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St Louis Fed's Poole on the monetary policy model
In the speech 'The monetary policy model' given on 11 September William Poole of the Federal Reserve Bank of St. Louis said the U.S. central bank could do a better job of explaining its policy aims.
Boston Fed's Minehan on the US economy
In a speech given on 11 September Cathy Minehan of the Federal Reserve Bank of Boston said the risks of both slower economic growth and higher inflation have grown this summer, complicating the job of monetary policy makers.
Report says Bernanke wants more democratic Fed
Federal Reserve chairman Ben Bernanke is trying to depersonalise the Fed by making its decision-making more democratic and easier to understand, The Wall Street Journal reported late on Friday 8 September.
Riksbank's Persson not available for reappointment
Sveriges Riksbank deputy governor Kristina Persson, whose appointment to the Executive Board expires on 1 May 2007, has informed the General Council that she is not available for reappointment.
ECB's Trichet sees robust global growth
European Central Bank president Jean-Claude Trichet told a G10 central bankers' news conference on Monday 11 September that the global economy is likely to continue to grow at a quite dramatic pace.
BNB's Quaden says further ECB rate rises likely
Belgian National Bank governor Guy Quaden, who is a member of the European Central Bank's governing council, told Le Soir another rise in eurozone interest rates cannot be ruled out.
Bernanke doesn't rule out hard landing for China
Federal Reserve chairman Ben Bernanke said in a letter released on Friday 8 September that chances of an economic crisis in China were low, but that the chances of a "hard landing" for the economy could not be ruled out.
ECB's Stark says inflation expectations may rise
European Central Bank executive board member Juergen Stark said in an interview he sees a risk that inflation expectations will rise if the market thinks the ECB is tolerating an inflation rate above 2 pct.
Macfarlane disappointed by election comments
The Reserve Bank of Australia believes the Coalition's 2004 election promise to keep interest rates lower than Labor compromised the independence of the central bank in the minds of many voters.
Why the world has no need for central banks
According to this article published Sunday 10 September by John Blundell, director general of the Institute of Economic Affairs in The Business, the world can well do without central banks and their mistakes.
BIS Quarterly Review, September 2006
The Bank for International Settlements published its September 2006 Quarterly Review on Monday 11 September. The report said Asian central banks which have intervened to limit currency strength may be forced to raise interest rates or let their…
Philadelphia Fed Business Review, 3rd Quarter 2006
The Federal Reserve Bank of Philadelphia published its Business Review for the Third Quarter 2006 on 8 September. The latest issue contains an article which reviews inflation targeting in developed countries.
National Bank of Georgia - Annual Report 2005
According to the National Bank of Georgia's Annual Report 2005, the Georgian economy showed a rather high rate of growth in 2005.
Krueger's farewell remarks to IMF Executive Board
In a speech given on 31 August Anne Krueger of the IMF said if we believe that the Fund is integral to the functioning of the global economy and of the international financial system, then it is our duty to do all we can to preserve it.
Cleveland's Pianalto on inflation and expectations
In the speech 'Inflation, Inflation Expectations, and Monetary Policy' given on 8 September Sandra Pianalto of the Federal Reserve Bank of Cleveland said low and stable inflation expectations provided some comfort that a pause in August was not too risky…
State Bank of Pakistan divided into four depts
In a bid to bring about improved performance in various departments, State Bank of Pakistan governor Dr. Shamshad Akhtar has divided the central bank into four departments.
Trichet, Juncker warn on disorderly rate moves
European Central Bank president Jean-Claude Trichet has told a news conference that disorderly moves in exchange rates are negative for economic growth.
China must address excess liquidity - Qiu
China must address the issue of excess liquidity that is driving strong credit and fixed asset investment growth in the country, Xinhua News Agency reported, citing Qiu Xiaohua, the head of the National Bureau of Statistics (NBS).
Fukui says no need to change BOJ view on prices
Bank of Japan Governor Toshihiko Fukui said on Friday 8 September he saw no need to change the central bank's view on price trends in the wake of downward revisions to consumer price data.
China can bear 3-5 pct rise in yuan's value - SAFE
Chinese companies can bear a three to five pct rise in the yuan's value, a foreign exchange regulatory official told the China Economic Times.
Julio Velarde named head of Peru's central bank
Peru's president Alan Garcia has named Julio Velarde, president of the Latin American Reserve Fund, to head the Central Bank of Peru for the next five years.
U.S., China must back IMF, end currency impasse
According to this article by Bloomberg, published Thursday 7 September, the International Monetary Fund which set up the system of flexible exchange rates needs to infuse it with a dose of vigour.
SF Fed's Yellen on prospects for the U.S. economy
In the speech 'Prospects for the U.S. economy' given on 7 September Janet Yellen of the Federal Reserve Bank of San Francisco said the Fed's benchmark rate is at an appropriate level, although risks remain that rates may have to rise to combat inflation.
ECB's Tumpel-Gugerell on SEPA
In the speech 'From theory to practice: let's roll out the cables' given on 7 September Gertrude Tumpel-Gugerell of the ECB said that in spite of good progress in the design phase, some issues of concern remain, in particular in the SEPA for cards.