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RBA's Lowe on payment systems evolution
In a speech given on 27 September Philip Lowe of the RBA said over the past year or so, the Reserve Bank has been examining the architecture and governance of Australia's payment systems and the range of payment products offered in Australia.
Central Bank of Peru - Annual Report 2005
According to the Central Bank of Peru's Annual Report 2005, a positive macroeconomic performance characterized the Peruvian economy in 2005.
Yilmaz on central banking in emerging economies
In the speech 'Central banking in emerging economies - the Turkish experience' given on 12 September Durmus Yilmaz of the Central Bank of the Republic of Turkey said a challenge of central banks in some emerging economies is dollarization.
An Asian currency - a bridge too far
This article published on Friday 29 September by the Asia Times Online looks at the idea of the "Asian Currency Unit" which has been touted as a possible solution to the global imbalance dilemma.
A case for inflation targets in the US and Japan
This article published by the American Enterprise Institute on Wednesday 27 September says that the world's leading central banks are struggling with what is happening to prices in their respective countries, and what they should do and say about it.
China calls for hedge fund cooperation
Financial regulators across the world must work together to keep tabs on the increasingly powerful hedge fund industry, China's banking regulatory head said in remarks published on Thursday 28 September.
Interview with Richmond Fed's Lacker
Federal Reserve Bank of Richmond President Jeffrey Lacker told Reuters in an interview on Wednesday 27 September the U.S. economy was on solid ground, but that inflation was still a worry.
Fed's Hoenig says lags slowing rate impact
Kansas City Federal Reserve Bank President Thomas Hoenig said on Wednesday 27 September that the impact of previous interest rate increases has not been fully felt yet and must be considered by the FOMC at future meetings.
Jarai says Hungarian forint vulnerable
"The forint is one of the most vulnerable currencies in the world," Hungary's central bank governor, Zsigmond Jarai said Wednesday 27 September at a conference hosted by the German-Hungarian chamber of commerce.
RBA Financial Stability Review, September 2006
The Reserve Bank of Australia published the September 2006 edition of its Financial Stability Review on Thursday 28 September. Household balance sheets are in reasonable shape despite recent interest rate hikes, according to the latest Review.
Tumpel-Gugerell on financial system modernisation
In the speech 'Opening remarks at the conference on Financial System Modernisation and Economic Growth in Europe' given on 28 September Gertrude Tumpel-Gugerell of the ECB said EU economic growth has been disappointing in the period since the launch of…
Fed's Kroszner on productivity growth
In the speech 'What drives productivity growth? Implications for the economy and prospects for the future' given on 27 September Randall Kroszner of the Federal Reserve said that strong U.S. productivity growth since the mid-1990s seemed set to persist…
Bank of the Netherlands Antilles- Annual Report 05
According to the Bank of the Netherlands Antilles' Annual Report 2005, the pace of growth of the Netherlands Antillean economy accelerated to 1.5% in 2005, following a rise of 1.1% in 2004.
RBNZ paper on open economy inflation targeters
The Reserve Bank of New Zealand Discussion Paper "What do robust policies look like for open economy inflation targeters?" examines the role of the open economy in determining robust rules when the central bank fears various model misspecification errors.
BIS's Knight on global banking: paradigm shift
In the speech 'Global Banking: paradigm shift - towards meeting the emerging challenges' given on Tuesday 26 September Malcolm Knight of the BIS said global banking will flourish in a strong and stable financial environment.
Weber sees inflation risks despite oil price fall
Germany's Bundesbank president Axel Weber said Thursday 28 September the eurozone still faces inflation risks despite the recent dip in oil prices.
New Japan MOF chief to be soft on BOJ
According to this article from Reuters, published Wednesday 27 September, newly appointed Japanese finance minister Koji Omi is unlikely to adopt his predecessor's stance on intervention in the Bank of Japan's monetary policy.
Gold sales fall well below central bank pact limit
This article from the Financial Times, published Wednesday 27 September, notes that although European central banks have been big sellers of gold over the past six years, they appear to have lost their desire to sell the metal this year.
Interview with Bank of England's Alastair Clark
In an interview with The Asian Banker, published Wednesday 27 September, Alastair Clark, adviser to the governor of the Bank of England, says the UK's "super regulator" model would not necessarily suit the current Chinese banking system.
Japan's new fin min says BOJ taking proper steps
New Japanese Finance Minister Koji Omi said Wednesday 27 September foreign-exchange rates should move in line with the strength of their underlying economies.
Israel's Fischer says 5% growth rate needed
Bank of Israel governor Stanley Fischer told the Finance Committee Tuesday 26 September economic growth must keep a pace of least five percent per year for 10 years for Israel to reduce poverty significantly in the long- term.
Solving Kozlov's murder is 'question of honour'
The Moscow Times reported Tuesday 26 September that the killers of Russia's central bank first deputy chairman Andrei Kozlov may have been hired on the cheap and had no idea who they were being paid to kill.
Mauritius plans new monetary policy framework
The governor of the Central Bank of Mauritius said Wednesday 27 September that the bank will move to a new monetary policy framework next month, the first major shift since 1999.
Autonomous eye should watch over MFIs, banks
According to this article from The East African Standard, published Tuesday 26 September, although the Central Bank of Kenya will get new regulatory and supervisory powers under the Micro-Finance Bill, little things like this can slip through the cracks.