Central Banking staff
Follow Central Banking
Articles by Central Banking staff
UK Treasury Report - Andrew Large's Appointment
REPORT - UK Treasury Select Committee report on the appointment of Sir Andrew Large as a Deputy Governor of the Bank of England and Member of the Monetary Policy Committee, released 30 September. The committee concluded, 'We are satisfied that Sir Andrew…
Bank of Israel - Annual Report 2001
ANNUAL REPORT - The Bank of Israel has published its Annual Report for the year ended 2001.
Central Bank of China (Taiwan) - Annual Report 01
ANNUAL REPORT - The Central Bank of China has published its Annual Report for the year ended 2001.
Chicago Fed National Activity Index, August 2002
REPORT - CFNAI indicates economy slowed in August - In August, the Chicago Fed National Activity Index (CFNAI) fell to its lowest level since December 2001, largely as a result of weakness in the production- and employment-related data. The CFNAI fell to…
Philadelphia Fed Business Outlook Survey
REPORT - Results from August's Business Outlook Survey show for the first time this year, manufacturing firms' responses from the Business Outlook Survey indicate a slight decrease in activity. Indicators of general activity, new orders, and shipments…
Speech by Susan Schmidt Bies of the Fed, 28 Sep
SPEECH - In the speech titled 'Bank Performance and Corporate Governance' Bies said that following sound accounting, auditing, and disclosure practices consistently is crucial to maintaining the confidence of capital and financial markets. We should…
Speech by Second Minister for Finance, MAS, 23 Jul
SPEECH - In the speech the Minister for Health and Second Minister for Finance said Singapore has progressively evolved away from the system of a fixed exchange rate since the Singapore dollar was floated in 1973.
Egyptian foreign reserves rise to 14.147bn dollars
EGYPT - The Egyptian economy has rebounded by showing a marked improvement in June 2002 in comparison to the previous month, according to a report released by the Central Bank of Egypt.
Polish central bank confirms 2003 inflation target
POLAND - Criticism of the government's 2003 budget draft has begun to eat into some of its expectations. The Monetary Policy Council (RPP) and central bank are especially dubious with regard to the economic growth rate, set at 3.5 percent by Finance…
Thai cen bank - Banks must improve risk management
THAILAND - The Bank of Thailand has revised its regulations related to the way financial institutions review lending, loan obligations and related reporting.
IMF, World Bank meetings in 2006 in Singapore
SINGAPORE - The International Monetary Fund and World Bank's annual meetings are likely to attract 15,000 delegates and S$30 million when they are staged at Singapore's Suntec City in 2006.
Monetary Hawks and Doves
ARTICLE - In an article from the Ludwig von Mises Institute Mark Thornton, a senior fellow of the Mises Institute, suggests that differences occur in the propensity for Fed governors to be given the tag of either dove or hawk on their FOMC voting habits…
NY Fed's McDonough says Brazil should be fine
US - New York Federal Reserve President William McDonough said on Monday that the crisis of confidence in Brazil would likely turn out all right.
Chicago Fed national activity index drops in Aug
US - The Federal Reserve Bank of Chicago said on Monday its National Activity Index fell in August to its lowest level since December 2001, dragged down by weakness in production and employment data.
Plastic Rs 500-notes coming soon in India
INDIA - Plastic money will soon gain currency in India. Currency notes, printed on a special, thin PVC (poly vinyl chloride) film, are likely to replace their paper counterparts from 2003.
Banks must improve for new Sept 11-Swiss Nat Bank
SWITZERLAND - Financial institutions must take possibly costly steps to improve the global banking system's ability to handle another event like the September 11 attacks on the United States, a top central banker said on Monday.
Fed's McTeer: Faster economic growth 'essential'
US - Federal Reserve Bank of Dallas President Robert McTeer, who pushed unsuccessfully for lower interest rates at a Fed policy meeting last week, said on Monday it was essential for the U.S. economy to grow faster.
Russian central bank head expects same reserves
RUSSIA - Russia's gold and foreign exchange reserves will close this year at the same level they are at now, Central Bank chairman Sergei Ignatyev said on Monday.
Cen bank of Korea, Japan, China to meet regularly
KOREA - The central bank governors of South Korea, China and Japan have agreed to hold their first regular meeting in Beijing next spring in order to enhance economic ties.
GCC central bank & monetary union - How realistic?
ARTICLE - The year is 2010. A young Harvard-educated Saudi, Khalid Al-Ibrahim, has just been named the first president of the new Gulf Central Bank (GCB). He is assisted by a board of directors comprising five other members, mostly former central bankers…
Minutes of the Federal Open Market Committee
MINUTES - The Federal Reserve on 26 September released the minutes of its FOMC meeting of 13 August. All the members indicated that they could accept, and most said they preferred, a proposal to shift the Committee's assessment of the risks to the…
Reserve Bank of New Zealand Bulletin, September
REPORT - The Reserve Bank of New Zealand on Monday released the September 2002 issue of their Bulletin. This issue of the Bulletin explores aspects of the two core objectives of modern central banks - price stability and financial system stability.
Speech by 2nd Minister for Finance, MAS, 23 Jul
SPEECH - In the speech the Minister for Health and Second Minister for Finance said the banking industry in Singapore has introduced new technologies to improve this cheque clearing process. He gives an example of this is the magnetic-ink character…
CentralBankNet Monday Special Feature
SPECIAL FEATURE - Andrew Large became the latest member of the Bank of England's Monetary Policy Committee (MPC) to be quizzed by the panel of UK politicians which make up the Treasury Committee on Monday 23 September. In today's Special Report we ask…