Central Banks
BoJ publishes rate-meeting minutes
Some members of the Bank of Japan's Monetary Policy Council suggested the institution should communicate that it always pays close attention to both economic and price developments, minutes of the May rate-setting meeting reveal.
BIS chief to leave early
Malcolm Knight, the general manager and chief executive of the Bank for International Settlements (BIS), will step down in September, nine months before the end of his term.
Canada's Carney justifies surprise hold
The Bank of Canada decided to leave rates on hold earlier this month, rather than cutting as expected, after upside risks to the inflation outlook emerged.
Mexico shocks markets with rate rise
The Bank of Mexico opted to unexpectedly raise rates a quarter point and revise its projections for inflation upwards.
Sri Lanka holds despite record-high inflation
The Central Bank of Sri Lanka left rates unchanged at 10.5% for the fourth-straight month on Friday to support growth in spite of rampant inflation.
Policy should encourage card payments: Riksbank
Swedish consumers over-use cash and under-use cards from a social perspective because their choice of payment instrument is based on private incentives, research by the Riksbank finds.
BoE's Gieve to leave following stability changes
Sir John Gieve, the Bank of England's deputy governor responsible for financial stability, will step down once changes to the Bank's financial stability role are in place.
Chief economist to succeed Lomax as BoE deputy
Charles Bean, the chief economist at the Bank of England, will replace Rachel Lomax as deputy governor responsible for monetary policy when she steps down at the end of June.
SNB opts to hold rates
The Swiss National Bank left its target range unchanged on Thursday, arguing that the global economic slowdown would dampen inflationary pressures in the medium term.
Libor misrepresents market rates, poll finds
The London Interbank Offered Rate (Libor), a measure of interbank borrowing costs often used to gauge financial market stress, fails to reflect actual money-market rates for cash, traders say.
UK rate-setters mulled June rise
Several members of the Bank of England's Monetary Policy Committee considered raising rates in June on the back of poor inflation data.
De La Rue sells cash systems business to Carlyle
Carlyle Group, a private equity firm, looks set to buy the cash systems business of De La Rue, the biggest private printer of banknotes, for £360m ($704m).
PMA sets up scholarship scheme
The Palestine Monetary Authority (PMA) will offer PhD scholarships to the state's brightest students in a bid to strengthen its research and monetary policy department.
Russia seeks greater gains for SWF
Senior Russian politicians have backed plans to create a government agency to enable its sovereign wealth fund to pursue a riskier investment strategy, according to media reports.
One rate hike enough: ECB's Bini Smaghi
The European Central Bank (ECB) looks increasingly likely to raise rates just once in the coming months, after Lorenzo Bini Smaghi, a member of the institution's executive board, said a single 25 basis-point rate hike will suffice to bring inflation back…
HKMA uncovers securitisation trends
The Hong Kong Monetary Authority's latest Quarterly Bulletin includes a discussion of the results of a survey, which offers perspectives on the future of securitisation.
Settlement risk in Asian FX markets "remains high
Research published by the Bank for International Settlements calls for more extensive use of intra-regional currencies after finding that settlement risk remains high in Asian foreign exchange markets.
Canada reviews financial stability
Tensions in Canadian credit markets have been somewhat less severe than those in the United States, the latest Financial Stability Review from the Bank of Canada concludes.
IMF on how to insure against external shocks
A new International Monetary Fund paper finds the level of reserves required to self-insure against external shocks for two of the world's most vulnerable regions.
UK inflation to top 4%: BoE's King
Mervyn King, the governor of the Bank of England, has warned that UK annual inflation will rocket to more than 4% in the coming months.
Online petition set up to stop ECB rate hikes
A French economist has set up an online petition to muster opposition to the European Central Bank's likely rate hike in July.
Turkey raises rates to 16.25%
The Central Bank of Turkey added 50 basis points to the cost of borrowing on Monday in its first policy vote since abandoning its 4% inflation target.
RBA justifies third-straight rate hold
Australia's monetary-policy makers concluded that, on current policy settings, the necessary moderation in demand growth was likely to occur and so left interest rates unchanged at 7.25% for the third meeting in a row.