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Kansas Fed's Hoenig on monetary policy
In the speech 'Monetary policy and the economic outlook' given on 5 October Thomas Hoenig of the Federal Reserve Bank of Kansas City said the combination of rising price pressures from wages and commodities means U.S. central bank policy-makers must be…
Dallas Fed's Fisher on the economic outlook
In the speech 'A perspective on the economic outlook' given on 4 October Richard Fisher of the Federal Reserve Bank of Dallas said the Fed needed to be vigilant on inflation and warned a loose fiscal policy risked pushing interest rates higher.
St Louis's Poole: How predictable is Fed policy?
In the speech 'How predictable is Fed policy?' given on 4 October William Poole of the Federal Reserve Bank of St. Louis said the Federal Reserve has no timetable to alter its policy statements but when that change comes it would signal the end of the…
Asian integration and the IMF
In this commentary article IMF Managing Director Rodrigo de Rato says the next step for Asia should be to develop more resilient national and regional financial markets. This would further reduce vulnerabilities by improving the channeling of savings and…
NY Fed welcomes derivatives markets commitment
The Federal Reserve Bank of New York said on Thursday 6 October it welcomes the initial commitments made by fourteen major market participants to improve the infrastructure that supports the credit derivatives markets.
BSP launches 'Save your money in banks' campaign
When you deposit your money in banks, they will nurture your money to grow, making it also work for you. This was the claim of the Bangko Sentral ng Pilipinas (BSP) in its campaign for bank savings, according to information gathered by the Philippine…
Comment: The Old Lady stands her ground
The Bank of England's decision to turn down a settlement offer from the Bank of Credit & Commerce International's (BCCI) liquidator, Deloitte, in the ongoing litigation case related to the BCCI's collapse in 1991, shows how tough the Bank can be when…
Eurosystem currency reserves down
The European Central Bank said net foreign currency reserves in the eurosystem decreased by 0.7 bln eur to 165.4 bln in the week ending 30 September.
Canada's Dodge says G7 wary of global deflation
The G7 needs to move swiftly to correct global imbalances in savings and investment or face the risk of worldwide deflation within ten years, Bank of Canada governor said on Tuesday 4 October.
Venezuela transfers $20 bn reserves to BIS
Venezuela has transferred $20 billion worth of its reserves to the Bank for International Settlements in Switzerland, Venezuela's central bank director Domingo Maza Zavala was quoted as saying, confirming comments by President Hugo Chavez last week.
Forex volatility a concern for RBI
The Reserve Bank of India is concerned about volatility in the rupee's exchange rate, RBI deputy governor Rakesh Mohan said on Wednesday 5 October.
Buba's Meister regrets US delay on Basel II
A European Central Bank official responsible for bank oversight, Bundesbank board member Edgar Meister, said on Wednesday 5 October that the delay in implementing parts of Basel II in the US was regrettable.
Financing conditions in the euro area
According to this Occasional Paper from the ECB, for central banks, the monitoring of financing conditions plays a pivotal role in assessing the actual transmission of monetary policy impulses to borrowers.
Walk, don't run, to the eurozone
This article asks why the Czech Republic is in such a hurry to join the euro? After all, Britain's GDP is growing significantly faster than overall levels in the eurozone, it says.
Argentina explains: Why gold?
According to this article published on Tuesday 4 October, suggestions that the Central Bank of Argentina, along with other South American nations, might increase its gold holdings has now become a realistic scenario.
IMF rebuffs US Treasury on China - Bravo!
After years of marginalization and soul-searching, the IMF seems to be finding its voice again, according to this article published on Wednesday 5 October. IMF chief Rodrigo de Rato isn't about to do the US's dirty work, by branding China as a currency…
'The Region' from the Minneapolis Fed, Sep 2005
The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for September 2005. The article "Payments system issues and challenges" asks why the market, not the Fed, is the prime mover in the U.S. payments system. The latest…
Sweden's Nyberg on financing of deposit insurance
In the speech 'Financing of deposit insurance - a central banker's perspective' given on 15 September Lars Nyberg of the Sveriges Riksbank said to the extent that central banks are concerned with financial stability, there is an important reason for the…
Comment: Roach slates Greenspan
Do Alan Greenspan's recent comments regarding the relationship between asset prices, monetary policy and macroeconomic stability present an about-face on some of his most controversial views? If so, what does this mean for the person who is to succeed…
Bank of England rejects BCCI settlement offer
The Bank of England said on Tuesday 4 October that it had rejected a recent approach to settle a £1 billion lawsuit involving the collapse of Bank of Credit and Commerce International (BCCI).
IMF official calls for BOJ to 'be cautious'
A senior International Monetary Fund official on Monday 3 September urged the Bank of Japan to "be cautious" about ending its quantitative credit easing policy.
BoJ's Haru sees chance to lift super-loose policy
Hidehiko Haru, one of the Bank of Japan's nine policy board members said the BoJ sees the possibility of lifting its four-and-half-year long ultra-loose monetary policy in early 2006, but cautioned that the move would not be rushed.
Wellink warns against protectionism over China
Dutch central bank President and ECB Governing Council member Nout Wellink said Monday 3 September that European countries shouldn't resort to protectionism as a response to increased competition from China.
Atlanta's Guynn says Fed work not done on rates
Atlanta Federal Reserve President Jack Guynn said in an interview on Monday 3 October that the Federal Reserve's 15-month interest rate hike campaign still has "a way to go" before completion.