Central Banking staff
Follow Central Banking
Articles by Central Banking staff
Risks await in raising interest rates
FEATURE - If central bankers are 100 per cent sure that interest rates need to start rising, it is probably too late reports Tuesday's Financial Times.
Brash hits back at dissent on growth policy
FEATURE - Former New Zealand Reserve Bank governor Dr Don Brash has hit back at the view that the bank's approach to monetary policy hobbles economic growth reports the New Zealand Herald on Tuesday.
Bank of Greece picks Garganas as new governor
GREECE - The Bank of Greece on Monday picked Deputy Governor Nicholas Garganas to succeed Lucas Papademos at the helm of the central bank and fill a seat on the governing council of the European Central Bank.
Mboweni urges Deutsche Bank disclosure
SOUTH AFRICA - SA Reserve Bank governor Tito Mboweni on Monday said it was important that details of a deal struck between the SARB and Deutsche Bank be made available to the rand commission of inquiry.
Argentina's governors support Duhalde
ARGENTINA - Argentina's president won backing Monday from powerful provincial governors for his attempts to obtain an international bailout package to pull Argentina out of financial crisis. But, he warned, "time is running out."
Philippines to make bid to FATF
PHILIPPINES - Philippine financial regulators are to meet with officials of the Paris-based Financial Action Task Force (FATF) next week in a fresh bid to be removed from a list of money laundering havens.
Norges Bank Press Release
PRESS RELEASE - Satisfactory financial stability - despite high credit growth, 28 May.
Speech by David Dodge of Bank of Canada, 24 May
SPEECH - Convocation address by David Dodge, Governor of the Bank of Canada to the graduating class of the Faculty of Engineering, Queen's University, Kingston, Ontario, 24 May.
New £5 coin would make more sense
LETTER - A letter published in the London edition of the Financial Times on 28 May.
Reserve Bank of Australia 2002 Conference
CONFERENCE - The Reserve Bank of Australia 2002 conference 27-28 May, jointly organised with the Australian Treasury, is on the topic: 'Globalisation, Living Standards and Inequality: Recent Progress and Continuing Challenges'.
Speech by Eugenio Domingo Solans, ECB, 24 May
SPEECH - In a speech titled 'Monetary integration in Europe: some past and present experiences' Solans says that one conclusion we can draw from the European experience is that full monetary integration is the final result of a long process of previous…
Mboweni willing to tell all
SOUTH AFRICA - South African Reserve Bank governor Tito Mboweni on Monday said he was willing to disclose details of a confidential deal reached between the SARB and Deutsche Bank to boost South Africa's foreign exchange reserves.
Japan hits out at ratings downgrade
JAPAN - As Japan braced for a possible two notch downgrade to its sovereign credit rating next week, the Ministry of Finance stepped up its war of words with the world's leading rating agencies by restating its belief that they are misguided.
Japan 'to show strong growth'
JAPAN - Recoveries in exports and consumer spending will drive robust growth in Japan's economic output, leading researchers have predicted.
Problem with ink found on new Bank of England note
UK - The Bank of England began an urgent investigation Monday after several people reported that serial numbers on new, anti-counterfeit bank notes had rubbed off on their hands.
Warning from Bank of England over euro timetable
UK - Ministers must not be tempted into shortening the timetable for scrapping the pound if Britain votes to join the euro, the Bank of England has warned.
Polish central bank sees independence under threat
POLAND - Poland's government threw down the gauntlet in its fight with the central bank yesterday by backing legislation that, if signed into law, would compromise its independence.
Posh jobs
FEATURE - Former directors of Equitable Life who are being sued for more than £3bn will turn green with envy if they cast an eye over the Bank of England's annual report. In a section on governance and accountability, it makes clear that the Bank's Court…
Bank of Korea chief cites peril of 'cronyism'
SOUTH KOREA - Park Seung, the Bank of Korea governor, recently said that he offered Finance and Economy Minister Jeon Yun-churl his view on the appointment of a new member of the central bank's monetary policy committee.
National Bank of Azerbaijan proposes name change
AZERBAIJAN - The Azeri Parliament is preparing to ask the government for the National Bank of Azerbaijan (NBA) to be renamed the Central bank of Azerbaijan the chairman of the parliamentary committee for economic policy, Sattar Safarov has said.
Bank of England News release, 27 May
NEWS RELEASE - Practical Issues Arising from the Euro - May 2002.
Code of conduct for the ECB's Governing Council
REPORT - Code of conduct for the Members of the Governing Council of the European Central Bank, 24 May.
European Central Bank Publication
REPORT - The Eurosystem's terms of reference for the use of cash- recycling machines by credit institutions and other euro area institutions engaged in the sorting and distribution of banknotes to the public as a professional activity, 24 May.