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IMF's Rato says euro, Fed rates may have to rise
The European Central Bank and the U.S. Federal Reserve may have to raise interest rates once more to keep inflation in check, International Monetary Fund Managing Director Rodrigo Rato was quoted on Monday 8 January as saying.
Argentina's Redrado says reserve building vital
Argentine central bank president Martin Redrado said Monday 8 January Latin American countries should take advantage of the current moment of good economic growth to build up foreign reserves to prepare for unforeseen problems.
Canadian dollar fall 'unsurprising': Dodge
Bank of Canada governor David Dodge said the decline in the Canadian dollar reflects ``fundamentals,'' and isn't ``surprising'' in light of slowing economic growth and a decline in crude oil prices.
Trichet expects similar global growth this year
Global economic growth this year may well be close to that of 2006, European Central Bank President Jean-Claude Trichet said Monday 8 January in Switzerland.
Adrian Orr to leave RBNZ
Reserve Bank of New Zealand deputy governor and head of financial stability Adrian Orr is leaving the Bank to take up the role of Chief Executive of the Guardians of the New Zealand Superannuation Fund, the RBNZ said Monday 8 January.
PBOC raises bank reserve requirement
The People's Bank of China said Friday 5 January it had raised the reserve requirement for commercial banks in a bid to stem a rising tide of liquidity in the banking system.
BNM's Zeti at the INCEIF Strategic Partnership
In welcoming remarks at the INCEIF Strategic Partnership 2006 given on 14 December Dr. Zeti Akhtar Aziz of the Bank Negara Malaysia said one of the strategic steps that INCEIF has initiated is the forging into strategic alliances with the five takaful…
Central Bank of Russia - Annual Report 2005
According to the Central Bank of Russia's Annual Report 2005, the macroeconomic situation in 2005 was characterised by rapid economic growth, which exceeded the official forecast for the year.
Bank of Sudan - Annual Report 2005
According to the Bank of Sudan's Annual Report 2005, in the Sudan, the economy recorded a decline in the growth rate.
Boston Fed's Minehan on the economic outlook
In a speech given on 5 January Cathy Minehan of the Federal Reserve Bank of Boston said the U.S. economy will likely pick up again this year while price pressures ebb, but inflation remains a challenge for policymakers.
Bernanke on central banking & bank supervision
In the speech 'Central banking and bank supervision in the United States' given on 5 January Ben Bernanke of the Federal Reserve said that the Fed's job of regulating the nation's banks gives the central bank more expertise in dealing with financial…
HKMA says exchange rate peg important
Hong Kong Monetary Authority chief executive Joseph Yam said it is important to maintain the exchange rate with the HK dollar's peg to the US dollar to safeguard financial stability.
Price rises seen in Slovenia after euro entry
The Slovenian Consumers' Association has warned that a wide range of price increases have been seen across the country, as business began trading in euros this week.
Barney Frank says no to narrowing Fed's mandate
According to this article from John Berry at Bloomberg, published Friday 5 January, the Federal Reserve received a reminder this week about how politically sensitive it would be to adopt an inflation target.
Deloitte chief linked to Hungarian cb job
The chief of the Hungarian arm of auditing and consulting group Deloitte, Andras Simor, was tipped on Friday 5 January by daily Nepszabadsag to become the new governor of Hungary's central bank.
BoT rejects request on custody services
The Bank of Thailand said Thursday 4 January that it had rejected a request by the Custodian Club to delay implementation of a new securities investment account for foreigners by one month.
Outgoing fin min Merentes may join BCV board
Venezuela's outgoing Finance Minister Nelson Merentes said Thursday 4 January that he will join the board of the Venezuelan Central Bank (BCV), Reuters reported. However, no appointment has been made official yet.
Surprise choice for Polish central bank
According to this article from the Financial Times, published Thursday 4 January, Slawomir Skrzypek's nomination as the next head of the National Bank of Poland was received with surprise due to his lack of economic credentials and his close links to the…
Danmarks Nationalbank, Monetary Review 4th Q 2006
The Danmarks Nationalbank's Monetary Review for the Fourth Quarter 2006, published 20 December, said the Danish economy continues to boom, with strong growth in both domestic and external demand.
IMF paper on central bank board membership size
The International Monetary Fund Working Paper "Central bank boards around the world: Why does membership size differ?" analyzes empirically differences in the size of central bank boards across countries.
Sustaining Kazakhstan's macroeconomic success
According to this op-ed piece by Aasim Husain of the IMF, Kazakhstan's macroeconomic achievements are widely recognized and for good reason.
State Bank of Pakistan - Annual Report 2005-2006
According to the State Bank of Pakistan's Annual Report 2005-2006, Pakistan's economy turned in a strong performance in FY06 with real GDP growth of 6.6 percent.
Central banks tiptoeing away from the dollar
According to this article from The New York Times published Tuesday 2 January, nations with large holdings of dollars are becoming increasingly willing to dump them in favour of the euro.
CNB's Tuma says euro entry rules outdated
Czech central bank governor Zdenek Tuma said in an article published Thursday 4 January the conditions for new member states to join the euro are outdated and should be overhauled.