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Norway cuts to a record low
Norges Bank on Wednesday cut its key rate by half a point to an all-time low of 1.5% on signs that the global recession was having an adverse impact on the domestic economy.
The best methods for estimating trend inflation
Trend inflation forecasts estimated by the exclusion method and the principal component technique have strong predictive power on future changes in headline CPI or PCE inflation, new research from the Hong Kong Monetary Authority posits.
Cayman Islands Monetary Authority - Ann Rep 07-08
The growing size and complexity of the financial services industry placed increasing demands on the Cayman Islands Monetary Authority during 2007-08, said Cindy Scotland, the managing director of the central bank, in the institution's latest Annual…
Fed's Yellen: recovery will not be V-shaped
The recession will end in the second half of this year, but it will not be a V-shaped recovery, said Janet Yellen, the president of the San Francisco Federal Reserve.
Systemic rules a key challenge: Fed's Rosengren
Some of the most challenging issues on the regulatory agenda surround the role and powers of the institutions charged with systemic regulation, Eric Rosengren, the president of the Boston Federal Reserve, has said.
FDIC recruits former Fed counsel
Michael Bradfield, a former head of the Federal Reserve's legal team, has been named general counsel of the Federal Deposit Insurance Corporation (FDIC).
France explains Sepa delay
The French National Single Euro Payments Area (Sepa) Committee has justified its decision to delay the implementation of Sepa Direct Debit until November 2010, a year after the first available start date.
Riyadh to host regional central bank
Saudi Arabia's capital has been named as the location for the Gulf's regional central bank, after an eight-month delay.
SNB's Jordan: exit from zero-rate policy tricky
Pinpointing the optimal date for exiting from the current zero interest-rate policy of the Swiss National Bank will be critical, said Thomas Jordan, a member of the institution's Governing Board.
France bails on Sepa Direct Debit
The French National Single Euro Payments Area (Sepa) Committee, set up and chaired by the Banque de France and the French Banking Federation, has opted to delay the implementation of Sepa direct debit by a year to November 2010.
National Bank of Romania - Annual Report 2007
Two-thousand-and-seven was a challenging year for Romanian economy, the country's central bank notes in its latest Annual Report.
Renminbi's exchange-rate impacts China's trade
China's trade balance is sensitive to fluctuations in the renminbi's real effective exchange rate, new research from the Bank for International Settlements posits.
Fed's Lacker sees end of year recovery
Jeffrey Lacker, the president of the Richmond Federal Reserve, expects the recession to end later this year.
ECB's Papademos: injections staved off collapse
The expansion of liquidity to the eurozone's banks since August 2007 has ensured that a systemic crisis was averted, said Lucas Papademos, the vice president of the European Central Bank.
Sell to central bank: Caracas tells gold producers
The Venezuelan government said on Monday that local gold manufacturers must triple the amount that they offer for sale to the country's central bank.
ASEAN agree on Chiang Mai
The 13 countries participating in the Chiang Mai Initiative to create bilateral currency swaps have reached an agreement on the main components of the scheme.
SNB's Hildebrand wants global bankruptcy code
Philipp Hildebrand, a member of the Swiss National Bank's governing board who will take the helm next year, has called for global insolvency standards as a means to handle the too-big-to-fail and too-big-to-save problems.
Fed's Hoenig pans US crisis approach
Thomas Hoenig, the president of the Kansas City Federal Reserve, has criticised several aspects of the United States's crisis response.
Bangladesh Bank - Annual Report 2007-2008
The Bangladeshi economy expanded at a satisfactory pace during the 2008 financial year despite a number of natural disasters, notes the latest Annual Report from the country's central bank.
Basel II won't ward off systemic threat
Risk-based capital regulation is inadequate for protecting the financial system as a whole, research published by the Dallas Federal Reserve reveals.
Canada's mortgage market imperfectly competitive
Canada's residential mortgage market is imperfectly competitive, a paper published by the country's central bank posits.
Roubini praises Geithner
Nouriel Roubini, the economist most often identified as having predicted the crash, has complimented Tim Geithner for his performance as the United States treasury secretary and as head of the New York Federal Reserve.
Guyana set to take on insurance role
The Bank of Guyana's regulatory ambit may expand to include the state's insurance industry if legislation tabled by the government on Thursday is passed.
Swine flu panic over at World Bank
The World Bank has said that employees could return to work on Friday after none of the staff exposed to a colleague thought to have contracted swine flu exhibited any symptoms.