Monetary Policy
Swiss stability maintained through tighter regulation: SNB board member
Thomas Jordan, a member of the Swiss National Banks’ governing board, also says record low interest rates could lead to excessive behaviour in mortgages and real estate again
Morocco to cap reform with price target
Governor tells CentralBanking.com that Bank Al-Maghrib is preparing to adopt inflation target
Interview with Abdellatif Jouahri
The governor of Bank Al-Maghrib talks to CentralBanking.com about the success of the country’s financial reform efforts
Bagehot in the beginning
Norges Bank research charts the development of lender-of-last-resort support in the mid-19th century
Israel’s Fischer held in line with majority view
Bank of Israel minutes show governor’s decision to hold was backed by majority of officials
Interview: Heng Swee Keat
In an exclusive interview, the managing director of the Monetary Authority of Singapore discusses the impact of the financial crisis and how monetary and regulatory policies will change as a result
Hungary split on cut
Rate-setters from the National Bank of Hungary were divided over the size of the cut required, according to minutes of the October policy meeting
Rate decisions this week
The majority of central banks that reviewed rates this week made no change, pointing to the need for a sustainable recovery
Restoring normality to the financial system
John Nugée identifies six key areas that central banks need to consider in attempting to establish the new normal
Negative interest rates for the euro area?
Recent Taylor rule studies have suggested the Fed should have negative interest rates. Janko Gorter, Jan Jacobs and Jakob de Haan investigate the same question for the euro area.
How Yam secured his place in history
Tony Latter assesses the career of the recently retired Joseph Yam at the helm of the Hong Kong’s monetary authority.
A trans-Tasman comparison
Rodney Dickens argues that the New Zealand central bank is reverting to bad old habits.
China’s precarious balancing act
Hui Feng argues that monetary accommodation will remain in place for some time
Buba's Weber cautions on leaning against wind
Bundesbank's Axel Weber adds that financial stability is not just a buzzword
Special measures working: BoJ
Minutes of October meeting underline policymakers' faith in unconventional policy tools
HKMA policy eased post-Lehman stress
Hong Kong Monetary Authority looks at the effectiveness of its policy response to the dislocations and stress in the local interbank and FX swap markets after Lehman collapse
Bank compromises with £25 billion QE expansion
Bank of England rate-setters vote for moderate expansion of quantitative easing, citing conflicting economic pressures
Iceland cuts rates on krona strength
The Central Bank of Iceland shears rates and hints at further reductions as the krona regains stability
Fed remains guarded on rate hike
Federal Open Market Committee keeps key rate and tone unchanged; caps agency debt purchase programme at $175 billion
National Bank of Romania – Annual Report 2008
Central bank’s report finds that the country slipped backwards on Maastricht convergence criteria for euro adoption
Riksbank rate on hold until next autumn
Swedish central bank says benchmark rate to remain at record low for the next 12 months
Ireland on how to make better forecasts
Central Bank and Financial Services Authority of Ireland looks at whether modelling structural change improves macroeconomic forecasting
Nigeria tackles subdued growth
Nigeria’s central bank holds rates, but introduces a corridor around key rate to encourage lending
Australia hikes rates again
The Reserve Bank of Australia raises cash rate by 0.25% for the second time since October; Stevens says the worst is over