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Fed's Bernanke on globalization & monetary policy
In the speech 'Globalization and monetary policy' given on 2 March Ben Bernanke of the Federal Reserve said global factors may on balance have boosted U.S. inflation, but globalization has not affected the ability of the Federal Reserve to influence U.S…
BIS's Knight on risk in the small and in the large
In the speech 'Now you see it, now you don't: risk in the small and in the large' given on 28 February Malcolm Knight of the BIS said there is no doubt that the financial system is now more resilient than it was in the past.
RBNZ re-appoints Arthur Grimes to Board
Arthur Grimes has been re-appointed as a non-executive director on the Reserve Bank of New Zealand's Board for a second five-year term, finance minister Michael Cullen announced Monday 5 March.
Brazil's fin min says Bevilaqua's exit was routine
The resignation of Brazilian central bank economic policy director Afonso Bevilaqua represented a routine change that won't alter the direction of policy at the institution, Finance Minister Guido Mantega said on Friday 2 March.
Why Germany's economy will outshine Japan
According to this article by Stephen Roach, published on Wednesday 28 February by MoneyWeek, the German economy is very much on the mend after failing to fall into a Japanese-like quagmire.
National Bank of Cambodia - Annual Report 2005
According to the National Bank of Cambodia's Annual Report 2005, despite the remaining obstacles and difficulties both at home and abroad, Cambodia enjoyed remarkable social and economic achievements and experienced a relatively high economic growth rate.
Jelasi on creating a stable economic environment
In the speech 'The National Bank of Serbia - creating a stable economic environment' given on 16 February Radovan Jelasi of the National Bank of Serbia said last year was a key year for Serbia, as it was finally recognized that monetary policy represents…
Wellink on risk management & financial stability
In the speech 'Risk management & financial stability - Basel II & beyond' given on 27 February Nout Wellink of the Netherlands Bank said there is a great deal of uncertainty around the nature of risks in the markets, the adequacy of risk premia and what…
Romania not rushing on euro entry - report
Romania will resist European Central Bank advice to bring forward its target date for adopting the euro, opting instead for a more cautious path towards the single currency, the Financial Times reported Friday 2 March, citing central bank governor Mugur…
New IMF chief economist nominated
International Monetary Fund chief Rodrigo de Rato said Wednesday 28 February he would recommend Simon Johnson, a professor at the Massachusetts Institute of Technology, as the IMF's new chief economist.
Brazil's central bank econ director resigns
Brazilian central bank economic policy director Afonso Bevilaqua resigned Thursday 1 March citing "personal reasons" and an interest in "pursuing new projects," the central bank said in a statement.
Public finances 'an obstacle' to Czech euro bid
The current state of the Czech Republic's finances is an obstacle to the country switching to the euro, a top official at the Czech central bank (CNB) said in an interview published Friday 2 March.
IMF's Rato on Middle Income Countries
In a speech given on 2 March Rodrigo de Rato of the IMF said he believes that reform of the Fund's governance is essential to the Fund's continued credibility and effectiveness.
ECB paper on globalisation and euro area trade
As a major player in world trade, the euro area is strongly influenced by globalisation, but is far from being a passive spectator, according to the ECB Occasional Paper "Globalisation and euro area trade - Interactions and challenges" published March…
BSP's Tetangco on the Philippine economy
In the speech 'A tipping point and a rising tide is lifting up the Philippine economy' given on 20 February Amando M Tetangco of the Central Bank of the Philippines said economic and fiscal achievements in 2006 have created a positive momentum for the…
International Journal of Central Banking, March 07
The March 2007 issue of the International Journal of Central Banking was published on Thursday 1 March. The latest issue includes the article "The mystique of central bank speak" by Petra M. Geraats of the University of Cambridge.
Royal Monetary Authority of Bhutan - Ann Rep 05-06
According to the Royal Monetary Authority of Bhutan's Annual Report 2005-2006, the growth of the Bhutanese economy slowed marginally during 2005 mainly due to decline in construction activities.
Poole on energy prices and the U.S. business cycle
In the speech 'Energy prices and the U.S. business cycle' given on 2 March William Poole of the Federal Reserve Bank of St. Louis said oil supply shocks need not cause recessions and were no excuse for a central bank to allow inflation to escape its…
No recession coming says St Louis Fed chief
St. Louis Fed president William Poole on Friday 2 March rejected fears that the U.S. economy was heading into a recession, saying that while there "could be a recession," one isn't likely, echoing comments this week by former Fed chairman Alan Greenspan.
Hungarian cb switch to end clashes with government
According to an article published on Friday 2 March by Jurnalo, when Zsigmond Jarai leaves the National Bank of Hungary for the last time today (Friday) the government may well breathe a sigh of relief.
Thai central bank eases controls
The Bank of Thailand said Thursday 1 March it intends to further ease capital controls on inflows of foreign funds that were imposed in December to weaken the Thai baht.
Kenya names new head of central bank
Economics professor and think-tank director Njuguna Ndung'u was named as the new head of the Central Bank of Kenya on Thursday 1 March to replace the former governor who was suspended.
Report says watchdog to probe ECB settlement plan
The European Central Bank's plans to establish an integrated securities settlement system in the euro zone will be examined by the region's competition watchdog, according to a report by the FT Thursday 1 February.
Greenspan says US recession possible, not probable
Former Federal Reserve chairman Alan Greenspan said a recession in the U.S. is possible, though not probable this year as excess inventory is being reduced quickly, according to people attending a CLSA Japan Forum in Tokyo Thursday 1 February.