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China short-term gold additions unlikely - GFMS
The People's Bank of China is very unlikely to increase its gold reserves in the short-term but in the medium- to long-term there is "excellent scope" for gold purchases by the central bank, metals consultancy GFMS said on Wednesday12 April.
Dallas Fed's Fisher on global competition
In the speech 'Racing to the top: How global competition disciplines public policy' given on 11 April Richard Fisher of the Federal Reserve Bank of Dallas said globalization has helped to cut U.S. inflation, but has not helped governments to control…
Stone on the national & regional economic outlook
In the speech 'National and regional economic outlook' given on 6 April William Stone of the Federal Reserve Bank of Philadelphia said the Federal Reserve must remain vigilant on inflation, but for now incoming data can guide future policy moves.
Nijathaworn with some thoughts on IMF reform
In the speech 'Some thoughts on IMF reform on crisis prevention and crisis resolution' given on 28 February Bandid Nijathaworn of the Bank of Thailand said the challenge to IMF reform on crisis prevention and crisis resolution has many dimensions.
Bank of Guyana - Annual Report 2004
According to the Bank of Guyana's Annual Report 2004, Real Gross Domestic Product (GDP) rebounded in 2004 with a growth of 1.6 percent after remaining relatively flat at the end of 2003.
Zeti at the Education in Islamic Finance launch
In a speech at the launching of The International Centre For Education In Islamic Finance (INCEIF) given on 23 March Zeti Akhtar Aziz of the Central Bank of Malaysia said in meeting the objective of providing a total talent management solution for the…
Reserve Bank of India - Annual Report 2004 - 2005
According to the Reserve Bank of India's Annual Report 2004-2005, India's macroeconomic performance in 2004-05 was heartening in the face of threats to growth from an unsatisfactory monsoon and upside risks to stability from high and volatile…
Comment: The IMF's Global FSR
The IMF yesterday unveiled its latest Global Financial Stability Report at the Bank of England head office in London. "The near-term outlook is as good as it gets," Gerd Hausler, director of the IMF's capital markets unit, said at the press conference.
BoJ's Fukui watching long-term rates closely
Bank of Japan governor Toshihiko Fukui voiced concern over rising long-term interest rates on Wednesday 12 April as data showed further evidence of a solid economic recovery.
Russia signs agreement on reserve management
The Central Bank of Russia is implementing treasury and asset management software from London-based Trema to support its reserve management operations.
Forecasts pivotal given lags says Fed's Stern
Minneapolis Fed President Gary Stern said on Tuesday 11 April that economic forecasts are vital to the Federal Reserve's decision making because of the delay between policy moves and their economic impact.
Greenspan says global imbalances can improve
Former Federal Reserve chief Alan Greenspan told a conference on Wednesday 12 April that global economic imbalances could improve if high-growth economies allowed their currencies to strengthen.
Central bank on the rampage
According to this article on the Bank of Israel, corruption, concealment and deception have permeated an institution that is supposed to serve as a beacon of justice and ethics.
Fed policy makers behind closed doors
This article published on Wednesday 12 April looks at the recently published transcripts of minutes from the FOMC meetings in 2000. Behind the scenes, our central bankers and their advisers let their hair down a bit, it says.
ECB Monthly Bulletin, April 2006
The European Central Bank published its April 2006 Monthly Bulletin on Wednesday 12 April. In the report the ECB said euro zone countries with excessive fiscal deficits - such as Germany, France and Italy - need to cut public spending.
IMF Global Financial Stability Report, April 2006
The International Monetary Fund published its Global Financial Stability Report for April 2006 on 11 April. World financial markets have strengthened but cyclical challenges are emerging from the prospect of higher interest rates and an unwinding of…
Fed's Olson on compliance-risk management
In the speech 'Enterprise-wide compliance-risk management' given on 10 April Mark Olson of the Federal Reserve said banks and other financial services firms need to bolster their compliance and risk management activities by turning them into…
Danmarks Nationalbank in international comparison
The Danmarks Nationalbank Working Paper "Danmarks Nationalbank's operating costs and number of employees in an international comparison" benchmarks Danmarks Nationalbank against a number of other central banks with respect to operating costs and the…
International Journal of Central Banking, Mar 06
The March 2006 issue of the International Journal of Central Banking has been published. The latest edition contains five articles including 'The Bank of Japan's monetary policy and bank risk premiums in the money market,' and 'Using market information…
Will IMF set sights on managing global reserves?
This article published on Saturday 8 April says that some indication of the IMF medium-term strategy report's likely content can be gleaned from a series of speeches given over the past two months by de Rato, and deputy managing directors Takatoshi Kato…
Liebscher hints at ECB rate rise
European Central Bank council member Klaus Liebscher signalled in an interview published Monday 10 April that the euro zone central bank may raise interest rates in June to curb inflation.
China dollar reserves pose risk - report
China's foreign exchange reserves are exposed to heavy risks of US dollar fluctuations but there are no other alternatives now that can replace the greenback, a researcher said in an article published in the China Business News.
Comment: Sparks continue to fly in Poland
Sparks continue to fly between the president of the National Bank of Poland, Leszek Balcerowicz, and the ruling Law and Justice Party. While a controversial bank merger, which the government tried to block, has now been approved, tension remains high as…
BoJ's Fukui says 'no deviation' from reserve level
Bank of Japan governor Toshihiko Fukui said Tuesday 11 April there has been "no deviation" in the planned pace of reduction in commercial banks' current account reserves held at the BoJ.