Central Banks
RBI's Subbarao: India must go for growth
The governor of the Reserve Bank of India says restoring growth to pre-crisis levels and de-mystifying the office of the governor are among his main objectives for his first term at the helm
RBI's Subbarao on reviving growth, decoupling and global imbalances
The governor of the Reserve Bank of India discusses his objectives for his first term and how the decoupling argument needs to be revised
In return to normality, fiscal order must come first
Governments must put their books in order before central bankers raise rates, say economists
BoE’s Haldane outlines views on capital rules
Bank of England''s financial stability executive director says capital levels were possibly way too low before crash
Loyalty programmes influence payments choices
Reserve Bank of Australia finds that price incentives, and loyalty programs in particular, are influential when it comes to consumer decisions about payment instruments
BoE’s Haldane: OTC markets need reforming
Bank of England’s Andy Haldane says over-the-counter post-trade infrastructure needs top-down push to reform
Bundesbank names new Berlin branch chief
Buba appoints Claus Tigges to manage office in German capital
Central concerns
José Manuel González-Páramo, a member of the ECB’s executive board, talks to Risk about the role of the central bank and the need for greater oversight and transparency in the derivatives market
Liquidity lessons from the crisis
Daniel Heller, the head of the Basel-based CPSS, discusses propsoed reforms for payments, clearing and settlements
BIS's Cecchetti moots longer time horizon for monetary policy
Central banks may need to stretch their time horizons for inflation targeting to successfully combat financial instability, says Bank for International Settlements’ Stephen Cecchetti
SNB economist to depart at year-end
Kohli to retire from chief economist role in December
Britain begins to offload state banks
Dunfermline sold and supermarket rumoured to be interested in Northern Rock
Washington's timetable for regulatory reform
Patton Boggs, a law firm,sets out how and when Obama's proposals for US financial regulation reform will become law in 2009
BIS's Cecchetti on inflation, imbalances and instability
The head of the Bank for International Settlements' monetary and economic department, on how central-bank policy should change in light of the crisis
BoE’s Tucker: banking social contract needs reform
Bank of England’s Paul Tucker says that banks must adjust and it will not be cheap
Fed Hoenig: new rules must be simple
Kansas City Federal Reserve’s Thomas Hoenig calls for new rules for systemically-important institutions to be comprehensible
Ian Macfarlane – a proud record
The former governor of the Reserve Bank of Australia recalls his decade in charge which cemented inflation targeting
How Hong Kong handled the crisis
Joseph Yam, the chief executive of the Hong Kong Monetary Authority discusses the global policy response to crisis, Hong Kong’s relationship with China and reserve management in Asia.