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Greenspan on the Council of Economic Advisers
In a speech given on 26 October Alan Greenspan of the Federal Reserve praised the advice provided to presidents by the Council of Economic Advisers.
Legal aspects of European System of Central Banks
The European Central Bank published a book on Wednesday 26 October . The book contains a collection of articles on the European Union and the ESCB, the Eurosystem, monetary law, central bank independence and central bank statutes as well as on financial…
Comment: Braced for a bumpy ride
The Bank of England, along with central banks in several other developed countries, has enjoyed fairly benign conditions in recent years. Inflation pressures have been relatively low, avoiding the need for the Bank to make the tough choice between output…
BoE's King sees bumpy ride ahead for UK economy
Bank of England governor Mervyn King said on Tuesday 25 October that the UK economy faces increased volatility in the next few years than has been experienced recently.
Missing ingredient in BOK
According to this article published on Wednesday 26 October, although the Bank of Korea's interest rate policy is supposed to be as powerful as the Fed's, few still believe that the BOK operates its monetary policy independently from the government.
ECB's Weber says inflation risk 'noticeably' up
European Central Bank Governing Council member and Bundesbank President Axel Weber said upward risk for euro area price stability has grown "noticeably", with inflation expected "with sufficient certainty" not to duck below 2% by the end of next year.
Dodge sees 'high degree of liquidity' in market
Canadian interest rates are low enough to allow substantial liquidity on domestic financial markets, Bank of Canada Governor David Dodge told the House of Commons finance committee on Tuesday 25 October.
PBOC clarifies vice governor's remarks
The People's Bank of China (PBOC) said the yuan exchange rate will not keep on appreciating indefinitely, clarifying an earlier media report that quoted central bank vice governor Wu Xiaoling as saying that the yuan will further rise.
Bank of Canada Fixed Income Markets conference
The Financial Markets Department of the Bank of Canada has announced it will host a conference on Fixed Income Markets to be held at the Bank of Canada on 3 and 4 May, 2006.
NY Fed's Geithner on the US and global economy
In the speech 'U.S. and the global economy' given on 19 October Timothy Geithner of the Federal Reserve Bank of New York said global imbalances present a threat to the world economy and should be addressed.
Fed's Guynn on the unknowns of a changing economy
In the speech 'Resolving the unknowns of a changing economy' given on 20 October Jack Guynn of the Federal Reserve Bank of Atlanta said it was appropriate for the Fed to continue to raise interest rates to a "neutral" level and this would help keep…
Sveriges Riksbank Inflation Report, No. 3, 2005
Sweden's central bank, the Sveriges Riksbank, has published its Third Inflation Report for 2005. Most indications are now that the slowdown in growth at the beginning of the year was temporary both in Sweden and abroad, the report said.
Dodge on Canada's economy
In a speech to the House of Commons Standing Committee on Finance given on 25 October David Dodge of the Bank of Canada said past and recent movements in energy prices and in the exchange rate for the Canadian dollar are giving rise to significant…
Albania's Fullani on inflation targeting practice
In the speech 'Inflation targeting in practice' given on 10 October Ardian Fullani of the Bank of Albania said the fact that we have been successful in controlling inflation during the last years holds true.
Comment: 'Ideas guy' takes the reins
The nomination of Ben Bernanke to be the fourteenth Federal Reserve chairman has been met in academic and policymaking circles with warm applause. Bernanke, quite simply, was the candidate the market wanted.
Poland plans referendum on euro entry
Poland should "definitely" hold a referendum before it adopts the euro, President-elect Lech Kaczynski told foreign journalists Monday 24 October.
Estonia's Ansip sees faster growth from euro entry
Estonian Prime Minister Andrus Ansip said adopting the euro in 2007 will add 1 percentage point a year to economic growth, increase foreign investment and also boost tourism.
China forex reserves expected to surpass Japan's
China's forex reserves are expected to surpass Japan's this year as strong fund inflows and a burgeoning trade surplus make it the world's largest holder of foreign currency, state press reported.
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…