Central Banks
BoE unanimously backed rate hold
The Bank keeps rates steady as the MPC remains cautious over the road to recovery
Danish central bank sees profit drop 41%
National Bank of Denmark reports $500m tailing off in profits for 2009, puts development down to interest rate changes
Iceland trims rates on króna strength
Central Bank of Iceland cuts to 9% despite fears over Icesave dispute
Fed: safety net is too big
Richmond Federal Reserve research flags dramatic expansion of safety net
RBA: credit card reform in Australia
Reserve Bank of Australia‘s assistant governor discusses the challenges regulators face in the market for credit card payments
RBA justifies March rate hike
Signs of revival in economic activity convinced board members to hike rates by a quarter point
New BoK head sparks independence fears
Surprise choice of OECD representative Kim Choong-soo seen as way for government to exert control over central bank
New Korea governor emphasises cooperation, but says independence “crucial”
Kim Choong-soo looks to deflect criticism his appointment undermines the central bank’s autonomy
Interview: Kim Choong-soo
New Bank of Korea governor on independence, collaboration and challenges going forward
Fed’s Hoenig dissents again
Kansas City Fed president disagrees with commitment to keep low rates for an “extended period"
Washington makes play to name NY Fed chief
Senate banking committee’s reform bill calls for greater accountability in Liberty Street, pares Fed’s supervisory role to large banks alone
SARB’s Marcus reminds shareholders of responsibilities
South African Reserve Bank governor Gill Marcus says shareholders who try to profit from their stock ignore the greater good of the country
Major economies must heed Greece lesson: Carmen Reinhart
Co-author of This Time is Different warns sovereigns on debt sustainability
Bank’s Dale: QE a success
Spencer Dale discusses the merits of quantitative easing and its impact on the wider economy in the past year
The Bank’s balance sheet during the crisis
Bank of England’s markets chief sets out how size and composition of balance sheet has changed
US, UK on the road to a downgrade: Moody’s
If the US and Britain cannot repair their balance sheets, the burden of servicing debt could cause them to lose AAA ratings, agency says
Ireland’s Elderfield: Consumer comes first
Matthew Elderfield discusses the lessons learnt from the financial crisis, and how new regulations will place the consumer interests before the banks
China’s Zhou not flustered by higher-than-forecast inflation
People’s Bank of China governor Zhou Xiaochuan keeps a cool head as inflation increases by more than expected spooking analysts and markets, says central bank will keep to plans
We must return to global bond markets: Malaysia’s Zeti
Bank Negara Malaysia governor Zeti Akhtar Aziz says the central bank has encouraged government to sell bills to foreign investors to keep name prominent
ECB to assist Bosnia’s bid for EU accession
European Central Bank will help Bosnian central bank improve key areas such as statistics and research to prepare for the country’s accession to the European Union