Central Banking staff
Follow Central Banking
Articles by Central Banking staff
Fed gets ambiguous data, no reasons for a change
Federal Reserve officials are likely to keep US interest rates unchanged at their next meeting, according to this article from Bloomberg published Tuesday 7 November.
BOJ's Fukui on the outlook for Japan's economy
In the speech 'The outlook for Japan's economy and the conduct of monetary policy' given on 7 November Toshihiko Fukui, governor of the Bank of Japan, said exports have continued to increase against the background of the expansion of overseas economies.
Chicago Fed's Moskow on U.S. economic outlook
In the speech 'U.S. economic outlook' given on 6 November Michael Moskow of the Federal Reserve Bank of Chicago said U.S. economic growth is likely to bounce back from the third quarter, when real gross domestic product rose by 1.6 percent.
Nyberg on the Riksbank and the property market
In the speech 'The Riksbank and the property market' given on 6 November Lars Nyberg of the Sveriges Riksbank said he sees no serious risks to financial stability in the growing household indebtedness and rising property prices.
Econ Perspectives - Central counterparty clearing
The Chicago Fed's Economic Perspectives for the Fourth Quarter 2006 focuses on central counterparty clearing and includes a summary of the conference, titled "Issues related to central counterparty clearing."
OECD's Gurria on the role of bank supervisors
In the speech 'The role of bank supervisors in the fight against corruption' given on 5 October Angel Gurria of the OECD said a recent OECD study found that only a few countries have developed guidelines and typologies on money laundering transactions…
State TV reports China's reserves top 1trn USD
China's foreign exchange reserves have topped the 1.0 trillion US dollar level, state television CCTV said on Monday 6 November.
China's Su on fixed assets investment expansion
China's fixed asset investment is still under potential pressure of further expansion despite controls imposed this year, a senior official with China's central bank told the 10th CEO Forum on Saturday 4 November.
PBOC's Fan says 5% p.a. yuan rise possible
People's Bank of China adviser Fan Gang said Monday 6 November in an article in the Wall Street Journal that the yuan could appreciate on average by 5 percent a year in coming years, but a more dramatic rise would be disastrous for Chinese growth and…
Qatar rules out reserve policy shift
Qatar central bank governor HE Sheikh Abdullah bin Saud al-Thani said Sunday 5 November that the Qatar has no plans to change its policy on foreign exchange reserves.
Canada's banknotes getting mangled in old machines
A document quoted by the Canadian Press on Monday 6 November says that the Bank of Canada's currency counting machines need replacing to stop tatty bills getting stuck in the machines.
EU's Almunia says Cyprus, Malta meet euro criteria
EU economic and monetary affairs commissioner Joaquin Almunia said Monday 6 November after the publication of a report that Cyprus and Malta will be ready to join the eurozone by 2008.
Is Swift living in the past?
This recent article from The Banker asks whether Swift is destined to become a relic of a bygone age, or if it can move into the modern era after its launch three decades ago.
Canada's Dodge on prospering in the global economy
In the speech 'Prospering in today's global economy: Challenges for open economies such as Australia and Canada' given on 6 November David Dodge of the Bank of Canada said the IMF should be able to bluntly tell governments when their policies hurt other…
Kohn on the evolving role of the Fed banks
In the speech 'The evolving role of the Federal Reserve banks' given on 3 November Donald Kohn of the Federal Reserve said the current system of 12 decentralized Fed banks will continue to be needed despite changes in the banking system, but their role…
Transmission mechanisms of monetary policy-Armenia
The IMF Working Paper "Transmission mechanisms of monetary policy in Armenia: Evidence from VAR analysis" examines monetary policy transmission in Armenia in light of the authorities' intention to shift to an inflation-targeting regime over the medium…
Riksbank's Ingves on banking reforms
In the speech 'Banking reforms' given on 3 November Stefan Ingves of the Sveriges Riksbank said during the last twenty years, many countries have embarked on reforms of the banking and financial services industry.
Albania's Fullani on financial markets & stability
In the speech 'Regional financial markets and financial stability' given on 30 October Ardian Fullani of the Bank of Albania said qualitative developments have taken place in the Albanian banking system during 2006.
Iceland to strengthen foreign reserves
In recent months, the Ministry of Finance and Central Bank of Iceland have been engaged in discussions on strengthening the Central Banks foreign reserves, the central bank said Friday 3 November.
Fed's Fisher says main goal is inflation control
Federal Reserve Bank of Dallas President Richard Fisher said Thursday 2 November that keeping inflation in check is the central bank's primary goal.
RBA appoints head of payments policy
The Reserve Bank of Australia announced Friday 3 November the appointment of Ms Michele Bullock to the position of Head of Payments Policy Department.
Controlling inflation is immediate goal for India
India's finance minister said on Friday 3 November controlling inflation expectations was the government's immediate goal and it would use all fiscal and monetary measures to bring down inflation towards 4 percent.
IMF's Leipold says France can do better
Despite a positive assessment of France's economic performance and policies, the country "needs to do better" the IMF said.
Polls see BoE raising rates 0.25% next week
The Bank of England is set to raise rates by a quarter point next week according to two recent City polls.