Central Banks
Inflation dynamics in Turkey
A new paper from the Central Bank of Turkey examines monetary pressures and inflation dynamics in the domestic economy.
Danish central bank buys bust lender
Denmark's central bank has announced a Dkr4.5 billion ($900m) bailout of Roskilde Bank, the country's eighth largest retail bank, in a bid to stem fears that funding problems could spread through the system.
Ex-BoE's Buiter attacks Fed at Jackson Hole
Willem Buiter, a founding member of the Bank of England's Monetary Policy Committee, has panned the Federal Reserve's response to the financial turmoil.
People's Bank buys $246m stake in UK insurer
The People's Bank of China has bought up to £134m-worth ($246m) of shares in the UK's second-largest insurer.
Papua New Guinea's Kamit on independence
It was crucial that the central bank's independence was accompanied with wide-reaching finance industry reforms, said Wilson Kamit, the governor of the bank of Papua New Guinea.
Focusing on headline could induce volatility
Policies that react to headline inflation can induce different macroeconomic effects than those reacting to core inflation, a new paper from the Federal Reserve Board finds.
Bernanke outlines steps to let a Bear go bust
Ben Bernanke, the chairman of the Federal Reserve, has laid out plans to remove the threat of banks becoming too big to fail.
Deputy Rarawa set to replace Solomons' Hou
Denton Rarawa, the deputy governor of the Central Bank of the Solomon Islands, looks likely to succeed Rick Hou as head of the central bank.
Iran issues high-value notes, hints at reform
The Central Bank of Iran is swapping high-denomination paper notes for private banks' promissory notes in a bid to exert tighter control over the country's money supply as it plans broader currency reforms.
Germany to curb SWF investment with takeover rules
Berlin is to block big investment in strategic industries by companies from outside the European Union, in a move widely interpreted as an attempt to limit sovereign wealth fund investment.
IMF: emergency liquidity frameworks not ideal
There are shortcomings in the existing emergency liquidity frameworks of central banks, said Saleh Nsouli, the director for offices in Europe at the International Monetary Fund.
BoJ minutes: Japan's economy slowing
Japan's economic growth has slowed further, reflecting weaker growth in business fixed investment and private consumption, say the minutes of the Bank of Japan's Monetary Policy Council meeting on 14 and 15 July.
Integration raises solvency risks
More financial integration and innovation increases the risk of market and liquidity stress resulting in insolvency, a new paper from the International Monetary Fund finds.
Banking system fundamentally sound: RBNZ
The Reserve Bank of New Zealand on Thursday moved to assuage fears that the country's financial system is unstable.
SA may target different inflation measure
The South African Reserve Bank may target a different measure of inflation from 2009 onwards, the country's finance minister is reported as saying.
Errors in inflation forecasts
A new paper from the Central Bank of Chile assesses inflation forecasts from the Survey of Professional Forecasters for forecast errors for the period 2000 to 2008.
Tanzania expects to find most of stolen CB money
Tanzania's president has claimed the authorities are likely to recover the majority of the central bank funds lost in a TSh133 billion ($115m) fraud that led to a former governor's sacking.
Thai king lavishes praise on Watanagase
Bhumibol Adulyadej, the king of Thailand, has thanked Tarisa Watanagase, the governor of the country's central bank, for her work in stabilising the economy.
IMF is adapting to its members' needs
The International Monetary Fund (IMF) has focused its efforts to adapt to a changing world, said Saleh Nsouli, the director for the Fund's offices in Europe.
Gold standard and price-level targeting
A new paper from the Bank of Canada compares the gold standard and with price-level targeting regime.
Georgian violence prompts rate cut
The National Bank of Georgia has cut rates to combat the economic impact of the country's conflict with Russia.
Fed hawk Fisher softens stance
Richard Fisher, the president of the Dallas Federal Reserve and the lone dissenter on the last two Federal Open Market Committee (FOMC) votes, has acknowledged that slowing growth and a slump in commodity prices may stem inflation.
Bank split three ways for second straight month
The Bank of England's monetary-policy dilemma was further underscored on Wednesday when the minutes of the August rate-setting meeting revealed a three-way split.
Israel sends fresh batch of banknotes to Gaza
The Bank of Israel has delivered a new supply of banknotes to the Gaza Strip to avert a cash shortage, say local media reports.