indirect policy instruments
The Reserve Bank of India's governor, Yaga Venugopal Reddy, said on Monday 2 April in a speech that the RBI has a policy preference for indirect instruments to give effect to its monetary policy.
Central Bank of Sri Lanka redesigns website
The Central Bank of Sri Lanka announced Friday 30 March the launch of its redesigned website. The primary objective of re-designing the website was to present comprehensive information relating to all key functions of the CBSL, with the re-designed site…
The secret language of central bankers
According to this article by J. Bradford DeLong, published Tuesday 3 April by the Taipei Times, there seems to be general agreement today that the argument for talking in "Greenspanese" is essential for enabling central banks to ensure price stability no…
St. Louis Fed's Poole on understanding inflation
In the speech 'Understanding inflation' given on 2 April William Poole of the Federal Reserve Bank of St. Louis said the reputation and credibility of policymakers on the Federal Reserve Board's interest rate setting FOMC are essential to keeping…