Central Banks
Central Bank of Belize – Annual Report 2008
Belize’s output negatively affected by flooding
IMF plays down quantitative-easing fears
International Monetary Fund says evidence on the effectiveness of Bank of England’s quantitative easing is moderately encouraging
Kozarić reappointed Bosnian governor
Kemal Kozarić to remain at the helm of the Central Bank of Bosnia and Herzegovina
Central banks expected to cut more staff
Survey respondents expect numbers to dwindle as central banks re-organise and outsource
ECB looks to soothe deflation fears
European Central Bank’s Jean-Claude Trichet and Lucas Papademos comment on the Governing Council’s decision to keep the key interest rates unchanged
Dubai to set up new Middle East payments system
Dubai enacts law to enable the establishment of real-time payments system for the Middle East and North Africa
S&P downgrades Latvia, Estonia
Latvia’s and Estonia’s long-term sovereign ratings downgraded, Lithuanian rating’s outlook put on negative watch
Ireland may break with past in selecting new governor
The crisis has hit Ireland hard. So hard that the finance minister may look outside the civil service for a successor to John Hurley
China sovereign fund publishes first annual report
China Investment Corporation reports negative rate of return for 2008 in first ever Annual Report
ECB consults on payment scheme oversight
Eurosystem publishes draft standards for assessing direct debit and credit transfer schemes
Bank expected to be downbeat on UK outlook
Bank of England rumoured to be bearish on growth and inflation in this week’s Inflation Report
Czech inflation sinks to six-year low
Figure hits 0.3% for year to July, the lowest since 2003
Swap lines had crucial impact: Aizenman
Joshua Aizenman, an economist, on the importance of emerging-market foreign-exchange swap lines during the crisis
Ocampo proposes move to fully SDR-based IMF
José Antonio Ocampo on reforming the global reserve system
France’s Landau on Glass-Steagall’s relevance
Banque de France’s Jean-Pierre Landau addresses robustness of complex financial systems
Effects of collateral constraints on house prices unclear
Bank of Finland looks at effect of housing markets on economies
RBA – Statement on Monetary Policy
Reserve Bank of Australia says economic conditions are improving in the latest Statement on Monetary Policy