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Riksbank explains sharp adjustment
With this note, the Swedish central bank explains why its recent interest rate cuts have taken rates lower than the level contained in its December forecast.
Crisis timeline by the St Louis Fed
The Federal Reserve Bank of St Louis has created a website that documents the major events in the global financial crisis that started in 2007.
Egypt sees first cut for nearly three years
The Central Bank of Egypt cut interest rates for the first time since April 2006 on Thursday.
Fisher gets markets job
Paul Fisher has been appointed as the new executive director for markets of the Bank of England. Fisher will start in his role on 1 March and will also sit on the monetary policy committee (MPC).
Chile slashes rates to 4.75%
The Central Bank of Chile confounded market expectations by reducing the cost of borrowing by a full two-and-half- percentage points on Thursday.
Canada backs IMF as global regulator
Jim Flaherty, the Canadian finance minister, said that, rather than a new watchdog, the International Monetary Fund (IMF) should oversee international bank regulation.
Kamezaki on the causes of the crisis
Hidetoshi Kamezaki, a member of the Bank of Japan's board, said economies and financial markets are constantly changing due to the expansion of the market economy and globalisation.
Finding equilibrium in complex markets
This IMF Working Paper provides a brief overview of the implications of computational complexity for economic modelling.
"Leaning against the wind" to rise - Stevens
Glenn Stevens, the governor of the Reserve Bank of Australia, expects the view that monetary policy should "lean against the wind" when asset prices are rising will gain in followers in the aftermath of the current market turmoil.
Korea cuts again
The Bank of Korea has slashed interest rates for the sixth time in four months, bringing the cost of borrowing to a record low of 2% and suggesting that further cuts could be in store.
World Bank finds extra board seat for Africa
Sub-Saharan Africa will gain a seat at the Executive Board of the World Bank and developing countries voting power in the bank will be raised to 44% as part of governance reforms approved by the Bank's governing board.
Sri Lanka lowers rates as inflation falls
Sri Lanka's policymaking Monetary Board cut rates at its regular monthly meeting this week as figures showed inflation had moved into a rapid decline.
Carney sees "muted" 3.8% recovery in 2010
In testimony before parliament earlier this week, Mark Carney, the governor of the Bank of Canada, described the Bank's expectation of a 3.8% recovery in real GDP growth in 2010 as "muted".
Fed to undergo "thorough review" of communication
Don Kohn, the vice-chairman of the Federal Reserve, will lead a committee to look at how much the central bank releases about its lending policies.
How to measure global inequality
World inequality cannot be measured with the same tools as applied at a national level, says a new research from the Bank of Italy.
China's financial liberalisation success
Liberalisation of China's financial system reduced its vulnerability, posits a new paper from the Hong Kong Monetary Authority.
Swiss's Hildebrand - bring on tough regulation
The Swiss National Bank would give unconditional support to more stringent regulation, said Philipp Hildebrand, the vice-chairman of the central bank.
NY Fed's Dudley: the Tips are good
The benefits of the treasury inflation protected securities (Tips) programme exceed its costs, said William Dudley, the president of the Federal Reserve of New York.
Reactions to Tarp 2
Initial reaction on the new financial industry bailout plans announced on Tuesday, suggest that investors and observers are underwhelmed by the lack of details available at this stage and fear that the measures will continue to fall short of the…
Zim's Gono turns on rand anchor
The governor of the Reserve Bank of Zimbabwe, Gideon Gono, has been quoted as welcoming the idea of pegging the country currency to South Africa's rand.
King presents gloomy outlook
The Bank of England has revised its forecast for growth in the British down sharply and says the recovery will depend "to a significant extent on developments in the rest of the world where a severe economic downturn has taken hold."
City regulator resigns after furore
Sir James Crosby has resigned as deputy chairman of the Financial Services Authority (FSA) in Britain, following allegations that he sacked a senior risk manager at HBOS, a bank Crosby headed, who raised concerns over the risk exposure of the bank.
Mexico's Ortiz: crisis demanded FX strategy shift
The Bank of Mexico had to directly intervene in foreign-exchange markets for the first time for more than a decade earlier this month because of the severity of the impact of the crisis on currency trading, Guillermo Ortiz, the governor of the Bank of…
Cash holding on the rise
Notes and coins in circulation were on average 1.1% higher than December, new data from the Bank of England show.