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PBOC's Wu says China will not widen yuan band soon
China's central bank repeated it commitment on Tuesday 25 October to the yuan's tightly regulated trading band.
Bernanke doesn't see inflation picking up
U.S. inflation pressures are likely to remain within the energy sector, and fiscal and monetary policy remains accommodative, Federal Reserve chairman nominee Ben Bernanke said in a newspaper interview published on Tuesday 25 October.
How can Bernanke succeed Greenspan?
This article published on Tuesday 25 October asks how can Ben Bernanke succeed a man described by President Bush as the most dominant central banker in history?
Ben Bernanke has a lot going for him to make it
According to this article published on Tuesday 25 October, Ben Bernanke will have a lot going for him if he becomes, as expected, the next chairman of the Federal Reserve. He is among the most knowledgeable economists in the world about monetary policy…
Atlanta Fed's Barron on a viable payments future
In the speech 'Making a commitment to a viable payments future' given on 5 October Patrick Barron of the Federal Reserve Bank of Atlanta said that our payments system is going through a difficult transition. Today, the development of new technology and…
Tumpel-Gugerell on regulation in EU banking
In the speech 'Regulation, competition and integration in EU banking: What drives performance? - Revisiting Freiburg' given on 21 October Gertrude Tumpel-Gugerell of the ECB said there is excess capacity in the European banking sector and further…
Rato on IMF's role in global financial stability
In the speech 'The role of the IMF in safeguarding global financial stability' given on 21 October Rodrigo de Rato of the IMF said the last two decades have witnessed tremendous change in the global financial system.
SARB Financial Stability Review, September 2005
The South African Reserve Bank has published the September 2005 edition of its Financial Stability Review. In its latest report the SARB said the global financial system remained resilient during the first half of 2005, despite global economic growth…
Comment: Bands or point targets?
Relatively little attention is paid to issues regarding optimal institutional arrangements for inflation-targeting central banks, as the big policy debates seem to revolve more around whether or not countries should adopt the framework in the first place…
Bernanke nominated to replace 'legend' Greenspan
US President George W. Bush on Monday 24 October nominated White House economic adviser Ben Bernanke to succeed Alan Greenspan as chairman of the Federal Reserve.
PBOC adviser Yu sees inevitable yuan rise
Yu Yongding, an influential economist and adviser to the People's bank of China, said on Monday 24 October that an appreciation in the yuan was inevitable and that he expected further changes in China's currency policy.
Trichet notes that inflation risks have increased
ECB president Jean-Claude Trichet said in an interview that the risk of rising inflation in the euro zone has increased with the recent surge in oil prices, and the ECB would reinforce its vigilance to head-off a widespread rise in prices.
Yellen says Fed should not target asset bubbles
San Francisco Fed President Janet Yellen said on Friday 21 October that the Federal Reserve's interest rate policy should not target asset bubbles such as the U.S. housing market.
Rato says US rates should rise, ECB hold
The US Federal Reserve should increase interest rates gradually but the European Central Bank should keep its rate on hold for now, the International Monetary Fund chief Rodrigo Rato said in an interview.
Greenspan to testify on economic outlook 3 Nov
Federal Reserve Chairman Alan Greenspan will testify on the U.S. economic outlook before the Joint Economic Committee of Congress on 3 November, the panel said on Friday 21 October.
Will ECB match hawkish rhetoric with rate hike?
This article published on Friday 21 October reports that the ECB's more hawkish tone has got futures markets speculating that eurozone interest rates could be about to change.
Fed's Santomero: Lessons from business cycle
In the speech 'Lessons from our recent business cycle: A policymaker's perspective' given on 4 October Anthony Santomero of the Federal Reserve Bank of Philadelphia said the Fed will have to keep raising official interest rates to keep temporary price…
Dallas Fed's Fisher on globalization and Texas
In the speech 'Globalization and Texas' given on 19 October Richard Fisher of the Federal Reserve Bank of Dallas said he remains an inflation hawk and will continue to push for policy that keeps inflation expectations in check.
Krueger on the IMF and price stability
In the speech 'A prize worth having: the IMF and price stability' given on 20 October Anne Krueger of the IMF said the success of Turkish economic reforms in recent years has been beyond all expectations.
Philadelphia Fed Business Outlook Survey, Oct 2005
According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, October 2005, the pace of activity in the region's manufacturing sector picked up in October.
Muto says BOJ to keep ultra-loose policy
Bank of Japan (BoJ) Deputy Governor Toshiro Muto said on Friday 21 October that the central bank will continue to help the resurgent economy by keeping its super-loose monetary policy.
Rato urges caution as global rates set to rise
IMF Managing Director Rodrigo Rato said on Thursday 20 October that global interest rates are set to rise and investors must take that into account.
Zimbabwe plans new currency
Zimbabwe will have a new currency next year, the central bank governor announced on Thursday 20 October , the Zimbabwe Observor reports.
Issing hints at ECB rate rise
European Central Bank chief economist Otmar Issing said on Friday 21 October that inflation prospects in the Eurozone are worrisome and the outlook for interest rates is uncertain.