Central Banks
Fed's Fisher warns on inflation expectations
Richard Fisher, the president of the Dallas Federal Reserve, has said that the Fed must be careful to avoid "stirring the embers of inflation".
IMF finds formula for trade-shock recovery
Real exchange rate depreciation, along with improvements in government stability and the institutional environment can lead to a speedy recovery from terms-of-trade shocks, research published by the International Monetary Fund finds.
SWF round-up
The march of sovereign wealth funds on Western financial institutions continued this week with the announcement the Qatar Investment Authority (QIA) will buy a stake in Credit Suisse, a Swiss bank.
New Czech vice governor appointed
Mojmir Hampl, a board member of the Czech National Bank, has been named as vice-governor of the central bank.
Muto: a governor-in-waiting?
Japan's ruling Liberal Democratic Party is expected to nominate Toshiro Muto as the next governor of the Bank of Japan. But opposition leaders continue to resist his nomination.
Sentance warns of slowdown
Andrew Sentance, a member of the Bank of England's Monetary Policy Committee, has warned of the possibility of a "more significant and sustained" slowdown than those of the recent past.
Stagflation problem for the Fed?
The Federal Reserve faces a problem that the United States has not seen for many years: stagflation.
Singapore minister slams SWF "backlash"
Goh Chok Tong, a senior Singapore minister and chairman of the country's central bank, said that arguments against sovereign wealth funds (SWFs) are driven a by "nationalistic backlash".
Barker concerned with risks to growth
Kate Barker, a member of the Bank of England's Monetary Policy Committee, has outlined why she is increasingly concerned over downside risks to growth.
Coin misuse trouble Bank of Korea
Korean ten-won coins have recently found favour as decorative pendants - a development that has the Bank of Korea worried.
Indonesian governor questioned
Burhanuddin Abdullah, the governor of Bank Indonesia has been questioned over an alleged corruption case which the country's powerful Corruption Eradication Commission believes involves the central bank.
Garganas highlights credit market uncertainty
Nicholas Garganas, the governor of the Bank of Greece, acknowledged that the economic impact of credit market developments may be larger than expected.
Bank of England's February minutes
The minutes from the 6 and 7 February meeting of the Monetary Policy Committee show that eight out of the nine members voted to cut the Bank Rate by 25 basis points to 5.25%.
Optimal transparency of monetary policy committees
Revealing the diversity of views in monetary policy committees makes future monetary policy more predictable, a new paper from Germany's central bank finds.
Fed's Evans sees pause in rate cuts
Charles Evans, the president of the Chicago Federal Reserve Bank, said that the recent interest rate reductions taken by the Fed should be sufficient to help promote moderate growth over time and mitigate the risks to economic activity.
Mixed results for inflation targeting
A study by the Bank of Canada finds that the ability of inflation-targeting central banks to hit their targets varies considerably. The study, published in the Bank of Canada's Winter Review, looked at 21 countries over the period 1990 to 2007.
Australia considered bigger rise
Minutes from the February board meeting of the Reserve Bank of Australia show that the central bank considered raising its cash target by a bigger margin than the quarter percentage point rise announced on 5 February.
Reserve managers look to derivatives
A survey by Central Banking Publications, sponsored by the Royal Bank of Scotland, has found that central bank reserve managers are still searching for yield after the recent credit turmoil, and that over half of those surveyed see derivatives as an…
New anti-corruption measures for Bank of Tanzania
The newly-appointed finance minister of Tanzania, Mustafa Mkulo, has said that one of his first tasks will be to ensure that the country's central bank is less prone to corruption.
Two candidates for Indonesian governorship
Indonesia's president, Susilo Bambang Yudhoyono, has named two candidates to replace Burhanuddin Abdullah as governor of Bank Indonesia when his term of office ends in May.
BoE's Besley sees reduction in consumption growth
Speaking at the Institute for Fiscal Studies, London, on 18 February, Timothy Besley, a member of the Bank of England's Monetary Policy Committee, said that recent shocks to the UK economy "have created a challenge to policy."
Dynamic pricing and imperfect common knowledge
This paper by Kristoffer Nimark of the Reserve Bank of Australia introduces private information into the dynamic pricing decision of firms in an otherwise standard new Keynesian model by adding an idiosyncratic component to firms' marginal costs.
Japanese rates on hold, strong growth won't last
The Bank of Japan opted to leave rates unchanged for the 14th straight month and said the recent surge in growth would prove short-lived.
Eurozone growth falls, raises chances of Q2 cut
Chances of the European Central Bank (ECB) cutting rates later this year rose as data revealed the pace of growth slackened in the eurozone in the fourth quarter of last year.