Central Banking staff
Follow Central Banking
Articles by Central Banking staff
Central Bank of Belize - Annual Report 2004
According to the Central Bank of Belize's Annual Report 2004, buoyancy in tourism, productivity gains in the primary sector, a resurgence in construction and manufacturing, as well as increases in real estate/ business and financial services generated…
Weber charts course for ECB rate rise
European Central Bank council member Axel Weber said in an interview published Tuesday 9 May that interest rates need to be increased by at least a quarter point to curb inflation in the eurozone.
Comment: Bank of England Inflation Report
British bond yields fell yesterday, despite an increase in the Bank of England's near-term inflation forecast. The Bank of England's latest Inflation Report also included a lower growth forecast for next year, which is expected to outweigh the effects of…
IMF says China to benefit from yuan appreciation
China's economy will benefit from a government decision to allow greater exchange rate flexibility for the yuan, according to an IMF economist.
Afghan bank keeps currency strong with dollars
Afghanistan's central bank, Da Afghanistan Bank, supplies 10 million U.S. dollars each week to bazaar in order to keep the value of the Afghani currency strong, the president of the bank said Sunday 7 May.
BoJ names new executive director for operations
The Bank of Japan said Tuesday 9 May that it has promoted Hajime Mizuno, director-general of the BoJ's operations department, to the post of executive director in charge of operations and payment and settlement systems.
Asia's savings glut keeps its bond markets tiny
According to this article published Wednesday 10 May, it is a puzzle why global investors hold almost no debt denominated in Asian currencies when they snap up fixed-income securities that pay in Uruguayan pesos or Brazilian reais.
Why economists worry about foreign reserves
According to the article "Why economists worry about who holds foreign currency reserves" published Tuesday 9 May, the idea that China or some other American rival could someday use its vast holdings of U.S. debt as a geopolitical weapon is gaining…
Central bank intervention and ex rate volatility
The St Louis Fed Working Paper "Central bank intervention and exchange rate volatility, its continuous and jump components" analyses the relationship between interventions and volatility at daily and intra-daily frequencies for the two major exchange…
Sveriges Riksbank Economic Review 1st Quarter 2006
The Sveriges Riksbank has published its Economic Review for the 1st Quarter 2006.The latest edition contains four articles, 'Financial asset management at the Riksbank,' 'Controlling legal risks in financial asset management,' 'How do large current…
Fed Reserve Bank of St Louis Review, May/Jun 2006
The latest edition of the St Louis Fed's Review for May/Jun 2006 includes the article 'The learnability criterion and monetary policy'. The paper reviews some recent research that has emphasized methods for analyzing models of learning, in which…
Canada's Longworth on economic development
In the speech 'The crucial contribution of the financial system and monetary policy to economic development' given on 5 May David Longworth of the Bank of Canada emphasised that behind the abstract concept of financial system efficiency lies a very…
Bank of England Inflation Report, May 2006
The Bank of England published its May 2006 Inflation Report on 10 May. In remarks following the publication of the report, Mervyn King said the Monetary Policy Committee 'remains ready to take whatever action is necessary in order to keep inflation on…
Bermuda Monetary Authority - Annual Report 2004
According to the Bermuda Monetary Authority's Annual Report 2004, this year saw a continuing increase in the responsibilities and demands placed on the BMA.
Comment: Weber reveals his monetary policy stance
Axel Weber set out his thinking on the role of monetary policy and interest rates in three recent speeches. This article explores his views.
Japan discovers misprints in yen notes
Japan's high-tech money-printing bureau was embarrassed on Tuesday 9 May when 39,500 bills were found to be misprinted.
Richmond Fed names new first vice president
Sally Green was named first vice president and chief operating officer of the Federal Reserve Bank of Richmond on Tuesday 9 May, and will oversee the financial services and support areas of the Fifth District operations as of 1 August.
Bangladesh Bank can do more on financial stability
The Bangladesh Bank should play its role as a facilitator to all the scheduled banks to overcome any sort of problem they are facing, this opinion piece published Tuesday 9 May says.
Bush sees no credibility problem for Bernanke
US President George Bush said in an interview on Friday 5 May that new Federal Reserve chairman Ben Bernanke did not have a credibility problem.
Bank of Israel publishes minutes
The Bank of Israel said on Monday 8 May it will publish the minutes of meetings in which interest rates are fixed each month from now on.
ECB's Bini Smaghi on the growth of pension funds
In the speech 'The growth of pension funds and financial markets: Implications for central banks' given on 4 May (published 8 May) Lorenzo Bini Smaghi of the ECB said financial muscle of the world's pension funds may make it harder for central bank…
Federal Reserve Bank of Philadelphia Ann Rep 2005
The Federal Reserve Bank of Philadelphia's annual report for 2005, 'Facing Change, Managing Risk,' was published on Friday 5 May. This year, the report includes messages from Bank executives about new trends in the payments system, the banking industry,…
Former Fed economist urges more transparency
There is cautious optimism that Federal Reserve chairman Ben Bernanke will bring real transparency to the US central bank, this article published Monday 8 May says.
Wages no bar to Fed pause after move tomorrow
There's no reason for Federal Reserve officials to stop thinking about a pause in raising interest rates after going to 5 percent when they meet tomorrow (Wednesday), according to this article published Tuesday 9 May.