Governance
Bullard says US government should scrap CPI inflation targeting
The St Louis Fed president believes switching to the Fed's PCE measure would provide clarity to the public about which measure more accurately reflects consumer price inflation
Leo Leiderman nominated as Bank of Israel governor
Bank Hapoalim chief economist picked to replace the departed Stanley Fischer; deputy governor Karnit Flug will step down after missing out on top job for second time
Frenkel drops bid to be next governor of the Bank of Israel
Jacob Frenkel withdraws candidacy for the post of governor at the central bank amid public furore; Israeli government may turn to Karnit Flug
Bank of Albania governor says banking is country's 'greatest driver of growth'
Ardian Fullani added that European integration was the best way to withstand the current crisis and guarantee stable economic growth in the long term
ECB's Cœuré and Asmussen call for published minutes
Public account 'should include who voted for what, and the reasoning behind that vote', say executive board members; move would bring ECB in line with other major central banks
Peru's congress axes central bankers one week after appointment
New directors at the central bank are among recent government appointees who have been rejected following street protests
Libyan governor and deputy jobs up for grabs
General National Congress invites applications for the top two roles at the Central Bank of Libya; governor Saddek Elkaber only two years into a five-year term
People: Shirakawa returns to teaching; Bank of Ghana gets new deputy governor
Masaaki Shirakawa takes up position at a private university in Tokyo; Abdul-Nasirhu Issahaku called on to bring World Bank experience to Bank of Ghana; Rod Carr appointed to chair RBNZ board
Top diplomat wins race to replace Tucker at Bank of England
The UK's EU ambassador will take over responsibility for financial stability at the bank after Paul Tucker starts a teaching job at Harvard in October
Nalm Asia 2013: Central banks should to look to ‘complexity science' to model economic systems
Central banks need to rethink their approaches to modelling financial markets if they want to deploy better predictive models in the future, according to speakers at Nalm Asia 2013
RBI deputy sets out Reserve Bank strategies to fund urban infrastructure development
Reserve Bank is tweaking regulation to ensure finance can get through to urban infrastructure projects; urbanisation is ‘an important determinant of national economic growth and poverty reduction'
People: NY Fed communications head resigns; Riksbank names acting financial stability chief
NY Fed's Krishna Guha leaves his position with immediate effect but will stay on as senior adviser until September; Martin Johansson will lead the Riksbank's financial stability department; and more
Central Bank of Hungary moves to shut IMF's Budapest office
Central bank governor György Matolcsy says Hungary has almost completed its stand-by arrangement, so the IMF's work there is done; Hungary's relationship with the fund has been turbulent
Central Bank of Trinidad and Tobago releases 2012 annual report
CBTT annual report reviews efforts by central bank to promote economic recovery and resolve failed financial institutions
People: Fed governor resigns; Bank of England HR chief finds herself new role
Elizabeth ‘Betsy' Duke to quit the Fed, 19 months after her term officially expired; BoE's executive director for human resources to take new job in the private sector
ECB and Macedonian central bank complete co-operation programme
ECB's Jörg Asmussen says in Skopje that a strong EU has to be based on strong national institutions; report finds Macedonian central bank ‘equal or close to EU standards in many areas'
Banque de France launches mobile app
Users can access key statistics, speeches, news and other information from the French central bank through their mobile phone
Eurozone’s unique policy framework creates communication confusion, ECB paper shows
Political communication has a quantifiable effect on sovereign bond spreads – at least in the short term, authors argue
Central Bank of Cyprus ‘moving in direction’ of more active board
David Lascelles says interim report on Cypriot banking sector has been well-received; hopes parliament will sanction a ‘more democratic’ board
Lithuanian governor lays out economic priorities for Council of EU
Vitas Vasiliauskas says European policy-makers have proven they are ‘ambitious architects’ but must now demonstrate they are ‘good constructors’
People: Senior roles filled at the EBA; Atlanta Fed appoints new HR head
The European Banking Authority has elected Portugal's Pedro Duarte Neves to the role of alternate chairperson; Atlanta Fed promotes Blake Lyons, who will also advise the bank's management committee
Iceland central bank closes last vault outside of Reykjavik
Vault closure is the culmination of a 10-year review of the bank's role in distributing banknotes around the sparsely populated island nation
Mark Carney era underway at Bank of England
Expectations are high the new Bank of England governor will introduce forward guidance; academics point out he will first need to win over a divided MPC
Cyprus central bank told to dilute governor power
Independent report says too much power was concentrated in the governor’s hands in the build-up to the recent Cypriot crisis; calls for new policy-setting committee with non-executive majority