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NBP's Balcerowicz warns of political risks
Leszek Balcerowicz, president of the National Bank of Poland, has warned that the creation of an investigative committee for banking supervision will result in an increase in political risk.
Bundesbank reports increased profits
The Bundesbank reported a net profit of 2.86 bln eur in 2005 on Tuesday 21 March, up from 676 mln a year earlier.
RBI appoints committee on rupee float
In consultation with the Government of India, the Reserve Bank of India on Monday 20 March appointed a committee to set out the framework for fuller Capital Account Convertibility.
BoJ's Mizuno sees rate rise 'any time'
Bank of Japan policy board member Atsushi Mizuno said in a speech on Monday 20 March that he expects an increase in interest rates from around zero pct at "any time."
IMF managing director to travel to Mexico
Rodrigo de Rato, Managing Director of the International Monetary Fund, will travel to Mexico, March 22-25, to participate in a meeting of the Capital Markets Consultative Group (CMCG) in Mexico City.
G. William Miller led Fed in Carter years
According to this obituary published on Monday 20 March, former Federal Reserve chairman G. William Miller helped transform textiles company Textron Inc. into a global force, and was also active in civic life and political organisations.
Bernanke on the yield curve and monetary policy
In the speech 'Reflections on the yield curve and monetary policy' given on 20 March Ben Bernanke of the Federal Reserve said the recent inversion of the yield curve is not a signal of a coming period of economic weakness.
Fed's Spillenkothen to retire
Rich Spillenkothen, the director of the Division of Banking Supervision and Regulation, will retire on June 30 after thirty years of service with the Federal Reserve Board, including nearly fifteen years as the director of the division.
Norges Bank Inflation Report, March 2006
Norges Bank published its First Inflation Report for March 2006 on Thursday 16 March. The overall assessment in the Inflation Report is in line with the strategy in the previous Report.
Establishing credibility at the ECB
The IIIS Discussion Paper "Establishing credibility: Evolving perceptions of the European Central Bank" looks at the first years of the ECB to consider whether, and how, central bank credibility evolves.
SF Fed's Yellen on the U.S economy in 2006
In the speech 'The U.S economy in 2006' given on 15 March, Janet Yellen of the Federal Reserve Bank of San Francisco said the Federal Reserve Board's monetary policy is expected to be determined by economic data outcomes in the near term.
Reserve Bank of Malawi - Annual Report 2004
According to the Reserve Bank of Malawi's Annual Report 2004, real output for 2004 grew by 4.6 percent from 3.9 percent reported in 2003.
Comment: Governance and modernisation
A new IMF working paper argues that giving central banks more independence is a powerful way of enhancing corporate governance in these institutions. Although the paper's rigorous empirical approach may help to confirm this uncontroversial insight, its…
Former CBK officials charged with fraud
A Kenyan court on Monday 20 March charged five former senior officials, including former Central Bank of Kenya (CBK) governor Eric Kotut, with fraud and theft in the east African country's biggest corruption scandal.
China sees large yuan moves as 'unfavourable'
A senior People's Bank of China official said on Saturday 18 March that large movements in the yuan against the dollar are "unfavourable" for the economy.
Trichet says no foregone decision on rates
Jean-Claude Trichet, president of the European Central Bank, said on Monday 20 March that its governing council had not already decided to continue with a series of monthly rate increases.
Bundesbank's Meister defends Polish regulator
Germany's central bank has criticised Poland's plans to reform its financial regulator, saying the move would isolate the country.
Former Fed chairman G. William Miller dies
G. William Miller, a former Federal Reserve chairman, has died aged 81.
Riksbank to form cash management advisory board
The Executive Board of Sweden's Riksbank decided at its most recent meeting to establish a cash management advisory board consisting of representatives from the cash management field.
Approval of policy changes to Fed cash services
The Federal Reserve Board on Friday 17 March announced the approval of policy changes that seek to reduce the overuse of Federal Reserve Bank cash-processing services by providing incentives for depository institutions to recirculate currency among their…
ECB's Gonzalez-Paramo on monetary policy
In the speech 'Uncertainty and gradualism in monetary policy' given on 17 March Jose Manuel Gonzalez-Paramo of the ECB said hard data currently available indicates that the euro zone is growing at a rate higher to that forecast by the Bank in December.
Warsh, youngest-ever Fed governor
According to the article "Warsh, youngest-ever Fed governor, is also one of the richest" published Friday 17 March, Kevin Warsh, and his wife, an heir to the Estee Lauder cosmetics fortune, have at least $65.3 million in assets.
Ireland's Hurley on monetary policy
In the speech 'Monetary policy and prospects for the European economy' given on 9 March (published 16 March) John Hurley of the Central Bank & Financial Services Authority of Ireland said the European Central Bank is ready to act as needed to keep down…
IMF paper on central banks and seigniorage
The IMF Working Paper "Spending seigniorage: Do central banks have a governance problem?" published March 2006 reviews how central banks allocate seigniorage, based on systematic crosscountry comparisons of their financial accounts.