Central Banks
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.
Runaway Eurozone inflation hits fresh high
Annual inflation in the euro area surged in May to a record high of 3.7%, up from 3.3% the previous month.
HKMA's foreign assets fall HK$6.3 billion in May
The Hong Kong Monetary Authority has reported significant foreign asset losses for its Exchange Fund during May.
Payments after 2010
A new book from payments visionary Harry Leinonen of the Bank of Finland looks at how people will make and receive payments in the second decade of the 21st century and beyond.
When fair value met market turmoil
A new paper from the Basel Committee's Accounting Task Force and Risk Management and Modelling Group looks at how new accounting treatments and techniques stood up in the face of the recent market turmoil.
Czech deputy queries Slovak rules to fix prices
A deputy governor at the Czech National Bank has questioned Slovakia's measures to limit inflation in the run-up to its adoption of the euro.
Inflation of paramount importance: BoE's Tucker
A senior Bank of England official has underlined the institution's "overriding" commitment to its 2% inflation target.
Cyprus refuses to sell gold
The Central Bank of Cyprus has rejected government calls to sell its remaining supplies of gold.
The Fed on the 1987 crash
The Federal Reserve has assessed its response to the 1987 stock market crash.
India hikes unexpectedly to counter price surge
The Reserve Bank of India surprised markets by lifting its benchmark repurchase rate to 8% on Wednesday.
UK inflation expectations jump to fresh high
A Bank of England survey shows the British public thinks prices will rise by 4.3% over the next 12 months, their highest-ever estimate of annual inflation.
SARB confounds expectations with half-point hike
The South African Reserve Bank raised its policy rate to 12% on Thursday.
Korean SWF could buy Lehman stake
Korea's sovereign wealth fund is one of a number of the country's official institutions that could inject funds into Lehman Brothers, an investment bank, it was revealed on Thursday.
Beige Book backs up Bernanke comments
The Federal Reserve's Beige Book indicates the US manufacturing sector is passing on higher input costs to customers.
ECB on why the risks to inflation have risen
The European Central Bank's (ECB) latest Monthly Report outlines why the upside risks to inflation have risen further over the past month.
Low inflation will foster growth:Zambia's Fundanga
The achievement and maintenance of a low and stable inflation rate is essential for economic growth, Caleb Fundanga, the governor of the Bank of Zambia, stated.