Central Banks
Lagarde ‘perfectly calm’ about impending investigation
New managing director of the IMF is 'perfectly calm' at announcement of French investigation of abuse of powers during her time as finance minister
SNB devaluation attempt flounders as Swiss franc rebounds
Swiss franc claws back earlier losses after central bank intervenes to curb rise in currency
Central bank credibility remained intact during crisis: Netherlands Bank paper
Netherlands Bank study says non-standard economic policies did not have any adverse effects on inflation expectations
Reserve Bank of India's Rajagopalan dies
Shashi Rekha Rajagopalan, a member of the central board of directors of the Reserve Bank of India, passes away; Reserve Bank governor pays respects
Bank of Finland paper tests financial stability model
Bank of Finland study builds model to map systemic risks emerging in financial system
Barroso calls on eurozone to speed up completion of EFSF legislation
European Commission president José Manuel Barroso says member states must accelerate implementation of EFSF reforms as eurozone sovereign debt crisis spreads beyond the periphery
ECB extends bank support as rates are held around the world
ECB to offer unlimited six-month credit to support banks; BoE continues gamble with inflation
Japan takes unilateral action to counter currency appreciation
Japanese government and central bank on Thursday move to weaken yen as country recovers from the earthquake and tsunami tragedies
IMF calls on UK to widen scope of resolution regimes
IMF says UK lawmakers should expand the scope of BoE's special resolution regime to include systemically important financial institutions
US overestimates welfare costs of inflation: Bank of Italy paper
A new study says the miscalculated welfare costs of US inflation due to the exclusion of foreign dollar holdings in M1 could have significant implications
Spike in US headline inflation is temporary: San Francisco Fed paper
The San Francisco Federal Reserve review says headline inflation is likely to fall to converge with low levels of core inflation
Chairman of the Russian Banking Supervision Committee to resign: reports
Gennady Melikyan has announced his intention to leave his role as chairman of the Russian Banking Supervision Committee, according to local media reports
Last-minute US debt ceiling rise leaves world reeling
Debt ceiling deal will not restore investor confidence immediately; China still looking to diversify reserves away from dollar; credit ratings agencies cautiously affirm top ratings
Banks' funding profiles can indicate future defaults: IMF study
Fund study shows banks' funding profile is a useful predictor of likelihood of bank failure
RBI paper reviews financial inclusion policies in India
Reserve Bank of India case study on West Bengal region shows financial inclusion programmes are having limited success
Mexico’s Del Cueto discusses volatility in agricultural goods market
Bank of Mexico deputy governor Roberto Del Cueto says policymakers can take steps to help stabilise prices in agricultural goods
Inflation revisions could alter observed policy target: Philly Fed paper
Philadelphia Federal Reserve study says large size of inflation data revisions might reduce success rate of inflation targeting
Swiss franc declines as SNB eases policy rate
Swiss National Bank moves to stem strengthening of the Swiss franc by easing monetary policy; franc falls 1.97% against the euro following decision
Brazil ‘prepared’ for international challenges: Tombini
Governor of the Central Bank of Brazil says country is ‘prepared’ to face the challenges in the international arena; expects inflation downward trend to continue
SARB announces temporary registrar replacement
The South African Reserve Bank announces deputy to step into registrar role until beginning of 2012