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ECB report says bank risk low
The European Central Bank said in a report on Wednesday 18 April that bank balance sheets are strong and they are well protected against risks from booming lending for private equity buy-out deals in the European Union.
ECB's Mersch says US slowdown threat muted
European Central Bank governing council member Yves Mersch was reported on Monday 16 April as saying that the eurozone would be affected little by a further slowdown in the US economy.
Interview with ECB's Guy Quaden
European Central Bank council member Guy Quaden said in an interview published Monday 16 April, an increase in eurozone interest rates in the coming months is likely.
NY Fed's Geithner on global economic integration
In the speech 'Global economic integration: The opportunities and the challenges' given on 17 April Timothy Geithner of the Federal Reserve Bank of New York said economic integration among countries is essential for boosting growth, while protectionism…
Plosser on price stability and social welfare
In the speech 'Price stability and social welfare' given on 16 April Charles Plosser of the Federal Reserve Bank of Philadelphia said although the Fed is much more transparent than at any time in its history, it is arguably less transparent than a number…
Trichet on the euro and the dollar
In closing remarks at 'The euro and the dollar: pillars in global finance' conference given on 17 April Jean-Claude Trichet of the ECB said a number of indicators point to increasing cross-border banking activities in the euro area, such as the growing…
Fundanga on payment system developments
In the speech 'Payment system developments in the region' given on 2 April Caleb Fundanga of the Bank of Zambia said effective payment system oversight needs to be promoted so that public confidence in the safety and soundness of the national payment…
Central bank autonomy: Lessons from global trends
The IMF Working Paper "Central bank autonomy: Lessons from global trends" calculates indexes of central bank autonomy (CBA) for 163 central banks as of end-2003, and comparable indexes for a subgroup of 68 central banks as of the end of the 1980s.
Dutch cb's Wellink on world inflation pressures
Dutch Central Bank President Nout Wellink said on Saturday 14 April to the International Monetary Fund that while global inflation pressures have receded they are still a concern.
ECB's Liebscher on exchange rates
European Central Bank governing council member Klaus Liebscher said Monday 16 April that exchange rates should reflect fundamentals.
Trichet says stability requires int'l cooperation
European Central Bank president Jean-Claude Trichet said on Monday 16 April international policy cooperation and integration are important in keeping global economic stability.
King says BoE will look beyond volatility
Bank of England governor Mervyn King Wednesday 17 April sent an open letter the UK chancellor saying the MPC will look beyond short-term volatility in prices to get inflation back on track.
Cyprus championing corporate governance
This comment piece from the Financial Mirror looks at the two day conference in Nicosia, which brought together 130 delegates top discuss corporate governance issues.
Interview with SNB's Jean-Pierre Roth
In an interview with Bloomberg published Monday 16 April, Swiss National Bank president Jean-Pierre Roth said a fall in the Swiss franc's value against the euro reflects turbulence on financial markets rather than developments in the domestic economy.
Poole on changing world demographics
In the speech 'Changing world demographics and trade imbalances' given on 16 April William Poole of the Federal Reserve Bank of St. Louis said global imbalances including the US current account deficit are not just a monetary phenomenon.
Dallas Fed's Fisher on fiscal issues
In the speech 'Fiscal issues: From here to eternity' given on 16 April Richard Fisher of the Federal Reserve Bank of Dallas said if US fiscal policy gets 'out of whack' it will have implications for the Federal Reserve's policy and the dollar.
BOJ's Mizuno on economic & financial globalization
In the speech 'Economic and Financial Globalization, and Challenges Facing the Central Bank' given on 28 February (published 16 April) Atsushi Mizuno of the Bank of Japan said it is desirable that the policy interest rate should gradually converge toward…
BoC paper on exchange rate regimes
The Bank of Canada Working Paper "Exchange rate regimes, globalisation, and the cost of capital in emerging markets" presents a multifactor asset pricing model for currency, bond, and stock returns for ten emerging markets.
Trichet on International Financial Architecture
In the speech 'The International Financial Architecture - Where do we stand?' given on 16 April Jean-Claude Trichet of the ECB said the policy challenges associated with growing global economic and financial interlinkages need to be addressed head-on.
Bank of Canada, Business Outlook Survey, Spring 07
The Bank of Canada published its Spring 2007 Business Outlook Survey on 16 April. Overall, businesses remain positive about the economic outlook, the report said.
India's infrastructure could benefit from reserves
According to this article from Rediff News, published Monday 16 April, India is looking at the idea of using foreign exchange reserves for infrastructure investment.
IMF's Deppler on the economic outlook
In a speech given on 14 April Michael Deppler of the IMF said these are good times, which are deserved because policies have been relatively good.
IMF's Lipsky on outlook for L America & Caribbean
In the speech 'Improving the Outlook for Latin America and the Caribbean' given on 13 April John Lipsky of the IMF said the outlook for Latin America and the Caribbean region has been favorable but with some work it could be better still.
France's Redouin on risks
In the speech 'Risks may be transferred, but they do not disappear!' given on 29 March Jean-Paul Redouin of the Bank of France said we should not forget that the current financial system is multidimensional and closely interlinked.