Monetary Policy
Recession-hit Turkey cuts rates
Central bank surprises markets with a half-point reduction
Key questions for Marcus
Gill Marcus, governor-designate of the South African Reserve Bank, will have her work cut out in maintaining the central bank’s hard-won credibility
Bagehot 's tenets needs to be revised
New York Federal Reserve investigates whether Bagehot’s 19th lender-of-last-resort doctrine still applies
Prices increases of manufactured goods low
Reserve Bank of Australia looks at price movement
China’s reserves exceed $2 trillion
China’s foreign-exchange reserves reach a new record high
Monetary policy for small economies
Bank of Albania publishes volume on monetary-policy strategies for small economies
Japan extends special measures to 2010
Bank of Japan says credit easing and dollar liquidity provision will last until at least the end of this year
European Central Bank – July Monthly Bulletin
ECB calls on euro-area governments to prepare fiscal exit strategies
No need for further euroisation in Cape Verde
International Monetary Fund finds that Cape Verde’s peg to the euro suits its economy just fine
BoE’s Bean confident Treasury would agree to more QE funds
Deputy governor Charlie Bean says Bank of England would “expect” chancellor to allow more funds for quantitative easing
UK inflation sinks below target
British price gauge falls below Bank of England’s target for first time in almost two years
MPC’s Posen queries symmetry of inflation targets
Newest member of Bank of England’s Monetary Policy Committee cites dangers in undershooting target and questions “mechanistic” monetarist view on quantitative easing
Economists petition lawmakers for Fed independence
Former Federal Reserve governor Frederic Mishkin among the signatories of online petition to keep monetary policy independent
Chile to lend at record-low interest rates until 2010
Chilean banks to be able to borrow at 0.5% until end of year
Russia chops another half point off benchmark rate
Central Bank of Russia cuts key rate to lowest since July 2008
Bank surprise boosts sterling
Bank of England’s decision to hold quantitative easing programme at £125 billion sends pound up against euro and dollar
Banks’ capitalisation matters for monetary policy
Bank of Finland looks at the role of the banking sector in the monetary-policy transmission mechanism in an emerging economy with a rapidly developing financial system
UK government wards Bank off leaning against wind
Alistair Darling’s long-awaited proposals beef up bank regulation but say the Bank of England should avoid leaning against the wind with rate moves
Nigeria liberalises FX regime, looks to spur liquidity
The Central Bank of Nigeria’s new governor displays intent to move rapidly to fix the financial sector
German finance minister warns ECB on liquidity overhang
Peer Steinbrück joins Angela Merkel in warning of potential inflationary impact of central bank’s extraordinary measures
Ex-IMF’s Johnson queries NY Fed’s bubble-bursting claims
Former International Monetary Fund research head challenges New York Fed’s Dudley claim that central bank can burst bubbles
Riksbank moves into negative rate territory
Sweden’s central bank, the world’s oldest, will on Wednesday become the first since the crisis began to penalise banks for holding deposits
A fifth of prices change each month in Belgium
National Bank of Belgium examines how frequently prices change in Belgium
NY Fed’s Dudley: central banks must look to lean against the wind
New York Federal Reserve president backs calls for central banks to counter bubbles