Monetary Policy
Greece must help itself: Trichet
Jean-Claude Trichet, the ECB’s president, says the debt-ravaged country must act firmly to save itself and cannot expect special treatment
No consensus on quantitative easing
Roundtable reveals divisions on whether Bank of England’s asset purchase programme has helped
Atlanta’s Lockhart: don’t politicise the Fed
Atlanta Federal Reserve’s Dennis Lockhart says Fed must have the capacity to make unpopular decisions
Estonia ready for euro in 2011
Bank of Estonia publishes Report on the Adoption of the Euro
China heads for the exit
People’s Bank of China raises reserve requirement ratio in a move seen as confirming start of policy tightening
Fed posts record $46 billion profit
The Federal Reserve says it made a record profit in 2009; NY Fed is pressed to publish AIG records in spiralling political row
SNB will intervene to control franc: Hildebrand
Switzerland's Philipp Hildebrand says he will monitor the performance of the franc; gains have weakened Swiss exports
Sri Lanka’s Cabraal: bond market deepening in focus
Ajith Cabraal, the governor of the Sri Lankan central bank, outlines the 2010 roadmap for the country’s capital markets
Canada's Wolf on housing sector
David Wolf, an adviser at the Bank of Canada, says housing is disproportionately important in the country
Reserve Bank of Australia Bulletin (December 2009)
The December installment of the RBA's monthly bulletin contains articles on regulation and domestic economic developments
Systemic risk ebbing away: ECB's Papademos
ECB vice-president says financial system support measures have worked
Inflation costs: Philadephia Fed working paper
Philadelphia Fed paper examines cost of inflation in a DSGE model
HKMA deputy Choi on priorities for 2010
Deputy head of HK central bank discusses priorities, including preparations for an exit
Optimal monetary policy with some pricing power
Boston Fed paper looks at optimal policy in an environment where firms can set some prices
Fed should hike to 3.5% soon: FOMC’s Hoenig
Thomas Hoenig, president of the Kansas Fed, says the central bank cannot afford to wait for recovery to firm before tightening
Philadelphia Fed Business Review
Review features articles on monetary policy implementation, banking design and the best way for central banks to transmit information
Denmark lops off 5 basis points to contain krone
National Bank of Denmark cuts its key rate to 1.15%, as the latest in a series of reductions since last August to halt krone appreciation
Korea holds amid concern over government influence
Bank of Korea leaves the cost of borrowing at 2% for 11th straight month; concern that presence of a minister at meetings will curtail independence
FOMC minutes flag inflation uncertainty
Minutes for December meeting of the Federal Open Market Committee underline divergence of views over price pressures
Bank of Finland Bulletin (December 2009)
The Finnish central bank acknowledges the weakness of the economic recovery and explains why the domestic economy has been particularly affected by the crisis
A century of financial crises in New Zealand
Recent analysis from the Reserve Bank of New Zealand suggests that improvements in policy will reduce the risk of a currency crisis going forward
Cut expenditure as soon as recovery firms: RBI’s Gopinath
Reserve Bank of India deputy governor Shyamala Gopinath says spending will have to be reined in to protect and foster the country’s economic growth
Let the yuan appreciate: leading Chinese think tank
Chinese Academy of Social Sciences argues for a one-off 10% appreciation of the yuan as international calls intensify
Turkish cuts beginning to ease credit markets
Central Bank of Turkey says loosening has started to produce improvements in financial sector