Central Banking staff
Follow Central Banking
Articles by Central Banking staff
Papademos on the global importance of the euro
In the speech 'The global importance of the euro' given on 17 November Lucas Papademos of the ECB said the share of the euro in global official foreign exchange reserves increased during the first few years following its introduction, but has remained…
BoJ's Iwata on monetary policy in Japan
In the speech 'The role of money and monetary policy in Japan' given on 10 November Kazumasa Iwata of the Bank of Japan said the BoJ's new framework introduced two perspectives on examining economic activity and prices.
Bank of England Quarterly Bulletin, Winter 2006
The Bank of England published its Quarterly Bulletin for Winter 2006 on Monday 11 December. The latest issue includes the article an article which examines the available data on immigration to the United Kingdom.
BIS Quarterly Review, December 2006
The Bank for International Settlements published its December 2006 Quarterly Review on Monday 11 December. The report said financial markets appear to be confident about the outlook for global economic growth and expect a "soft landing" in the US.
T&T's Williams on investment strategies
In the speech 'Investment strategies in an uncertain world' given on 1 December Ewart Williams of the Central Bank of Trinidad and Tobago said since its inception in 1981 there has been little growth in the number of companies listed on the Trinidad and…
Greece's Garganas on macroeconomic management
In the speech 'Macroeconomic management in an environment of aggregate supply shocks - lessons from recent experience' given on 25 November Nicholas Garganas of the Bank of Greece said central banks should not respond to negative supply shocks by…
Fischer on Israel's economy and its banking system
In the speech 'Israel's economy and the challenges facing its banking system' given on 23 November Stanley Fischer of the Bank of Israel said within the Bank of Israel the Supervisor faces the vital and difficult task of managing a large, complex…
Robert Mclean joins Australia's PSB
Australia's treasurer Peter Costello has appointed academic and businessman Robert McLean as a part-time member to the central bank's Payments System Board (PSB) for a five-year term.
NBP's Balcerowicz against euro referendum
The head of Poland's central bank Leszek Balcerowicz told a seminar on Thursday 7 December that a referendum on Poland joining the eurozone is unnecessary.
Zimbabwe's Gono says he is unpaid
In reply to a question to Reserve Bank of Zimbabwe governor Gideon Gono on the New Zimbabwe.com web chat on Wednesday 6 December, Gono revealed he has not been paid since taking up the post at the central bank.
Brazil central bank considered rate cut
Brazil's central bank said Thursday 7 December in minutes from its last Copom meeting that it doesn't expect an eventual pick up in economic activity to stoke inflation.
PBOC not considering wider yuan/dollar band
The People's Bank of China is not currently considering a widening of the trading band for the yuan against the dollar, the head of the bank's research department said Friday 8 December.
SNB's Roth warns on appetite for risk
Swiss National Bank president Jean-Pierre Roth said Friday 8 December he does not feel comfortable with recent developments seen in global financial markets.
SARB's Quarterly Bulletin, December 2006
The South African Reserve Bank published its December 2006 Quarterly Bulletin on 8 December. According to the latest Bulletin, higher South African exports and a fall in oil imports helped narrow the current account deficit in the third quarter.
NY Fed: Deflationary shocks & monetary rules
The New York Fed Staff Report "Deflationary shocks and monetary rules: An open-economy scenario analysis" considers the macroeconomic transmission of demand and supply shocks in an open economy.
Bernanke may clash with democratic Congress
According to the article 'Bernanke may clash with democratic Congress on wages, inflation' from Bloomberg, published Thursday 7 December, Federal Reserve chairman Ben Bernanke may be heading for a showdown with congressional Democrats over warnings from…
Illogical rules make Slovenians feel second-class
This article from the Financial Times, published Wednesday 6 December, asks whether Slovenia will be a second-class member of the eurozone with restrictions on the movement of labour from the small state.
Spain's Ordoez on financial integration in Europe
In the speech 'Financial integration and stability in Europe' given on 3 December Miguel Fernandez Ordoez of the Bank of Spain said supervisors face a double challenge in the face of increased EU integration.
BoJ's Iwata says fair competition important
Bank of Japan deputy governor Kazumasa Iwata on Thursday 7 December underscored the need to ensure fair competition between two subsidiaries of Japan Post when the 10-year postal privatisation process begins in October.
Polish PM dismisses Gilowska NBP link
Poland's prime minister Jaroslaw Kaczynski has dispelled rumours of deputy PM and finance minister Zyta Gilowska leaving his cabinet in order to become head of the National Bank of Poland (NBP).
ECB raises interest rates to 3.5%
European Central Bank president Jean-Claude Trichet said Thursday 7 December it was essential to act in a "firm and timely manner" to safeguard price stability in the eurozone,after the bank raised interest rates from 3.25pct to 3.5pct.
Top prosecutor says Kozlov murder solved
The murder of Andrei Kozlov, first deputy chairman of the Russian central bank, has been solved, the Russian Prosecutor General said Tuesday 5 December.
Gulf currency union may face delay
Plans by GCC member states to launch a single currency by 2010 face delays because some countries won't be able to make legal changes in time, the governor of the Central Bank of Kuwait said in an interview Tuesday 5 December.
PBOC sees risks if dollar slides
The People's Bank of China said in a report published Thursday 7 December that it is concerned over a possible slide in the US dollar if there is a widespread move to sell off dollar assets.