Central Banks
FOMC: blue chips and unemployment key indicators
Federal Open Market Committee members are more concerned with so-called "blue-chip" inflation expectations than with lagged actual inflation or analysts' inflation expectations, a new paper form the Dallas Federal Reserve finds.
Dollar pegs should be reconsidered: King
Mervyn King, the governor of the Bank of England, warned on Wednesday that it would become "increasingly important" for countries to discuss abandoning their dollar pegs in the coming years.
Bank's outlook wintry for UK economy
The Bank of England gave a dismal forecast for the British economy on Wednesday, predicting inflation to rise to about three percentage points above its target and growth to fall sharply.
Central bank action removed liquidity threat: BoE
Senior Bank of England officials on Wednesday said liquidity tensions in global credit markets had diminished on the back of central banks' efforts.
IMF to change exchange-rate surveillance methods
The International Monetary Fund (IMF) on Tuesday is to alter the way in which its monitors members' exchange-rate policies.
Norwegian rates likely to stay high
Norwegian rates, now at their highest level since January 2003, look set to remain at least as steep in the coming months.
Colombia fights above-target inflation
The board of directors of the Banco de la Republica Colombia were unanimous in deciding to raise the central bank's benchmark rate by 25 basis points to 10%, the minutes of the 25 July meeting show.
Asia's reserves lower borrowing costs
Asian economies benefit from reduced spreads on their privately-held external debt because of their large holdings of foreign-exchange reserves, according to new research from the International Monetary Fund.
UK inflation soars to more than double BoE target
The Bank of England will publish its quarterly Inflation Report on Wednesday with annual inflation at more than double its 2% target.
US and European central banks too transparent
Major central banks such as the Federal Reserve, the Bank of England and the European Central Bank (ECB) may be too transparent, new research finds.
Chinese inflation falls for third-straight month
Chinese consumer price inflation fell to a ten-month low of 6.3% in the year to July.
RBA looking to lower rates
The Reserve Bank of Australia has reiterated that it will soon cut its key rate, now at a 12-year high, on signs that high borrowing costs are now curbing domestic demand.
Simpsons cartoon hero coined on euro
A Spanish shopkeeper has found a defaced euro coin bearing the head of Homer Simpson, the star of the Simpsons cartoon series.
Egypt fears second-round effects, raises rates
The Central Bank of Egypt has increased its three key rates in a bid to contain the impact of soaring food costs.
Fed carrying out covert liquidity tests - report
The Federal Reserve is subjecting the biggest investment banks to stringent liquidity tests, say reports.
Fiji: use electronic payments system more
Bank customers need to use Fijiclear, Fiji's electronic payments system, more, said Sada Reddy, the deputy governor of the country's Reserve Bank.
Russia embraces euro
The euro has gained in importance in Russia as an anchor and reserve currency, according to a new paper from the European Central Bank.
SWFs do not distort asset prices
Investments by sovereign wealth funds that are not economically motivated will not distort asset prices, finds new research from the European Central Bank.
Czechs move on currency fears
The Czech National Bank has cut its benchmark rate for the first time in three years in a bid to halt the koruna's climb.
Official sector shunning US mortgage agency debt
Despite the implicit government guarantee being made explicit last week, official institutions seem keen to sell paper issued by Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that insure half of the US's home loans.
Fiji court backs central bank on accounts claim
The High Court of Fiji has said that the country's central bank does not have to give the Auditor General access to its accounts.
New York Fed names new IT systems head
William Christie, the director of information systems at Commerce Bank, will join the New York Federal Reserve as an executive vice-president and head of the automation and system services group.
RBI to introduce currency futures
The Reserve Bank of India is set to introduce currency futures after finalising rules to sell the instruments on Thursday.
We've got money to burn: Hungary
The National Bank of Hungary is offering bricks made up of its cancelled banknotes for charities to burn for fuel.