Central Banks
Four steps to improve international cooperation: Fed’s Kohn
Fed vice-chairman Donald Kohn calls for a more coordinated global response to the crisis
Curaçao and Sint Maarten should dollarise – Tromp
Bank of the Netherlands Antilles’s Emsley Tromp says formal dollarisation would improve the islands’ macroeconomic stability
Productivity drives banks’ international efforts
Bundesbank’s research finds that only the largest and more productive banks engage in international activity and set up foreign affiliates
Banks will be held to their promises: Canada’s Carney
Mark Carney, governor of the Bank of Canada, warns financial institutions against complacency
Raise inflation target to avoid slump – IMF report
International Monetary Fund study looks at how monetary policy can help hold off a protracted deflationary and economic slump when policy rates are near zero
Bundesbank will not be a better regulator: BaFin’s Sanio
Jochen Sanio, president of Germany’s banking regulator, strikes out against government plans to make the central bank sole regulator
Trichet rules out €30 banknote
ECB president Jean-Claude Trichet says the central bank will not issue a €30 bill after lawmaker’s request
Indian banks resilient – RBI report
Reserve Bank of India’s report shows financial sector has coped well, but systemic risk remains
National Bank of Ethiopia – Quarterly Bulletin
Central bank report finds growth in financial services, particularly microfinance, and investment
Emerging economies to lead the recovery: BoJ deputy governor
Bank of Japan's Kiyohiko Nishimura says financial conditions and business sentiment in the world’s second largest economy have improved
Regulation will not stave off future crises: Bank’s Tucker
Bank of England’s deputy governor argues that regulation will not address collective-action issues; sets out macroprudential tools
Eichengreen backs Fund as global lender of last resort
Berkeley economist Barry Eichengreen believes International Monetary Fund should in time take on the mantle of global lender of last resort
Interview with Barry Eichengreen
Berkeley economist Barry Eichengreen talks to CentralBanking.com on the IMF’s new role, reserve currencies and the future of economics as a science
Norway’s Gjedrem plays down crisis impact
Norges Bank’s governor says financial crisis unlikely to feed through to real economy
Why MPC chairmen are (almost) always in the majority
Research uncovers reasons why committees tend to back chairmen
Fed’s Rosengren on lessons from history
Boston Federal Reserve’s Eric Rosengren draws on crises in previous centuries to come up with broad lessons on turmoil
Zim finance minister looks to cut central bank authority
Tendai Biti, Zimbabwe’s finance minister, has tabled a bill that seeks to reduce the powers of the Zimbabwe’s central bank and its governor
Norges Bank reverses emergency collateral rules
Norway’s central bank tightens collateral guidelines with immediate effect, proposes end to acceptance of bank bonds
Eichengreen sees dollar safe for now
The euro and the renminbi could both mount a strong challenge to the dollar’s status as the global reserve currency. But, as Berkeley economist Barry Eichengreen tells CentralBanking.com, must overcome some major obstacles before they can do so
Plosser attacks Fed liquidity support
Philadelphia Federal Reserve president says central bank has gone “far beyond” Bagehot’s lender-of-last-resort tenet, should accept nothing but Treasuries