Central Banks
Sri Lanka boosts gold holdings with IMF purchase
Central Bank of Sri Lanka buys 10 tonnes of gold from IMF, gold climbs higher
“We never had subprime issues”: Australia’s Debelle
RBA deputy governor Guy Debelle says credit will return as confidence re-emerges
SNB’s Hildebrand: regulators must stay focused on change
Swiss National Bank's Philipp Hildebrand says as economic situation improves regulators should beware of complacency
The relationship between money, credit and policy
A new paper finds evidence that the relationship between money and credit changed after the second world war
Brazil's new director stands for independence
New head of monetary policy at the Central Bank of Brazil favours floating rates
Bank of Canada – Autumn Review
Bank of Canada publishes the latest issue of its economic review
IMF to Hong Kong: beware of bubbles
International Monetary Fund looks at the potential macroeconomic implications for Hong Kong of accommodative monetary policy in the United States
Vietnam devalues dong and raises rates
Vietnam devalues currency and tightens policy after government stimulus feeds inflationary pressures
Mauritius’ Bheenick: we must save more
Bank of Mauritius’ Rundheersing Bheenick says domestic economy saves too little
KL passes new Bank Negara act
Legislation replaces act that’s more than half a century old
Fed toughens rules on directors' links with banks
Federal Reserve amends policy on regional directors’ holdings in banks following Friedman resignation
New RBI deputy appointed
Subir Gokarn begins term at the Reserve Bank of India where he will run the monetary policy, analysis, communications and statistics functions
Canada’s Carney criticises Chinese exchange regime
Bank of Canada governor says it could foster protectionism and thwart growth
Zero lower bound may have cost US $1.7 trillion
San Francisco Fed’s John Williams argues zero bound on interest rates has had negative effect and could continue to do so
Reserve Bank of Australia – Monthly Bulletin (November)
RBA’s monthly bulletin contains articles on capital flows, IMF funding, and speeches by the governor and two deputies
Bank bailed out two British lenders in secret
Bank of England says it provided lender-of-last-resort support to Royal Bank of Scotland and Halifax Bank of Scotland in October 2008; reveals extent to which two lenders teetered
US disinflation more likely than inflation: Fed’s Rosengren
Boston Federal Reserve’s Eric Rosengren sees inflation risks to the downside
Architects of euro point to “unfinished business”
The men behind the euro gathered in the French capital last week to mark the currency’s first decade. Robert Pringle, the chairman of Central Banking Publications, reports.
Bank pushes for corporate-debt expansion
Senior Bank of England officials want greater role for debt markets to enable smaller companies to bypass banks for funds
Kenya cuts by 75 basis points
Central Bank of Kenya chops three-quarters of a point off benchmark rate