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Abilov appointed head of Turkmenistan CB
Turkmen president Gurbanguly Berdymukhammedov signed a decree on the appointment of Geldymurad Abilov chairman of the Central Bank of Turkmenistan on Thursday 15 February.
Bank of Canada Review, Winter 06-07
The Bank of Canada published its Review for Winter 2006-2007 on Thursday 15 February. The Review includes the article 'Why monetary policy matters: A Canadian perspective'.
Sveriges Riksbank Monetary Policy Report, No. 1 07
Sweden's central bank, the Sveriges Riksbank, published its First Monetary Policy Report for 2007 on 15 February. According to the report, formerly known as the Inflation Report, inflation is currently low, as is the rate of wage increase and cost…
Philadelphia Fed Business Outlook Survey, Feb 2007
According to the firms surveyed for the Philadelphia Fed's February 2007 Business Outlook Survey, activity in the region's manufacturing sector was mostly steady this month.
Norway's Gjedrem on economic perspectives
In the speech 'Economic perspectives' given on 15 February Svein Gjedrem of Norges Bank said that the bank's key interest rate will be gradually increased to 5 per cent.
IMF's Caruana on ageing & pension risk management
In a speech given on 15 February Jaime Caruana of the IMF said the management of long-term, ageing-related risks may require policymakers to seek new and creative policy solutions.
Cyprus cb governor's comments
According to an article the Cyprus Mail published this week, recent comments by the governor of the Central Bank of Cyprus are unprofessional and undermine the credibility of the institution.
Weber sees inflation around 2 pct to end-2008
Bundesbank president Axel Weber said in an interview published Thursday 15 February he expects eurozone inflation to be around 2.0 pct between now and the end of 2008.
Officials call on BOJ to consider govt views
Japanese cabinet ministers on Thursday 15 February called on the Bank of Japan to consider the government's view when deciding whether to raise interest rates at a policy meeting next week.
Reports say Brazil's Meirelles will keep job
Brazilian president Luiz Inacio Lula da Silva ruled out the possibility of replacing central bank chief Henrique Meirelles, according to media reports Wednesday 14 February.
Malta may apply for euro accession in March
Malta will file its formal request for accession to the eurozone in the first two weeks of March, The Times of Malta reported Wednesday 14 February.
Iraq's central bank to curb inflation
Officials at the Central Bank of Iraq (CBI) said that the bank is considering taking measures to curb inflation which hiked to 70 percent last year on soaring oil prices, Iraq Directory reported Wednesday 14 February.
ECB's Quaden says yen, yuan weak v euro
The Japanese yen and the Chinese yuan are undervalued against the euro, European Central Bank governing council member Guy Quaden said Thursday 15 February.
Fed turnover creates challenges
According to this article published by USA Today on Monday 12 February, Ben Bernanke faces new challenges at the Federal Reserve with the departure of key officials.
SAMA's Al-Sayari on Islamic banking
In the speech 'Islamic banking prudential standards' given on 15 February Hamad Al-Sayari of the Saudi Arabian Monetary Agency said Basel and other standards have helped create an appropriate environment for banking business which supports competition.
Financial statistics for a global economy
The European Central Bank published Proceedings of the 3rd ECB conference on statistics, held 4 and 5 May 2006, on 15 February. The series of ECB conferences on statistics has become an important forum for multidisciplinary, forward-looking exchanges of…
ECB paper on market responses to policy decisions
The ECB Working Paper "Using intraday data to gauge financial market responses to Fed and ECB monetary policy decisions" examines bond and stock market volatility reactions in the euro area and the US following their respective economies' monetary policy…
ECB Monthly Bulletin, February 2007
The European Central Bank published its February 2007 Monthly Bulletin on Thursday 15 February. In the report the ECB said reiterated that it is exercising 'strong vigilance' on inflation risks.
ECB's Trichet on an increasingly globalised world
In the speech 'How can the European economy succeed in an increasingly globalised world?' given on 15 February Jean-Claude Trichet of the ECB said euro zone countries need to improve their cost competitiveness to benefit from globalisation.
China finance official may head reserves body
China's vice-minister of finance is seen taking charge of the new body planned to manage part of China's massive foreign exchange reserves, the Financial Times reported Wednesday 14 February.
Bank signals one more rate rise for 2007
The Bank of England implied on Wednesday 14 February that interest rates will be raised one more time in 2007, to 5.5%.
BoC sees room to improve central bank committees
This article from Reuters, published Monday 12 February, looks at the recent paper "Monetary Policy Committees in Action: Is There Room for Improvement?" noting that central banks have shifted away from the "dictatorial" governor as decision maker, in…
PBOC says Wu's remarks don't rule out rate action
The People's Bank of China said Wednesday 14 February that comments by its vice governor published yesterday do not rule out the use of interest rates as an appropriate tool to absorb excessive liquidity.
BoJ's Fukui says risks to sustained growth remain
Bank of Japan governor Toshihiko Fukui said Wednesday 14 February he remains cautious about the outlook for sustained growth of the Japanese economy because it is still exposed to various risks.