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Fed's Stern: Perspectives on the economy
In the speech 'Perspectives on the economy' given on 29 March Gary Stern of the Federal Reserve Bank of Minneapolis said the United States economy is "anything but fragile" and that the worst of the housing market crunch might be over.
The economics of money laundering enforcement
The IMF Working Paper 'A theory of "crying wolf": The economics of money laundering enforcement' shows how excessive reporting, called "crying wolf", can dilute the information value of reports.
BoE paper on migration and UK economy
Migration into the UK from EU accession countries continues to suppress inflationary and wage pressures, a working paper from the Bank of England's Monetary Policy Committee published Wednesday 11 April found.
Bernanke on financial regulation & invisible hand
In the speech 'Financial regulation and the invisible hand' given on 11 April Ben Bernanke of the Federal Reserve said the current market-based system is the best way to regulate the trillion-dollar hedge fund industry although improvements can be made.
Fed minutes show core inflation as policy risk
Federal Reserve officials on the Federal Open Market Committee continued to view the current rates of core inflation as "uncomfortably high" at their meeting last month, according to minutes released Wednesday 11 April.
ECB says rates are boosting growth
European Central Bank president Jean-Claude Trichet told a press conference Thursday 12 April the ECB's interest rates are still boosting economic growth after seven increases since late 2005, leaving open the possibility of a further move.
Is single East Asian currency possible? Not now
According to this article from the Shanghai Daily, published Tuesday 10 April, it is not a realistic approach for East Asian countries to explore the possibility of a single currency.
Brazilian cb monetary policy head resigns
Brazilian central bank director Rodrigo Azevedo resigned as chief of monetary policy, citing an interest to work outside of government, Bloomberg reported Wednesday 11 April, citing a statement.
Hungary's cb says inflation expectation still risk
There remains a risk that inflationary expectations may stabilize at higher levels than previously forecast by the Hungarian National Bank (MNB), Henrik Authg, vice president of the central bank said on Wednesday 11 April.
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…