Central Banking staff
Follow Central Banking
Articles by Central Banking staff
Tumpel-Gugerell on European financial markets
In the speech 'The competitiveness of European financial markets. An economic framework for effective policy-making' given on 12 March Gertrude Tumpel-Gugerell of the ECB said greater integration of mortgage markets among European economies would allow…
Fed's Kroszner on changing dynamics of inflation
In the speech 'The changing dynamics of inflation' given on 12 March Randall Kroszner of the Federal Reserve said the Federal Reserve cannot be complacent about inflation and would act if currently benign inflation expectations change.
Sweden's Srejber on integrating financial services
In the speech 'Integration of financial services has come a long way in Europe' given on 12 March Eva Srejber of the Sveriges Riksbank said greater integration of the markets for financial services is important for enhancing growth in Europe.
Narube on the newly designed Fiji banknotes
In the speech 'Unveiling the newly designed Fiji banknotes' given on 9 March Savenaca Narube of the Reserve Bank of Fiji said that the bank decided to stay with paper rather than change to polymer or plastic.
Bank of Japan, Financial System Report, March 2007
The Bank of Japan published its Financial System Report for March 2007 on 13 March. Japan's financial system as a whole has remained stable, the report said.
Qatar considers single financial regulator
According to a recent article published by the Gulf Times, 'Doha mulls UK-style single regulator', Qatar is considering a single financial regulator along the lines of the UK as part of its efforts to form an umbrella organisation.
China vows more flexible yuan with trade surplus
In a possible attempt to address overseas pleas to address China's record trade surplus, central bank governor Zhou Xiaochuan said Monday 12 March that exchange rate policies could go some way toward tackling the problem.
Liebscher says ECB job not finished yet
European Central Bank council member Klaus Liebscher said in an interview published Monday 12 March the bank can't consider its job done after seven interest-rate increases because inflation remains a threat.
Report says China to continue buying US Treasuries
China will continue to purchase US Treasuries after the new foreign exchange investment agency begins operations, The Standard reported Monday 12 March, citing central bank vice governor Wu Xiaoling.
G10 bankers: Stock correction reminds of risk
G10 central bankers said Monday 12 March that the recent correction in stock markets was a useful reminder of the risks faced by investors, but it has not altered fundamental growth prospects.
ECB's Bini Smaghi says rates depend on growth data
Interest rates "must adjust" to combat inflation if economic growth continues, European Central Bank executive board member Lorenzo Bini Smaghi told Italian daily La Stampa in an interview published Sunday 11 March.
The economic impact of central bank transparency
The Working Paper "The economic impact of central bank transparency: a survey" from De Nederlandsche Bank provides an up-to-date overview of the literature on the desirability of central bank transparency from an economic viewpoint.
Lacker on the evolving inflation process
In the speech 'Understanding the evolving inflation process' given on 9 March Jeffrey Lacker of the Federal Reserve Bank of Richmond said that U.S. inflation expectations may not be anchored enough to promote price stability.
Fed's Kroszner on liquidity and monetary policy
In the speech 'Liquidity and monetary policy' given on 9 March Randall Kroszner of the Federal Reserve said deregulation and financial globalization have led to competition among currencies and kept long-term interest rates down.
Fed's Kohn on the evolving inflation process
In the speech 'Understanding the evolving inflation process' given on 9 March Donald Kohn of the Federal Reserve said the Fed must keep a close watch on inflation expectations, which are "critical" to the conduct of monetary policy.
National Reserve Bank of Tonga - Ann Rep 05-06
According to the National Reserve Bank of Tonga's Annual Report 2005-2006, economic growth is estimated by the Ministry of Finance to have eased from 2.3 per cent in 2004/05 to 1.9 per cent in 2005/06, which is slightly below the average pace of the past…
Akhtar on Pakistan's banking sector reforms
In the speech 'Pakistan - banking sector reforms: performance and challenges' given on 1 February Shamshad Akhtar of the State Bank of Pakistan said Pakistan, like the rest of Asia, is growing fast and the rise in per capita income, emergence of middle…
Bank of France attacks ECB strategy
According to this article from The Daily Telegraph, published Friday 9 March, the ECB has received an unprecedented attack on the "reliability" of its strategy by the Bank of France and a barrage of attacks by French leaders.
Mexico's Senate rejects central bank nominee
The Mexican Senate rejected President Felipe Calderon's nominee for deputy governor of the Bank of Mexico on Thursday 8 March.
ECB policy on 'accommodative side' says Weber
Bundesbank president Axel Weber said Friday 9 March the European Central Bank's monetary policy remains "on the accommodative side" even after Thursday's rate hike.
China announces reserve fund plan
China's finance minister announced Friday 9 March the country is creating an investment company to make more profitable use of its $1 trillion in foreign currency reserves.
Simor nominates deputy governor in Hungary
Newly installed National Bank of Hungary (MNB) governor, Andras Simor, proposed Ferenc Karvalits as the MNB's deputy governor and member of the Monetary Council on Thursday 8 March.
Takenaka says BOJ rate hike came too early
Japan's former economic and fiscal policy minister Heizo Takenaka has criticised the Bank of Japan in an interview published Friday 9 March for increasing interest rates in February despite continued deflation.
Bank of Spain - Annual Report 2005
According to the Bank of Spain's Annual Report 2005, the Spanish economy grew by 3.4%, 0.3% more than in the previous year.