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Central Bank of Chile - Financial Stability Report
The main threat to the Chilean economy's financial stability is a contraction in the supply of external funds, notes the latest Financial Stability Report form the Central Bank of Chile.
Central Bank of Turkey - Inflation Report
Turkish inflation is likely to undershoot the 7.5% inflation target in 2009, notes the Central Bank of Turkey's January Inflation Report.
IMF identifies early indicators of bank weakness
Research from the International Monetary Fund identifies a set of indicators and thresholds to distinguish between sound banks and those vulnerable to financial distress.
Zim's Gono: sanctions responsible for collapse
Gideon Gono, the governor of the Reserve Bank of Zimbabwe, has said that sanctions are to blame for Zimbabwe's economic collapse and that printing more money was essential for his people's survival.
ECB officials signal reluctance to cut to zero
Two senior officials at the European Central Bank (ECB) have indicated that the Frankfurt-based institution remains reluctant to follow the Federal Reserve's lead in cutting rates to near zero.
Tetangco on bank security in the Philippines
Bank security management goes beyond guard deployment and monitoring, said Amando Tetangco, the governor of the Central Bank of the Philippines.
Israel cuts to record low, economy to shrink
The Bank of Israel slashed its key rate by 75 basis points to an all-time low of 1% on Monday and said that it now expected the economy to contract by 0.2% in 2009.
Kuwaiti SWF to take 16% stake in Gulf bank
The Kuwait Investment Authority, a sovereign wealth fund, has taken a 16% share in one of the country's largest banks.
IMF to cut growth forecast to 1% to 1.5% - report
The International Monetary Fund (IMF) now expects global growth of between 1% and 1.5% in the coming year, down from its November estimate of 2.2%, say reports.
ECB's warns against dangers of fiscal excess
The latest European Central Bank Monthly Bulletin calls for governments to spend cautiously.
Labour markets matter for ECB policy
Disturbances in the wage-bargaining process are a significant contributor to inflation and output fluctuations in euro-area, a paper from the Philadelphia Federal Reserve finds.
T&T's Williams: we can withstand recession
Trinidad and Tobago can accommodate a moderate level of deficit financing and withstand recession, said Ewart Williams, the governor of the Central Bank of Trinidad and Tobago.
Canadian economy to contract this year
Canadian GDP will decline by 1.2% in 2009 and rebound by 3.8% in 2010, according to the Bank of Canada's Monetary Policy Report Update.
PM's adviser wants RBI to cut rates
Suresh Tendulkar, an economic adviser to the Indian prime minister, has said that the Reserve Bank of India should cut rates in the coming week.
UK lawmakers want all the gore on bank lifelines
An influential group of British lawmakers have called for the UK Treasury to be much more open in detailing the liabilities taken on by its ownership of stakes in some of the country's biggest banks.
Vietnam slashes to meet growth target
The State Bank of Vietnam cut its base interest rate by 150 basis points to 7% on Friday, taking borrowing costs to half of the level they were last summer.
Sack governor, Ukraine PM tells president
Viktor Yushchenko, Ukraine's president, on Friday rejected renewed calls by Yulia Tymoshenko, the country's prime minister, to sack Volodymyr Stelmakh, the governor of the country's central bank.
China "notes" Geithner renminbi claims
An official at the People's Bank of China has said the central bank had noted US Treasury secretary designate Tim Geithner's claims that President Barack Obama believes Beijing is manipulating the renminbi to boost exports.
Brazil slashes, signals further easing
The Central Bank of Brazil made its most aggressive cut in more than five years on Wednesday and hinted it would ease rates further in the coming months.
FSA chairman outlines reform agenda
Lord Adair Turner, the chairman of the Financial Services Authority (FSA), Britain's financial supervisor, on Wednesday presented his vision of how regulation needed to change.
Kazakhstan turns again to Marchenko
Grigory Marchenko will serve a second spell as governor of the National Bank of Kazakhstan.
IMF to revise figures on worsening outlook: DSK
The economic crisis is deepening and the International Monetary Fund (IMF) will lower its growth estimates as a result, Dominique Strauss-Kahn, the managing director at the Fund, has said.
BoJ sees falling prices, will buy corporate bonds
Prices will fall in the world's second-largest economy in 2009 and 2010, senior officials at the Bank of Japan predict. The central bank also announced it would buy corporate bonds and begin purchases of commercial paper later this month.
The risks are justified: SNB's Hildebrand
The current crisis is the most complex and the most serious of the post-war period, and demands unconventional action from the Swiss authorities, said Philipp Hildebrand, a member of the governing board at the Swiss National Bank (SNB).