Claire Jones
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Articles by Claire Jones
Debt holders must share the pain: Tucker
Bank of England deputy governor Paul Tucker says bondholders must be ready from the start to share in losses should a bank get into trouble
Yellen to replace Kohn as Fed vice chair?
Obama administration likely to pick arch dove to replace Kohn
Interview with Takatoshi Ito
Takatoshi Ito, a professor at the University of Tokyo, discusses whether recent comments by Japan’s finance minister undermine the central bank’s independence
Austria’s Nowotny: power of rating agencies unacceptable
National Bank of Austria’s Ewald Nowotny says agencies’ role in fate of Greece too great
King on QE: we’ve filled a hole
Bank of England governor says pumping £200 billion into economy averted “very serious contraction” in money supply; flags concerns over eurozone’s stuttering recovery
Hungarian rate falls to record low
National Bank of Hungary rate-setters slice a quarter point off key rate, now at all-time low
Argument for QE hold “finely balanced”: Bank
Bank of England’s Monetary Policy Committee all backed decision to pause on QE, but for some vote a close call
Bank plays down inflation threat
Above-target inflation likely to soon abate, Bank of England’s governor says in letter to chancellor of the exchequer
ECB beefs up financial stability wing
European Central Bank readies itself for the establishment of European Systemic Risk Board; appoints director general
Mooted Fed policy shift presents dangers
Changing its operating target to the interest on reserves tool could be the best available fix for the Federal Reserve as it implements its exit strategy. But it is a process that poses risks
Fed mulling switch to new policy rate
Federal Reserve’s Ben Bernanke says officials mooting the use of interest on reserves as benchmark target
Triple A rating “ours to lose”: King
Bank of England’s Mervyn King says downgrade unlikely given Britain’s strong track record and maturity of government bonds
Ex-Bank deputy wants shift in monetary policy remit
Former Bank of England deputy governor and Financial Services Authority chairman Howard Davies calls for central banks to broaden ambit of monetary policy; insists supervision best handled outside the central bank
Watch money growth like ECB does: Trichet
ECB president Jean-Claude Trichet says the central bank has always considered monetary aggregates in its policy decisions, and urges the rest of the world to do so
Zim’s Gono to meet Biti, Mugabe over diamond seizure
Reserve Bank of Zimbabwe’s Gideon Gono to meet with president and finance minister after police seize a reported 29kg of diamonds from the central bank
UK FSA chief executive in quit surprise
Financial Services Authority’s Hector Sants surprises City with decision to depart in the summer after three years as chief executive
BoJ more optimistic on growth, deflation
Bank of Japan lifts economic projections in sign it sees policy as sufficient
Senior lawmaker calls for SARB nationalisation
African National Congress official says the South African Reserve Bank, one of the few privately-owned central banks, should be nationalised; comments seen as part of encroaching politicisation of policy
Argentina’s Redrado clings to position
Buenos Aires wants former governor Mario Blejer to take over following governor’s questioning of plan to raid reserves
ECB’s Stark: EU won’t bail out Greece
Markets see rhetoric as an attempt to pressurise Athens into making fiscal adjustments
Basel Committee unveils radical agenda
Liquidity and capital proposals alter definition of capital, introduce global leverage ratio