Central Banks
NBB: Macroeconomics not to blame for financial turmoil
Belgian central bank paper looks at the consequences the financial crisis on macroeconomics with a study of Keynes and Lucas.
Taiwan to scrutinise lending on hot money fears: reports
Official from Central Bank of the Republic of China (Taiwan) reportedly says lenders’ foreign currency loans will be inspected for signs of speculation on currency
NBB: research department’s role in central banks vital to policy
Belgium National Bank looks at role of research departments in the bridging gap between policymakers and academics
Obama picks Yellen for Fed vice-chair
US President confirms speculation by nominating San Francisco Fed chief Janet Yellen as central bank’s deputy head, economist Peter Diamond and state regulator Sarah Raskin proposed for the board
SNB’s Hildebrand: too-big-to fail could wipe out country
Swiss National Bank chairman Philipp Hildebrand calls for hasty resolution to too-big-to-fail in Switzerland
Japan to make 'new efforts' to boost growth
Bank of Japan introduces new pledge to help lay foundations for strong growth, says it will set up temporary facility to support lending to business
Central bankers split on raising inflation targets: poll
CentralBanking.com poll shows a slim majority think raising targets to 4% is a bad idea, while nearly 44% approve to some extent
Dallas Fed - Annual Report 2009
Dallas Fed report for 2009 looks at causes of financial crisis and outlines shape of new policy
Turkey sanguine on inflation
Turkey’s 2010-11 inflation report shows price pressures continued to rise during the first quarter of the year, but that these were cost-push rather than demand-driven pressures
ECB’s Tumpel-Gugerell on e-invoicing
European Central Bank executive board member discusses pan European e-invoicing system
Capital ratio hikes 'not appropriate' for South Africa
South African Reserve Bank says lenders already hold more than necessary and further hikes will only hit profits; deputy governor Guma flags work on macroprudential framework
Buba’s Weber chastises 'counterproductive' stalling on Greece
Bundesbank president Axel Weber calls for swift action to move forward as Standard & Poor’s downgrades Spain in further sign that Greek crisis is spilling over to neighbouring countries
US senators finally agree to reform debate
Having blocked discussions from Monday to Wednesday, Republican senators agree to let disputed regulatory reform bill be debated
Rate round-up: Brazil hikes, most hold, Russia cuts
Brazil raises policy rate to 9.5%, Russia cuts to 8.25%; United States, Poland and New Zealand hold
ECB’s Trichet: voices opinion on fiscal goals in Europe
ECB president Trichet calls for concerted effort from European finance ministers to rebuild confidence in markets
IMF: Chile’s financial system resilient to global crisis
IMF paper shows little impact of global financial crisis on Chilean banks
Election uncertainty clouds future of FSA, Bank
Regulator could be swallowed by central bank if Conservatives win, but polls and analysts divided on most likely outcome
Eurozone credit standards tightened further in past three months
ECB s bank lending survey shows credit conditions remain fragile
Italy’s Saccomanni calls for new exchange-rate regime framework
Bank of Italy director general Saccomanni calls for standardisation of exchange-rate policies to reduce imbalances in global economy
S&P’s Greek downgrade puts collateral issue back on agenda at ECB
Standard & Poor’s downgrades Greece’s debt to junk, the implications mean collateral would be ineligible at the European Central Bank if Moody’s and Fitch followed suit
Republicans propose end to Fed's quasi-fiscal activity
Senate Republicans leak alternative regulatory proposals calling for an end to Fed’s involvement in shoring up broad sectors, central bank cannot lend to firms with solvency problems under plans
Provopoulos: Greece must regain competitive edge
Bank of Greece governor tough on reform; calls for a break from the past