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Japan's Ota warns BoJ about tightening
Japanese economic and fiscal policy minister Hiroko Ota on Friday 23 February warned the Bank of Japan against further credit tightening.
Canada's Kennedy on adjusting to economic change
In the speech 'Adjusting to economic change' given on 22 February Sheryl Kennedy of the Bank of Canada said the central bank's 4.25 percent overnight interest rate is consistent with achieving its 2 percent inflation target.
Riksbank's Ingves on monetary policy
In the speech 'Introduction on monetary policy' given on 22 February Stefan Ingves of the Sveriges Riksbank said emphasised that the Riksbank's decision to publish our own forecast for the interest rate should be regarded as a further step towards…
Sources of inflation in Sub-Saharan Africa
This IMF Working Paper explores the sources of inflation in Sub-Saharan Africa by examining the relationship between inflation, the output gap, and the real money gap.
Bank of Japan Monthly Report, February 2007
The Bank of Japan published the English version of its February 2007 monthly report on Friday 23 February. In the report the BOJ left its assessment of the economy unchanged.
Central Bank of Bahrain - Annual Report 2005
According to the Central Bank of Bahrain's Annual Report 2005, the performance of the Bahrain economy has been exceptionally strong throughout 2005.
No economic recovery without political reform
According to this article published by The Zimbabwean on Thursday 22 February, despite Reserve Bank of Zimbabwe governor Gideon Gono's admission of the failure of his fire fighting economic policies, it is abundantly clear that the root cause of the…
Czech euro adoption 2012 likely - fin min
The Czech Republic could realistically adopt the euro in 2012, the Finance Ministry announced Wednesday 21 February, according to Prague Daily Monitor.
Brazil's Lula considers central bank changes
Brazilian president Luiz Inacio Lula da Silva is preparing to order changes in the board of directors of the country's central bank, Dow Jones reported Thursday 22 February.
Yam warns investors to 'fasten safety belts'
Hong Kong Monetary Authority chief executive Joseph Yam said on Wednesday 21 February that the People's Bank of China's decision to raise the reserve requirement ratio on deposits will have little impact on mainland lenders.
UNMIK head rejects nomination for Kosovo board
According to internet news agency KosovaLive, the Kosovo government announced Wednesday 21 February that head of UNMIK Joachim Rucker has nullified the decision for the appointment of former minister of economy Ali Sadria as a member of the Steering…
FOMC members upbeat on economic outlook
Federal Reserve officials at their January meeting shrugged off past concerns and said the outlook for growth and inflation was looking positive, according to minutes of the meeting released Wednesday 21 February.
Fed's Kohn on fin stability and managing crises
In the speech 'Financial stability: Preventing and managing crises' given on 21 February Donald Kohn of the Federal Reserve said financial crises are inevitable from time to time and it is vital that the Federal Reserve have a hand in bank supervision to…
SF Fed's Yellen on the U.S. economy in 2007
In the speech 'The U.S. economy in 2007' given on 21 February Janet Yellen of the Federal Reserve Bank of San Francisco said she still sees upside risks to inflation but that U.S. interest rates were "well positioned" to bring inflation down.
BoE's Bean on the economic outlook
In the speech 'Economic Outlook' given on 21 February Charles Bean of the Bank of England said upside and downside risks to the inflation outlook are dividing Bank of England policymakers and making it difficult to predict which direction interest rates…
Chicago Fed Letter, March 2007
The March 2007 edition of the Chicago Fed Letter includes "Global Banking and National Regulation: A Conference Summary" by Cabray L. Haines, former senior associate economist, and Calvin T. Ho, associate economist.
Remittances in the Pacific region
This IMF Working Paper finds that the altruistic motive for remittances remains much stronger in the Pacific region than in the rest of Asia.
Brazil will add reserves while liquidity high
Brazil's policy of increasing foreign reserves should continue as long as global imbalances support a steady flow of dollars into the country, central bank director Paulo Vieira da Cunha told analysts in New York.
Independent central banks are rare breed in Asia
According to this article published Wednesday 14 February by Bloomberg, Asian leaders seem to believe that the art of central banking is too important to be left to bankers.
CBN says currency change won't affect ECOWAS
The governor of Central Bank of Nigeria, Professor Charles Soludo, has said currency restructuring by the Federal government will not affect plan for common denomination by ECOWAS countries.
Russia reiterates reserve diversification idea
The Russian central bank remains interested in further diversification of the currency structure of its gold and forex exchange reserves, its first deputy chairman said in a newspaper interview published on Tuesday 21 February.
Fed's Bies says bad mortgage debt not problem
Federal Reserve governor Susan Bies said in a speech Tuesday 20 February the bulk of the mortgage market was not troubled by bad debt problems, which were concentrated in the subprime, tarnished-credit sector.
SNB's Roth says rates not high enough yet
Swiss National Bank (SNB) chairman Jean-Pierre Roth said in an interview published Wednesday 21 February that Switzerland's current interest rate level is still not high enough to guarantee price stability in the medium-term.
Minutes show 7-2 split on BoE rate vote
The Bank of England's Monetary Policy Committee voted by a 7-to-2 margin to keep its benchmark rate unchanged at 5.25 pct at its meeting earlier this month, minutes showed Wednesday 21 February.