Central Banks
Turkey continues cutting rates
The Central Bank of Turkey has voted to cut rates for the sixth straight month.
Czechs move a step closer to readying new act
The Czech National Bank has made further progress on its new central bank law.
Stability offers insight into reserves trend
Financial stability and openness go a long way to explaining reserve holdings in the modern era of globalised capital markets, research published by the Centre for Economic Policy and Research finds.
Euro expectations stabilise currencies
Relatively stable market expectations for euro-locking rates have fixed the exchange rates of three central European currencies, research published by the National Bank of Hungary finds.
GIC set to contribute to bank rescue fund
The Government of Singapore Investment Corporation, a sovereign wealth fund, could become the lead investor in a $6 billion fund set up to invest in troubled banks.
Chances of big cut diminish on Bernanke testimony
Market predictions of another cut to the federal funds rate of at least 50 basis points looked far from certain, following comments from Ben Bernanke, the chairman of the Federal Reserve.
US Treasury warns SWF rules could cause backlash
David McCormick, the US Treasury's undersecretary for foreign affairs, has said that rules forcing sovereign wealth funds to be more transparent could backfire.
Iceland holds rates at 13.75%
The Central Bank of Iceland has kept rates at 13.75% in spite of a poorer inflation outlook.
Korea keeps rates at 5%
The Bank of Korea opted to hold rates for the sixth straight month in the face of rising inflation.
IMF head wants harmonisation of collateral rules
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, has called on central banks to coordinate policy on open-market operations.
Riksbank surprises markets with rate hike
The Riksbank confounded expectations on Wednesday by hiking rates to 4.25%.
Old Lady stays cautious in latest Inflation Report
The Bank of England maintained its delicate balancing act between emphasising the upside risks to inflation and signalling that it still has room to cut rates in its latest Inflation Report, published Wednesday 13 February.
Philippines's Tetangco warns on inflation risks
Prospects of further rate cuts in the Philippines dimmed after Amando Tetangco, the governor of the central bank, highlighted risks to the inflation outlook.
ECB's Trichet reaffirms price stability commitment
Jean-Claude Trichet, the president of the European Central Bank (ECB), explained the thinking behind the eurozone lender's recent policy decision and shift in stance.
Instability calls for a sharper eye on markets
Financial instability requires monetary-policy-makers to rely on different data and communication strategies, Christian Noyer, the governor of the Banque de France said.
Research has a role in stability: ECB's Papademos
Economic research can make an important contribution to strengthening the resilience of the financial system, said Lucas Papademos, the vice president of the European Central Bank.
Policy forecasts don't damage markets
Central bank guidance about, or explicit forecasts of, likely future policy rates does not impair market functioning, research published by the Bank for International Settlements suggests.
Poole outlines problems of predicting Fed rates
Attempts by the Federal Open Market Committee (FOMC) to provide forward guidance in the policy statement cause more communications difficulties than they solve, says William Poole, the president of the St Louis Federal Reserve.
Analysing debt sustainability: a fresh approach
Research published by the International Monetary Fund has developed a new framework for analysis of public sector debt sustainability.
Uncertainty clouds possible Muto appointment
Japan's ruling party have denied reports that they are set to nominate Toshiro Muto, a deputy governor at the Bank of Japan, to replace Toshihiko Fukui, the departing governor.
UK inflation creeps higher
British CPI inflation edged further above the Bank of England's 2% target in January.
G7 ministers discuss IMF gold sales
"There was an acceptance among the G7 that resources should be raised by selling gold," said Tomasso Padoa-Schioppa, Italy's finance minister, who is also the head of the International Monetary Fund's (IMF) steering committee (IMFC).
Indonesia's Abdullah to step down in May
Burnahuddin Abdullah, the governor of Bank Indonesia, has said that he does not want to serve a second term at the central bank.
Demand for Fed money up in latest auction facility
Results of the latest Term Auction Facility operation reveal a slight rise in demand for Federal Reserve funds.