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Fed's Bernanke on demographics

In the speech 'The coming demographic transition: Will we treat future generations fairly?' given on 4 October Ben Bernanke of the Federal Reserve said a "substantial correction" is under way in the US housing market but it has not so far had a big…

Swift defends role in data exchange

Swift, the Belgian company accused of transferring data on financial transactions to the US authorities, has refuted claims that it acted illegally.

ECB says final decision on T2S in 2007

The European Central Bank will make a final decision on whether to proceed with its proposed Target 2 Securities settlement system in the first half of 2007, executive board member Gertrude Tumpell-Gugerell said Wednesday 4 October.

RBI's Reddy on globalisation, money and finance

In the speech 'Globalisation, money and finance - uncertainties and dilemmas' given on 28 September YV Reddy of the Reserve Bank of India said international financial markets are currently dominated by private equity funds like hedge funds, which are…

Ireland's Hurley on central bank cooperation

In the speech 'Central bank cooperation - Ireland and Croatia' given on 29 September John Hurley of the Central Bank and Financial Services Authority of Ireland said there is a rather special link between Croatia and the Irish central bank.

Reserve Bank of New Zealand - Annual Report 2006

According to the Reserve Bank of New Zealand's Annual Report 2006, the last year had been particularly challenging, with monetary policy having to contend with more persistent oil price increases and stronger economic activity than anticipated.

Bahrain to revamp payment system

The Central Bank of Bahrain (CBB), formerly the Bahrain Monetary Agency (BMA), is in the process of revamping the national payment system, Trade Arabia reported.

Change at top likely at Bank of Thailand

This article from the Bangkok Post, published Tuesday 3 October, focuses on potential replacements for Bank of Thailand as M.R. Pridiyathorn Devakula after he confirmed he had been approached to join the interim cabinet.

National Bank of Serbia - Annual Report 2005

According to the National Bank of Serbia's Annual Report 2005, the overall economic activity continued trending up in 2005, with higher-than-forecast inflation, partial reduction of high foreign trade and current account deficits.

ECB paper on international portfolio flows

The European Central Bank Working Paper "The geography of international portfolio flows, international CAPM and the role of monetary policy frameworks," says that global equity markets might be more integrated than global bond markets.

Monetary and prudential policies at a crossroads?

The BIS Working Paper "Monetary and prudential policies at a crossroads? New challenges in the new century" argues that financial liberalisation has resulted in subtle but profound changes in the dynamics of the economy and in the challenges faced by…

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